Restaurants: Page 3

  • The exhibit floor at the Nacha Smarter Faster Payments conference in Miami this year.
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    Lynne Marek/Payments Dive
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    Payments conferences yet to come in 2024

    Payments professionals still have plenty of choices when contemplating conferences to attend in the second half of the year. Here are our staff picks.

    By • Updated July 3, 2024
  • Rohit Chopra, Director of the Consumer Financial Protection Bureau, giving a speech in an auditorium.
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    Anna Moneymaker via Getty Images
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    CFPB’s Chopra warns of ‘financial censorship’ in payments

    The federal agency is considering regulatory action to better protect U.S. consumers from “excessive surveillance,” Director Rohit Chopra said last week during a Brookings Institution event.

    By • Oct. 9, 2023
  • Hand of person tapping phone with dollar signs floating up Explore the Trendline➔
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    1401461124 via Getty Images
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    Trendline

    Top 5 stories from Payments Dive

    The digital evolution of payments is roiling the industry, forcing companies to rethink pricing schemes and revamp corporate strategies. Embedded payments, earned wage access, real-time systems and other innovations will transform the business.

    By Payments Dive staff
  • Block's logo is shown with a black background
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    Leon Neal / Staff via Getty Images
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    Block cuts employees

    Jack Dorsey-led Block is the latest payments company to make staff cuts and pull back on hiring as it pursues profitable growth.

    By Caitlin Mullen • Oct. 6, 2023
  • Fans walk outside Yankee Stadium
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    Spencer Platt / Staff via Getty Images
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    Shift4 acquires SpotOn unit for $100M

    With the purchase of SpotOn’s sports and entertainment business unit, Shift4 scoops up its rival’s customers in that market.

    By Caitlin Mullen • Oct. 3, 2023
  • Jack Dorsey, Block CEO
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    Joe Raedle / Staff via Getty Images
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    Jack Dorsey faces full Square agenda

    The billionaire co-founder is likely to focus on large clients, sales strategy and IT issues after he takes over the Block merchant unit next week, analysts predicted.

    By Caitlin Mullen • Sept. 28, 2023
  • Square's new website themes for its merchant clients
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    Retrieved from Business Wire on September 27, 2023
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    Square adds merchant tools

    Block’s merchant business, facing stiffer competition in the point-of-sale space, has added about a dozen new features for its sellers.

    By Caitlin Mullen • Sept. 27, 2023
  • Screenshots of Uber Eats' AI assistant tool
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    Courtesy of Uber
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    Uber to add more payments tools to its app

    The planned updates to Uber Eats include the addition of SNAP and healthcare benefits payments starting next year.

    By Catherine Douglas Moran • Sept. 21, 2023
  • Cleveland Browns Stadium on game day
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    Permission granted by The Harris Agency
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    Stadium payments competition heats up

    Fiserv, Shift4 and rival payments players are vying aggressively for a bigger share of the market catering to pro teams, stadiums and other venues.

    By Caitlin Mullen • Sept. 20, 2023
  • An employee uses Square point of sale hardware
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    Courtesy of Square
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    Square CEO to depart

    Alyssa Henry, CEO of Block’s merchant business Square, will leave the company Oct. 2, handing over the post to co-founder Jack Dorsey.

    By Caitlin Mullen • Sept. 18, 2023
  • Dollar disintegrates into cyberspace.
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    Jason Reed via Getty Images
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    Digital dollar bill resurfaces in Congress

    The proposed digital dollar would create an electronic version of the U.S. currency, but it wouldn’t be the same as a central bank digital currency.

    By • Sept. 18, 2023
  • People walk around in front of a truck offering free donuts.
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    Permission granted by Steve Smith
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    Battle over credit card bill escalates

    The fight over the Credit Card Competition Act is intensifying on Capitol Hill, with Senate floor diatribes and doughnut truck freebies. 

    By • Sept. 15, 2023
  • A person uses Square point of sale hardware
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    Courtesy of Square
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    Square apologizes for last week’s outage

    Block’s mea culpa for outages last week at its merchant unit, as well as its peer-to-peer business Cash App, acknowledged “this situation was made more difficult by our communication.”

    By Caitlin Mullen • Sept. 14, 2023
  • An employee uses Square point of sale hardware
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    Courtesy of Square
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    Block CFO details Square’s revamped sales approach

    Square’s refocused sales team is a “key investment area for us in the future,” Block executive Amrita Ahuja said Wednesday.

    By Caitlin Mullen • Sept. 7, 2023
  • Toast Inc. point of sale device
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    Courtesy of Toast Inc.
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    Toast CEO resigns

    Chris Comparato, who has been CEO since 2015, told the restaurant payments company’s board on Friday that he’ll exit his leadership posts on Jan. 1.

    By Caitlin Mullen • Sept. 5, 2023
  • One person holds out a hardware device and the other person taps a watch to the device, with fitness center weights in the background.
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    Permission granted by Joe Rauch
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    Elavon, Ingenico team on new payments tool

    U.S. Bank’s payments software unit is locking arms with the French hardware-maker to take on a raft of competitors targeting small businesses.

    By • Aug. 30, 2023
  • Woman standing behind counter and cash register serves ice cream cone.
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    Permission granted by Lynne Marek
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    Toast CEO: Lessons learned from fee flub

    “We learned a lot from this,” Toast CEO Chris Comparato said. “And there’s more questions we’re going to ask ourselves internally when we execute these types of pricing changes or structural changes moving forward.”

    By Caitlin Mullen • Aug. 10, 2023
  • Jared Isaacman standing in a corporate office.
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    Courtesy of Shift4
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    Shift4 shrinks workforce

    The payments company cut 150 employees in the second quarter, executives said Thursday during an earnings conference call.

    By Caitlin Mullen • Aug. 3, 2023
  • A photograph of Ming-Tai Huh.
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    Permission granted by Square
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    Square’s new GM for restaurants targets bigger operators

    Ming-Tai Huh shares how his position as a restaurant operator and a tech executive has given him a singular view of the restaurant industry’s challenges.

    By Aneurin Canham-Clyne • July 21, 2023
  • Toast Inc. point of sale device
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    Courtesy of Toast Inc.
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    Toast axes 99-cent fee

    The restaurant payments company said Wednesday it would remove the customer-paid order processing fee by the end of this week.

    By Caitlin Mullen • July 19, 2023
  • Woman standing behind counter and cash register serves ice cream cone.
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    Permission granted by Lynne Marek
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    Will Toast get burned by 99-cent fee?

    The restaurant payments software company’s rivals needled Toast over the addition of a fee to be paid by consumers.

    By Caitlin Mullen • July 12, 2023
  • A person uses a red Bank of America ATM.
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    David McNew via Getty Images
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    Bank of America fined $250M over fake accounts, junk fees

    Regulators say Bank of America opened credit card accounts without customers’ consent and misled consumers about rewards for card applications.

    By Anna Hrushka • July 11, 2023
  • Notice on counter next to cashier tells customers about credit card surcharge
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    Lynne Marek/Payments Dive
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    New Jersey legislature passes credit card surcharge bill

    Lawmakers passed a bill that limits the surcharge a merchant can impose on consumers to the cost of processing a credit card transaction.

    By • July 11, 2023
  • The Starbucks company logo on a glass door.
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    Justin Sullivan/Getty Images via Getty Images
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    Starbucks reverts to cash amid tech glitch

    The coffee retailer was only able to accept cash and Starbucks App payments on Monday during a company-wide technology snafu.

    By • June 27, 2023
  • Toast Inc. point of sale device
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    Courtesy of Toast Inc.
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    Toast adds 99-cent customer online ordering fee

    The fee, paid by guests making orders of $10 or higher, will help fund Toast’s product investments and innovation, the company said. 

    By Julie Littman • June 26, 2023
  • Toast Inc. point of sale device
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    Courtesy of Toast Inc.
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    Toast teams with FreedomPay

    Restaurant point-of-sale company Toast has partnered with commerce fintech FreedomPay to pursue larger customers, such as Starbucks and Shake Shack.

    By Caitlin Mullen • June 12, 2023