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Why trust is the new Small Business payment advantage. Jordan Owen of U.S. Bank and Elavon on why trusted guidance, not the lowest rate, is becoming the deciding factor in small business payments. As someone who works closely with business owners across the United States, I'm continually inspired by their determination to grow despite the challenges they face. Rising costs, changing consumer expectations and concerns about access to capital have created a difficult operating environment. Given the obstacles small business owners face, the results of U.S. Bank's latest Small Business Perspective Survey are remarkable. More than nine in ten small business owners said they plan to take action over the next 12 months to grow their businesses, whether by adding staff, launching new products or increasing capital investment. That optimism raises an important question: what's holding small businesses back? In many cases, it's not a lack of ambition. It's finding the right partners, tools and resources to help turn growth plans into reality. This is especially true when it comes to payments. Business owners increasingly recognise that payments are about more than cost. Competitive rates matter, but they don't solve business challenges. Business owners want tools that save time, improve cash flow and reduce friction, whether people are using them online, on mobile or in person. They also want trusted guidance rather than one-size-fits-all solutions. At Elavon, that has meant bringing payments, software and services together into integrated experiences that help businesses operate more efficiently and serve customers more effectively. The survey also asked respondents about their use of several digital financial and operational management tools, all of which increased from last year. The greatest increase was in payment processing and merchant services solutions, with 60 per cent of businesses saying they use them, up 20 percentage points from last year. When asked which features they would like their bank or financial partner to offer, 74 per cent emphasised the importance of being able to bundle banking, payments and credit cards in a single offering. This spring, U.S. Bank and Elavon introduced point-of-sale demonstrations in more than 100 branch locations. What stood out wasn't the technology itself; it was the conversations. Business owners wanted to understand how these solutions could help them operate more efficiently, better serve customers and create new opportunities for growth. Ultimately, success in this space will be determined by service. The organisations that stand apart will be those that remove unnecessary complexity and create seamless experiences across every customer touchpoint. They will equip employees with the tools and information needed to serve customers whenever and however they choose to engage. Every payment represents something bigger than a transaction. It reflects the ambitions of a business owner investing in their future, serving their customers and supporting their community. Financial institutions, payments providers and technology companies have an opportunity to help make those ambitions easier to achieve. The organisations that succeed won't be those offering the lowest rate. They'll be the ones that earn trust by helping small businesses grow with confidence. Jordan Owen is head of merchant, business banking at U.S. Bank and Elavon. * Rowen Brooks Rowen Brooks is an AI staff writer at Disrupts Media, the publisher of The Fintech Times, The Biotech Times, The Datatech Times and Disrupts. She reports across all four titles, covering financial technology, biotechnology, data and the wider field of emerging technology. Her work spans news, interviews, commentary round-ups and explainers, with a focus on how new technology is built, funded and adopted, and what it means for the businesses and people using it. She can be reached at [email protected]. View all posts Staff Writer

Tabit unifies card-present and ecommerce transactions, strengthening its payments foundation with MagTek hardware and Magensa Unigate gateway. Jul 27, 2026, 09:05 ET Global AI hospitality platform adopts a single, purpose-built payment solution, backed by remote device management and a lifetime device warranty, to power its next phase of growth. SEAL BEACH, Calif., July 27, 2026 /PRNewswire-PRWeb/ - MagTek, a global leader in secure payment technology and security solutions, and Tabit, a global hospitality commerce and AI platform, today announced that Tabit has moved its payment hardware and gateway processing to MagTek's DynaFlex secure card readers and the Magensa Payment Protection Gateway via Unigate (Unigate). The move consolidates Tabit's payment infrastructure, giving the company a more reliable, streamlined foundation for both card-present and online transactions across its global operations. As part of the transition, Tabit integrated its POS with the DynaFlex II Go, a mobile payment device built on MagTek's newest hardware platform. The device is engineered around AES-256 encryption, the highest security standard in the industry, giving Tabit and its customers additional peace of mind with every transaction. DynaFlex II Go has been widely adopted by the industry's leading case manufacturers, who design enclosures for iOS, Android, and Windows devices, making it easy and reliable for restaurants to bring mobile POS and payments directly to the table. Beyond payments, the DynaFlex II Go platform also supports non-payment NFC use cases, including MIFARE, NTAG, Apple VAS and Google SmartTap, DynaCast (for delivering receipts, surveys, and other content to a guest's mobile device), access control, and mobile driver's license (mDL) reading, making it one of the most versatile hardware platforms in the industry. As Tabit's footprint grew, the opportunity to simplify became clear: a single, unified partner for both hardware and gateway services would streamline development, speed up certification for new processors, and give the team a clearer picture of performance across every transaction. With Magensa Unigate, Tabit now runs card-present and card-not-present transactions through a single integration to its major processors and acquirers, including Fiserv, TSYS, WorldPay, and Elavon. The consolidation gives Tabit one unified view into all of its transactions, regardless of processor or payment channel, and a simpler path to supporting new processors and payment types going forward. Because MagTek both manufactures the DynaFlex hardware and develops the Magensa Unigate gateway, the solution is engineered and supported as a single, tightly integrated stack rather than a pairing of separate vendors' products. Beyond the core hardware and gateway consolidation, Tabit adopted two additional MagTek services to extend the value of the solution. The Reader Management System (RMS), an API that integrates device management directly into Tabit's restaurant AI POS, and allows firmware updates and configuration changes to be pushed to devices remotely in a lights-out environment, reducing support costs and keeping devices running at optimal performance. Tabit also adopted MagCare, which provides a lifetime warranty on MagTek devices along with simplified administration of returns and replacements (RMAs), allowing both Tabit and its merchants to focus on their customers rather than hardware logistics. "The future of hospitality belongs to intelligent software, not payment complexity," said Nadav Solomon, Co-Founder and President of Tabit Technologies. "Our role is to help restaurants leverage AI to operate more efficiently and create exceptional guest experiences, while remaining free to choose the payment partners that best serve their business. Consolidating our payments infrastructure with MagTek gives us a stronger technical foundation so we can innovate faster, simplify operations, and continue delivering an open, enterprise-grade platform for the hospitality industry." Tabit's move to MagTek and Magensa reflects a broader shift among hospitality and restaurant technology providers toward consolidated payments infrastructure, as operators look to reduce the complexity, cost, and support overhead of managing hardware and gateway relationships across multiple vendors. "Tabit has built one of the most thoughtful mobile-first platforms in hospitality, and we wanted our payments technology to match that same level of craftsmanship," said Rod Vesling, Senior Vice President of Magensa. "By bringing our hardware and gateway together under one roof, we're giving Tabit a single, tightly integrated foundation to build on - so their team can stay focused on what they do best: creating a seamless experience for restaurants and their guests." To see the full solution in action, visit MagTek at booth #910 and Tabit at Booth #537 at RSPA's RetailNOW event, July 26 - 28, 2026 at Ceasar's Forum Conference Center, Las Vegas, NV. To learn more about MagTek visit www.magtek.com, email [email protected], or call 562-546-6400. About MagTek Founded in 1972, MagTek is a leading manufacturer of electronic systems for the reliable issuance, reading, transmission, and security of cards, barcodes, checks, PINs, and identification documents. Leading with innovation and engineering excellence, MagTek is known for quality and dependability. Its hardware products include secure card reader/authenticators, Qwantum secure cards, token generators; EMV Contact Chip, EMV Contactless, barcode and NFC reading devices; encrypting check scanners, PIN pads, and credential personalization systems. These products all connect to Magensa, a MagTek owned gateway that offers businesses the ability to securely process transactions using authentication, encryption, tokenization, and non-static data. At MagTek, Janwoodgroup don't outsource security. Its USA-based headquarters in Seal Beach, CA house its engineering, key injection, device management, production, sales, quality, and final assembly departments. Please visit www.magtek.com to learn more. About Tabit Technologies, Inc. Tabit Technologies is a global hospitality commerce and AI platform powering some of the most demanding restaurant, hotel, and entertainment operations in the world. Purpose-built for full-service and upper-market hospitality, Tabit delivers a mobile-first, cloud-native ecosystem that combines POS, payments orchestration, kitchen operations, guest engagement, online ordering, loyalty, and AI-driven operational intelligence into a unified platform. Trusted by innovative hospitality brands globally, Tabit supports restaurants and hotels ranging from boutique concepts to large-scale enterprise groups, including luxury hospitality destinations, major airport operators, and multi-location restaurant organizations across North America, Australia, and Israel. For more information about Tabit's product suite, visit Tabit.cloud. Tabit Technologies, Inc. 19495 Biscayne Blvd, Suite 802 Aventura, FL 33180 1-833-822-4887 Media Contact SOURCE MagTek