Merchant Innovation

Europe
Contactless Card Use in UK Reach Record Highs
April 30, 2014

UK contactless card transactions reached a record high in March, more than 200 percent from a year earlier.

Merchant Innovation
PayPal Volume, Registered Accounts Increase
April 30, 2014

Despite a very active first quarter of 2014 that included, among other things, a very public fight with investor Carl Icahn over the future of PayPal, eBay's Q1 earning came in ahead of analyst predictions. PayPal also enjoyed a very strong Q 1, with total...

Merchant Innovation
Intuit Considering Mobile-Finance App Check Purchase of $350M
April 30, 2014

According to sources familiar with the situation, Intuit is currently in talks to purchase Check, a Mint-like mobile-finance app that allows users to track and pay bills. The service currently has 10 million users and Intuit is looking reportedly looking to scoop the company up...

Loyalty & Rewards
Card Issuers Target The Affluent
April 30, 2014

Perhaps it should come as no surprise, but consumers today are a lot less likely to own a credit card and carry card debt. The Great Recession aside, issuers may have helped spark the change when they cut back on card approvals and credit limits...

Merchant Innovation
Amazon Launches Online Store for Wearable Tech
April 30, 2014

The store is a subsection of the site's e-commerce portal.

Merchant Innovation
Merchants Can Now Make Purchases Offline with Square
April 30, 2014

The feature has already been tested at coffee shops in San Francisco and New York.

Company Spotlight
Target Appoints New Chief Information Officer and plans to enable MasterCard chip-and-PIN technology for REDcard...
April 29, 2014

Target has announced two major initiatives this morning, both with the potential to change the retailer’s immediate future significantly. 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...

Controversial
Do Digital Devices Drive In Store Sales?
April 29, 2014

New research says that in-store sales driven by use of smartphones, tablets and home computers represent a much larger share of overall retail sales than originally understood. And, merchants may be missing a big opportunity to influence those numbers. Find out what savvy retailers are...

BlueSnap
Let the Cross Border Games (and Monetization) Begin
April 29, 2014

Move over, Wii. Currently, free and low-cost apps are what gaming consumers are downloading and playing these days, most of which are on mobile devices. In a recent podcast interview, MPD CEO Karen Webster spoke with BlueSnap CEO Ralph Dangelmaier to learn just how these...