Over $60 billion could be spent on gift cards this holiday season and startup Gyft is hoping to cash in with its iPhone app that lets users buy, store and redeem their gift cards in one place. PYMNTS.com spoke with CJ MacDonald, co-founder of Gyft,...
Why scan a QR code for a product, brand or service in which you have no interest? Because if you have Qriket, you might just win yourself some cash. The new iOS app is changing the way consumers and QR codes interact, and merchants should...
If the billions of financially underserved around the world are to be helped, leading minds from the private, government, academic and non-profit sectors will need to collaborate on possible solutions. PYMNTS.com spoke with Kabir Kumar, microfinance specialist at CGAP, an organization focused on fostering those...
MasterCard has recently partnered with T-Mobile and Orange in Poland to launch contactless mobile payments in the country. T-Mobile and MasterCard announced they will offer customers mobile payments based on NFC technology from 29 October 2012 in Poland. The offer will be launched with four...
£3.5bn of Christmas retail sales will be purchased on or influenced by smartphones, according to business advisory firm Deloitte. The influence of smartphones far outweighs the value of direct sales made through them, with consumers using their device to research prices, store Christmas shopping lists,...
A British public body has created a competition to foster innovation in the field of mobile commerce and payments security. The Technology Strategy Board is a business-led executive non-departmental public body, established by the Government. Its role is to promote and support research into, and...
As TSYS’ new Director of Innovation, Chris Colson must answer some difficult questions: how can payments be innovated to the benefit of not just TSYS, but to consumers and society as a whole as well? How can TSYS’ mantra of “people-centered payments” impact the industry...
Financial inclusivity is an enormously important issue both in the U.S. and abroad, with the World Bank estimating that a stunning 2.5 billion adults lack access to traditional financial services. At MasterCard’s Cashless Conversation on November 13, leaders from the financial, non-profit and academic worlds...
Another Black Friday is in the books and IBM has the latest online retail performance data. The data shows that 2012 marked a banner year on a number of fronts with mobile traffic growing by more than 67% and Thanksgiving turning out to be a...