Latest news with #NickMolnar
9 News
17-07-2025
- Business
- 9 News
You can now pay for your Uber and Uber Eats with Afterpay
Uber and Uber Eats are teaming up with Afterpay as customers move away from traditional forms of credit. The buy now, pay later service - available to Uber and Uber Eats customers in Australia and New Zealand - can be added to a customer's wallet for takeaway purchases and rideshare trips. Afterpay CEO Nick Molnar said it would give Uber customers more control over their finances. Uber and Uber Eats is teaming up with Afterpay to leverage the company's Gen Z and millennial customer base. (Getty) "Bringing Uber on board is a perfect representation of Australians continuing to call for Afterpay as a preferred partner in their lives," Molnar said. "Afterpay is, and always has been, about providing customers safe and flexible ways to pay in their everyday lives and Uber plays a crucial role in the lives of millions of Australians. "We're giving customers greater control over how and when they pay via a seamless addition to Uber Wallet." A recent report found younger Australians are turning away from credit cards , with many considering them to be financially dangerous. Financial stress is the main driving factor for Gen Zs born between 1996 and 2005 shunning the payment method. The buy now, pay later industry is facing tougher regulations this year after the Australian Securities and Investments Commission (ASIC) proposed modifications to the Credit Act.
National Post
25-06-2025
- Business
- National Post
Square and Live Nation Canada Announce Official Partnership, Extending Seamless Commerce to Rogers Stadium and Beyond
Article content Square is Live Nation Canada's exclusive point of sale and payment processing partner at major concert venues and festivals across the country Article content TORONTO — Square is enhancing Canada's live music experience this summer, making food, beverage and concert merchandise purchases faster and more convenient than ever at some of the country's top music destinations. Building on a successful presence at landmark venues such as Toronto's Budweiser Stage and Veld Music Festival since 2022, Square and Live Nation Canada are now expanding their relationship into an official partnership—marked by Square's rollout at the new Rogers Stadium starting on June 29. Article content With Live Nation Canada and Square's exclusive three-year agreement, Square will continue to power seamless commerce experiences for fans at all Live Nation Canada venues, with Rogers Stadium becoming the latest to unlock Square's next-generation technology. This expanded partnership cements Square as the exclusive point of sale and payment processing provider at Live Nation Canada's venues and major festivals from coast to coast. Article content 'Square is the trusted payments and commerce platform for large-scale live entertainment venues around the world, and we're excited to expand our partnership with Live Nation Canada to help them create unforgettable experiences for millions of Canadian fans every year,' said Nick Molnar, Global Head of Sales at Block, which includes Square and Cash App. 'Every minute saved in line is another memory made at the show. With Square's powerful ecosystem of hardware and software products, Live Nation Canada will enable fans to spend more time enjoying their favourite artists.' Article content Square's technology ecosystem at Live Nation Canada venues and festivals across the country include the fully integrated Square Register to allow for seamless checkout, compact Square Terminal and newly launched Square Handheld devices—Square's most sleek, portable and powerful POS yet—to enable vendors to manage payments right from their pocket. Square Online's eCommerce capabilities also enable in-seat ordering at Budweiser Stage's premium in-suite section for added customer convenience. Article content In addition to food and beverage processing, Square will also provide point of sale and payments for merchandise locations within Toronto's new Rogers Stadium, scheduled to open its doors on June 29. Article content Square technology is currently live at: Article content Budweiser Stage, Toronto HISTORY, Toronto Danforth Music Hall, Toronto Opera House, Toronto The MOD Club, Toronto Midway Music Hall, Edmonton Commodore Ballroom, Vancouver KEE to Bala, Bala Article content Upcoming festivals supported by Square include: Article content Veld Music Festival, Toronto Electric Island, Toronto Badlands, Calgary Chasing Summer, Calgary Escapade, Ottawa Fvded in The Park, Surrey Article content For more information about how Square can support businesses of all types and sizes in Canada, visit Article content About Square Article content Square makes commerce and financial services easy and accessible with its integrated ecosystem of commerce solutions. Square offers purpose-built software to run complex restaurant, retail, and professional services operations, versatile e-commerce tools, embedded financial services, buy now, pay later functionality through Afterpay, staff management and payroll capabilities, and much more – all of which work together to save sellers time and effort. Millions of sellers across the globe trust Square to power their business and help them thrive in the economy. For more information, visit Article content Article content Article content Article content Article content
Business Wire
25-06-2025
- Business
- Business Wire
Square and Live Nation Canada Announce Official Partnership, Extending Seamless Commerce to Rogers Stadium and Beyond
TORONTO--(BUSINESS WIRE)--Square is enhancing Canada's live music experience this summer, making food, beverage and concert merchandise purchases faster and more convenient than ever at some of the country's top music destinations. Building on a successful presence at landmark venues such as Toronto's Budweiser Stage and Veld Music Festival since 2022, Square and Live Nation Canada are now expanding their relationship into an official partnership—marked by Square's rollout at the new Rogers Stadium starting on June 29. With Live Nation Canada and Square's exclusive three-year agreement, Square will continue to power seamless commerce experiences for fans at all Live Nation Canada venues, with Rogers Stadium becoming the latest to unlock Square's next-generation technology. This expanded partnership cements Square as the exclusive point of sale and payment processing provider at Live Nation Canada's venues and major festivals from coast to coast. "Square is the trusted payments and commerce platform for large-scale live entertainment venues around the world, and we're excited to expand our partnership with Live Nation Canada to help them create unforgettable experiences for millions of Canadian fans every year," said Nick Molnar, Global Head of Sales at Block, which includes Square and Cash App. "Every minute saved in line is another memory made at the show. With Square's powerful ecosystem of hardware and software products, Live Nation Canada will enable fans to spend more time enjoying their favourite artists." Square's technology ecosystem at Live Nation Canada venues and festivals across the country include the fully integrated Square Register to allow for seamless checkout, compact Square Terminal and newly launched Square Handheld devices—Square's most sleek, portable and powerful POS yet—to enable vendors to manage payments right from their pocket. Square Online's eCommerce capabilities also enable in-seat ordering at Budweiser Stage's premium in-suite section for added customer convenience. In addition to food and beverage processing, Square will also provide point of sale and payments for merchandise locations within Toronto's new Rogers Stadium, scheduled to open its doors on June 29. Square technology is currently live at: Budweiser Stage, Toronto HISTORY, Toronto Danforth Music Hall, Toronto Opera House, Toronto The MOD Club, Toronto Midway Music Hall, Edmonton Commodore Ballroom, Vancouver KEE to Bala, Bala Upcoming festivals supported by Square include: Veld Music Festival, Toronto Electric Island, Toronto Badlands, Calgary Chasing Summer, Calgary Escapade, Ottawa Fvded in The Park, Surrey For more information about how Square can support businesses of all types and sizes in Canada, visit About Square Square makes commerce and financial services easy and accessible with its integrated ecosystem of commerce solutions. Square offers purpose-built software to run complex restaurant, retail, and professional services operations, versatile e-commerce tools, embedded financial services, buy now, pay later functionality through Afterpay, staff management and payroll capabilities, and much more – all of which work together to save sellers time and effort. Millions of sellers across the globe trust Square to power their business and help them thrive in the economy. For more information, visit
Business Wire
12-06-2025
- Business
- Business Wire
Square Partners with Bambu Dessert Drinks to Power Next Phase of Growth
OAKLAND, Calif.--(BUSINESS WIRE)-- Bambu Dessert Drinks, the fast-growing Vietnamese dessert and beverage brand, today announced a comprehensive technology partnership with Square. The partnership will bring Square hardware and software technology to all Bambu North America locations, enabling centralized menu management and more efficient operations across their rapidly expanding franchise network. "We chose Square because their platform offers the centralized control we need while making it simple for individual locations to execute." – Grant Bachman, COO of Bambu Franchising LLC Share In 2015, Bambu launched its franchise model and has expanded across the United States and Canada with multiple new locations in development. The brand's diverse menu of Vietnamese dessert drinks, milk teas, and smoothies made with fresh ingredients has resonated strongly with consumers, driving unprecedented demand for new locations. This rapid expansion required a technology solution that could scale quickly while maintaining consistency. Square for Franchises delivers this crucial backend infrastructure, allowing Bambu to manage menus, pricing, and operations seamlessly across all locations from a single dashboard. "With new franchise locations opening almost every month, we needed a technology partner that could keep pace with our growth while ensuring consistent quality across all locations," said Grant Bachman, COO of Bambu Franchising LLC. "We chose Square because their platform offers the centralized control we need while making it simple for individual locations to execute. With Square's franchise solution, we can update menus, adjust pricing, and roll out new items across all locations instantly, ensuring our customers get the same high-quality Bambu experience wherever they visit – and we can easily onboard new locations as we continue to expand." The implementation delivers a complete technology modernization across all current Bambu locations, featuring Square Register for seamless checkout and Square KDS (kitchen display system) for precise drink preparation. Square for Franchises ties it all together, enabling Bambu's franchise owners and staff to maintain high standards of quality and service while streamlining operations – from inventory and staffing to reporting and compliance – across its growing network of locations. The chain is also leveraging Square Loyalty to drive repeat visits and deepen customer relationships through personalized rewards. The platform's scalable architecture ensures Bambu can continue its rapid expansion without compromising operational excellence. "For fast-growing franchise businesses like Bambu, technology needs to be both powerful and simple to use," said Nick Molnar, Global Head of Sales at Block, which includes Square and Cash App. "By centralizing operations and menu management through Square's platform, Bambu can focus on what they do best – delighting customers with authentic Vietnamese desserts and drinks while scaling their business with confidence." With this rollout, Bambu has transformed how it manages its expanding franchise network – franchise operators have been able to simplify their daily operations while corporate leadership now has unprecedented visibility into performance across all Bambu locations. Most importantly, the streamlined menu management and improved order accuracy have enhanced the customer experience, allowing staff to focus on crafting the perfect dessert drinks that have made Bambu a beloved brand. These operational improvements provide a strong foundation for Bambu's ambitious expansion plans. To visit Bambu Dessert Drinks, find a location near you. To learn more about Square's technology for food and beverage businesses, visit our website. About Square Square makes commerce and financial services easy and accessible with its integrated ecosystem of commerce solutions. Square offers purpose-built software to run complex restaurant, retail, and professional services operations, versatile e-commerce tools, embedded financial services and banking products, buy now, pay later functionality through Afterpay, staff management and payroll capabilities, and much more – all of which work together to save sellers time and effort. Millions of sellers across the globe trust Square to power their business and help them thrive in the economy. For more information, visit About Bambu In 2008, four Vietnamese sisters – Anh, Kelly, Jenny & Julie – opened the first Bambū Shoppe in the heart of the Vietnamese community in San Jose, California. Their exceptionally friendly service and unique menu of fresh, healthy, and authentic Chè dessert drinks, crisp boba teas, signature Vietnamese coffees, and real fruit smoothies captured the attention of the entire San Francisco Bay Area. Today, there are over 60 Bambus located in 24 states, Canada, and the Philippines continuing to deliver a great customer and cultural experience and serving fresh vegetarian drinks 'Just the way you love it.' Bambu drink recipes have been market tested and embraced by customers of all ages and ethnicities. Their colorful, vibrant drinks have generated thousands of social media images. Like no other Asian beverage concept, every Bambu location has its own commercial kitchen to prepare vegan-friendly ingredients daily including cutting, draining and removing the coconut from fresh young Thai coconuts providing its customers with an amazing 'Chèlicious' experience.
Yahoo
10-06-2025
- Business
- Yahoo
Company's play for Coles, Woolworths, Aldi sparks warning for millions: 'Very concerned'
Afterpay is keen on getting into the Australian supermarket sector now that buy-now, pay-later (BNPL) services are more regulated. Under the revised law, these platforms have to follow the same rules and practices as credit card companies and lenders. Afterpay's co-founder Nick Molnar believes this update will give Woolworths, Coles and Aldi the confidence to accept BNPL as payment. But UNSW finance expert Andrew Grant told Yahoo Finance allowing shoppers to pay for their everyday shopping in instalments could be a slippery slope. "It is very easy to get in a hole if you are frequently buying things outside your budget," he said. "When it comes to groceries, am I going to spend more at the supermarket if you're offering Afterpay? That's something to be a little bit worried about." Afterpay, Klarna, Zip warning for Aussie users as major BNPL overhaul arrives Rare $1 coin worth 10 times more due to 'unfortunate' detail Woolworths shopper reveals little-known price tag trick Afterpay is already accepted at certain IGA and Drakes supermarkets. Grant said the majority of BNPL users keep on top of their repayments without a hassle. However, Domenique Meyrick, co-CEO of Financial Counselling Australia, believed a line needs to be drawn in the sand to prevent people from going into unnecessary debt. "We're very concerned about the possibility of these products being used in supermarkets," she told Yahoo Finance. 'Using credit to make ends meet is often a recipe for disaster — BNPL providers and retailers should not encourage people to do so." She added that financial counsellors have seen many people struggle to manage their finances because they're juggling multiple "unaffordable" BNPL loans and late these services have been used for big purchases, with shoppers more comfortable spreading out a $1,000 TV over four instalments. However, the cost-of-living crisis has pushed some into using BNPL to pay for much smaller items because they don't have the money to cover bare essentials. Before today, Aussies who wanted to use a BNPL service faced little opposition. They only had to fill in a few details before the cash advance was in their accounts. However, now providers will assess your ability to repay this money before approving your request. They will follow the same rules as credit card companies and lenders by looking at your income, expenses, and existing debts. BNPL platforms will also forward your payment history, whether it's good or bad, to credit reporting firms, which could harm your ability to get a credit card, personal loan, or mortgage in the future. Molnar believes having this type of regulation means BNPL services will be viewed more legitimately by the big supermarkets. 'Some of the biggest industries in [Australia] have been holding out to offer Afterpay until a date that we are regulated. We are now starting to scale into more everyday spend," he told the Australian Financial Review. Coles and Aldi told Yahoo Finance they had no plans to introduce Afterpay as a payment option in the future. Woolworths was a slightly vaguer, with a spokesperson telling us they had nothing to add. Grant told Yahoo Finance while the answer might be no right now, he believed they would consider it if they could negotiate with Afterpay the cost of acceptance. At the moment, it costs the merchant 2 to 8 per cent to take a BNPL payment, which is far higher than the 0.5 to 2 per cent they pay to accept debit and credit cards. The UNSW finance associate professor also highlighted that supermarkets might be be reticent in jumping on BNPL services because they could take a "reputational hit" if they're seen to be inadvertently plunging shoppers into debt. While these big supermarket giants don't technically allow people to pay with BNPL services, there is a loophole used by many. You can buy a Coles, Woolies, or Aldi gift card on several BNPL platforms and then use that card to purchase your groceries. Compare Club found nearly 31 per cent of Aussies surveyed had been using BNPL for essentials like groceries and fuel. However, the biggest proportion of users (66.67 per cent) reserved it for everyday non-essential items like clothing and gifts. Nearly a quarter of respondents to Compare Club's survey said they owed between $1,000 to $5,000 to a BNPL service. A further 20 per cent of users admitted to paying late fees every few in retrieving data Sign in to access your portfolio Error in retrieving data
