Capitol One Financial Corporation and Kohl’s department stores have announced a multi-year extension of their their private label credit card program agreement. The extension comes several years in advance of when the contract is set to expire, and serves a strong vote of confidence between the two...
In an effort to better monitor farmer subsidies and track data related to how those subsidies are used, the Nigerian government will work with Cellulant Nigeria to distribute POS terminals to its nation’s farmers.
Shopping cart abandonment in an increasingly mobile world is the result of a the lengthy and often tedious check out process that consumers don't have the patience (or finger dexterity) to tackle. Payments and software-as-a-service company Jumio says it has cracked the code on this...
Despite efforts to influence consumers to use electronic forms of payment, such as debit and credit cards, cash remains the top payment instrument consumers use to pay, especially for small-value transactions, according to a recent Fed report. Mobile-based payments, however, barely scratch the surface.
From the bungled Bitcoin Foundation elections to a brand new $30M investment in bitcoin processing, this week was one of extremes for the B-all of cryptocurrencies. Get caught up.
Square has been hammered in the news lately about reports of massive losses, dwindling cash reserves and failed products. But leaked emails about its financials as reported by Fortune magazine reveal that its margin on processing isn't that bad and that it claims to be...
There’s so much data influencing the industry today that it can be hard to stay on top of everything. PYMNTS.com’s Friday Factoids are the perfect solution for innovators, entrepreneurs or observers trying to keep up with all the latest information. Get the Full Story Complete...
According to new data released by consulting firm Bain & Company, 55 percent of British internet users are aware of mobile payment options, but only 3 percent have actually used their mobile phones to pay for transportation or goods in real life. This data dovetails nicely...
Mobile wallets are convenient, but apparently not that convenient, consumers say. While more and more of them are choosing among a growing selection of mobile wallet apps, a recent TSYS study indicates that consumers are still hesitant to completely chuck their physical cards and physical...
