Point of Sale

How Pin Pads Power Payments Data
February 09, 2015

Marc Freed-Finnegan doesn’t think receipts are exciting. What he does think is that they are is essential. “Table stakes,” he calls them, in terms of bringing value to a mobile wallet and giving retailers access to high-quality data necessary to improve the customer experience. It’s this line...

Loyalty & Rewards
Wendy’s Serves Up New Mobile Payments System
February 09, 2015

Wendy’s is looking to payments as a way to pull customers in and keep them returning. The fast-food chain is installing a standardized point-of-sale system in more than 2,600 locations to use as a mobile marketing platform, Mobile Commerce Daily reported. The common POS system,...

Consumers Claim To Shop More Online, But Do They?
February 06, 2015

It might seem weird to think of the benefits of online shopping as more of a theory than a practice, especially when the advantages of having near-bottomless inventory and quick price comparisons are so clear, but according to new survey data from the IBM Institute...

Exclusive Series
And The “S” Stands For “Security”
February 05, 2015

Welcome to the monthly mPOS Tracker, a PYMNTS Special Report. In this report, we rank the players that we track, and score these players based on numbers and types of devices used, geographies where solutions are implemented, the number of payment types accepted, and more....

Where Flint Finds Its Spark
February 05, 2015

Greg Goldfarb may be one of the only merchant innovators Karen Webster has ever talked to whose company is not about to develop its own mobile wallet. The reason, says Goldfarb, CEO and co-founder of Flint Mobile, is that “simplicity is king” – for small...

Blurred Lines: Card Present And Card-Not-Present
February 04, 2015

Tim Cook may say that 2015 is the “Year of Apple Pay” but 2015 might be the year in which the split between card-present, NFC, in-store, card-not-present, online and in-app, begin to disappear, Matt Barr, SVP of Emerging Payments for the U.S., MasterCard told MPD...

PayPal’s In-Store Shopping Division Hit Hardest In First Round Of Lay-Offs
February 03, 2015

About a month after they were first announced, the big layoffs at eBay and PayPal have begun. On Monday, eBay and PayPal employees who were losing their jobs as part of the cuts were notified, multiple sources told Re/code. Management is reportedly looking to simplify operations...

Amazon To Buy Some RadioShack Locations?
February 03, 2015

In an attempt to shore up its emerging brick-and-mortar business, Amazon.com Inc. is in talks about acquiring some RadioShack Corp. locations after the electronics chain files for bankruptcy, two people with knowledge of the matter said according to Bloomberg. RadioShack stores have been considered potentially...

Americans Pocketing Gas-Price Savings
February 02, 2015

Lower gas prices have allowed Americans to put money back in their wallets…and that’s exactly where that money is staying. The Wall Street Journal reports that despite saving about $60 a month from lower gas prices, American consumers are not putting their savings toward discretionary...