What can mobile devices do to improve the top line at QSRs? Plenty. From shortening wait times to powering new lines of business to serving as back up technology, mobile devices – and the enabling platforms that power them – are opening a new world of options...
Like a manned Mars mission, it’s easy to believe total consumer mobile wallet adoption is an inevitable, if predictable, conclusion to current trends. But, despite how captivating both ideas can be, it seems increasingly unlikely that we’ll see the fruition of either in our lifetimes....
Discover Financial Services released its second-quarter earnings report on July 23, announcing a 15 percent rise in quarterly profit, according to an SEC filing. The company earned $602 million over the three-month period, or $1.20 per share. These figures were up from the $525 million...
Maryland-based fee-free ATM network provider Allpoint Network announced a new partnership with Discover on July 22, a press release for the company said. Discover card users can now gain free access to cash at Allpoint’s network of 43,000 ATMs. “In the direct banking environment, account...
“Discover is building a global payments business, and as such, you need to have acceptance.” According to Gerry Wagner, vice president of global acceptance at Discover, such is the simple yet practical logic behind his company’s deal with Barclaycard: a pairing that made headlines around...
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...
Jun 4, 2013 French coupon advertising platform Shopmium ended its Series B funding round with $5.6 million in capital, according to TechCrunch. The money came from investors including Accel Partners, ISAI and Ventech, which added to Shopmium’s undisclosed seed funding earnings. Shopmium’s CEO said the...
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...
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...
