Samsung won’t be charging anyone for Samsung Pay when it rolls out the mobile payment service in Korea — not card issuing banks and not payment processors, Business Korea reported on Monday (March 9). Get the Full Story Complete the form to unlock this article...
South Korea has officially cut off the use of magnetic-stripe payment cards for getting cash at ATMs, according to English-language newspaper, The Korea Herald. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...
Another point-of-sale vendor has been hit by cyberthieves. NEXTEP Systems has confirmed that a breach exposed payment card data for cards used at the Zoup restaurant chain, which uses POS devices from NEXTEP, Krebs on Security reported. Get the Full Story Complete the form to...
Sandwich chain Subway is testing a link between its loyalty program and access to its in-store Wi-Fi – and it’s trying out the new approach in some places that aren’t accustomed to being mobile technology guinea pigs. Get the Full Story Complete the form to...
A consumer-issues strategy group is pushing card-issuing U.S. banks to support PINs when they issue new EMV chip cards this year, and not just the chip-and-signature approach that Visa and MasterCard are allowing them to use, Finextra reported on Monday (March 9). Get the Full...
Alibaba is shaking up its e-commerce operations in China, putting all three of its major platforms under Alibaba co-founder Jeff Zhang, Reuters reported on Monday (March 9). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...
The ongoing workers dispute within southern California shipping ports may have tangled a major supplier artery for the nation, but a new product emerging from Long Beach aims to facilitate shippers’ operations. Get the Full Story Complete the form to unlock this article and enjoy...
The Remittance Coalition, an association of professionals promoting electronic business-to-business payments and data exchanges, is looking to launch a new platform to accelerate the group’s goals of more efficient business payments. Get the Full Story Complete the form to unlock this article and enjoy unlimited...
As China’s economy begins to hit the brakes and small businesses in the nation are increasingly defaulting on their loan repayments, bank watchdogs are looking to take action. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...
