There are few subjects that highlight the chasm of opinions between payments players quite like EMV. That EMV is coming: of that there can be no doubt. In a little more than a year, merchants will either have to have to upgrade their terminals to...
Apple Pay officially rolled out on Monday and consumers and retailers both have had some time to get their feet wet with this new mobile payments platform. So, what’s the verdict so far? Well, Peter Osberg, Senior Vice President at EVO Payments International tells MPD...
After accepting Apple Pay at all of its stores on the Apple Pay launch day on Monday (Oct. 20), the $26 billion 4,600-store Rite Aid pharmacy chain apparently changed its mind and yanked support from those stores Wednesday (Oct. 22), with no official explanation, according...
Alibaba’s biggest rival in China, Tencent, has just led a $350 million funding round for a startup called Koudai Gouwu that could challenge Alibaba where it’s weakest: mobile shopping. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...
Alibaba is hoping for a boost for its e-commerce-oriented mobile-phone OS from a new partnership with Chinese handset maker Meizu, according to ITNews.com. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...
Shortly after BitFury Capital announced an undisclosed investment in digital currency merchant processor GoCoin, GoCoin CEO Steve Beauregard said that his Bitcoin operation will make B2B payments recruiting a top priority. Get the Full Story Complete the form to unlock this article and enjoy unlimited...
Pop quiz—what is the best type of customer? Although “rich” might be the easiest go-to answer, “loyal” is perhaps a better answer because, over the life of a business, a loyal customer who buys often and recommends the establishment to others is more valuable than a...
The Central Bank in Ecuador is trying to launch a national mobile payment scheme that is designed to handle B2B transactions (along with P2P, top-up, cash in and out, in-store purchases and electronic receipts), deliver a very low rate (a $50 charge costs four cents,...
When people think e-commerce, they think Amazon, or eBay or maybe Netflix — some provider of a digital marketplace for the purchase of goods or digital services. Hair salons — well, services don’t get more real world, brick-and-mortar-based commerce than that, right? MPD CEO Karen...
