Point of Sale

Loyalty & Rewards
Wendy’s Serves Up New Mobile Payments System
February 09, 2015

Wendy’s is looking to payments as a way to pull customers in and keep them returning. The fast-food chain is installing a standardized point-of-sale system in more than 2,600 locations to use as a mobile marketing platform, Mobile Commerce Daily reported. The common POS system,...

Consumers Claim To Shop More Online, But Do They?
February 06, 2015

It might seem weird to think of the benefits of online shopping as more of a theory than a practice, especially when the advantages of having near-bottomless inventory and quick price comparisons are so clear, but according to new survey data from the IBM Institute...

Where Flint Finds Its Spark
February 05, 2015

Greg Goldfarb may be one of the only merchant innovators Karen Webster has ever talked to whose company is not about to develop its own mobile wallet. The reason, says Goldfarb, CEO and co-founder of Flint Mobile, is that “simplicity is king” – for small...

Blurred Lines: Card Present And Card-Not-Present
February 04, 2015

Tim Cook may say that 2015 is the “Year of Apple Pay” but 2015 might be the year in which the split between card-present, NFC, in-store, card-not-present, online and in-app, begin to disappear, Matt Barr, SVP of Emerging Payments for the U.S., MasterCard told MPD...

PayPal’s In-Store Shopping Division Hit Hardest In First Round Of Lay-Offs
February 03, 2015

About a month after they were first announced, the big layoffs at eBay and PayPal have begun. On Monday, eBay and PayPal employees who were losing their jobs as part of the cuts were notified, multiple sources told Re/code. Management is reportedly looking to simplify operations...

Amazon To Buy Some RadioShack Locations?
February 03, 2015

In an attempt to shore up its emerging brick-and-mortar business, Amazon.com Inc. is in talks about acquiring some RadioShack Corp. locations after the electronics chain files for bankruptcy, two people with knowledge of the matter said according to Bloomberg. RadioShack stores have been considered potentially...

Americans Pocketing Gas-Price Savings
February 02, 2015

Lower gas prices have allowed Americans to put money back in their wallets…and that’s exactly where that money is staying. The Wall Street Journal reports that despite saving about $60 a month from lower gas prices, American consumers are not putting their savings toward discretionary...

Visa Europe to Spend EUR 200 Million on Digital Payment Technology
January 30, 2015

Responding to company reports that contactless and digital payments have grown in 2014, especially in Europe, Visa Europe on Jan. 29 formally announced a plan to invest an additional 200 million euro into developing its digital payment technology, which had been suggested as early as...

Redefining ‘Integrated Payments’ At The POS
January 29, 2015

Some thirty years ago, what made Datacap Systems, Inc. unique was that it was first to bring integrated payments into cash register technology. Now, as POS technology has evolved, the meaning of the buzzword “integrated payments” to traditional acquirers and innovators alike has completely morphed...