Topic:

Payment Systems

Latest Headlines

Latest Headlines

Are eBay and PayPal better together? Icahn says no

EBay is addressing a move by activist investor Carl Icahn to spin off PayPal by issuing what amounts to a love letter to shareholders, extolling the virtues of the symbiotic relationship.

Meijer testing hybrid self-checkout

Just when you thought self-checkout was dead, a hybrid version rears its head as Meijer joins the ranks of retailers looking to implement a new form of the technology.

Sam's Club boots Discover, partners with MasterCard

Discover is out and MasterCard is in at Sam's Club. The retailer has finalized a multi-year agreement with GE Capital Retail Bank to manage its co-branded credit cards in the U.S. and Puerto Rico.

Amazon offers free payment processing to startup retailers

Amazon has certainly been promoting the heck out of its Login and Pay with Amazon service for the past few months. Now, online retailers that sign up for Login and Pay are eligible to receive free payment processing for transactions made through Amazon Payments, up to $10,000 in one year.

Why credit card fees must be slashed

Walmart's recent lawsuit against Visa for $5 billion, accusing the credit and debit card network of excessively high card swipe fees, is just the latest example of an extremely flawed system that is unfair to retailers and shoppers.

Momentum to implement mobile payments grows

Shoppers don't just want, they expect, mobile payments and retailers that aren't on board will be left behind. That's the message behind a new study by MasterCard and Prime Research.

5 Women driving payments innovation

The Innovation Project has announced finalists in the Women Driving Payments Innovation Award. This award, new in 2014 and done jointly with W.net, Women's Network in Electronic Transactions, is designed to honor female leaders in the fields of payments and commerce innovation. The finalists hail from Discover Financial Services, Western Union, WEX, Inc., Montise and Citibank.

Lord & Taylor adds bitcoin mobile payment option

Lord & Taylor has added a bitcoin option for mobile shoppers paying with mobile app, Pounce. The app lets shoppers snap photos of images in print advertisements on their smartphone and make a mobile payment. 

Mircosoft adds nag screens as Window XP end nears

In early 2013, Microsoft told XP users: "If your organization has not started the migration to a modern desktop, you are late." More than a year later, the tone has shifted from bold declarations to nagging reminders.

MasterCard tests payment cards that require user's smartphone to be nearby

MasterCard announced on Tuesday that it has partnered with Syniverse, a mobile technology company, to develop an opt-in pilot which allows users to make a credit card transaction only when they have their mobile device in the same geographic location. In essence, if the phone is near the place where the card is used, then the transaction is approved.