Given that Walmart’s own mobile payment plan—MCX, now branded as CurrentC—has no plans to go live nationally until next year, the world’s largest retail chain will not initially support Apple Pay, which is accepted to start accepting payments next month. But the anti-interchange mode of...
On the one hand, Apple and PayPal have been partners for almost a decade, notes ReadWrite, going all of the way to the early iTunes Music Store days. But given that PayPal has been actively pushing its own mobile payment app as a retail in-store...
For those corporate employees who get frustrated by the slowness of decisions and the glacial pace of deployments, take comfort in the fact that this slowness was a gift for cyberthieves who wanted to—and successfully did—attack Home Depot. The attackers literally took advantage of the...
The mobile payment relationship between the major banks and Apple is, to put mildly, a delicate one. Apple’s move has the potential to vastly increase mobile payment revenue, which would create a potentially highly lucrative new market for the banks. But the precise details of...
How should telcos around the world react to Apple Pay? Should they ride along and cooperate fully—potentially hurting their own mobile wallet efforts—and sell as much data, bandwidth and phones as possible? That would be a continuation of the telecom players’ existing model, conceding the...
The huge cyber attack on Home Depot apparently used malware that was disguised as anti-virus protection (beware of cybergeeks bearing gifts), which suggests that, contrary to earlier reports, it was likely not the same group that hit Target. Get the Full Story Complete the form...
There once was a time when E-Commerce was a gift to delivery services, where replacing all of those personally-picked-up purchases with a truck-delivered one a few days later was distribution company nirvana. But no more. Online merchant efforts to offer free—or severely reduced—home delivery, coupled...
McAllister Industries, a B2B distributor of prepaid phone cards to retailers, plans soon to publicly launch Redde Pay, providing its customers with an online-payments portal that will help them expand what they can sell to include other services, including bill payment, prepaid energy, prepaid wireless,...
An Illinois school district’s use of purchasing cards (P-cards) has resulted in a potential local state’s attorney’s office investigation. 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...
