Point of Sale

WeChat API Extends Payments To Developers
November 11, 2014

Tencent-owned WeChat has just made mobile shopping even easier for its users. The instant messaging app announced Friday (Nov. 7) the launch of an API (application programming interface) that allows mobile app developers to connect directly to WeChat official accounts, a TechNode report says. It’s...

Apple Pay
Target Employees Testing CurrentC
November 11, 2014

Target, one of the founders of MCX’s CurrentC mobile payment effort, has been using its employees to test the program, the Minneapolis Star-Tribune reported Nov. 4. Target spokesman Eddie Baeb was quoted at that time saying that some Target headquarters employees had been testing CurrentC...

Apple Pay
Why Apple Pay Needs Merchants More Than Merchants Need Apple Pay
November 10, 2014

There are three things that I think we’d all agree are irrefutable outcomes of the launch of Apple Pay. Apple Pay has dominated just about conversation about mobile payments since 9/9. Apple Pay was the kick in the pants that everyone in the ecosystem needed...

PayAnywhere 3.0 Enables PayPal Photo Check-In
November 10, 2014

North American Bancard announced the launch of PayAnywhere 3.0, the newest version of its point-of-sale solution, at Money 20/20 in Las Vegas, according to a company release.

International
Beacon Obstacles Starting To Melt
November 10, 2014

Beacon executives at the ad:tech New York conference claim that nearly five million beacons will be deployed over the next five years.  The execs did acknowledge that beacon adoption has been slower in the U.S. than in other geographies, but expect to see those difference...

Apple Pay
The iPhone’s Big Security Flaw
November 10, 2014

Welcome to the bigtime, iPhone. You’re now subject to the same nasty malware as everyone else. What changed is a Silicon Valley security firm—Palo Alto Networks—came across some malware called Wirelurker, which is focused on iOS devices, according to a report in The Verge. The...

Acquiring
The Week in Payments Picks, Predictions, Pans and Pushes
November 08, 2014

Payments players around the globe gathered last week to chat about all things payments and commerce.  As you might expect, there were lots of new products, big ideas and big predictionsshared. We thought you’d like to see the things that we thought were worth sharing....

Merchant Innovation
The Power of Mobile Payments At the Gas Pump
November 07, 2014

Mobile commerce is breathing new life into retail – even at gas pumps and convenience stores. For certain consumers, that means purchasing everyday items like fuel or a soda or a newspaper is about to get a lot quicker and a lot more convenient. In...

Alternative Finances
More Regulator Attention, Enhanced mPos Traction And Lots of Criminal Interest
November 07, 2014

PYMNTS.com Bitcoin Price and Volatility index. Bitcoin Tracker | Week 48     The United States and its many different members and offices that make up government continue to be very divided on how to handle crypto currencies. From the commissioner of the U.S. Commodity Futures Trading...