Retailers are fed up with hearing from banks and credit unions that they don’t care about payment-card security and fraud, Bank Info Security reported. “It’s issuers, merchants and cardholders who bear the brunt of fraud losses in the U.S.,” said Liz Garner, VP of the...
Much like the consumers they serve, retailers have a habit of falling in love with newness when it comes to their customer base. Adding new names to the email list, attracting new foot traffic into physical stores, drawing new eyes to the website – companies...
Almost two years after PayPal launched a handheld payment card reader for merchants in the U.K., that’s finally coming to the U.S. — and this time, it will support contactless payments and Apple Pay, too. PayPal announced the new reader at Mobile World Congress in Barcelona...
Last week, there were a couple of major announcements in the world of mobile payments that suggest that the battle for supremacy in the mobile payments world is heating up – and in a pretty big way. We’ll certainly hear and know lots more as...
Banks still haven’t sent new EMV credit and debit cards to more than two-thirds of their customers despite a looming Oct. 1 deadline, according to a new poll from CreditCards.com. According to the late-January survey of 1,038 U.S. adults, only 31 percent said they have...
Earlier this month, MasterCard kicked off its first-ever Masters of Code competition in Sydney, Australia. The 10-city event will traverse the globe, pitting developers, designers and entrepreneurs in friendly competition, using MasterCard-supplied APIs to create the most innovative prototypes for next-generation commerce applications. Just after...
Germany-based financial services and technology services company Wirecard is making point of sale payments more intelligent. The company announced that it is going to expand the range of functions for POS terminals with an intelligent payment interface that will enable the processing of payments from...
MasterCard now has cloud-based in-store mobile payments live in 15 countries, with another 10 in the pipeline, the card brand announced on Tuesday (Feb. 24). The live programs and pilots, which are underway in the U.S., Canada, Australia, Russia and across Europe, use Host Card...
With the deadline for accepting EMV payment cards now just months away, 38 percent of U.S. small merchants still don’t have plans to upgrade their point-of-sale systems, according to a new American Express survey released Tuesday (Feb. 24). Of the small retailers — merchants who...
