To build an MPOS solution, or to buy one: that is the question. As retailers and merchants look to build out their unique mobile point of sale platforms, they’re faced with no shortage of difficult questions. How can they produce a solution specific enough to...
Hardware is the razor, and software is the blade. That’s the strongest analogy made in PYMNTS.com’s May 2013 edition of our MPOS Tracker: a monthly report designed to organize a chaotic and dynamic MPOS ecosystem. This month’s iteration highlighted the increasing importance of software in...
Prepaid payment network Blackhawk and mobile payments service Montise are teaming up, according to a new press release. Citing growing consumer demand globally, the companies plan to allow consumers to purchase gift cards through select banks and financial institutions. The partnership will allow for the...
IP Commerce is shutting down its payments processing business, citing competition, according to Business Week. Backed by investors such as Intel and Venrock, IP Commerce handles some card processing for companies such as Groupon and had previously been used by Square. “As the commoditization of...
What leads an established payments powerhouse to reengineer an already popular platform? According to Julie Loeger, SVP of brand and acquisition at Discover, the answer is simple: listening to the consumer. PYMNTS.com spoke with Loeger to get a behind-the-scenes look at the creation of Discover’s...
Monitise unveiled Monitise mPOS today, a white-label mobile payment service aimed at acquirers, banks and mobile operators. Called a “complete mobile payment solution for businesses of all sizes,” the new service brings the company’s product offerings into a field already settled by Payleven and PayPal...
As part of a move to “strengthen issuer relationships,” Visa Offers announced a processing enhancement on May 13 that aims to make altering and redeeming discounts through the platform an easier, more effective experience for both merchants and their customers. “Visa has a long history...
Monitise gained further support from high-profile partner Visa Europe last week when it signed a three-year commercial deal with the payments business. According to The Paypers, the partnership will focus on the development of mCommerce solutions and mobile money payments. Visa Europe also gained warrants...
New York-based startup CardFlight announced the launch of its service in private beta on May 8, saying the new tool will provide mobile developers and payment processors with another avenue for connection. Like PayPayl, Square and Intuit, the service includes a point-of-sale system and card...
