Many older brick and mortar chains are still using POS systems that are outdated and costly as compared to newer, state-of-the-art POS technology, according to VentureBeat. Because of this, payments startup Zing released a new POS platform “presented as a way to ditch clunk, old...
Prepaid products have struggled to find their footing in many markets, in spite of the rapid growth reported in the segment. One reason is a “one size fits all” approach to prepaid program development. i2c General Manager Scott Salmon tells PYMNTS how data can help...
Meritus Payments Solutions announced yesterday that it launched Update XP, its new account updater solution, according to a company release. In partnership with its global payment platform Payment XP, major credit card companies can electronically exchange up-to-date card account information.
Recent study indicates that consumers do not want to be passive participants when protect their online security. While unsurprisingly widely dissatisfied with retailers and their capacity to meaningfully protect their data, the people who are seeing their data breached over and over are increasingly looking...
According to some researches, the enthusiasm consumers feel for furniture they built themselves may not be, strictly speaking, rational. It’s called the “Ikea Effect” and it holds that consumers start placing outsized value on things they built themselves, simply because they mixed their labor with it...
While omnichannel remains an important focus of most retailers, most merchants say they lack the capabilities to support it. Yet most have plans to implement mPOS by 2016. Why? Because they view it as an enabler to the biggest merchant initiative of this decade: omnichannel....
So, whaddaya know? Big retailers and micro-merchants have the very same goals: serve their customers where their customers want to buy. And mPOS is the tool they are both using to deliver that proposition. For instance, big retailers no longer think of “line busting” as...
It’s baacck. About twenty years ago, the big corporate buzzword was “glocal” – the global-plus-local business strategy that defined how multinationals would compete successfully on a global stage. Well, “glocal” is not only back, it’s the imprimatur of a strategy that makes the most of...
Are there people in the world who want to make in-app purchases when they aren’t in an app? Are people wondering if their barbarian needs a new sword, even when they aren’t defending their virtual fiefdom? Facebook is betting that there are, and is helping...
