Payment Methods

Controversial
LevelUp’s Gift Card Grab
July 31, 2014

What does a Chief Ninja do on his summer vacation? MPD CEO Karen Webster got a chance to find out when she chatted with LevelUp Chief Ninja Seth Priebatsch about the company's latest expansion this summer, which will move LevelUp into a crowded but lucrative...

News
Minnesota Twins Test Snapshot Credit Card Application
July 31, 2014

Minnesota Twins fan? PYMNTS.com is officially sorry, it’s been a tough season. 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...

News
Why Customer Segmentation Matters In Prepaid
July 30, 2014

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...

News
Meritus Releases Update XP In Global Payment Platform
July 30, 2014

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.

B2B Payments
U.S. Bank Launches Tools For Cardless Payments
July 30, 2014

U.S. Bank will introduce new tools designed to improve virtual spending options for corporate travel at the Global Business Travel Association’s annual conference this week, according to a company statement. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...

B2B Payments
United Nations Cautions Against Paying Contractors In Cash
July 30, 2014

If state partners pay vendors for their services in cash before implementation, vendors could be tempted to discontinue supplies before implementation, says the United Nations Population Fund (UNFPA) Monitoring Team. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...

News
Recent Grad Hacks Gift Cards To Up Their Value
July 30, 2014

Muneeb Akhter failed at the first, and arguably most important, test of being a criminal mastermind—do not tell people enthusiastically about being a criminal mastermind.    Akhter admitted in a sworn statement that he had used his prodigious talents as a hacker to break into...

Company Spotlight
BJ’s Wholesale Club Latest Retailer To Move To MasterCard, Embrace EMV
July 30, 2014

What do giant jars of mayonnaise, value shoppers and EMV-compliant cards have in common?  Starting in 2015 they will all be things one can find at a BJ’s wholesale club.  The Massachusetts-based bulk store has inked an agreement with Alliance Data Systems Corporation and MasterCard...

Europe
Brits Bail On NFC And Back Biometrics
July 30, 2014

The English have spoken and it seems that they have spoken out in favor using biometric indentification as a primary identifier when it comes to securing banking services.  This insight comes from a Intelligent Environments survey that indicates almost 80 percent of British banking users...