Point of Sale

Acquiring
Trends Of The Week
August 30, 2014

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.” Cards Coin,...

How the Cool College Kids Will Pay On Campus
August 26, 2014

Mobile phones are a fixture on college campuses and now so are payments using nothing more than those mobile phone numbers on campus and in the stores that surround it. Bill Nyhan, CEO at PXT Payments, recently told PYMNTS how his strategy of creating ubiquity...

Karen Webster
Who’s On Your 2014 Fantasy Payments Team?
August 25, 2014

Even though the official end of Summer isn’t for another few weeks, the impending turn of the calendar pages from August to September sure signals that summer is over  . If that isn’t enough, the signs of Fall are also in great abundance: kids are...

International
A Cross Border Commerce Case Study: uSneaker and Its Missing $10 Million
August 22, 2014

The world is global, so why isn’t eCommerce? MPD CEO Karen Webster hosted a digital discussion with BlueSnap CEO Ralph Dangelmaier and President of iGlobal Stores Clint Reid to get to the bottom of why 75 percent of merchants in the US aren’t capable of...

Merchant Innovation
Merged Channel Strategies Continue To Boost Macy’s Results
August 21, 2014

The retail world is changing and Macy’s is transforming with it according to reporting in Retail Information System News.  The retail giant putting its money where its intentions are, and throwing its $1billion-plus annual CapEx budget to building their infrastructure to fulfill a variety of...

Alternative Finances
What’s In Your Inventory?
August 21, 2014

Today’s consumers have lots of expectations, and merchants increasingly must address them to stay competitive. Manhattan Associates’ recent acquisition of GlobalBay from VeriFone illustrated the urgency to react to these market changes, which reflect the growing need for omnichannel and “clienteling” support. What a business...

Hmmm
Are The Retailer Blues Over?
August 21, 2014

Although some public retail companies this week reported better second-quarter same-store results than others, for varying reasons, the mood among the merchants’ executives was good. Helping drive those feelings are positive economic signs from July that have continued into August, while some, such as Target,...

News
Square’s EMV Strategy
August 21, 2014

Square will not require retailers to buy a new version of its Square Stand point-of-sale hardware for next year’s U.S. transition to supporting EMV “chip and PIN” cards, the company said in a blog post on Wednesday (Aug. 20). Instead, a countertop version of the...

News
Square Challenger SumUp Raises $10 Million, Loses Two Founders
August 19, 2014

Mobile POS startup SumUp has pulled in more than $10 million in a Series C financing round, but is also shedding two of its founders, according to Finextra. The “double digit million dollar” round, which was led by Russian venture capital fund Life.Sreda, also included...