{"id":5023,"date":"2020-11-18T20:02:59","date_gmt":"2020-11-18T20:02:59","guid":{"rendered":"https:\/\/www.paymentfacilitator.com\/?p=5023"},"modified":"2023-02-13T09:29:40","modified_gmt":"2023-02-13T16:29:40","slug":"square-offers-new-kitchen-display-system-for-restaurants-toast-launches-contactless-suite-news-roundup","status":"publish","type":"post","link":"http:\/\/infinicept.com\/payment-facilitator\/archive\/square-offers-new-kitchen-display-system-for-restaurants-toast-launches-contactless-suite-news-roundup\/","title":{"rendered":"Square Offers New Kitchen Display System for Restaurants, Toast Launches Contactless Suite: News Roundup"},"content":{"rendered":"\n<p><strong>PaymentFacilitator\u2019s News Roundup is a curated mix of the past week\u2019s news and articles from around the web, including company announcements, global payments news, and other coverage and analysis of topics relevant to payment facilitators.<\/strong><\/p>\n\n\n\n<h4 class=\"wp-block-heading\"><strong>PF Results<\/strong><\/h4>\n\n\n\n<p><strong>New York-based payment facilitator OLB Group announced its third quarter results. <\/strong>The company reported revenues of $6.9 million for the 9 months ending Sept. 30. The company also raised $6.4 million in capital during the third quarter. From OLB Group.<\/p>\n\n\n\n<p><strong>India\u2019s Infibeam Avenues said it had processed its highest-ever digital payments volume during the quarter ending Sept. 30.<\/strong> The payment facilitator also reported that its revenue was up 50% from the previous quarter. From <a href=\"https:\/\/economictimes.indiatimes.com\/tech\/tech-bytes\/infibeam-avenues-recorded-highest-ever-digital-payment-processing-in-q2\/articleshow\/79194536.cms\">The Economic Times<\/a>.<\/p>\n\n\n\n<h4 class=\"wp-block-heading\"><strong>QR Growth<\/strong><\/h4>\n\n\n\n<p><strong>CVS Pharmacy is the first national retailer to adopt PayPal QR code technology at its retail stores at the U.S.<\/strong> The point-of-sale technology works with both PayPal and Venmo to expand contactless options as the pandemic drives consumer interest in touch-free payments. CVS has seen a 43% increase in contactless transactions since January. From <a href=\"https:\/\/techcrunch.com\/2020\/11\/16\/cvs-becomes-first-national-retailer-to-offer-support-for-paypal-and-venmo-qr-codes-at-checkout\/\">TechCrunch<\/a>.&nbsp;<\/p>\n\n\n\n<h4 class=\"wp-block-heading\"><strong>Digital Download<\/strong><\/h4>\n\n\n\n<p><strong>Indian PF Paytm likes its chances against the global tech companies vying for a piece of the country\u2019s payment market pie.<\/strong> According to the company\u2019s president Madhur Deora, the company is \u201cquite fortunate\u201d to be able to compete effectively in the market, with a \u201cbuilt for India\u201d strategy. He cites the company\u2019s 50% share of the country\u2019s payments and its position as a super app that offers a wide variety of services to consumers as evidence that it has what it will take to come out ahead. From <a href=\"https:\/\/www.cnbc.com\/video\/2020\/11\/16\/india-paytm-super-comfortable-despite-competition-in-fintech-payment.html\">CNBC<\/a>. &nbsp;<\/p>\n\n\n\n<h4 class=\"wp-block-heading\"><strong>Industry News \/ Press Releases<\/strong><\/h4>\n\n\n\n<p>Square: <a href=\"https:\/\/squareup.com\/us\/en\/press\/square-kds\">Square Unveils Square KDS, a Kitchen Display System for Square for Restaurants Subscribers<\/a><\/p>\n\n\n\n<p>Shopify: <a href=\"https:\/\/news.shopify.com\/a-world-of-opportunity-shopify-launches-partnership-with-alipay-to-help-merchants-access-new-global-consumers\">A World of Opportunity: Shopify Launches Partnership with Alipay to Help Merchants Access New Global Consumers<\/a><\/p>\n\n\n\n<p>Toast: Introducing Toast Go\u00ae 2 and Toast Order &amp; Pay\u00ae: Contactless Suite Empowers Restaurateurs to Keep Guests Safe and Grow Average Check Size to Navigate This Winter<\/p>\n\n\n\n<p>Mastercard: <a href=\"https:\/\/mastercardcontentexchange.com\/newsroom\/2020\/november\/mastercard-advances-multi-rail-strategy-to-modernize-business-payments\/\">Mastercard Advances Multi-Rail Strategy to Modernize Business Payments<\/a><\/p>\n\n\n\n<p>Mastercard: <a href=\"https:\/\/newsroom.mastercard.com\/eu\/press-releases\/mastercard-enables-google-pay-rollout-across-europe\/\">Mastercard Enables Google Pay Rollout Across Europe<\/a><\/p>\n\n\n\n<p>Payments Canada: Surge in Electronic Payments \u2013 Representing Around 77 Per Cent of All Transactions, Reports Payments Canada<\/p>\n\n\n\n<p>Boost Payment Solutions: <a href=\"https:\/\/www.boostb2b.com\/boost-payment-solutions-and-ghx-team-up-to-drive-cost-savings-to-healthcare-organizations\/\">Boost Payment Solutions and GHX Team Up to Drive Cost Savings to Healthcare Organizations<\/a><\/p>\n\n\n\n<p>Amadeus: <a href=\"https:\/\/amadeus.com\/en\/insights\/press-release\/new-consumer-research-reveals-technology-can-boost-traveler-confidence\">New Consumer Research Reveals How Technology Can Boost Traveler Confidence and Accelerate Demand<\/a><\/p>\n\n\n\n<p>Flywire: <a href=\"https:\/\/www.globenewswire.com\/news-release\/2020\/11\/12\/2125216\/0\/en\/Flywire-Releases-Playbook-to-Help-Travel-Companies-Accelerate-Growth-in-2021.html\">Flywire Releases Playbook to Help Travel Companies Accelerate Growth in 2021<\/a><\/p>\n\n\n\n<p>Juniper Research: <a href=\"https:\/\/www.juniperresearch.com\/press\/press-releases\/online-physical-goods-global-transaction-values\">Online Physical Goods Global Transaction Values to Grow to $4.4 Trillion by 2025; Accelerated by COVID\u201119<\/a><\/p>\n\n\n\n<p>Shopify: <a href=\"https:\/\/news.shopify.com\/digital-down-under-shopify-helps-small-businesses-in-victoria-through-new-government-program\">Digital Down Under: Shopify Helps Small Businesses in Victoria Through New Government Program<\/a><\/p>\n\n\n\n<p>USA Technologies, Inc.: Empire Vending Leverages USA Technologies\u2019 Platform as a Service to Improve Efficiencies and Cashless Payments Adoption<\/p>\n\n\n\n<p>Paysafe: <a href=\"https:\/\/www.paysafe.com\/en\/paysafegroup\/news\/detail\/payment-security-remains-primary-concern-for-online-retail\/\">Payment Security Remains Primary Concern for Online Retail<\/a><\/p>\n\n\n\n<p>Visa: <a href=\"https:\/\/www.visa.co.uk\/about-visa\/newsroom\/press-releases.3050041.html\">Visa Fintech Partner Connect Launches in Europe to Enable Next Generation of Digital Payment Experiences<\/a><\/p>\n\n\n\n<p>RunSignup: <a href=\"https:\/\/www.endurancesportswire.com\/organizations-raise-more-than-30-million-on-runsignup-givesignups-challenge-platform\/\">Organizations Raise More than $30 Million on RunSignup | GiveSignup\u2019s Challenge Platform<\/a><\/p>\n\n\n\n<p>RunSignup: <a href=\"https:\/\/www.endurancesportswire.com\/runsignups-raceday-scoring-releases-intelligent-dashboard\/\">RunSignup\u2019s RaceDay Scoring Releases Intelligent Dashboard<\/a><\/p>\n\n\n\n<p>Blackbaud: Blackbaud to Announce Long-Term Financial Goals and Strategic Outlook<\/p>\n\n\n\n<p>Blackbaud: Blackbaud Social Good Startup Program Supports Emerging Companies to Drive Innovation<\/p>\n\n\n\n<p>Checkout.com: <a href=\"https:\/\/www.checkout.com\/newsroom\/news\/connected-payments-seizing-opportunity-in-mena-and-pakistan-report-launch\">Connected Payments: Seizing Opportunity in MENA and Pakistan Report Launch<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>PaymentFacilitator\u2019s News Roundup is a curated mix of the past week\u2019s news and articles from around the web, including company announcements, global payments news, and other coverage and analysis of topics relevant to payment facilitators.<\/p>\n","protected":false},"author":7,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"content-type":"","_FSMCFIC_featured_image_caption":"","_FSMCFIC_featured_image_nocaption":"","_FSMCFIC_featured_image_hide":"","footnotes":""},"categories":[1015],"tags":[],"class_list":["post-5023","post","type-post","status-publish","format-standard","hentry","category-archive"],"acf":[],"_links":{"self":[{"href":"http:\/\/infinicept.com\/payment-facilitator\/wp-json\/wp\/v2\/posts\/5023","targetHints":{"allow":["GET"]}}],"collection":[{"href":"http:\/\/infinicept.com\/payment-facilitator\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/infinicept.com\/payment-facilitator\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"http:\/\/infinicept.com\/payment-facilitator\/wp-json\/wp\/v2\/users\/7"}],"replies":[{"embeddable":true,"href":"http:\/\/infinicept.com\/payment-facilitator\/wp-json\/wp\/v2\/comments?post=5023"}],"version-history":[{"count":7,"href":"http:\/\/infinicept.com\/payment-facilitator\/wp-json\/wp\/v2\/posts\/5023\/revisions"}],"predecessor-version":[{"id":9146,"href":"http:\/\/infinicept.com\/payment-facilitator\/wp-json\/wp\/v2\/posts\/5023\/revisions\/9146"}],"wp:attachment":[{"href":"http:\/\/infinicept.com\/payment-facilitator\/wp-json\/wp\/v2\/media?parent=5023"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/infinicept.com\/payment-facilitator\/wp-json\/wp\/v2\/categories?post=5023"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/infinicept.com\/payment-facilitator\/wp-json\/wp\/v2\/tags?post=5023"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}