News

Mobile Commerce
Chili’s – The Unlikely Newest Home Of Cutting Edging Ordering
June 11, 2014

It seems as though paper-based menus and bills in restaurants are about to join paper checks and printed newspapers on history’s discard pile. Family food chain and noted purveyor of baby-back ribs Chili’s has finished the installation of table-side tablets in their 823 locations nationwide. Get...

News
University Now Accepting Visa Cards For Tuition Payments
June 11, 2014

Valdosta State University announced earlier this week that it will now accept payments for tuition and fees from Visa credit and debit cards. Previously, the university only accepted such payments from MasterCard, American Express, and Discover. Get the Full Story Complete the form to unlock...

Cool
CFPB’s Annual Report Card
June 11, 2014

In his semi-annual Report to Congress and the President this week, CFPB Director Richard Cordray provided an overview of the bureau’s progress in protecting consumers from financial harm. So far, billions has been put back in consumers’ pockets and a slew of actions against banks...

International
Was it Abuse?
June 10, 2014

The Competition Authority of Kenya (CAK) will rule out, on June 30th, if Safaricom is abusing of its dominant position in mobile money services in Kenya and, if so, oblige the firm to open its M-Pesa agency network to rivals such as Airtel, Orange and...

International
Remittances decline in Latin America
June 10, 2014

A report by the Multilateral Investment Fund “Remittances to Latin America and the Caribbean in 2013: Still Below Pre-Crisis Levels” shows there were USD 61.3 Bn in remittances to LatAm in 2013, flat from a year before and less than the USD 64.9 Bn sent...

International
Money on Mobile’s News for 184K Indian Retailers
June 10, 2014

My Mobile Payments Limited (MMPL), which operates the m-money service Money On Mobile, acquired a significant stake in the Mumbai-based OSS India for an undisclosed amount. The funds will be used to bring financial support to OSS India to relaunch the service. Get the Full...

Merchant Innovation
PS4 Users Can Now Buy Games With Just Their Phone Number
June 10, 2014

Boku has joined forces with Sony to provide the Boku Payments Platform, a carrier-based billing service, for the PS4 account wallets in Canada, Germany, the United Kingdom and the United States.

International
PBOC’s Reports Become Accessible
June 10, 2014

Twenty companies applied for access to PBOC personal credit information database, as it’s a requisite for operations with personal financial information reports Caixin. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...

B2B Payments
Thai Coup Crippling Cross-Border Trade
June 10, 2014

Merchants on the Chom Jum Border between Thailand and Cambodia are not a happy group as trade as reportedly slumped steeply since National Council for Peace and Order (NCPO) seized power in Thailand, reports Bangkok Daily Get the Full Story Complete the form to unlock this...