Payment Methods

NBS Acquires Equinox Payments
March 11, 2014

Electronic payment solutions provider NBS Payment Solutions has acquired the assets of Equinox Payments, formerly the U.S. operations of payment-terminal maker Hypercom Corp. VeriFone Systems Inc. had acquired most of Hypercom’s other assets. NBS receives a wide range of payment technologies in the deal. The...

Square Makes An Upscale Move With Whole Foods
March 11, 2014

Square is partnering with Whole Foods on a new payment system for the upscale grocery chain’s store locations. Whole Foods customers will have access to new payments terminals in the store, allowing them to avoid checkout lines entirely, Square said in a Feb. 11 press...

Europe
Mobile Now Accounts For A Third Of UK’s Online Sales
March 11, 2014

04 March 2014 Approximately one-third of online sales in the United Kingdom originated from mobile devices, meaning mobile now accounts for a fast-growing share of the UK’s online sales. In the fourth quarter of 2013, more than 35 percent of all retail sales originated from...

Cool
Applause Please! 2014 Payments Hall of Fame® Inductees and Lifetime Achievement Award Winner Announced
March 11, 2014

What do Bob Selander, Arthur Hahn and George Wallner all have in common? Well, two things, actually. The first is that they changed the course of payments in a very material way – in fact so material that what they did has stood the test of time and has defined...

China Developing National mPayments System
March 10, 2014

China is looking to create a national mobile-payment platform that would render cash, credit cards and other physical forms of payment obsolete. While details of the system are unclear, RT cited China Daily as saying that China has been testing a working platform since 2013. The...

Tablet Payments Surge as Overall Mobile Retail Sales Top $60 Billion
March 10, 2014

2013 marked an important mobile payment’s “first,” with tablet payments comprising almost half of all mobile commerce. Today, Javelin Strategy & Research released Mobile Payments Market: Tablet Payments Surge as Overall Mobile Retail Sales Top $60 Billion which provides an in-depth study of the mobile...

MCX Taps Paydiant For mPayments Support
March 10, 2014

Merchant Customer Exchange (MCX) has signed a deal with Paydiant that will integrate its white-label, cloud-based platform with MCX’s mobile commerce system. MCX members can now utilize mobile payments solutions and launch mobile point-of-sales terminals through the group’s system, the company said in a Feb....

Alternative Finances
Inside MasterCard’s C-SAM Acquisition
March 10, 2014

MasterCard today took a strong move to push out mobile-wallet technology faster globally, including its own MasterPass digital service, with the announced planned acquisition of long-time partner C-SAM, whose platform supports not just payments but also customer-specific offers, loyalty incentives, banking, bill-pay options and nonfinancial...

Paysbuy Planning New Services For 2014
March 10, 2014

04 March 2014 Paysbuy, an online payment service provider, says it will launch a series of new services over the course of the next 10 months. Part of the initiative includes the launch of a media property, Telecompaper.com,Tech In Asia reported on Feb. 27 Paysbuy is...