Cloud Based POS

Lightspeed Finalizes the Acquisition of Shopkeep

Lightspeed, Shopkeep | November 27, 2020

Lightspeed POS Inc., a leading provider of cloud-based, omnichannel commerce platforms, today announced the end of the beforehand detailed acquisition of ShopKeep Inc., a leading cloud commerce platform provider based in New York City. Lightspeed finished up the acquisition for the idea of $145.2 million in genuine cash and the issuance of 7,437,397 subordinate vote based proposals in the capital of Lightspeed, subject to standard post-shutting changes.  Lightspeed has also assumed ShopKeep's investment opportunity plan, with the outstanding investment opportunities thereunder changing over into alternatives to purchase 1,254,534 subordinate democratic shares in the capital of Lightspeed.

With the finish of this acquisition, Lightspeed now serves in excess of 100,000 customer areas around the globe, producing roughly $33 billion in gross exchange volume1 every year, for each situation as of September 30, 2020.

RBC Capital Markets acted as advisor to Lightspeed on the transaction.

About Lightspeed

Lightspeed powers complex small and medium-sized businesses with its cloud-based, omnichannel commerce platforms in over 100 countries. With smart, scalable and dependable point of sale systems, Lightspeed provides all-in-one solutions that drive innovation and digital transformation within the retail, hospitality and golf industries. Its product suite enables SMBs to sell across channels, manage operations, engage with consumers, accept payments and ultimately grow their business.

Headquartered in Montreal, Canada, Lightspeed is trusted by favorite local businesses worldwide, where communities go to shop and dine. Lightspeed has staff located in Canada, USA, Europe, and Australia.


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Other News
POS Retail

RYVYL Launches coyni Mobile Point-of-Sale App for Android and iOS

Globenewswire | August 10, 2023

RYVYL Inc., a company that leverages the security of the blockchain and USD-pegged stablecoin technology with near-real-time attestation capabilities to conduct payment transactions, today announced the launch of the coyni Mobile Point of Sale (mPOS) app, transforming iOS and Android devices into a payment terminal for secure, efficient transactions. The coyni mPoS app is now available in Beta mode for download in the Apple & Google store. The coyni mPOS app provides merchants with a secure and convenient way to quickly add mPOS devices and users through a straightforward registration process to begin accepting payments. With the coyni mPOS app, businesses can easily turn a compatible Android or iOS smartphone into an mPOS terminal, allowing merchants to accept contactless payments in person and ensuring seamless and secure transactions. The coyni mPOS creates unique QR codes for contactless payments that customers can scan and pay, eliminating the need for merchants to purchase and manage card readers. The coyni mPOS solution is highly scalable to support a large number of terminals and users to be created and is capable of processing customized business rules including pre-defined percentages or dollar-based tips or consumer-specified amounts at the terminal level. Furthermore, the app delivers rich data insights and functionality including a detailed daily batch list of transactions, itemized sales and transaction history for the batch cycle, and refund capability directly from the batch list. “We are thrilled to announce the launch of coyni mPOS, which is a testament to the future success of the coyni platform and our dedication to its continued growth. This aligns with our overall strategy of creating value and brings us one step closer to our vision of spinning off coyni," said Fredi Nisan, RYVYL’s Chief Executive Officer and co-founder. “By integrating mPOS capabilities with the coyni platform, businesses and merchants can benefit from a comprehensive and user-friendly payment system coupled with the rounded foundation of the next beta release of the coyni business platform. Transactions can be executed with confidence using reliable and secure blockchain technology with each coyni digital token held in a wallet on the platform matched with one U.S. dollar held in a custodial account with a federally insured financial institution. The coyni platform can be utilized by both consumers and businesses for a wide range of payment purposes.” About RYVYL RYVYL Inc. was born from a passion for empowering a new way to conduct business-to-business, consumer-to-business, and peer-to-peer payment transactions around the globe. By leveraging unique blockchain security and USD-pegged stablecoin technology with near real-time attestation capabilities, RYVYL is reinventing the future of financial transactions using its coyni® stablecoin platform as a transactional foundation. Since its founding as GreenBox POS in 2017 in San Diego, RYVYL has developed applications enabling an end-to-end suite of turnkey financial products with enhanced security and data privacy, world-class identity theft protection, and rapid speed to settlement. As a result, the platform can log immense volumes of immutable transactional records at the speed of the internet for first-tier partners, merchants, and consumers around the globe.

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POS Solutions, Cloud Based POS

ParkMobile to Bring Digital Parking Payment Solutions to the University of Arizona Campus

PR News Wire | September 01, 2023

ParkMobile, the leading provider of smart parking and mobility solutions in North America and part of EasyPark Group, is partnering with the University of Arizona to integrate ParkMobile reservations at 13,311 off-street parking spots on-campus. Students and visitors of the university will now be able to reserve and guarantee a parking spot for athletic and other special events via the ParkMobile app or web browser. "As we continue to extend our market presence in the Southwest and inch toward our goal of making cities more livable, we're thrilled to partner with the University of Arizona to bring our app to its campus. With school starting soon, students and visitors of the university will now be able to reserve a guaranteed parking spot," said David Hoyt, managing director of ParkMobile. This year, ParkMobile is prioritizing strategic partnerships with colleges and universities to create a seamless, stress-free experience for students and visitors with a parking payment app that they are already using. ParkMobile serves over 140 colleges and universities, with 608,439 users in Arizona and reach in primary cities in nearby states. Jim Sayre, Executive Director of Parking & Transportation Services, said of the university's partnership with ParkMobile, "We're thrilled to continue to offer innovative delivery of services to our customers. The implementation of the platform will continue to allow our special eventgoers the opportunity to reserve a parking spot ahead of time to make for an improved parking experience." ParkMobile is available for both iPhone and Android devices, and can be accessed on a mobile web browser. To make a parking reservation, users can search for the event venue in the ParkMobile app or web browser, then select the lot where they would like to park in. After the reservation is booked, it can be redeemed at the location using a mobile pass in the ParkMobile app or a printed permit. About ParkMobile ParkMobile, a part of EasyPark Group, is the leading provider of smart parking and mobility solutions in North America, using a contactless approach to help millions of people easily find, reserve, and pay for parking on their mobile devices. ParkMobile’s services have been adopted by over 40 million consumers and are available in more than 3,000 locations, including 39 of the top 100 cities in the U.S. ParkMobile’s services include on- and off-street parking, airport and event reservations, transient reservations, and municipal parking permit solutions. ParkMobile serves over 500 cities, 150 events and venues, 150 universities, and 20 airports with on-demand, permit, and reservations parking solutions.

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POS Solutions, POS Retail

Priority Technology Holdings, Inc. Completes Acquisition of Plastiq, Inc.

Businessiwire | August 07, 2023

Priority Technology Holdings, Inc., a leading platform for unified commerce that delivers integrated payments and banking at scale, announced today that it has completed the acquisition of substantially all of the assets of Nearside Business Corp. and PLV Inc., as well as all of the equity of Plastiq Canada Inc. and Plastiq Inc. (collectively, “Plastiq”), with the approval of the United States Bankruptcy Court for the District of Delaware. “We are eager to welcome Plastiq’s employees and customers into the Priority family,” said Thomas Priore, Chairman and CEO of Priority. “Both companies have been focused on building leading B2B payment solutions. Our combined B2B offering will provide businesses of all sizes a full suite of working capital solutions that optimize their important vendor relationships while maximizing cash flow flexibility to operate and grow their business.” “Our mission has always been to accelerate the financial success of small businesses by giving them the access to working capital they need to grow and thrive,” said Eliot Buchanan, Plastiq CEO & Founder. “As part of Priority, we will be uniquely positioned to offer a full suite of payment and banking capabilities to bring a holistic approach to solving our customers’ biggest working capital issues.” “The addition of Plastiq is another example of how Priority is building a differentiated Unified Commerce Platform for our business and integrated software clients,” continued Priore. “Our customers can choose the payment acceptance and automated bill payment tools, now including Plastiq, that best fit their business to optimize their cashflow management all in one place on our native payments and banking as a service platform.” Keefe, Bruyette & Woods served as financial advisor and Troutman Pepper Hamilton Sanders LLP served as legal advisors to Priority. About Priority Technology Holdings, Inc. Priority’s purpose-built payments and banking technology platform to collect, store and send money serves over 800 thousand clients, processing $115 billion in annual payments volume though its proprietary merchant acquiring application, MX Merchant, BRB payments solution, CPX and library of APIs including Passport for ISV and Enterprise partners. Priority handles the complexities of payments and embedded finance to free its partners to focus on their core business objectives. Priority’s APIs and proprietary processing solutions are supported by nationwide money transmission licenses, end-to-end operational support including automated risk management, underwriting, full AML, BSA and OFAC compliance and industry leading customer service. About Plastiq Founded in 2012, Plastiq is a leading B2B payments company. Plastiq has helped tens of thousands of businesses improve cash flow with instant access to working capital, while automating and enabling control over all aspects of accounts payable and receivable. Plastiq provides growing finance teams with technology and know-how once reserved for only large enterprises. The flagship product, Plastiq Pay, pioneered a way for businesses to pay suppliers by credit card regardless of acceptance as an alternative to expensive, scarce bank loan options. Plastiq Accept offers an alternative to expensive merchant services, enabling businesses to accept credit cards with no merchant fees and get paid across any customer touch point, including a website, invoice, checkout process, and in person via QR code. The Plastiq Connect API suite enables platforms, marketplaces, and ERPs, to expand B2B payment options for payables and receivables in their native customer experience while outsourcing payment execution, risk, and compliance.

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POS Hardware

Potawatomi Casino Hotel Selects Agilysys Industry-Leading POS Solutions to Maximize Return on Experience for Guests and Staff

PRnewswire | August 18, 2023

Bleisure travel has been deemed a pandemic silver lining, according to The Year of “New” Traveler report from the American Hotel and Lodging Association (AHLA), published in 2022. Although combining leisure and business travel wasn’t a new concept before 2020, such arrangements have become more commonplace as multi-day bleisure trips are a new travel norm. Further, today’s traveler wants it all from their lodging and travel provider. While cleanliness and safety are table stakes, they also crave multiple amenity options like dining at different price points, gaming, retail shopping, theater-style shows and spa treatments. Bleisure travelers not only want the additional amenities, but they also desire access to self-booking and self-service technology, to make the most of their time between business and leisure. Potawatomi Casino Hotel, located in downtown Milwaukee, is one such property that not only provides several on-site amenities but has implemented hospitality technology to create guest and employee champions at every touchpoint. Potawatomi Casino Hotel, one of Wisconsin’s most popular entertainment destinations featuring more than 1.1 million square feet, chose to replace systems previously in use with two award-winning point-of-sale (POS) systems from Agilysys to optimize food and beverage interactions and enhance guest and staff experiences. Agilysys, a leading global provider of hospitality software solutions that delivers High Return Hospitality. Its latest point-of-sale (POS) systems combine highly interactive terminal and tablet touchscreen applications supporting Windows, Android and iOS devices and includes strong information security for data protection. The robust reporting and analysis features, extensive enterprise-grade menu and item configuration capabilities and multi-language support help drive service flexibility and increased operational efficiency. Since installing the POS platforms from the Agilysys Hospitality Core Collection™, Potawatomi Casino Hotel staff have been able to provide enhanced experiences throughout the property that serves 6 million-plus guest visits annually. The property, owned and operated by the Forest County Potawatomi Community, features: • Gaming, which includes state-of-the art slot machines, bingo, table games and a temporary sportsbook. • Restaurants and bars, including the four-star Dream Dance Steakhouse Canal Street Café, authentic Asian noodle and sushi bar RuYi and The Potawatomi Marketplace. • Entertainment at several on-site venues, such as the 1,500-seat Potawatomi Event Center and nightlife hot spot Bar 360. • Deluxe amenities at its 500-room, 19-story hotel, including 75 suites, some of which offer stunning views if the Milwaukee skyline and Lake Michigan. • Full-service catering for corporate and social events. With such a large, comprehensive enterprise, the 3,000-employee Potawatomi Casino Hotel has improved guest and staff experience by investing in Agilysys’ mobile food & beverage ordering and kiosk systems, resulting in better reviews, increased satisfaction and greater on-property spend. “Coming off the pandemic, guests want it all, and technology helps us deliver,” said Garret Finocchiaro, CIO at Potawatomi Casino Hotel. “We are in a much better position to create the High Return Hospitality experiences they expect with Agilysys’ POS solutions at staff members’ fingertips. Additionally, such technology helps us attract and retain top talent in a tight labor market in a growing sector.” The U.S. Bureau Labor Statistics reports overall employment in the gaming industry is expected to increase 17% from 2021 to 2022 — quicker than the average for all occupations. As such, Potawatomi Casino Hotel management understands the need for hospitality-specific solutions to up the proverbial ante to keep staff — and guest — satisfied in this growing industry. “Potawatomi Casino Hotel understands the need to deliver Return on Experience so the millions of visitors and guests that come through its doors receive such amazing interactions and memories that they post on social, tell their friends about it and come back for more,” Darren Student, Vice President Sales, Agilysys. “We can’t wait to see how this amazing property continues to grow as we move into a long-term partnership and the company invests in a comprehensive suite of Agilysys hospitality solutions that deliver greater guest and staff loyalty.” About Agilysys Agilysys is well known for its long heritage of hospitality-focused technology innovation. The Company delivers modular and integrated software solutions and expertise to businesses seeking to maximize Return on Experience (ROE) through hospitality encounters that are both personal and profitable. Over time, customers achieve High Return Hospitality by consistently delighting guests, retaining staff and growing margins. Customers around the world include: branded and independent hotels; multi-amenity resort properties; casinos; property, hotel and resort management companies; cruise lines; corporate dining providers; higher education campus dining providers; food service management companies; hospitals; lifestyle communities; senior living facilities; stadiums; and theme parks. The Agilysys Hospitality Cloud™ combines core operational systems for property management (PMS), point-of-sale (POS) and Inventory and Procurement (I&P) with Experience Enhancers™ that meaningfully improve interactions for guests and employees across dimensions such as digital access, mobile convenience, self-service control, personal choice, payment options, service coverage and real-time insights to improve decisions. About Potawatomi Hotel & Casino Set in the heart of Milwaukee, Potawatomi Casino Hotel is Wisconsin’s premier entertainment destination, offering guests the best in gaming, dining and entertainment. The property features a 500-room, 19-story hotel, the second largest hotel in Milwaukee; a new sports betting operation; and more than 60,000 sq. feet of event space. In 2022 Potawatomi announced a $100 million renovation project of the casino’s third floor, which is scheduled to be complete in 2023. About Return on Experience (ROE) When it comes to software, most resorts talk about return on investment (ROI). In hospitality, short-term ROI is table stakes. Return on Experience (ROE), provided through Agilysys software, ensures every experience at every touchpoint creates a champion – not a critic – for both guests and staff members alike. This way, guests do more, spend more and have a higher intent to return and recommend on Yelp, Trip Advisor and other popular platforms. Check out our 30-deep Experiencer Enhancers™ Collection, along with our venue-specific Hospitality Solutions™ designed to maximize your specific need.

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Introducing Square Go — the app that helps you discover, book, and manage self-care experiences to make you feel your best. Download the app today and find 2 million+ self-care services from over 250,000+ local beauty professionals, all with fast one-tap booking. Message your self-care provider directly, manage and track your appointments hassle-free, and leave reviews, all in the app.