There are few subjects that highlight the chasm of opinions between payments players quite like EMV. That EMV is coming: of that there can be no doubt. In a little more than a year, merchants will either have to have to upgrade their terminals to...
Sinclair Oil Corp. has signed a 10-year contract with WEX Inc. which will make the Portland base fuel services company the exclusive fleet card provider for Sinclair’s Fleet Track Card program. Get the Full Story Complete the form to unlock this article and enjoy unlimited...
Apple Pay officially rolled out on Monday and consumers and retailers both have had some time to get their feet wet with this new mobile payments platform. So, what’s the verdict so far? Well, Peter Osberg, Senior Vice President at EVO Payments International tells MPD...
After accepting Apple Pay at all of its stores on the Apple Pay launch day on Monday (Oct. 20), the $26 billion 4,600-store Rite Aid pharmacy chain apparently changed its mind and yanked support from those stores Wednesday (Oct. 22), with no official explanation, according...
It’s not easy to justify to investors how you can make $20 billion in revenue and still lose money, but that’s the question Amazon CFO Tom Szkutak had to answer repeatedly when defending Amazon’s vision for growth. Get the Full Story Complete the form to unlock this article and enjoy unlimited...
Visa and MasterCard have won a reprieve from Russia’s demand that the card brands pay more than $1 billion each to continue operating in the country, Russia Beyond the Headlines reported. Get the Full Story Complete the form to unlock this article and enjoy unlimited...
Alibaba’s biggest rival in China, Tencent, has just led a $350 million funding round for a startup called Koudai Gouwu that could challenge Alibaba where it’s weakest: mobile shopping. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...
Apple has signed up more than 500 banks for Apple Pay, but some bank executives whose institutions are on board with the new payments system are feeling defensive, according to American Banker. Get the Full Story Complete the form to unlock this article and enjoy...
Flint Mobile, a startup built around letting users snap photos of a credit card to make payments, has raised another $9.4 million in funding and announced an online version of its service, according to TechCrunch. Get the Full Story Complete the form to unlock this...
