Restaurants
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Courtesy of Toast Inc.
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 -
Rawpixel via Getty Images
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 -
Permission granted by Durbin's senate office
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 -
Spencer Platt via Getty Images
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 -
skynesher via Getty Images
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 -
Permission granted by Fiserv
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 -
Jason Doiy / Getty Images via Getty Images
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 -
Courtesy of Taco Bell
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 -
Courtesy of Toast Media Kit
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 -
Scott Olson via Getty Images
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 -
Joe Raedle / Staff via Getty Images
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 -
Courtesy of Shift4. Shift4 CEO Jared Isaacman
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 -
Courtesy of PayPal
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 -
Courtesy of Paytronix
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 -
Spencer Platt via Getty Images
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 -
Courtesy of Megan Cheung
Visa taps AI analytics partner to add merchant services
The card network giant has signed a new multi-year agreement with the marketing research firm Analytic Partners to deliver advertising insights to merchant clients.
By Lynne Marek • Oct. 16, 2024 -
Vadym Petrochenko via Getty Images
Payments investments rise worldwide
Although venture capital investment in young payments firms grew globally during the third quarter, compared with the same period last year, that wasn’t the case for U.S. firms.
By Lynne Marek • Oct. 15, 2024 -
Creative via Getty Images
Global Payments embarks on ‘transition’ year
The payments processor expects to undertake possible divestitures, beginning this year, as part of an effort to jump-start revenue in subsequent years.
By Lynne Marek • Oct. 9, 2024 -
Jonathan Drake/Reuters
Hurricane Helene aftermath prompts card, cash troubles
After the storm ripped through the southeastern U.S., consumers and merchants have been left grappling with card network outages and cash shortages.
By Lynne Marek • Oct. 3, 2024 -
Rawpixel via Getty Images
Opinion
Who really pays for your credit card reward points?
"While rewards may feel like a bonus for those who use credit cards regularly, they ultimately come at a cost," writes one payments executive.
By Parth Vatsal • Sept. 19, 2024 -
Permission granted by Amazon
Amazon provides checkout tech at universities, stadiums
The company said it expects to place its automated checkout technology at more venues in 2024 than in any year previously.
By Jessica Loder • Sept. 9, 2024 -
Courtesy of Shift4
Shift4 acquires Canadian gift card company for $148M
Shift4 keeps buying up payments companies as it seeks to build out a global business servicing many sides of the industry.
By Lynne Marek • Aug. 27, 2024 -
Courtesy of Grocery TV
North American Bancard rebrands in bid to improve
The card payments service provider for merchants said it will now be known as North as part of an effort to evolve and appeal to businesses of all sizes.
By Lynne Marek • Aug. 12, 2024 -
Joe Raedle via Getty Images
Shift4 strives to become ‘SpaceX of payments’
Recent acquisitions and an expanded roster of clients that includes several sports teams are intended to help Shift4 dominate the payments space, the CEO said.
By Patrick Cooley • Aug. 9, 2024 -
Creative via Getty Images
Toast aims to move beyond restaurants
The payments service provider is known for working with restaurants, but seeks to make headway with convenience stores, grocery stores and bottle shops.
By Patrick Cooley • Aug. 7, 2024
