Visa CEO Charlie Scharf is trying to change the payments conversation, from reaching out to retailers—some of whom, he freely admits, “hate” Visa—to embracing mobile and cyber currency strategies, according to an extensive BusinessWeek profile published Thursday (Oct. 2). Get the Full Story Complete the...
For several hours on Wednesday (Oct. 1), PayPal transactions disappeared and PayPal, while acknowledging that something happened, hasn’t yet shared what that was. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...
Digital River, a commerce-as-a-service vendor, on Wednesday (Oct. 1) said that it would support Apple Pay on its mPOS line. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....
Bill Gates thinks Apple Pay is a powerful move forward for the payments space and anticipates it will set in motion a wide range of positive developments. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...
Groupon is moving to modernize the grocery business, with a new mobile app—called Snap—that gives customers money back after they upload photos of their receipts. But while Groupon is trying to modernize grocery with its rollout Thursday (Oct. 2), inertia is forcing some of the...
A Detroit-based firm called Locqus is launching a mobile app designed to support small businesses—along the lines of “plumbers, handymen and landscaping companies”—to coordinate jobs and payments with customers. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...
There’s nothing better than a juicy story. And the juicy story this week was what is said to have lead up to the decision of the eBay Board to spin off PayPal. What’s been reported “according to sources that have knowledge” on both the PayPal...
Macy’s has been incrementally building its merged channel capabilities for years. The chain has repeated the same process again and again: Start with a small-scale test of an in-store feature, such as Macy’s “Store to Door” program, in which if one store is out of an...
Victor Ho, the CEO of 3-year-old loyalty firm FiveStars, has become a veteran of the capital-raising game as he has built his firm to support more than 5,500 merchants and about 4 million cardholding shoppers. Get the Full Story Complete the form to unlock this...
