The Siris Capital Group is paying $840 million to take over Digital River, a key early E-Commerce firm that is used as the checkout engine for hundreds of E-Commerce sites. The deal is not definite, though, as the two firms worked out a waiting period...
Yelp is working with the Hipmunk travel search engine to expand its hotel booking business. Hipmunk’s focus is letting travelers browse flights and hotels by a combination of factors like pricing, layover duration and amenities. Hipmunk is already in deals with direct-booking sites like Getaroom...
When exploring global expansion for Apple Pay, China is the highest priority for Apple CEO Tim Cook, even though the service has yet to launch there. Cook, in an interview with China’s influential Xinhua News Agency, said that he wants to understand the Chinese payment...
After weeks of waiting and speculating, Apple Pay went live and the payments industry stood back and watched things play out. Something wonderful happened- lots of people suddenly took lots of interest in mobile payments and a small army appeared on Twitter to pay by...
At the last official Apple Event held this month, Tim Cook announced that Apple Pay would sign on an additional 500 banks throughout the course of both this year and next. Cook has already started to make good on that assertion since both Visa and...
What does it take to enable the future of commerce? We’re no longer talking contactless payments on just smartphones and tablets – the focus is now on turning every device into a commerce device, says MasterCard’s Chief Emerging Payments Officer Ed McLaughlin. To coincide with...
There are few subjects that highlight the chasm of opinions between payments players quite like EMV. That EMV is coming: of that there can be no doubt. In a little more than a year, merchants will either have to have to upgrade their terminals to...
Apple Pay officially rolled out on Monday and consumers and retailers both have had some time to get their feet wet with this new mobile payments platform. So, what’s the verdict so far? Well, Peter Osberg, Senior Vice President at EVO Payments International tells MPD...
After accepting Apple Pay at all of its stores on the Apple Pay launch day on Monday (Oct. 20), the $26 billion 4,600-store Rite Aid pharmacy chain apparently changed its mind and yanked support from those stores Wednesday (Oct. 22), with no official explanation, according...
