News

PayPal’s Digital Gift Card Play
November 17, 2014

With research showing time and time again how popular gift cards are for the holidays, there seems to be no better time for PayPal’s latest announcement. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...

Karen Webster
The Sure Fire Merchant Interchange Fee Fix
November 17, 2014

I’m sure you’ve heard by now that the internet was on fire last week, and nearly broke. Yes, there was that Kim Kardashian Paper magazine cover that apparently got a few clicks. But what really set tongues a waggin’ – in payments at least –...

News
Holiday’s $31B Gift To Payments
November 17, 2014

Holiday shoppers will spend a record-breaking $31 billion on gift cards this year, according to a survey of more than 6,000 consumers by the National Retail Federation. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...

One-Third (Laid) Off At Fancy
November 17, 2014

According to Business Insider reports, e-commerce shop Fancy has laid off about 1/3 of its employees. There have also been talks to sell the company to eBay for nearly $1 billion. Get the Full Story Complete the form to unlock this article and enjoy unlimited...

News
The Newest Merchant Tool To Fight POS Fraud
November 17, 2014

The PCI Security Standards Council has done a breakdown of how recent high-profile security breaches have occurred, and how merchants of all sizes can defend against the risk of being hacked, Payment Week reported. Get the Full Story Complete the form to unlock this article...

Apple Cuts UnionPay Deal, Apple Pay Not Part
November 17, 2014

Despite Visa and MasterCard still struggling to get into the Chinese market, Apple has found one way, working out an agreement with UnionPay to make it easier for Apple apps to be purchased there. In exchange, Apple will let Chinese consumers pay with UnionPay for...

International
Visa, MasterCard Still Struggling With China
November 17, 2014

Contrary to recent inviting signals from Chinese Premier Li Keqiang, executives with MasterCard and Visa are finding it increasingly difficult to get permission to do business in China. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...

B2B Payments
Lyft’s Employee Expense Account Plan
November 16, 2014

Considering how much time employees spending filling out expense reports and then how much accounts payable spend in processing those reports—let’s not even mention the time various managers spend approving these expense reports–, the question crops up periodically whether companies could save money and boost...

B2B Vendor Global Healthcare Exchange Buying Vendormate
November 16, 2014

Global Healthcare Exchange (GHX) has agreed to buy Atlanta’s Vendormate for an unspecified amount. GHX handles business network connectivity and payments issues for some 4,000 hospitals and 18,000 provider facilities, which the firm says repreasents “more than 80 percent” of U.S. hospitals and their U.S....