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News
Thousands Of PIN Pads Shut Down, But It’s Not A Breach
December 16, 2014

An East Coast supermarket chain opened for business on Dec. 8, only to find all of its payment terminals unresponsive — and it wasn’t alone. Last week, several thousand Hypercom payment card terminals at retailers across the country suddenly stopped working because of the expiration...

Apple Pay
Apple Now Lets Google Wallet Use TouchID, Split Checks
December 16, 2014

Apple, which uses its iTunes accept/reject power to control potential rivals, is slightly loosening control on Google Wallet. A new update to the mobile app released on Monday (Dec. 15) now allows for extensive use of the iPhone’s Touch ID, enabling Google Wallet users to...

iPhone Magnetized Accessories May Interfere With NFC
December 16, 2014

Some iPhone accessories that attach to the phone via magnets—an attachable better camera lens is an example—may disrupt NFC communications and, therefore, Apple Pay, 9to5Mac is reporting. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...

Mobile
Another Mobile Pay Field Trial: 53 Percent Success
December 16, 2014

Mobile payments aren’t quite ready for prime time — at least not in Boston. That’s the conclusion of a Boston Globe writer who tested mobile-payment offerings from several local companies — with limited success. Get the Full Story Complete the form to unlock this article...

Ebay Employee Seems To Confirm Hidden Seller Limits
December 16, 2014

An eBay employee has confirmed what many have long suspected: that eBay has hidden limits on seller accounts, according to a report in ECommerceBytes. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...

Uber Practicing A New Form Of Lobbying Pressure
December 15, 2014

Its newfound investment dollars—which have given the company a $41 billion valuation—are financing a massive international lobbying operation, catching state and municipal leaders offguard, according to an extensive Washington Post probe of Uber’s lobbying efforts. Get the Full Story Complete the form to unlock this...

News
UK Amazon Glitch Prices Thousands Of Items At One Penny
December 15, 2014

A software glitch on Friday night (Dec. 12) in the U.K. caused “thousands of items” sold by third-party vendors on Amazon to be prices at one penny—and holidays shopped grabbed the bargains. This caused huge problems for many smaller merchants who are paying the ultimate...

News
MasterCard Sees Opportunity With Nigerian e-ID Cards
December 15, 2014

There’s a lot of untapped potential in the Nigerian commerce market — which is growing — and MasterCard has discovered a marketing niche with the country’s national high-tech e-ID card pilot project. Get the Full Story Complete the form to unlock this article and enjoy unlimited...

News
Tencent Joining Banking Business
December 15, 2014

China’s Tencent Holdings will be the first of five Internet firms to open its private banks to clients, Reuters reported late on Friday (Dec. 12). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...