What’s in a vending machine? Beyond the shiny new products allowing brick and mortar stores to branch out with distribution, there is perhaps a certain value in unattended retail machines that are changing the landscape of payments as we speak. In a recent podcast interview...
PayPal co-found Max Levichin is back in the payments game, this time with the modest goal of recreating a consumer finance. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...
While nearly three-quarters of retailer are planning to develop the capacity to identify customers when they walk in the store via their smartphones is a top priority for retailers, at present only 3 percent have the ability to do so right now, according to a...
Banco do Brasil Amercas has partnered with payment processing and commerce solutions provider i2c, Inc. to launch a prepaid EMV card. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...
Last week’s Apple WWDC keynote has prompted a bunch of Monday morning quarterbacking with respect to Apple’s plans for devices, software and even payments. Although Tim Cook’s and Craig Federighi’s keynotes were devoid of any direct reference to how Apple would pursue “payments,” (even disappointing...
Online to offline (OTO) retail start-up Bindo has just taken in $1.8 million is an oversubscribed seed funding round. The company offers an iPad Point of Sale (POS), or checkout system that allows merchants to manage inventory and customer relationships through a cloud-based payment platform....
While the rest of the retail sector’s growth is sluggish, electronic shopping continues to pick up steam, according to new U.S. Census Bureau statistics. Going by the County Business Patterns: 2012, the number of electronic and mail-order shoping establishments grew by around 27 percent during 2012,...
David Marcus, the head of eBay’s payment service PayPal is moving on to “friendlier” pastures as he becomes the head of Facebook’s messaging products. This move follows Facebook’s $19 billion acquisition of messaging service What’sApp earlier this year. Get the Full Story Complete the form...
Apple’s WWDC showing sort of got PYMNTS people talking about Karen Webster’s piece on Apple’s potential mobile payments ambitions. So did reports that small merchants may be turning their backs on EMV for mobile and merchants taking the debit card fight to the Supremes (we...
