Digital payments are expected to rise to $4.7 trillion by 2019—nearly doubling their current value of $2.5 trillion, according to new research released by Juniper Research. “While we are now seeing contactless transactions scaling up in markets such as Australia, Poland and the UK, almost all...
Pop quiz. How does Apple make money? Selling hardware. Very good. So, is anyone really surprised that it may have its own plans to sell its own iBeacon transmitter? Well, recent filings with the Federal Communications Commission would suggest that is exactly what’s on the...
Last week Intuit announced the launch of PayWithBitcoin, a new service that integrates its new online bitcoin wallet with processing provider Coinbase. PYMNTS spoke to Manish Shah and Clinton Neilsen, the two Intuit engineers who are the brains behind this Bitcoin payments integration. But will...
In what has turned out to be a spectacularly dramatic launch for Lyft—the ridesharing service that allows customers to solicit a ride from their smart phone and pay a “donation” rather than a straight cab fare—it seems the start-up and the state of New York...
A changing of the guard is underway at NetSpend, a TSYS company, as veteran CEO Dan Henry will be stepping down and Chuck Harris, who has been named senior executive vice president of TSYS – and who will stay on a president of NetSpend –...
Marriott International has announced the launch of LocalPerks, a new feature within its Rewards program that uses iBeacons to follow and reach hotel patrons with push notifications. “[We’re] taking aim at the next generation traveler and really making sure we’re addressing their needs,” says Karin...
Walmart’s low price guarantee, wherein the company will match a lower advertised competitor’s price, has one interesting exception—it’s own website. Such was the lesson an Atlanta shopper recently learned, reports the Atlanta Journal Constitution, when attempting to purchase Legos for his son, first online and then in-store. What the...
Business travelers have yet another security concern when they are on the road, particularly if they are frequent flyers at their hotels’ business centers. According to new information reported on Krebs On Security, the U.S. Secret Service is warning business travellers that cyber criminals have...
According to new data released by mobile commerce technology provider Branding Brand, the number of mobile transactions made on smartphones doubled between June 2013 and June 2014, from 5 percent to 10 percent. The numbers on conversions for retailers on mobile phones also increased, though...
