Restaurants: Page 3

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    Amex, Discover see lasting credit changes

    The chief financial officers at American Express and Discover each said this week that pre-pandemic credit metrics for delinquencies and charge-offs won’t soon return.

    By Sept. 15, 2022
  • Several Visa cards spread out on surface revealing company's logo.
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    Justin Sullivan via Getty Images

    Visa raises concerns on new gun code

    Visa cautioned the public about perceiving a new merchant code for gun-sellers as a means to interfere with any lawful sales. And the NRA said it’s seeking to water down implementation of the new code.

    By Sept. 14, 2022
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    What comes next for payments in 2023?

    The payments industry is expected to keep blazing this year in several promising segments of the market, even as less capital flowing to startups is likely to trigger more competition and consolidation.

    By Payments Dive staff
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    Justin Sullivan/Getty Images via Getty Images

    Google invests in new cohort of Black entrepreneurs

    The tech behemoth invested another $5 million in Black entrepreneurs, including some that have founded firms in the payments arena.

    By Tatiana Walk-Morris • Sept. 9, 2022
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    Ridofranz via Getty Images

    Mesh Payments raises $60M

    The payments company hopes to gain more business-to-business payments market share as the demand for expense management services rises.

    By Tatiana Walk-Morris • Sept. 8, 2022
  • A plastic-gloved hand gives a $100 bill to another hand.
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    Mario Tama via Getty Images

    U.S. adults using mostly cash drops sharply

    Affluence and age significantly affect whether people choose to use cash for purchases, according to the latest Gallup poll on cash use in the U.S.

    By Debbie Carlson • Aug. 31, 2022
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    Courtesy of Jimmy John's

    DailyPay releases card with Visa

    The earned wage access provider introduced the new debit card after major changes in leadership earlier this year.

    By Tatiana Walk-Morris • Aug. 23, 2022
  • A man carrying orange bags with the word Grubhub on the side.
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    Courtesy of Grubhub

    Grubhub offers BofA cardholders loyalty program perk

    The delivery company is working with outside companies to expand its reach by offering limited free membership in its GrubHub+ loyalty program.

    By Julie Littman • Aug. 19, 2022
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    Rrraum via Getty Images

    Payments fundraising slows down in Q2: PitchBook

    Point-of-sale, payroll, accounts payable and accounts receivable startups are leading the way in funding for payments startups, according to PitchBook.

    By Tatiana Walk-Morris • Aug. 19, 2022
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    bernie_photo via Getty Images

    Credit card alternatives rise

    Consumers are pulling back on use of their primary credit cards in favor of other payment methods, according to a survey from J.D. Power.

    By Aug. 18, 2022
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    Spencer Platt / Staff via Getty Images

    Restaurant gift card sales dip

    Restaurant gift card sales for the first half of this year were down about 2% over the period last year, according to software provider Paytronix.

    By Aug. 17, 2022
  • Jason Gardner, Marqeta
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    Courtesy of Marqeta

    Marqeta executive exodus follows IPO

    Of 10 top executives leading the company at its IPO last year, only three remain, including CEO Jason Gardner, who said he plans to exit that role and become executive chairman.

    By Jonathan Berr , Aug. 17, 2022
  • Business owner uses tablet to manage inventory in deli
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    alvarez via Getty Images

    Circular Board, Mastercard unveil small business card

    As a slew of fintechs try to capture small business customers, Circular Board’s Hello Alice brand is targeting entrepreneurs from marginalized backgrounds.

    By Tatiana Walk-Morris • Aug. 16, 2022
  • Square POS
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    Courtesy of CashApp - Square

    Square integrates with digital signage provider Raydiant

    New digital integrations could differentiate Block-owned Square within an increasingly competitive point-of-sale and fintech category.

    By Alicia Kelso • Aug. 15, 2022
  • Woman standing behind counter and cash register serves ice cream cone.
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    Permission granted by Lynne Marek

    Toast gets growth spurt in restaurant payments

    The restaurant software management company placed its digital tools at another 6,000 locations in the second quarter, for the biggest quarterly jump in that figure. 

    By Aug. 11, 2022
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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
  • PayPal CEO Dan Schulman walking in front of trees
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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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    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
  • A person holding a shopping cart stands in front of a row of refrigerators stocked with food at a grocery store.
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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
  • 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
  • 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