Point of Sale

Apple Pay’s First Impressions

    The Seven Need-to-Knows About Apple’s New iPhones and Mobile Payments 1. Apple will introduce NFC-enabled iPhones–the 6 and 6 Plus of sizes 4.7” and 5.5” respectively. 2. Apple Pay is the mobile payments capability. It will tokenize cardholder payment information on a secure...

A First Look At Alibaba’s IPO Roadshow

Alibaba Group launched the roadshow for its $24 billion initial public offering in New York on Monday (Sept. 8). But although China’s e-commerce giant has updated its IPO filing six times since May, there are still unanswered questions, according to a Wall Street Journal blog....

Home Depot And Target Hit With Identical Malware

Home Depot has confirmed that its payment systems were breached at U.S. and Canadian stores, the retailer said on Monday (Sept. 8). The breach may have begun as early as April 2014, according to the chain, which is offering free identity protection services and credit...

Innovation … You Know It When You See It

How Innovative Is Payments? No one really knows how to consistently define or measure innovation. Hear me out. Tuesday (Sept. 9) is finally the day that Apple, a company that has topped just about every chart imaginable that measures innovation over the last three decades...

Over the past week, PYMNTS.com’s brief’s coverage in this newsletter has spanned a broad variety of issues. In this column, we take a look at five common elements that link many of those stories, in essence making them the “trends of the week.”   Banking...

Big Retail Investments, Huge Acquisitions And Security Reigns Supreme

PYMNTS Innovation Investment Tracker Here we are two months into Q3 and there are some interesting trends to observe in the FinTech investments space. Banking and security rule So do investments in retail payments Summer was defined by some pretty big acquisitions on both the...

What PayPal Here’s New SDK Means For Its POS Strategy

PayPal is extending the software behind its PayPal Here payment-card-reading device so that the system will also work with brick-and-mortar stores’ existing countertop payment-card readers, TechCrunch reported on Thursday (Sept. 4). The extension takes the form of a software development kit (SDK) and it is being...

Apple To Get Rebates From Issuers on Fees

Apple has reportedly negotiated deals with several leading issuers to extend card present rates to Apple for all transactions involving their cards with Apple’s new mobile payments scheme. On top of that concession, they have agreed to give Apple back part of the card present...

The Amazon mPOS Effect

Amazon’s been in the market for about a month with its mPOS solution and theories abound about the impact that it will have on the mPOS ecosystem. Eric Hoffman, SVP and U.S. General Manager for ROAM is pretty bullish on the opportunities that it will...