PaySimple Service Commerce sPOS Targets SMEs

Denver-based PaySimple has reinvented point-of-sale software for service businesses with their new release of Service Point of Sale (sPOS) platform. Small- and medium-sized service business owners are looking for ways to simplify management tools and have a more comprehensive view of their businesses. PaySimple’s new sPOS is a virtual terminal that provides customers the simplicity…

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LG Pay Adopts Wireless Magnetic Communication Solution

Dynamics’ proprietary Wireless Magnetic Communication (WMC) technology is being intergrated into the mobile payment strategy of LG Electronics. The game-changing technology revolutionizes mobile payments by allowing LG mobile phones to wirelessly communicate traditional magnetic stripe information directly to traditional magnetic stripe readers. An early version of the company’s WMC technology will be featured on the…

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PrestoPrime EMV Terminal Captures U.S. Pay-at-Table Market

CA-based E la Carte has unveiled the PrestoPrime EMV Terminal, offering a solid pay-at-table experience available, with the highest levels of security available along with future-proof capability and unparalleled guest and server ease-of-use. The new PrestoPrime EMV Terminal is the successor to E la Carte’s current Presto System, which is operational every day in more…

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Cannabis is the Fastest Growing Payments Segment in the U.S.

Eight states and the District of Columbia now allow the recreational use of marijuana, while another 28 states permit its use for medicinal purposes. In what has been touted as the fastest-growing industry in the U.S., investment opportunities in the cannabis space appear boundless. Companies are all employing a “no-touch” approach to their cannabis business…

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Chase Names New President of Co-Brand Credit Cards

Chase has ankled Leslie Gillin to succeed Richard Quigley, who retired in late 2016. Gillin will manage Chase partnerships with some of the world’s most prominent brands as President of Chase Co-Brand Credit Cards. Gillin has more than 25 years of experience in the global credit card business and has held senior marketing, product and…

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Clearent PAI Acquisition Adds 17K Customers, a Telesales Team, and Strategic Partners

Clearent has completed its acquisition of Payment Alliance International’s (PAI) Merchant Services Division. The acquisition adds support and operations resources, a complementary telesales channel, strategic association partnerships, and increases Clearent’s processing volume by 40%. PAI’s Merchant Services Division is a provider of payment processing solutions for businesses, Independent Sales Organizations (ISOs), agents and associations, and…

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i2c Lands First Data Executive as EVP of Client Services

CA-based i2c, a provider of smarter payments and integrated commerce solutions, has ankled Peg Johnson as executive vice president of Global Client Success to oversee global operations of its client services and customer success organizations. Ms. Johnson has over 20 years of experience running global service delivery teams in the payments industry, working with the…

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New Pay-at-Table Terminal Set to Revolutionize the U.S. Restaurant Market

The PrestoPrime EMV Terminal by E la Carte has hit the U.S.market. The new terminal a pay-at-table experience available on the market, with high levels of security available along with future-proof capability and guest and server ease-of-use. The new PrestoPrime EMV Terminal is the successor to E la Carte’s current Presto System, which is operational…

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Global Payments Gateway Market to Rise Double-Digits for Next 5 Years

The global payment gateways market is expected to grow at a CAGR of close to 17% between 2017 and 2021. Technavio says the market is further categorized into the following segments based on end-users, which include large enterprises, micro and small enterprises, and mid-sized enterprises. The large enterprises segment dominated the market with more than…

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