Tag: ISV

KLARNA sold a private gateway resale business to the local merchant Consortium for $ 520 billion. KLARNA CHECKOUT (KCO) claims to share 40 % in the Swedish housing market and 20 % in Scandinavia as a whole.

It is clear why KLARNA will introduce it. KCO is competing with major distribution partners such as Stripe and Adyen, and quite rich sales profits will enhance KLARNA's balance sheet and will be useful for the growth of credit businesses.

However, it is not clear how a new KCO owner can collect its own investment. In recent years, individual gateways have been hit greatly with large price pressure, and most of them are ultimately integrated into major buyers.

In the ban k-related news, BNP Pariba and BPCE, which handle about 30 % of card payments in France, will invest a 100 million euros and establish a joint venture against the World Line and Nexus. The development is "domestic", and it is likely that PARTECIS, a personal platform based on ACI products, will continue. Although there is a good possibility of synergies in France, JV must fight the hope of international business expansion as seen in Pagonxt, the settlement section of Santa Dale, which has recently stopped business in Germany. Probably.

As expected in the Business of Payment last month, Sabadel has canceled NEXI resale. Sabadel is actively acquiring the same Spanish bank, BBVA. BBVA does not provide malicious personal payment services, and the need for NEXI products is low.

British research company IDC has announced a vendor evaluation of online and omn i-channel retail payments. The complete report costs $ 20. 000, but the company that won the first place provided their segments free of charge. Stripe won the first place in online payment, but the cost was also noticeable. Adyen has won the first place in Omn i-Channel, but the buyer has been warned that the al l-i n-one solution may lack flexibility. < SPAN> KLARNA has sold a private gateway resale business to a local member store Consortium for $ 520 billion. KLARNA CHECKOUT (KCO) claims to share 40 % in the Swedish housing market and 20 % in Scandinavia as a whole.

It is clear why KLARNA will introduce it. KCO is competing with major distribution partners such as Stripe and Adyen, and quite rich sales profits will enhance KLARNA's balance sheet and will be useful for the growth of credit businesses.

However, it is not clear how a new KCO owner can collect its own investment. In recent years, individual gateways have been hit greatly with large price pressure, and most of them are ultimately integrated into major buyers.

In the ban k-related news, BNP Pariba and BPCE, which handle about 30 % of card payments in France, will invest a 100 million euros and establish a joint venture against the World Line and Nexus. The development is "domestic", and it is likely that PARTECIS, a personal platform based on ACI products, will continue. Although there is a good possibility of synergies in France, JV must fight the hope of international business expansion as seen in Pagonxt, the settlement section of Santa Dale, which has recently stopped business in Germany. Probably.

As expected in the Business of Payment last month, Sabadel has canceled NEXI resale. Sabadel is actively acquiring the same Spanish bank, BBVA. BBVA does not provide malicious personal payment services, and the need for NEXI products is low.

British research company IDC has announced a vendor evaluation of online and omn i-channel retail payments. The complete report costs $ 20. 000, but the company that won the first place provided their segments free of charge. Stripe won the first place in online payment, but the cost was also noticeable. Adyen has won the first place in Omn i-Channel, but the buyer has been warned that the al l-i n-one solution may lack flexibility. KLARNA sold a private gateway resale business to the local merchant Consortium for $ 520 billion. KLARNA CHECKOUT (KCO) claims to share 40 % in the Swedish housing market and 20 % in Scandinavia as a whole.

It is clear why KLARNA will introduce it. KCO is competing with major distribution partners such as Stripe and Adyen, and quite rich sales profits will enhance KLARNA's balance sheet and will be useful for the growth of credit businesses.

However, it is not clear how a new KCO owner can collect its own investment. In recent years, individual gateway has been hit greatly with large price pressure, and most of them are ultimately integrated into major buyers.

In the ban k-related news, BNP Pariba and BPCE, which handle about 30 % of card payments in France, will invest a 100 million euros and establish a joint venture against the World Line and Nexus. The development is "domestic", and it is likely that PARTECIS, a personal platform based on ACI products, will continue. Although there is a good possibility of synergies in France, JV must fight the hope of international business expansion as seen in Pagonxt, the settlement section of Santa Dale, which has recently stopped business in Germany. Probably.

As expected in the Business of Payment last month, Sabadel has canceled NEXI resale. Sabadel is actively acquiring the same Spanish bank, BBVA. BBVA does not provide malicious personal payment services, and the need for NEXI products is low.

British research company IDC has announced a vendor evaluation of online and omn i-channel retail payments. The complete report costs $ 20. 000, but the company that won the first place provided their segments free of charge. Stripe won the first place in online payment, but the cost was also noticeable. Adyen has won the first place in Omni Channel, but has been warned that the al l-i n-one solution may lack flexibility.

Although Stripe does not participate in IDC's omnichannel assessment, it has quickly emerged as a reasonably reliable option for cross-channel merchants in Europe. Stripe has launched a series of new business offerings in France, including the S700 POS terminal, Carte Bancaire, and integration with CEGID, a major ISV for convenience stores. Stripe's customers are CAC40 companies, and Accor, a hotel group with more than 5, 600 hotels worldwide, announced that it has adopted Stripe for its new centralized reservation system. For those who are sticking with Stripe, we recommend this article that introduces the company's business in detail.

The legal battle between VivaWallet and JP Morgan ended in a UK court, with both sides claiming victory. In 2022, JPM paid a huge amount of $800 million to acquire a 48. 5% stake in Viva, giving it the tools to acquire small and medium-sized buyers, mainly in the European market. Viva founder Haris Kalonis alleged that JPM deliberately prevented the company from setting up in the US so that large South American banks could buy the remaining shares of Viva on the cheap. JPM claimed that Kalonis did not realize how much the fintech's price had crashed.

After the pandemic, the financial results of publicly traded payment companies have entered a period of cautious, but not impressive, growth. FXC looked into the first quarter numbers.

Let us know what you think.

It took four years and 14 of the 31 seed banks to withdraw from the consortium, but the European Payments Initiative (EPI) has finally launched wero, the European domestic payments champion. wero, a combination of "we" and "euro", is predefined for currency transfers between individuals and will initially be available to purchasers from cooperative and savings banks in Germany and KBC in Belgium. French banks are also expected to launch the service in the fall.

From early 2025, Wero-supported customers will be able to make e-commerce payments, and German PSP Computop is already inviting sellers to sign up for a pilot program. In-store payments will be possible by 2026.

Payment experts agree that to make an impression, wero EPI needs to focus relentlessly on user experiments and get member banks to back the project. And "I need a wero" is the only song that fits that description, as you can hear in this little marketing video.

View this post on Instagram

Paydirekt and Sofort Delayed

Despite being at least six more months away from being ready for e-commerce, wero's launch led to the sudden and early closure of Paydirekt/Giropay, an in-house rival to PayPal launched by German banks in 2016.

Insider tells me that the service stop was absolutely impossible. GIROPAY switched the expired integrated interface at the end of June, but almost all the acquisition companies have not yet shifted to a new version.

During the period, KLARNA announced the closure of Sofort, a German banking online translation service acquired in 2013 for $ 150 million. Merchants are now transferred to pay sincere bank products, KLARNA. He is very good for the customer, but he links at least for many Sofort sellers who work in the fields of gambling and adult products. These buyers will find candidates.

• scam
• Bancomat, an Italian internal withdrawal system, is ultimately selected. The FIS Milan Investment Fund invested 100 million euros, reduced the board to accelerate the conclusions, and the new general manager was appointed Master Card. NEXI has managed Bancomat's technology and has already launched this card scheme as an Apple Pay and Amazon payment function.
• We are focusing on fusion of software and payments. The main consulting department in the final report has indicated that almost all ISVs in South America have relyed on payments and other cash provisions.
• In fact, it is strange that the market price of the promotional payment microcesses, which provides software, is significantly lower than the software vendor, which provides payment processing. Evgeny Kazaninsh has evaluated the question of why TOAST (ISV that provides payment) is highly valued than SHIFT4 (software provided processor), but much less toast welding. The conclusion lies in the fact that ISV is controlled by another control that provides cyclical interests under the contract.

European ISVs even know that there is every opportunity to weld in processing. The possibility is less than in North America, because European payment margins are much lower. That is at least because smart transaction software vendors do not yet have the ability to double their profits by introducing payments into their main transaction proposition.

As almost every corporate acquisition or PSP has changed its primary channel to ISVs, many young companies have started offering key components of their tech stack as propositions. Here are a few of them that have confided their concerns to me.

{space}

Brussels-based Chuft is inviting PSPs to bring its main programs for accounting, electrical trading and EPO through a single API. The company has only raised €2. 3 million in interest.

{space}

Shape Technologies is seeking payments platform services for intermediaries, including onboarding, KYC and billing. Shape is based on Cardstream graduates and could help put Somerset Towne on the fintech map.

{Space}

Fun from Amsterdam invites a similar range of products, but is also considered a payment organization and has the ability to foster foreign exchange flows.

{Space}

• New acquisition
• Rewe is considered a leading candidate to introduce the "Just Go Out" format in Europe. The German hypermarket giant opened a 1200 square meter standalone store in Hamburg. The standalone store opened in Hamburg uses Trigo technology, which has the ability to identify new beef and cheese from the number of liters. REWE also opened a standalone store in Bucharest.
• Biometric payments
• In Europe, Mastercard is backing the Polish company Payeye, which will test its eye and facial iris authentication product at five points in Empik, a large book, toy and games shop.
• Many start-ups are trying to make it easier for merchants and consumers to switch to digital checks. Habits are hard to change. French law says that paper receipts should only be issued at the buyer's request, but according to the Auchan-product network, 60% of buyers still ask for paper.

{space}

In the UK, Slipp, one of JD Sports' first customers, raised £750, 000. Slipp integrates with EPOS software and sends text messages and emails to buyers. JD Sports claims that using SMS Slipp to promote loyalty will increase subscriber numbers.

{space}

AnyBill, from Regensberg, Germany, asks buyers to scan a QR code presented to the EPOS system. Prices range from 4. 49 to 35. 99 euros per store per month.

{space}

Yokuda, a French startup acquired by Global Blue, claims to have received more than 2 million e-cheques from more than 2 million customers. Its customers include Halfords and Decathlon.

{space}

Helsinki-based Reception Hero has secured additional funding on top of the $5. 7 million already invested. Its partners include PayOne.

{space}

Singapore's Pi-Xcels offers an elegantly simple product that automatically generates e-receipts when a buyer touches their phone to a payment terminal. The product is integrated with the terminal rather than the EPOS software and is available on the Ingenico and Pax platforms.

The question remains whether digital receipts will become a separate product category or if sellers prefer to acquire this functionality as a feature of their existing POS or CRM software.

Artificial Intelligence

As Benedict Evans explains, artificial intelligence is moving up and down the wedge curve faster than any other technology. McDonald's has already reached a point of disappointment and ended a pilot project with IBM because the robot made too many mistakes, for example adding bacon to ice cream.

Worldline adheres to a more balanced approach and details how it manages its AI initiatives: 1, 500 words on big-company management, "gatekeeping," and fees. We wish them the best of luck.

SoftPost

With this development, no n-contact card payments were also possible for consumer equipment for read y-made products, and it was initially considered to be a service for micr o-member stores, but it was found that large companies were actually very popular.

LVMH is said to be an innovation champion. LVMH's Christian Dior brand sales staff are free from searching for nearby settlement terminals, and is serving customers all over the store with their own iPhone. Dior has added a second VAT refund in partnership with Adyen, Global Blue, and Technical Consultant Company Vo2 Group, headquartered in Paris.

Rubean, based in Munich, is interested in 2 million euros to support the intensive business. According to monitoring, a new sales contract this year will increase sales from € 1 million to 2. 5 million euros in 2023.

As a result of a microcessor headquartered in Atlanta, the acquisition of Yazara may result in a ti e-up between Rubean and Global Payments. Global and Yazara's cohesion is likely to be still bad news for My Pinpad. Local information providers hope that Global will take the opportunity to take the E Service, the main buyer of Polish acquired last year, as a supplier.

The best news for MyPinPad: Norwegian jewelry chain UR & amp; Pennnnnnnnnnnnnnnnnnnnwinalain using the SoftPos app as an i n-store payment option on an employee's Android mobile phone. The integrator is 2izii and the buyer is Elavon.

PHOS, acquired by Ingenico in 2023, has announced a larg e-scale partner with South American microcessor SHIFT4, a Micro processor in South America, which is wel l-developed in Europe. PHOS is also a BORICA technical partner that supplies SoftPos 3 to Bulgaria's largest bank. Borica claims that 1. 500 "terminals" are currently running in Bulgaria.

In Italy, Ultroneo has introduced a MarketPay Paywish Softpos application for Get Your Cash vendors. Although the scale is rapidly expanding (see below), not all are progressing smoothly. One of Ultroneo's director explained in Linkedin: "For about 12 months, we have been struggling with issues associated with the introduction of new technologies. However, we can manage to stabilize the work of Soft Pos, and we are pleased with our customers.

Open banking

The Labor Party in the UK has been launched and actively speaking about FinTech. Let's quote the manifest. "Financial services are one of the biggest stories of the UK's success. The Labor Party supports new technologies such as open banking and open finance, states the conditions that support the innovation and growth of this sector, and for innovation. Provides a normative framework.

New approaches to regulations are open banking, "rules"-rules that provide unified standards for licensing code and refund, and recognition that none of them will be provided for free. , You can give many things.

The positive point is that the number of payments using the open banking in the UK increased by 50 % yea r-o n-year, reaching 17 million by May 2024. Variable repeat pay (VRP), which is equivalent to direct debit in the open banking system, is now 11 % of the total.

This growth is reliable, but the amount is very small compared to 2 billion debit card trading in the UK.

The delay in the introduction of open banking services has influenced many suppliers working in this field. There are 20 companies in the UK public procurement system alone. If you don't get a profit in the near future, only the most capitalized vendors can continue trading until the product is huge.

True layer hopes to collect a total of $ 271 million from investors and become one of the survivors. True layer CEO responded to an interview and explained that it would be a lon g-term battle. We are working on infrastructure. In other words, before we begin to make money, we will spend a lot of time and years for construction and wasted.

cash

Germany is often called the last fort of the cash economy, but the use of banknotes has decreased further, according to Bundesbank's latest payment system survey. The ratio of cash in transactions decreased by 7 % in 2023, and the ratio of cash to the amount of cash to 26 % was 26 %.

Old habits do not disappear easily. The Bayern Bar owner reported to the police after a Card of Latvia paid 16 beer costs separately with a card. < SPAN> The British Labor Party has begun to make a positive statement about FinTech. Let's quote the manifest. "Financial services are one of the biggest stories of the UK's success. The Labor Party supports new technologies such as open banking and open finance, states the conditions that support the innovation and growth of this sector, and for innovation. Provides a normative framework.

New approaches to regulations are open banking, "rules"-rules that provide unified standards for licensing code and refund, and recognition that none of them will be provided for free. , You can give many things.

The positive point is that the number of payments using the open banking in the UK increased by 50 % yea r-o n-year, reaching 17 million by May 2024. Variable repeat pay (VRP), which is equivalent to direct debit in the open banking system, is now 11 % of the total.

This growth is reliable, but the amount is very small compared to 2 billion debit card trading in the UK.

The delay in the introduction of open banking services has influenced many suppliers working in this field. There are 20 companies in the UK public procurement system alone. If you don't get a profit in the near future, only the most capitalized vendors can continue trading until the product is huge.

True layer hopes to collect a total of $ 271 million from investors and become one of the survivors. True layer CEO responded to an interview and explained that it would be a lon g-term battle. We are working on infrastructure. In other words, before we begin to make money, we will spend a lot of time and years for construction and wasted.

cash

Germany is often called the last fort of the cash economy, but the use of banknotes has decreased further, according to Bundesbank's latest payment system survey. The ratio of cash in transactions decreased by 7 % in 2023, and the ratio of cash to the amount of cash to 26 % was 26 %.

Old habits do not disappear easily. The Bayern Bar owner reported to the police after the Latvia customer paid 16 beer costs separately with a card. The Labor Party in the UK has been launched and actively speaking about FinTech. Let's quote the manifest. "Financial services are one of the biggest stories of the UK's success. The Labor Party supports new technologies such as open banking and open finance, states the conditions that support the innovation and growth of this sector, and for innovation. Provides a normative framework.

New approaches to regulations are open banking, "rules"-rules that provide unified standards for licensing code and refund, and recognition that none of them will be provided for free. , You can give many things.

The positive point is that the number of payments using the open banking in the UK increased by 50 % yea r-o n-year, reaching 17 million by May 2024. Variable repeat pay (VRP), which is equivalent to direct debit in the open banking system, is now 11 % of the total.

November 2023 Business of Payments newsletter

This growth is reliable, but the amount is very small compared to 2 billion debit card trading in the UK.

The delay in the introduction of open banking services has influenced many suppliers working in this field. There are 20 companies in the UK public procurement system alone. If you don't get a profit in the near future, only the most capitalized vendors can continue trading until the product is huge.

True layer hopes to collect a total of $ 271 million from investors and become one of the survivors. True layer CEO answered an interview and explained that it would be a lon g-term battle. We are working on infrastructure. In other words, before we begin to make money, we will spend a lot of time and years for construction and wasted.

cash

Germany is often called the last fort of the cash economy, but the use of banknotes has decreased further, according to Bundesbank's latest payment system survey. The ratio of cash in transactions decreased by 7 % in 2023, and the ratio of cash to the amount of cash to 26 % was 26 %.

Old habits do not disappear easily. The Bayern Bar owner reported to the police after a Card of Latvia paid 16 beer costs separately with a card.

Naturally, many countries are trying to understand what the global shift to no n-cashing will bring. For example, in Ireland, a law on cash access was passed, and the government was given the authority to set the minimum number of ATMs in each region. Local banks and their customers will be costly. A busy revolination in Ireland is likely to be free.

Without such a subsidy, independent businesses would face difficulties. In Poland, the Euronnet, which operates 50. 000 units, protested that the government had refused to collect transaction fees, and limited cash drawers to 200 zuroches (46 euros) a day. Euronet has complained that local banks are losing because they only pay 1, 2 posters (0, 28 euros). It is presumed that Euronnets are more likely to make up for more than the shortage, as tourists are charged with exorbitant DCC fees.

One British entrepreneur commented that he had attached an ATM to a bridge in the middle of the river to find a place to withdraw money.

Of course, even if cash is available, the company may decide that it will not receive it. The British pub claims that after switching to no n-deposits, 12 hours a week was saved. Cash distribution and cost increase as sales decrease. The Portugal Central Bank believes that the cost of cash sellers is 2. 96 %, compared to 0. 78 % of the debit card.

Aspect of crime

Cryptocurrencies are assets and not money, but sellers continue to promote decisions to be paid by POS.

"Few people have heard about SpacePay, but after a year, everyone will know," says the startup based in London, who graduated from Barclays Fintec h-AcCelerator. SpacePay, which has raised $ 750, 000, claims that people can use cryptocurrencies in "most existing cards at the sales office". It is unknown how it actually works.

If there is a cryptocurrency user base in the POS, it is a market that crosses borders such as Luxembourg.

Done4 You, ISO, located in Namura, Belgium, who crossed the borders, introduced cryptocurrencies at the Group of the Grand Duchy, using Hokkoku technology. The transaction cost for cryptocurrency is 1. 25%, compared to a credit card interchange fee of+0. 5%.

Other news

Good news for travelers. International cards will be available for 97%of the Dutch payment terminals, and will reach 100%at the end of this year.

In the Netherlands, the longest payment interval in the past five years. In three hours, 30-40 % of the pin trading could not be settled. The issue of this issue was Usense (World Line), a network between banks. In fact, the World Line is said to be more than shor t-term obstacles that influenced the British supermarket earlier this month.It is a sign of the times. French banks pointed out that 20 % of shoppers want not to actually send physiological cards.Following funds, European venture funds are choosing an emerging company that is perfect for payment.

Rapyd, an actor / processor in Israel, has reduced 30 posts in his home country, although he has not seen a large number of reofs recently.

TSG, a consulting company in South America, is competing every day with API payments. Adyen became the winner without complaints, and Square was second.

And after all

Stripe has opened a new office in London, and this event is a fairly mysterious marketing campaign for corporate buyers.

Photo: Jevgenijs Kazanins

How to confuse

Business payment

Last month's World Line and Adien's dissatisfaction result did not become a trend. Nexies's third quarter performance exceeded the market forecast. The company stated that there were virtually no symptoms to maintain the attendance rate in Germany, such as influencing the World Line shareholders. NEX I-Promotion has been restored safely, while the world line is still balanced at the bottom.

ADYEN then, the simpl e-Dutch instructions, suggesting a more realistic expert and hiring a new employee by appreciating the possibility of liquidating the company, and hiring a new employee. I followed people as promised. Adien's third quarter profit increased by 22 %, but the company was approaching the EBITDA of 50 % by 2026, and a significant foreign exchange gain was imminent.

The dilemma, which is facing European corporate acquisition, is perfectly expressed in the latest PSE consulting papers, Equeling Street Nightmare. The Gateway, which provides a close bundle built on a single platform, such as dash, adien, and chec k-out, tells how fast Bazaar is flooding.

Key PSE consulting

Working with outdated technology, processors without sophisticated designs and planting tools feel problems. Barclays and Credit Aglichol are the only banks, and the rest are on the list of major European Acwire, but both are currently confirming the need for change. Credit Aglycol has announced the development of a joint venture with WORLLINE, and Barclays is looking for a BarclayCard option that could lead to resale and joint venture.

In addition to the influence of technical trends, European corporate acquisitions are related to basic changes in the behavior of small and mediu m-sized businesses, more profitable customer share, and channel acquisition. Fresh report flagship consulting indicates its risk level.

Key: Flagship consulting

Independent software suppliers (ISV) and other platforms account for 40 % to 65 % of new commerce companies that sign up in real time in the United States. This desire applies to Europe and threatens the ability to directly realize SMB. ISV is demanding more and more high commissions. According to Bain, 90 % of payments by payment are in danger.

Although the impact on ISV itself has not been completely documented, it has actually been found that these companies may receive up to 50 % of their own revenue due to payment processing fees. As a result, market abuse has occurred, such as imposing a fine to vendors using three payment products.

SHOPIFY, a major e-commerce platform in the store, requests a 2 % increase if the seller does not process transactions via SHOPIFY payment. Light Speed, a checkout software provider with more than 10, 000 buyers around the world, claims that all new buyers incorporate payment products. Those who do not prepare this must pay 0. 5 % for each transaction.

The measure has never heard in Canada, and has announced that the restaurant owner has actually taken $ 300 due to the introduction of the opponent's payment terminal. "This is not illegal, but unethical," said the supporters of the District Business Association. Currently, light speed has introduced prices to answer rivals in each country. However, we are now worried that almost all ISVs are treating their customers as hostages. There's nothing good with this

Corporate energy

The US direct investment giant advent acquired Londo n-based MyPOS for $ 500 million. Last year, MYPOS, a trading giant, was the number of MPOS 170. 000 sellers in 30 states, and EBITDA in 2022 was 11 million euros for € 60 million. Under the title of the circle led by Roulan Le Moal, the highest executive of Payu, the advent of Payu acquired MYPOS through the "settlement and technology platform." We are waiting for a new transaction.

Total processing, a smal l-scale growing, based in Manchester, has greeted Martin Gilbert from Levolut in just six months of term. Gilbert did not spend a lot of time to r e-acquire the business of Nompay, a financially financed processing center in Dublin. Nompay is clearly worth noting.

Tencent, a Chinese technology platform, has paid $ 100 million for 8 % of global blue promotions ($ 125 billion of the valuation), a popular dut y-free market market. The cooperation with Tencent will establish a global blue status at the highest cost among Chinese travelers.

Silver Flow and Amsterdam Payment Orchestra are "very expensive" because of interest in 15 million euros when evaluating previous recruitment in 2021. The purpose of the company is to support the company's expansion in Latin America and the Far East.

SHIFT4 blocked a $ 525 million acquisition position.

Credorux

The 1 8-month check caused by the Finaro Finaro shareholder Russian shareholder Oligar Hi was punished and stayed in Finaro has given the company for the integrated business. The linked companies include Reach ($ 200 billion transactions of $ 200 billion), international coverage, and electrical trading skills.

AIB and Bank of Ireland have abandoned the addition to submitting an internal exchange application form to compete for the reputation of recruitment. Each bank was essential to be called Ippay, but hit the regulation barrier. The commercialization contract was connected to Nexies.

{space}

New acquisition

We are carefully observing groceries. The settings for payment at the hyper market may move the entire bazaar. But for now, not so. FT concludes that customers have purchased products in real life 20 years later. In the UK, only 12 % of products are purchased by the Internet, ignoring the rise of pandemic.

However, purchasing at stores is changing vaguely by the announcement of Samacas, smart carts and autonomous shops.

Italy's first single store opened in Verona. Unlike many pilot projects, this store is a large supermarket in the Today. Technology provided by Portugal's emerging companies, Sensei, can also identify products with different weights by integration with the scale. Payment is made by Nexies. Buyers don't need to use the app. If necessary, you can pay at a normal cash register.

Tesco will test a similar process at a British store. Again, shoppers don't need to use apps. Just head to the cash register, the list of products selected "like magic" will be displayed. Customers can pay by card in a normal way. This technology was developed by Israel's emerging company triggers. Trigos are already affiliated with Rewe, Aldi, and Ocean, and Tesco is investing in small amounts.

Israel's emerging company A2Z, which leads to the development of smart carts, has announced that it has first ordered 250 carts from French supermarkets, Monopri. This cart is equipped with a sensor and automatically records shopping. A2Z predicted that 30. 000 smart carts will be sold in France alone throughout the IR2S, a sales partner.

Currently, active discussions on sel f-service cash registers are being held. Of course, it may be valid for small baskets, but not for weekly shopping. Whether it's a handheld scanner or a fixed sel f-service terminal, the process is too much time for customers.

The booth, a luxury supermarket in the UK, has completely abolished sel f-checkout. Shoppers seem very satisfied.

Biological certification news: Polish emerging companies, Payeye, which make payments with iris scanning, have launched a new terminal line. This terminal called EyepOS is equipped with a special camera, but also supports regular payment cards. Payeye offers a monthly fee of 11, 25 euros.

Consumers prefer to hold the terminal with a mobile phone and pay with a checkered machine, but in some cases, a physical card may still be required. One example is the M6 ​​toll road in the Midland region, UK. The operating company is frustrated by tens of thousands of drivers by using Apple Pay and Google Pay. What is the cause? The government banned from having a mobile phone while driving.

After the expected anger, the government plans to upgrade for no n-contact payments, and the system on toll roads will be upgraded for Apple Pay.

Pay by car

If all payments related to the car, such as parking, charging, refueling, are connected from the dashboard of the car at a low price and overall applications, it will be possible to avoid tasks on commercial roads.

The best news for MyPinPad: Norwegian jewelry chain UR & amp; Pennnnnnnnnnnnnnnnnnnnwinalain using the SoftPos app as an i n-store payment option on an employee's Android mobile phone. The integrator is 2izii and the buyer is Elavon.

VW acquired Paybyphone, a US B2B payment company in the United States, for $ 300 million. North America. Payments reached $ 900 million in 2022, actually assigning a fairly friendly usage rate of 4 or 4 %.

FLEETCOR has devised the expansion of Paybyphone services by linking fue l-consumption of electric vehicles and gas stations at gas stations.

product

Old habits do not disappear easily. The Bayern Bar owner reported to the police after a Card of Latvia paid 16 beer costs separately with a card. < SPAN> The British Labor Party has begun to make a positive statement about FinTech. Let's quote the manifest. "Financial services are one of the biggest stories of the UK's success. The Labor Party supports new technologies such as open banking and open finance, states the conditions that support the innovation and growth of this sector, and for innovation. Provides a normative framework.

In Germany, BLUEFIN has received GIRO certification on the TECS platform purchased earlier this year and launched a WHITE LABEL POS proposal for ISV. The Android device is supplied by Newland. Other device news: Polish ITCARD with 90. 000 POS has begun introducing Ingenico AXIUM devices. This is a bright news for Ingenico, which has gradually launched practical products for Android into the market.

One of the basis of Stripe's bad reputation is that it actually simplifies customer lives, without focusing on the highest cost. For example, you can send KLARNA from a striped control panel. Previously, striped merchants were able to learn about the KLARNA assistance service from email.It's not surprising that Stripe has the ability to write a great review to its sellers. The IT director of La Rudutto, a huge French catalog mail order company, explains why he chose stripes as their own massive PSP / processor. "Working with the stripe team was an unimaginable fun trip.Stripe Platform - Strategies produce interesting innovations. Lopay is a British MPOS provider built on the API-stripe. Lopay (the hint is in the name) bypasses sumup and izettle and brings just 0, 99% on debit/credit transactions. The company claims that it has signed contracts with 20. 000 merchants in 18 months. Lopay charges 0, 8% for instant calculation and says it is a very popular option.

Delupay targeted a similar market in France with a solution based on QR codes linked to money transfers via Open Bank. Already 1, 000 traders have registered and are taking advantage of free transactions of up to 2 euros and 0, 5% perks. If you speak French, you can watch the company's general manager receive a well-deserved flogging on this morning's business show. The presenter barely understands the offer for consumers and keeps asking why they don't just stick with Apple Pay or PayPal.

The Polish Post Office has added Inpost Pay as an order button to local online shops, trying to take advantage of the 10 million users of its mobile application. Customers can pay for their purchases with the application using bricks, cards or cash on delivery.

Finally, the Shop. app. This is a very impressive artificial intelligence-based search engine that allows you to create a basket for more than 1 million sellers on Shopify. Payment is of course with Shopify-payments.

SoftPOS

SoftPOS is a heavy-duty payment application that equips any Android device with an NFC chip, allowing it to accept money by card. This is a clear threat to terminal manufacturers, who manufacture more than 100 million terminals per year. Sunmi was the first to respond. Its latest line of Android terminals includes a low-priced terminal designed for SoftPOS and offered without PCI certification.

I think SoftPOS will make an impact on the enterprise market faster than on micro-merchants. Alaska Airlines, for example, is working with Stripe to allow 7, 000 flight attendants to receive food and drinks contactlessly using the airline's iPhones, which should speed up in-flight service.

Symphopay, a Romanian POS lock, sold its SoftPos application to bank Raiffeisen. The solution has already been deployed in 880 warehouses of EasyBox Courier Company Sameday.

Czech retail and restaurant supporter Dotykacka, with more than 20, 000 vendors, has launched SoftPos in the Czech Republic and Slovakia. The solution was developed by Danish start-up softpos. io, and processing is provided by Nexi.

MyPOS starts SoftPos in the UK, and the trader pays 1, 6 %+7 pense for each transaction, and does not pay monthly. I believe that traders do not want to waste from the immutable fees, for example, because there is a high risk for a huge number of sellers who have never traded.

Apple's Tap-System has landed in France as a candidate for Android. Group BPCE, Adyen, Mypos, Revolut, Sumup, Viva Wallet, Wordline initially provided this product.

Providing open banking

According to the latest reports on the impact of public banking, the amount of bank settlement disclosed in England has doubled compared to 2022 and is currently drawing £ 4. 5 billion a month, and in fact 650 on cards. Hundreds of pounds are compared to 110 billion Sterling in account debit transactions.

In real time, there are 45 bank settlement providers disclosed in the UK. This is probably more than the market, almost all providers, and they need to make sure that they can stay commercially for a long time for a long time.