Roughly 60 percent of the $100 billion spent annually on gift cards is loaded onto closed-loop products, according to Dan Kimerling. Kimerling is chief operating officer at Giftly, a two-year-old startup that wants to replace those closed-loop cards by moving gifting to the existing payment...
Chase’s latest effort to win over customers that find traditional checking to be too expensive is called Liquid. But the company might be better served calling its new prepaid product the “Simple” card, or the “Flat” card. Get the Full Story Complete the form to...
The June edition of First Data’s SpendTrend analytics tool shows some cause for concern within the U.S. economy. 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 to...
Several of the new credit card products being issued in 2012 are confirming what Chase’s David Gold told us several weeks ago: cash-back rewards programs are heating up, and attracting many competitors. Get the Full Story Complete the form to unlock this article and enjoy...
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The latest player to provide working capital to small and medium-sized businesses is Kabbage “” a tool designed to facilitate online sales. All it takes is seven minutes or less, and funds are deposited directly into your PayPal account. We chatted with Kathryn Petralia, COO...
An entrepreneur in North Carolina confirms many of the same benefits from mobile payments mentioned by experts visiting Congress just this week. Lower costs, added mobility, and more time to run a business rather than worry about payments are all among the bullet points mentioned...
The key to winning the mobile payment acceptance war might have to do with everything but the transaction. 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 to...
Deutsche Telekom has chosen MasterCard’s NFC-powered PayPass digital wallet platform to deliver mobile payment access to its 93 million European customers. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...
