Blackhawk Network announced that it has completed the acquisition of Dallas, Texas-based CardLab, Inc., and online provider of prepaid and rewards cards. The move comes as part of Blackhawk’s overall transition to expand their business beyond the physical retailer into B2B channels that see cards used as inentives...
Incumbents such as Western Union and MoneyGram do it. Traditional players do it. So, still, do some banks. And Telcos do too in some markets. The “it” is enable people to move money to each other in and between countries. Hugo Cuevas-Mohr shares insights gleaned...
While many in the retail and payments space are waiting to see if Apple will delivery on all the speculation on its future as the brand that launched mobile payments, at least one major chain says the see the potential for the future in the...
Regardless of Apple Pay’s long run success, we’ve all just witnessed an inflection point in payments – a point in time after which nothing will ever be the same. What happens over the next three to five years will likely decide the direction of payments...
Apple recently approached Square about becoming part of the Apple family, but talks ended abruptly when Apple was only willing to pay $3 billion, which is half of the company’s current valuation, according to a report in TechCrunch. Get the Full Story Complete the form...
McDonald’s Chief Digital Officer Atif Rafiq was talking with a reporter last week about how “seamless” and easy McDonald’s will incorporate ApplePay, which makes sense given how the chain has been accepting contactless payments for years. (We didn’t say that they had accepted a lot of...
Though there has been a lot of talk and media coverage about the tremendous potential mobile payments offer to the poor, underbanked and financially disenfranchised around the world–minus a few bright spots (M-Pesa) the progress of mobile in bridging the gap between the banked and...
Amazon is formally pulling the plug on it free person-to-person funds transfer service WebPay as of October 13, 2014. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe...
Given that Walmart’s own mobile payment plan—MCX, now branded as CurrentC—has no plans to go live nationally until next year, the world’s largest retail chain will not initially support Apple Pay, which is accepted to start accepting payments next month. But the anti-interchange mode of...
