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Restaurant Ordering Apps, Cloud Technology, Cash Hoarding Top This Week’s News

PYMNTS

It’s the end of the workweek, and the PYMNTS Weekender is here to make sure you didn’t miss anything with the latest in payments and commerce news. We have deep dives into in-house restaurant ordering apps and cloud technology, as well as a report on banks running short on large bills amid the coronavirus crisis.

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How Cashierless Checkout Can Power Brand Marketing Experiences

PYMNTS

Cashierless stores aren’t just for mega retailers like Amazon to sell prepared food from their kitchens or products from other producers: Beverage brands, among other companies, are getting into the action and choosing this checkout experience for stores that showcase their own products IRL (“in real life”) as a marketing tool.

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Visa: US Starting To Close The Contactless Gap

PYMNTS

Globally, tapping to pay with contactless cards has taken off remarkably, and the U.S., after years of lagging behind, is starting to catch up, according to a new blog post from Visa. nearly half of all Visa transactions at physical points of sale happen via contactless card tap. More notably, Sanford writes, the U.S.,

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Visa: US Contactless Payments Primed For A Big 2020

PYMNTS

11), that public pilot officially came to an end, as Penn Station was added to the New York list of MTA stations that enables open payments using network-branded contactless cards. Visa began this project with the idea that New York City could be the “ground zero” for contactless card ignition in the U.S.

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Visa Rolls Out Promotions As Sponsor Of Hudson Yards

PYMNTS

As the official payment technology partner for Hudson Yards, New York City’s newest neighborhood offering shopping and entertainment options, Visa is offering exclusive discounts and deals to its cardholders. Visitors also get views of the Public Square and Gardens.

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B2B Tech Startups Land Backing To Modernize The Enterprise

PYMNTS

It's a business model that secured the backing of FINTOP Capital, which led the round, while PayPal co-founder Peter Thiel and Palantir Technologies and Founders Fund also participated. Honcho plans to deploy the investment towards new hires and invest in its product roadmap.

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Is The US On The Verge Of A Contactless Surge?

PYMNTS

Near-field communication ( NFC ) technology isn’t exactly new. don’t rely on swiping or chip card readers. cards use chip-and-signature and chip-and-PIN methods. The new PYMNTS mPOS Tracker takes a look at the state of mPOS solutions in North America. However, the U.S. However, the U.S. In the U.S.,

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