Point of Sale

Five Steps For ‘Future-Proofing’ Retail Payment Solutions
January 16, 2015

Two of the top challenges that financial institutions must face today include needs-based and multi-channel payments. Digital business is blurring the boundaries between industries, but one big question remains: will traditional payments be one of them? In a recently debuted video, Gartner along with Alaric,...

Apple Pay Goes Live At Another Grocery Chain, And It Wasn’t As Easy As It...
January 16, 2015

Apple Pay has gone live at yet another regional grocery group. The 217 Lucky, Save Mart and FoodMaxx supermarkets in Northern California and Nevada now all officially support Apple’s mobile payment system, their corporate parent announced on Thursday (Jan. 15). The official rollout comes weeks...

Retail Sales In December: A Blip, Or A Reason For Concern
January 15, 2015

The conventional wisdom that falling oil prices are a catalyst for increased consumer spending took a major hit yesterday (January 14) with the release of the U.S, retail sales number by the Commerce Department. The figures released indicate that retail sales suffered their largest decline...

Company Spotlight
The 9 Things We Learned About mPOS in 2014
January 15, 2015

2014 was the that mPOS went mainstream: mPOS became ATMs, mPOS enabled-Apple Pay, and existing mPOS platforms delivered a whole new level of functionality. We tracked 136 companies over the last year and have 9 key takeaways about the mPOS marketplace. The latest PYMNTS mPOS...

Apple Pay
Apple Watch Will Use A Four-Digit PIN For Payments
January 15, 2015

Apple Watch will use a four-digit passcode that users must type before making Apple Pay payments, CSO Australia reported on Wednesday (Jan. 14). Details of the Apple Watch payment process emerged by way of an unreleased companion app that Apple has been developing. The companion...

News
First Data Plugs Into UL Tools For EMV Migration
January 14, 2015

With the clock ticking down toward the October 2015 deadline for retailers to accept EMV chip payment cards, First Data said it will offer its customers EMV testing tools that have been certified by Visa and MasterCard. The payments processing giant has struck a deal...

American History’s Invisible Innovator
January 13, 2015

“There is an elegant memorial in Washington to Jefferson, but none to Hamilton. However, if you seek Hamilton’s monument, look around. You are living in it.” -George Will If asked what Alexander Hamilton looks like, Most people would likely profess to have no idea, even though...

International
In Japan, An HR Conglomerate Uses Payments To Get A Foot In The Door
January 13, 2015

Small-business point-of-sale products can come from unexpected places — but from a Human Resources conglomerate based in Japan? That’s the improbably source for a rapidly growing POS product, according to Tech in Asia. The $2 billion conglomerate is Recruit, a privately held Tokyo-based company whose...

Apple Pay’s Canadian Plans
January 12, 2015

Apple Pay is heading north, with a Canadian launch planned for early 2015, according to sources cited by 9to5 Mac.  The same sources note that Apple and Canadian launch partners  are now working through the planned promotion and advertising of the platform geared for March...