Restaurants: Page 6
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Fiserv adds data service for large merchants
The payments processor’s new Carat point-of-sale offering aims to help big businesses optimize transaction data.
By Caitlin Mullen • Oct. 4, 2022 -
Durbin maps path for card bill
Sen. Dick Durbin and his Republican ally, Sen. Roger Marshall, seek to attach their credit card competition legislation to a defense spending bill.
By Lynne Marek • Oct. 3, 2022 -
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 -
Grocery, restaurant spending climbs: Mastercard
“Consumers are shifting their spending in the face of higher prices and a reinvigorated appreciation for experiences,” Mastercard said in a new report.
By Tatiana Walk-Morris • Oct. 3, 2022 -
Fintechs gain ground in merchant acquiring
New businesses are far more likely to opt for integrated software vendors over legacy providers, McKinsey discovered.
By Caitlin Mullen • Oct. 3, 2022 -
Visa, Uber issue $1M in grants to small business owners
The Local Initiatives Support Corporation has selected 100 active Uber Eats partners, who are primarily business owners of color, to receive $10,000 grants.
By Julie Littman • Sept. 30, 2022 -
DoorDash teams with Chase, Mastercard on credit card
Co-branded cards have been proven to increase customer frequency, which could also deepen loyalty.
By Julie Littman • Sept. 27, 2022 -
Uber Eats integrates with Toast, Clover
The integrations will allow Uber Eats’ restaurant partners to onboard with both their POS provider and the delivery company much faster.
By Julie Littman • Sept. 27, 2022 -
PNC buys restaurant point-of-sale firm Linga
The Pittsburgh-based bank is boosting its payments footprint as banks from Banc of California to JPMorgan Chase are making similar large investments.
By Anna Hrushka • Sept. 27, 2022 -
Opinion
QR code resurges for payments
“Businesses that have consigned QR technology to the tech graveyard would be wise to give it another look,” writes Mike Storiale, Synchrony’s VP of innovation development.
By Mike Storiale • Sept. 22, 2022 -
Profits slip for small businesses: survey
Three in 4 small business leaders are feeling squeezed by inflationary pressures, American Express discovered, and more than half expect don’t expect inflation to subside until summer 2023.
By Tatiana Walk-Morris • Sept. 21, 2022 -
House lawmakers add credit card competition bill
Members of Congress on Monday introduced the House companion to a Senate bill seeking to rein in the Visa-Mastercard credit network “duopoly.”
By Caitlin Mullen • Sept. 20, 2022 -
Square adds services in Spanish
The Block-owned merchant platform debuted its Spanish-language tools in an effort to serve a bigger share of Hispanic-owned businesses in the U.S.
By Tatiana Walk-Morris • Sept. 19, 2022 -
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 Caitlin Mullen • Sept. 15, 2022 -
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 Lynne Marek • Sept. 14, 2022 -
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 -
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 -
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 -
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 -
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 -
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 -
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 Caitlin Mullen • Aug. 18, 2022 -
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 Caitlin Mullen • Aug. 17, 2022 -
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 , Lynne Marek • Aug. 17, 2022 -
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 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