Restaurants
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Visa, Mastercard trials postponed
Courts in New York and Chicago rescheduled two antitrust trials over Visa and Mastercard swipe fees to next year as merchants decried further delays.
By Justin Bachman • June 30, 2025 -
Shift4 buys Smartpay for $180M
The payments services provider bought the distribution network business to keep building its presence in Australia and New Zealand.
By Lynne Marek • June 23, 2025 -
JPMorgan, Amex flash new cards
Both companies teased premium card refreshes in the past two weeks, reflecting the race for high-end card holders.
By Patrick Cooley • June 20, 2025 -
Illinois delays interchange fee law
Gov. JB Pritzker has signed a bill that delays implementation of a controversial new law that would bar interchange fees on taxes and tips in Illinois.
By Lynne Marek • June 17, 2025 -
Cantaloupe scooped up for $848M
The self-checkout kiosk company was purchased by 365 Retail Markets, a firm focused on self-service technology and backed by private equity firm Providence Equity Partners.
By Lynne Marek • June 17, 2025 -
Column
Credit card bill crusade persists
Sens. Dick Durbin and Roger Marshall may have lost their latest bid to win a congressional vote on the Credit Card Competition Act, via stablecoin legislation, but proponents are undeterred.
By Lynne Marek • June 16, 2025 -
Tapcheck embeds EWA in payroll
Recent integrations with HR management platforms position the Texas earned wage access startup for growth.
By Justin Bachman • June 13, 2025 -
Visa, Mastercard $5.5B settlement advances
Plaintiffs in the card network litigation say problematic third-party communications regarding claims has declined since a February filing deadline.
By Justin Bachman • May 20, 2025 -
Toast targets entertainment venues
The digital processor signed a Dallas-based chain of driving ranges as a customer in the first quarter, and has made a push to add movie theaters, bowling alleys and arcades.
By Patrick Cooley • May 16, 2025 -
Shift4 turns to restaurants for future growth
The payment processor has signed thousands of restaurants in Europe and expects to delve deeper into that business.
By Patrick Cooley • May 5, 2025 -
Toast, Clover fight for restaurant customers
The fledgling fintechs have gobbled up a significant share of the U.S. restaurant point-of-sale market, but they’ll increasingly be battling industry heavyweights.
By Patrick Cooley • April 29, 2025 -
Fiserv ventures into high-end restaurants
The payment processing giant’s point-of-sale platform Clover will begin catering to upscale dining establishments next month.
By Patrick Cooley • April 28, 2025 -
Durbin rounds up CCCA support
The Democrat from Illinois asked retail and restaurant industry representatives this week to help build support for the Credit Card Competition Act, but it has yet to be introduced this year.
By Lynne Marek • April 4, 2025 -
Swipe fee foes find legislative support in almost a dozen states
The battle to curb interchange fees has migrated from Illinois across the nation, with bills in 11 states seeing robust lobbying.
By Justin Bachman • March 28, 2025 -
Fiserv, PayPal and FIS change up board members
Payments companies are adding board members, and bidding farewell to others, as the industry sees increased merger and acquisition activity.
By Lynne Marek • March 19, 2025 -
Fiserv CEO transition took only 10 days, CFO says
CEO Frank Bisignano quickly deemed his successor, Mike Lyons, ready to lead the payment processor, but don’t expect any strategy shifts, Fiserv’s CFO said.
By Justin Bachman • March 11, 2025 -
Checkout.com opens San Francisco office
The British digital payments company is expanding its U.S. presence after seeing revenue surge last year.
By Lynne Marek • March 5, 2025 -
PAR Technology fuels software strategy with acquisitions
The company has pivoted to a software strategy, by buying up other companies and building on its point-of-sale hardware beginnings.
By Lynne Marek • March 4, 2025 -
Toast dips toe into retail payments
Mainly known as a company catering to restaurants, Toast executives said they plan to partner with more food and beverage retailers this year.
By Patrick Cooley • Feb. 21, 2025 -
PAR Technology buys Delaget for $132M
The food service point-of-sale and payments software provider said it bought the data analytics company to better service restaurant operators.
By Lynne Marek • Jan. 2, 2025 -
Merchants maneuver as Visa enforces surcharge program
As the card network giant enforces its surcharge rules, merchants react to different experiences in the market and adjust.
By Shefali Kapadia • Dec. 17, 2024 -
Shift4 merges with Eigen
Shift4 quietly updated its website in recent days to say that Eigen Payments is now a part of the payments processing company.
By Patrick Cooley • Dec. 12, 2024 -
PayPal to boost prices for merchants
The digital payments pioneer plans to increase fees U.S. merchants pay for some of its services, including buy now, pay later options, starting next month.
By Lynne Marek • Dec. 12, 2024 -
Paytronix acquired by Access Group
The deal will expand the offerings available through Paytronix’s platform and help accelerate its growth, executives said.
By Jessica Loder • Nov. 4, 2024 -
Amex Q3 restaurant spending growth edges down
The card issuer has recently focused on courting cardholders hungry for restaurant services, but last week reported spending growth in that category had waned.
By Lynne Marek • Oct. 21, 2024