Restaurants


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    Fizkes via Getty Images

    B2B drives Q2 payments growth: Nacha

    Healthcare and peer-to-peer payments also rose during the quarter over last year, the clearing house that runs the national automated system said.

    By Tatiana Walk-Morris • Aug. 3, 2022
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    Drew Angerer via Getty Images

    PayPal takes new direction with Elliott

    The payments pioneer is fine-tuning its strategy with Elliott Investment Management, which now has a $2 billion investment in the company.

    By Aug. 3, 2022
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    Trendline

    Payment fintechs persist despite economic upheaval

    Payment fintechs are being tested by macro-economic headwinds, from inflation to supply constraints, but many see this as an opportunity to prove they can grow despite the obstacles.

    By Payments Dive staff
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    Justin Sullivan via Getty Images

    Legislation aimed at Visa, Mastercard lands

    A new bill to curb Visa and Mastercard’s dominance of credit payments is likely to rev up a long-time battle between merchants and card companies.

    By July 29, 2022
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    Michael M. Santiago via Getty Images

    Card CEOs react to macroeconomic threats

    Amid talk of a recession, executives with Visa, Mastercard, American Express and Discover are keeping a close eye on inflation, consumer demand and unemployment levels.

    By , July 29, 2022
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    Courtesy of Mastercard

    Mastercard earnings get cross-border lift

    “We will continue to watch the environment closely” and “be nimble in managing our expenses,” Mastercard CEO Michael Miebach said during a conference call with analysts.

    By July 28, 2022
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    Justin Sullivan via Getty Images

    Visa's 3Q results defy recession talk

    Visa’s fiscal third quarter results were buoyed by increased cross-border travel and consumer spending, with no signs of a recession in sight for the largest U.S. card company.

    By July 27, 2022
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    Amex raises growth projections

    The spending behaviors of American Express customers don’t suggest an economic downturn is imminent, CEO Steve Squeri asserted during Friday’s second quarter earnings call.

    By July 22, 2022
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    Retrieved from sunday on July 15, 2022

    Restaurant payments app Sunday cuts staff, exits markets

    The startup, which launched just 16 months ago, will pull out of four of its seven markets to focus on the U.S., U.K. and France. 

    By Emma Liem Beckett • July 17, 2022
  • Toast Inc. point of sale device
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    Courtesy of Toast Inc.

    Toast acquires restaurant tech partner Sling

    Restaurant software company Toast has added to its menu of tools for clients by acquiring Sling, which helps food establishments manage worker scheduling and communication.

    By July 7, 2022
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    Oracle adds restaurant payment acceptance

    By partnering with Dutch payments processor Adyen for the new service, Oracle aims to become a one-stop shop for restaurants, an industry analyst said.

    By July 1, 2022
  • BurgerFi Anthony's Visa Card
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    Courtesy of BurgerFi

    BurgerFi and Anthony's launch co-branded Visa rewards card

    The card offers customers 3% cashback on all purchases at any of the restaurant brands’ 185 locations.

    By Alicia Kelso • June 28, 2022
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    gorodenkoff via Getty Images

    PayPal launches small business credit card

    The digital payments company is targeting small business owners as they seek credit financing and loans.

    By Tatiana Walk-Morris • June 28, 2022
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    Khaosai Wongnatthakan via Getty Images

    BNPL faces tough economic challenges

    Evidence suggests that BNPL borrowers are increasingly having trouble paying off their loans, based on a report from one analyst who follows the U.S. buy now-pay later provider Affirm.

    By June 27, 2022
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    Courtesy of Mastercard

    Mastercard expands sonic branding with 'Priceless' album

    The multi-artist album, a first-time marketing move by the card company, features original songs that incorporate Mastercard’s brand sound.

    By Chris Kelly • June 22, 2022
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    Discover eyes benefits of downturn

    As smaller fintechs grapple with restructuring challenges, the card company expects there will be more opportunities for it in hiring talent and acquiring businesses.

    By June 21, 2022
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    Courtesy of Walmart

    Walmart, Roku partner to evolve shoppable streaming ads 'beyond the QR code'

    The mega-retailer is the exclusive partner on a new Roku feature that allows people to purchase products by clicking on ads with their remote.

    By Peter Adams • June 17, 2022
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    Courtesy of Grubhub

    Grubhub adds instant pay option for delivery drivers

    Food delivery company GrubHub will make an instant payout option available to its couriers, with an assist from PayPal and Visa, so drivers can deposit earnings to a debit card.

    By Alicia Kelso • June 15, 2022
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    Courtesy of Toast

    Toast heats up restaurant payments competition

    As Toast adds services, the Boston startup is taking business from larger rivals and fintech peers, analysts say.

    By June 8, 2022
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    Amex isn't afraid of inflation

    American Express CEO Steve Squeri is bullish on his cardholders' financial health and the broader economic situation, saying Thursday he expects inflation to moderate in 2023.

    By June 3, 2022
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    Chainarong Prasertthai via Getty Images

    Block offers Apple tap-to-pay for merchants

    Block wants to attract more business clientele as fintech firms experience economic volatility. Offering tap-to-pay on the iPhone advances that goal.

    By Tatiana Walk-Morris • June 3, 2022
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    PeopleImages via Getty Images

    NMI aims to equip banks with modern payments tech

    As banks try to fend off competition from fintechs in merchant acquiring and processing, payments gateway NMI aims to capitalize by offering to bolster their services.

    By June 1, 2022
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    hapabapa via Getty Images

    Adyen targets North America for growth

    Upstart Dutch payments processor Adyen is increasing its competition against FIS, Fiserv and Stripe on their home turf in the U.S.

    By May 27, 2022
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    Courtesy of CashApp - Square

    SoundHound, Square launch tool for restaurant orders

    The voice app company SoundHound AI is rolling out a service for restaurants with Block's Square that answers phone calls, takes  orders, accepts modifications and sends confirmations to complete payments.

    By Alicia Kelso • May 19, 2022
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    Stephanie Keith via Getty Images

    Restaurant payments startup SpotOn raises $300M

    SpotOn plans to use the capital to develop new products and services, the San Francisco-based company said. The funding round was led by Dragoneer Investment Group. 

    By May 19, 2022
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    Joe Raedle via Getty Images

    Block bets on bitcoin

    “We are no longer just a payments company,” Block CEO Jack Dorsey said at the company’s investor day Wednesday.

    By May 18, 2022