Technology news affecting the convenience store industry

Drugstore chain implementing Hypercom payment terminals

WOONSOCKET, R.I. -- CVS/pharmacy, the 5,400-store retail pharmacy chain, has named Phoenix-based Hypercom Corp. its preferred supplier of card payment terminals based on the advanced functionality of the Optimum L4100, a compact, high-speed signature capture card device specifically designed to...

Gilbarco Veeder-Root's contactless card option completes MasterCard approval

GREENSBORO, N.C. -- Gilbarco Veeder-Root's Contactless Card Option has obtained approval from MasterCard that it complies with the MasterCard PayPass specifications. Gilbarco Veeder-Root is the first manufacturer of retail fueling equipment to obtain this approval, it said. The Gilbarco Veeder-Root...

Gas supplier may be key to Convenient Food Mart Chapter 11 filing

PAINESVILLE, Ohio -- Could defaulting on a court-imposed payment plan to a gasoline supplier have been the last straw that forced Convenient Food Mart into bankruptcy protection this past week? The supplier and other sources say it is. We have a court-ordered judgment against them, and they...

New-to-downstream firm will manage chain's fuel supply, trading ops.
Gives terminal owners flexible, responsive control
Retailer to accept MasterCard, Amex contactless payment cards
Sixth consecutive quarter of account management tools enhancements
Leverage Microsoft, Sun systems
PDI holds annual Idea Exchange
Moves to native Windows app, owns software code