Payment Methods

B2B Payments
National City Bank, PNC Sued For $80,000 In P-card Rebates
August 20, 2014

Lakewood, Ohio filed a lawsuit against National City Bank and its successor, PNC Bank. According to Cleveland.com, the suit alleges that the financial institutions owe more than $80,000 for “unpaid credit card rebates.” Get the Full Story Complete the form to unlock this article and enjoy...

Digital Payroll’s $55 Billion Windfall
August 20, 2014

How about some math this morning? The average cost to process a paper check is $1.85, and the average cost to produce it is $1.50. That means that managing paper-based payroll systems costs check-dependent businesses around $55 billion a year. Mark Putman, SVP of Prepaid...

International
TransferWise Uses P2P Network To Cut Cross-Border Money Transfer Costs
August 19, 2014

London-based startup TransferWise is hoping to disrupt the business of international money transfers by actually transferring as little money as possible across borders, according to USA Today. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...

News
Square Challenger SumUp Raises $10 Million, Loses Two Founders
August 19, 2014

Mobile POS startup SumUp has pulled in more than $10 million in a Series C financing round, but is also shedding two of its founders, according to Finextra. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...

News
Five Key Tactics for Prepaid Success
August 19, 2014

Take a well-thought-out prepaid program – and a data-backed understanding of its performance – and mix in strategies for increased customer engagement. What do you get? Just a few of the tactics that i2c follows in its efforts to fuel the global growth of prepaid...

Merchant Innovation
E-Commerce Site Wayfair Eyes IPO (In Alibaba’s Shadow)
August 18, 2014

Wayfair Inc. is gunning for $350 million in its upcoming IPO.  Wayfair’s primary business is as an e-retailer for home furnishings, though it also operates several other e-commerce sites, including the membership-based Joss & Main. The company began its IPO process with a confidential filing...

Can Apple With NFC Ignite Mobile Payments?
August 18, 2014

Can Apple With NFC Ignite Mobile Payments? 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 our daily newsletter, PYMNTS Today. By completing this form, you agree...

Merchant Innovation
Heartland Takes Over Leaf
August 18, 2014

Heartland Payment Systems may not be turning over a new leaf, but it’s finished taking over an old one. Heartland has announced that it acquired 100 percent of mPOS tablet maker Leaf. Last year, Heartland bought a majority stake in Leaf for $20 million. It...

Mobile Commerce
PayPal’s New Pay After Delivery Service Twists Its Model
August 18, 2014

PayPal has started contacting its customers touting a feature called Pay After Delivery, which puts a new twist on its payment system. PayPal is pitching it as letting shoppers “get your items before you pay at no extra cost.” Get the Full Story Complete the...