Osama Bedier, the former head of Google Wallet, has started his own company to build the modern cash register. Instead of competing with Square, though, Poynt is targeting NCR and VeriFone.
Training materials obtained by 9to5Mac show product screens for Apple Pay and offer up a few clues on how the service will be setup and its relationship to banking partners.
Clinkle promised a digital wallet. Instead it delivered a piece of plastic. It’s debit card will be integrated into a new smartphone rewards networks, but it’s a far cry from the mobile payments technology it hyped.
A new funding round will help Square as it figures out where to go with its growing number of financial and commerce products.
Amazon’s Local Register has a lot in common in Square’s Reader, but Amazon is hoping to set itself apart from its rival by dropping its transaction fees to 1.75 percent for the next 16 months.
Square is buying swish meal delivery service Caviar. The San Francisco startup could be what Square was missing to make its mark with independent restaurants.
The EMV transition is only a year away in the U.S. Square’s merchants will be required to accept credit cards verified by embedded chips, and that means they’ll need a new Square Reader.
Square Register’s sales, refund and settlement data can now all be used as triggers for IFTTT recipes. A merchant can generate alerts whenever a sale occurs, or have a little more fun with smart appliances.
Square has brought invoicing to its small business commerce toolkit, letting merchants send email bills to their customers. Square isn’t charging for the service, and it makes no money if a payer sends in a check or brings in cash. But if he selects an option to pay online with credit card, Square will process the transaction and charge its usual 2.75 percent fee. In the last few months, Square has added a lot of new features to its dashboard and core Register app, from customer feedback to pre-ordering.
Businesses running Groupon promotions will be required to use an iPad-based cash register running Groupon’s Breadcrumb point-of-sale software and payment processing.
