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,...
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...
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...
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...
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...
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...
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...
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...
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...