Point of Sale

Former Yahoo Exec Takes the Reins At Gimbal
July 28, 2015

Gimbal, the location-based technology company that makes, among other things, beacons, said on Monday (July 27) that Jeff Russakow has been named president and chief executive officer of the company. Russakow will also serve as a member of Gimbal’s board of directors, the company said....

International
Stripe Gets New Funding From Payments, Investing Heavyweights
July 28, 2015

Online payments startup Stripe is getting financial backing from a round of investors to accelerate its push into the global payments arena. The New York Times reported today (July 28) that the company had garnered funding from Sequoia Capital, Visa and American Express, in an as-yet unquantified investment round that values...

Mobile Commerce
Retailer Schnucks Offers Apple Pay Option In Stores
July 27, 2015

Schnucks, the St. Louis, Missouri-based retailer, said on Friday (July 24) that it is now accepting Apple Pay at locations across the United States. In a release, the company stated that the Apple payments platform is now accepted at all of the Schnucks retail locations,...

GiftCards.com Rewards Consumers With G-Money
July 22, 2015

GiftCards.com said Tuesday (July 21) that it has launched a new rewards program. The company said in a statement that it has debuted “G-Money Rewards,” through which customers can earn points on every purchase they make. Those purchases and points would subsequently count toward future...

News
Verifone: “EMV Is No Cure-All”
July 16, 2015

The payments industry is the midst of a sea change, with EMV looming and new regulations mandated by the third iteration of PCI DSS. But those guidelines and standards may not be enough, says Verifone’s Joe Majka. Here’s what security officers at firms large and...

Ecwid Launches One-Stop POS-to-Online Solution
July 16, 2015

With merchants and consumers alike turning to omnichannel retailing, eCommerce solutions provider Ecwid is striving to streamline the process for all parties involved. Yesterday (July 15), the company launched POS-to-Online, a tool that allows retailers with cloud-based POS systems to publish products on the Web and...

MasterCard, Stand Up to Cancer Joining Forces For US, Canada
July 14, 2015

For the fifth consecutive year, MasterCard is teaming with Stand Up to Cancer, a charitable program tied to the Entertainment Industry Foundation, to raise funds to support cancer research. Under the terms of the promotion, which debuted Monday (July 13) and runs through Sept. 15,...

PayPal Is Happy, Monitise Is Sad And Consumers Are Indifferent
July 13, 2015

Between the Greek government’s reenactment of “The Boy Who Cried Wolf” by threatening loudly to breakup with the euro (and realizing no one really cares), the Chinese government potentially threatening to breakup with the free market and Reddit breaking up with interim CEO Ellen Pao, you...

Mobile Commerce
AmEx Takes On PayPal With Its Own Express Checkout
July 10, 2015

American Express said Thursday (July 9) that it has launched Amex Express Checkout, through which U.S. cardmembers can check out quickly online by using their AmericanExpress.com login. In the release the company stated that, in conjunction with participating online merchants, cardmembers can use their Amex ID...