Restaurants: Page 2

  • Mastercard point of sale, retail
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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
  • Several Visa cards spread out on surface revealing company's logo.
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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
  • Explore the Trendline
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    sefa ozel via Getty Images

    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
  • American Express logo on window
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    Scott Olson via Getty Images

    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
  • A hand holding a smartphone that shows a menu for a restaurant
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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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    Permission granted by Oracle

    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
  • Small business owner talks on phone while standing at register
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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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    designer491 via Getty Images

    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
  • A man carrying orange bags with the word Grubhub on the side.
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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
  • Spark Toast Orders Hub
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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
  • American Express CEO Steve Squeri
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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
  • A consumer pays by tapping the phone to a point-of-sale device.
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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
  • Making a card payment
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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
  • Square POS
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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
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    Sarah Silbiger via Getty Images

    Are restaurant operators eating too many fees?

    "I’ve been disappointed to see how the payments industry is constantly looking for ways to profit off of small businesses in sneaky ways," says Copper CEO Dickson Chu.

    By Dickson Chu • May 16, 2022
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    Justin Sullivan via Getty Images

    Three US cash trends persist, Fed report says

    The COVID-19 pandemic led U.S. consumers to change up their payment habits, but three long-term cash trends have mainly persisted, according to a Federal Reserve Bank report issued this month.

    By May 16, 2022
  • credit cards
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    Retrieved from Flickr/frankieleon.

    Fed delivers mixed credit card data

    While first-quarter consumer credit card debt rose relative to the same period last year, it dropped compared to the fourth quarter. Meanwhile, consumers' outlook on the availability of credit deteriorated.

    By May 12, 2022
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    PeopleImages via Getty Images

    VizyPay carves out a niche catering to rural America

    Austin Mac Nab, the CEO and cofounder of Waukee, Iowa-based payments processing firm VizyPay, said the company aims to disrupt the payments landscape by catering to small town businesses.

    By May 11, 2022