Payment Methods

Apple Pay Recommends Six Processors—And PayPal’s Not One Of Them
September 15, 2014

On the one hand, Apple and PayPal have been partners for almost a decade, notes ReadWrite, going all of the way to the early iTunes Music Store days. But given that PayPal has been actively pushing its own mobile payment app as a retail in-store...

Company Spotlight
Taxis Call A Truce In NYC, Sort Of
September 15, 2014

New York City’s two competing systems to pay for cab rides by mobile app have struck a truce, so passengers no longer have to guess which one works in what cab. On Wednesday (Sept. 10), VeriFone, whose Way2ride system worked in about half of NYC’s...

Controversial
Home Depot Cyberthieves Took Advantage of Security Upgrade Delays
September 15, 2014

For those corporate employees who get frustrated by the slowness of decisions and the glacial pace of deployments, take comfort in the fact that this slowness was a gift for cyberthieves who wanted to—and successfully did—attack Home Depot. The attackers literally took advantage of the...

Mobile
Banks Went The Apple Way
September 12, 2014

The mobile payment relationship between the major banks and Apple is, to put mildly, a delicate one. Apple’s move has the potential to vastly increase mobile payment revenue, which would create a potentially highly lucrative new market for the banks. But the precise details of...

Apple Pay
China UnionPay Partners With Apple Pay
September 12, 2014

The relative dominance of the QR code in the Chinese mobile payments market may be coming to an end, are at least facing its first serious challenger, as a new player rolls into town—Apple Pay. Get the Full Story Complete the form to unlock this...

Apple Pay Drives Verifone Sales
September 12, 2014

The announcement by Apple that they are going into the payments business as been good news point of sale tech maker Verifone. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...

Report Says Shoppers Not Wild About Mobile Payments
September 12, 2014

It looks like Apple might have a tougher time jumping into mobile payments than the euphoric press coverage would indicated, since the consumer population seems persistently dedicated to their total lack of enthusiasm for using their phone as a payment method. Get the Full Story...

Alternative Finances
Drug Dealer’s Best Friends Are Bitcoin, Prepaid Debit
September 12, 2014

For those who say there is no e-commerce application for social media the drug dealing population of Instagram stand as a stark, if weird, counter-example.  These enterprising black market enthusiasts present a convenient online marketplace for pot, heroine, cocaine and pretty much anything else the...

Can An Apple (Pay) A Day Keep The Bitcoins Away?
September 12, 2014

PYMNTS.com Bitcoin Price and Volatility index. 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 to our daily newsletter, PYMNTS Today. By completing this form, you agree to...