As the POS terminals evolve with the coming of feature-rich new payment devices, small businesses are gravitating toward adopting them, including cloud-based tablet solutions that crowd the marketplace. In a recent podcast interview, MPD CEO Karen Webster caught up with PayAnywhere CEO Marc Gardner to...
Alibaba Group has already received enough orders for its record-breaking initial public offering to cover the entire deal, just two days into its roadshow, Reuters reported on Wednesday (Sept. 10). Jack Ma, the Chinese e-commerce giant’s co-founder and executive chairman, had only spoken with investors...
One of the logos that wasn’t splashed across the screen during the launch of Apple Pay was PayPal. Bill Ready, CEO of PayPal’s Braintree unit, sat down with MPD CEO Karen Webster to answer some tough questions about whether or not PayPal sees Apple as...
Alibaba will have a record-breaking IPO next week, but it’s Amazon that owns the future of China’s $400 billion online shopping industry, argues Peter Fuhrman, CEO of investment bank China First Capital. While Alibaba is now a $6 billion company and three-fourths all online shopping...
Walmart and Best Buy have both said that they will not initially accept Apple Pay transactions, the Wall Street Journal reported on Wednesday (Sept. 10). Due to contractual obligations with a competing mobile wallet, MCX (which Walmart founded and still dominates), neither retailer may have...
Say what you will about Apple, but when it throws one of its product rollout parties, almost everyone wants to play. With Apple’s first official step into mobile payments Tuesday (Sept. 9) and the unveiling of Apple Pay, few in payments wanted to be excluded....
We all know that for mobile payments to ignite, consumers and merchants have to see the value. But what MPD Managing Director, John Caron saw yesterday didn’t blow him away. If it’s all about payments, then he’s not convinced it’s enough to get anyone to...
With Apple out of the way, the other big “A” story in September 2014 is Alibaba and the massive IPO it is launching within the next few weeks. Several fund managers and analysts gave Ma a strong review for his pitch with Boston investors, though...
Say hello to Apple Pay. It’s the new kid on the payments block and, depending on how things unfold, it could be the new gorilla in the mobile payments ecosystem. MPD CEO Karen Webster shares her first thoughts on what Apple Pay is and how...
