News

UK Payments Council: Let’s Add More Data To Electronic Payments
December 22, 2014

The U.K.’s Payments Council is exploring options for providing more information with business and consumer electronic payment transactions, Finextra reported. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....

Starbucks To Square: No More Mobile Pay For You
December 22, 2014

Starbucks, the coffeehouse giant that payments startup Square hoped would help it break in among big retailers, will no longer be accepting Square’s app for mobile payments, ReadWrite reported. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...

Apple Pay
Apple Pay Starts Strong, Considering
December 22, 2014

Apple Pay could pose a significant threat to PayPal’s current dominance in digital payments, according to a report by investment company ITG, which says Apple Pay was responsible for 1 percent of digital payment dollars in November — but half of Apple Pay use was...

PayPal: What Are You Wearing?
December 22, 2014

More than two-thirds of Americans wear sweats or pajamas while shopping online or on mobile devices. How do we know this? Because PayPal asked, according to eCommerceBytes. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...

EBay CEO’s Exit Payoff: $23M
December 22, 2014

EBay CEO John Donahoe will collect an estimated $23 million when he leaves the company after it spins off its PayPal payments unit next year, Reuters reported. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...

15 Percent Are Last-Minute Shoppers
December 22, 2014

Almost one in every six holiday shoppers waits until the last minute to do their gift buying, according to a new survey by location-based promotion service Retale. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...

News
Norton’s Cyberthief-Blocking Jeans
December 22, 2014

Forget about wallets that protect your contactless credit and debit cards. San Francisco “Internet clothing company” Betabrand says it has a better solution: $168 men’s jeans and a $195 women’s blazer that come with pockets specifically tailored to block radio waves from the NFC chips...

Payment Methods
CommerceHub Buying Mercent
December 22, 2014

E-Commerce vendor CommerceHub on Friday (Dec. 19) announced its intent to buy Mercent, a retail tech company based in Seattle. The deal is expected to be finalized in January 2015, subject to customary closing conditions, the companies said. Get the Full Story Complete the form...

Alternative Finances
What Payments Players Want Under The Tree
December 20, 2014

The end is near!  Well at least in terms of holiday retail is concerned.  As the sun rises on Panic aka Super Saturday, American consumers can be split almost evenly into two groups – those who can congratulate themselves on having already completed their Christmas...