News

B2B Payments
New Partnership Enables Customer Payments at 2K Locations
May 13, 2014

A North American bill pay technology provider, TIO Networks announced a partnership with New Jersey’s Public Service Electric and Gas Company (PSE&G), to set up bill payment kiosks in 16 of the companies walk-in customer service centers. Get the Full Story Complete the form to unlock this...

Cool
Point And Click With No Schtick
May 13, 2014

XX Startups promise to make payments life a breeze. EMV. eCommerce. OpenStack. All at the click of a mouse.

B2B Payments
Everyone Wants A Piece of SMB Week
May 13, 2014

President Obama made National Small Business Week official, even signing a proclamation to do so. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter,...

First Data: April Same-Store Spending Up 4.1 percent
May 12, 2014

Warmer weather last month got more folks to leave their homes, and to shop. Same-store spending in April grew 4.1 percent, a full percentage point above March’s year-over-year growth, according to First Data’s SpendTrend report. Other research, however, suggests consumer confidence in their financial situation...

Mobile Commerce
Cashless Society? Are We Nearly There?
May 12, 2014

Maybe the cards filling up consumers’ wallets are just making less room for cash, but nearly eight out of 10 (78 percent) U.S. consumers carry less than $50 with them at any one time, with 49 percent carrying $20 or less, new survey data show....

Merchant Innovation
Square Ditches Its Mobile Wallet
May 12, 2014

As of May 12th, Square will no longer be offering its mobile wallet for download from either the Apple or Google stores, though they are now offering Square Order. This function will allow users to both pick-up orders from, and pay at  Square merchants right from...

Commentary
Alibaba: The Other 550M Gorilla in Payments
May 12, 2014

While everyone in payments has been focused on another player out west whose name begins with an “A” no one has really paid much attention to the other one even father west with even greater payments and commerce ambitions. MPD CEO Karen Webster gives you...

Media Center
Budgeting: Are Prepaid Cards the Future of Personal Financial Management?
May 12, 2014

Motherhood. Apple pie. Budgeting. Okay, maybe that’s a bit of a stretch but a new report from i2c on the benefits of prepaid as a budgeting tool might actually give that “b-word” more status in the eyes of consumers these days and issuers a new...

Company Spotlight
Will Wallets Mobilize Mobile Point of Sale?
May 12, 2014

Go big or go home. Recent industry trends show that top mobile point-of-sale players are now fixated on distribution – gaining scale and volume by forming partnerships and enhancing their mPOS platforms. Many of these partnerships are taking shape thanks to the interest in integrating...