PayPal’s new PassPort global portal is designed to connect local merchants with customers around the world—and it’s especially applicable to back-to-school retailing, according to Payment Week. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...
Visa’s contactless payWave cards were used for more than 2 million transactions in Singapore during July 2014—more than 21.5 percent of all Visa card-present transactions for the month, e27.co reported. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...
Roomlia, a discounted hotel reservations mobile app that gives access to more than 250 hotels, launched Monday for iOS, TechCrunch reported. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...
There’s a new twist to the payments scam in which fraudsters pretend to be utilities that want “overdue” bills paid by prepaid cards, according to Electric Co-op Today. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...
Operation Choke Point has thrown light on several schisms in how banking is regulated, according to American Banker. The controversial program is putatively an attempt to regulate lenders that have a historical tendency towards being unscrupulous—the primary target that Justice Department officials refer to is...
Teen-focused retailers Abercrombie & Fitch, American Eagle Outfitters and Aeropostale have lost their cool image and are now turning to social media and improved supply chains in order to compete with cheaper, trendier rivals like H&M and Forever 21, according to the Washington Post. Get...
McDonald’s is going national with a mobile ordering and payment app, offering music and video downloads, and expanding online loyalty programs in an effort to increase sales at U.S. restaurants, according to Adweek. Get the Full Story Complete the form to unlock this article and enjoy...
Amagi Metals, an online precious metals and coin dealer in Denver, said last week that it will refuse to accept U.S. currency as payment at the end of 2016, the Denver Business Journal reported. Get the Full Story Complete the form to unlock this article...
In February, President Obama signed an executive order designed to streamline the import and export process for American businesses. The order is designed to cut processing and approval times from days to minutes for small businesses that export American-made goods and services by completing the...
