Once upon a time, there were four payments networks that ruled the land called Payments in the United States. They created rules and regulations that every merchant in the land had to abide by – and even imposed fees that those merchants had to pay...
Whoa baby, the mobile payments landscape just got a whole lot more interesting. PayPal launched something yesterday called PayPal Beacon. The media has described Beacon as a cool-looking triangle-shaped hardware device that plugs into any power source and acts as an in-store GPS system using...
I’ll bet you didn’t know that each year for the last 10, the U.S. government has been collecting data on how Americans spend their time each day. That agency isn’t the NSA (shame on all you cynics out there) but the Bureau of Labor Statistics...
Well, it’s that time of year … summer is (sadly) coming to a close, the kids are headed back to school and 2014 strategic planning sessions are kicking off. If you’re someone who is leading, contributing to or relying on the output of these sessions,...
“Fee Cap” consists of two three-letter words that strike fear into the hearts of any business executive in any industry. Seeing those words as connected to your business means only one thing – your profits are going to get trashed and you’ll need to figure...
August, as it turns out, is the second most popular month for weddings, coming in a fly’s eyelid second to June. This bit of summer trivia got me to thinking about a possible payments industry marriage. So I thought I would introduce the “PYMNTS: The...
Back on January 1, we brought you eight predictions for 2013 from around the payments industry, and had our own expert, MPD CEO Karen Webster, break them down. Now that we’re past the half-way point of 2013, Webster revists her predictions with the past six...
How’s this for a breaking development in the world of mobile payments? The Clearing House will announce today that it will launch and operate an open platform that will make mobile payments more secure by changing how cardholder data is transmitted and stored. Called “Secure...
As it turns out, astronauts and astro-tourists need payments love too. That’s at least the point of view of PayPal, the SETI Institute (a non-profit that is dedicated to exploring “the origin, nature and prevalence of life in the universe,” and Space Tourism Society – and...