Point of Sale

The Apple PayPal Relationship Warms Up A Little
December 12, 2014

Apple started accepting PayPal in its online retail store in both the U.S. and the U.K. on Thursday (Dec. 11). Although the two companies have been exchanging words of not-niceness regarding its rivalry with mobile in-store payment (ApplePay versus in-store PayPal), its online relationship has...

Company Profile
The Big Problems mPOS Solves For Small Merchants
December 11, 2014

This holiday season, mPOS is on fire. In preparation for increased online and in-store sales, retailers have prepped themselves with these mobile devices to eliminate long lines and provide better customer service. This month’s ROAM mPOS Tracker report follows these players, and shows an increasing...

Cybersecurity
Another Payments Provider Hit With A Breach
December 11, 2014

Payments vendor Charge Anywhere has confirmed a data breach that may have exposed payment card numbers dating back to late 2009, Bank Info Security reported. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...

With No IPO/Acquisition Plans, Square Free To Operate Very Differently
December 11, 2014

Jack Dorsey, the founder of both Twitter and Square, rebels against the Wall Street quarter-to-quarter mindset and plans to keep investing in Square until he sees fit to shift it to profitability. In an interview with the New York Times, Dorsey bridled when asked about...

News
Square Tops $100 Million Sales-Day
December 11, 2014

For the first in its five-year history, Square reported on Wednesday (Dec. 10), it’s sellers processed more than $100 million in sales in a single day.  And that day was Friday (Dec. 5). Get the Full Story Complete the form to unlock this article and...

Apple Pay
Alipay Fingerprint Announcement Moves It Closer To An Apple Pay Deal
December 11, 2014

The prospect of an Apple Pay Alibaba deal got a lot more likely on Tuesday (Dec. 9) when Alibaba’s Alipay payments unit said that it will now allow users to authenticate their accounts with the iPhone’s fingerprint sensor instead of a password, indicating, according to...

Company Profile
It’s The Most Mobile Time Of The Year
December 10, 2014

As we reflect back at the last 12 months in payments, it can be difficult to recall all of the innovations that have helped omnichannel move from buzzword to a merchant forefront strategy. And at the very center of that strategy is mobile — specifically,...

Dynamics Pulls In $70 Million Investment, MasterCard Backing
December 10, 2014

Dynamics, a 200-employee card technology company based near Pittsburgh, has captured a $70 million investment from a group that includes MasterCard, according to a report in the Pittsburgh Tribune-Review. What makes Dynamics interesting, company execs said, are the security enhancements they are creating for payment...

Mobile
Chick-Fil-A Goes QR Code Mobile
December 09, 2014

The 1,850-store fast-food chain Chick-Fil-A on Monday (Dec. 8) announced its own QR code mobile payment and mobile ordering app for both iOS and Android, but the initial rollout will only be support at 130 stores in Atlanta, Chicago, Houston, Los Angeles, Orlando and Washington, D.C.. Get the Full Story Complete...