Point of Sale

Mobile POS Services Skyrocket
November 07, 2014

Mobile POS activity is soaring, with about 1.2 million MPOS having been shipped to MasterCard merchants globally, according to a new report from Ovum Consulting and Mahindra Comviva. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...

Apple Pay
Whole Foods Sees More Than 150K Apple Pay Transactions
November 07, 2014

Since going live with Apple Pay last month, the $14.2 billion 401-store Whole Foods grocery chain has used the mobile wallet to process more than 150,000 transactions, according to CIO Jason Buechel. Get the Full Story Complete the form to unlock this article and enjoy...

Cybersecurity
How Home Depot Got Hacked
November 07, 2014

Home Depot on Thursday (Nov. 6) reported that, in addition to the data for 56 million payment cards that was stolen, thieves also grabbed 53 million customer E-mail addresses. How was this all done? New details on that confirmed that “criminals used a third-party vendor’s...

Apple Pay
Apple Pay May Be Dragging NFC and Google Wallet Forward in Its Wake
November 06, 2014

Apple Pay is driving NFC volume up and pulling Apple’s NFC rivals along with it, according to preliminary reports.  In a speech this week, a Walgreens executive–Deepika Pandey, group vice president, digital marketing & customer experience—said that her chain has seen in-store NFC payments double...

MCX CEO Comes Up With Reasons To Use His Service
November 06, 2014

After several days of defensive interviews about merchant restrictions and an E-mail data breach, the CEO of MCX is finally talking up advantages for shoppers to try the CurrentC system to be rolled out next year. Get the Full Story Complete the form to unlock...

Square’s Number Of Transactions Now Top One Billion
November 06, 2014

Taking a page from McDonald’s legendary XX billions of hamburgers served signs, Square founder Jack Dorsey tweeted on Wednesday (Nov. 5) that a Sacramento merchant has recently accepted Square’s one-billionth swipe through Square. Get the Full Story Complete the form to unlock this article and...

Legal & Regulation
Amex’s Terminal Subsidy Initiative
November 06, 2014

American Express is about to launch a $10 million campaign aimed at helping small U.S. retailers meet the October 2015 deadline for installing EMV chip-and-PIN point-of-sale terminals, Business Solutions reported. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...

What Consumers Pick For Payments – And Why
November 05, 2014

Now in its 4th year, TSYS Consumer Payments Survey had its share of surprises. Like consumers now prefer credit to debit when shopping online and rewards will get them to switch to a new card issuer. Sign of the times (people feeling better about credit...

CurrentC COO Goes On The Defensive
November 05, 2014

Officials with the not-yet-launched CurrentC mobile payment app from MCX have started trying to defend their app from comparisons with Apple Pay, saying that many of the unkind comments about CurrentC are not true. Get the Full Story Complete the form to unlock this article...