Point of Sale

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...

A Merchant’s Step-By-Step Guide To EMV Implementation
January 28, 2015

The occurrence of several major data breaches last year stirred anxiety among cardholder security stakeholders. That, of course, has led to a significant push toward EMV enablement and additional layered security approaches across the U.S. In a new whitepaper, Moneris Solutions unveils a step-by-step guide...

Mobile
Swyp Mimics All Your Cards And Guesses Which One You Want To Use
January 28, 2015

Not everyone thinks the right way to keep from carrying all those plastic payment cards is to electronically put them all on your smartphone. A startup called Qvivr wants you to put them all on just one metal payment card, according to VentureBeat. A card...

News
i2c Chosen To Power Expansion For Tuxedo Money Solutions
January 27, 2015

uxedo Money Solutions, a UK-based international payments technology firm, has announced its partnership with i2c Inc., a Silicon Valley based global payments processor. According to an i2c release, the two are targeting the emerging financial sector, and will leverage their financial services knowledge and payment...