More than 575 million U.S. payment cards will include EMV chips by the end of next year, according to a statement issued jointly from Visa and MasterCard on Wednesday (Aug. 13). That number is partially based on EMV shipment plans from nine key card issuers:...
PayPal is considering rolling the dice on the online gambling marketplace. According to reports first published in Online Poker Report’s daily news letter, and followed-up on Twitter, sources have told OPR’s Chris Grove that PayPal is investigating a return to processing payments in the U.S....
A Russian national has been indicted for a series of cyber attacks against financial institutions (including Chase Bank, Capital One, Citibank and the Boeing Employees’ Credit Union) and retail POS in the U.S., as well as for running various carding forums that resold payment card...
Prepaid programs have long been criticized for its hidden and excessive fees, the “cost of doing business” with a customer base that is subject to lots of churn and requires a lot of customer service. Patricia McPeak, i2c’s VP of Products, acknowledges that the industry...
Amazon on Wednesday (Aug. 13) introduced its own mPOS package—to be called Amazon Local Register—and focused on the tune it knows that SMB retailers want to hear: lower merchant fees than Square and PayPal Here. Get the Full Story Complete the form to unlock this article and...
Preparing to leverage its success in the taxicab arena, Uber is preparing a public API that would allow developers to throw a similar “request button” on an unlimited number of apps, TechCrunch reported Tuesday (Aug. 12). Get the Full Story Complete the form to unlock...
One might think that iZettle gets tired of being called the “European version of Square.” Sure—they are both leading mobile point of sale systems that bring the wonders of credit card acceptance to small businesses, but the comparisons are seemingly unending. Running a Google News...
Suppose there was a way for a retailer to insert themselves into the consumer’s transaction stream, real time, and without disrupting the checkout process? Jingit CEO Joe Rogness recently sat down with PYMNTS to explain how they do this not only without “being creepy” but...
Do Visa and MasterCard have enough control over the U.S. payment card market that they can violate a smart card patent. A federal appeals court last week began hearing arguments in a case in which card vendor SmartMetric Inc. contends they do, and have. Get...
