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Payments News & Media

Zelle transactions, payment volume surge on holiday spending

January 31, 2020

Early Warning Services, parent of the Zelle Network, reported strong fourth-quarter spending surged on the P2P service, driven by increased gift money giving…

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Amazon's Q4 a big earnings win thanks to Prime, grocery and same-day delivery

by David Jones — Editor, Networld Media Group

January 30, 2020

Amazon.com Inc. reported a better-than-expected profit in the fourth quarter, as new customers continued to sign up with its Prime program, grocery delivery…

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PayPal shares fall after acquisitions squeeze earnings outlook

by David Jones — Editor, Networld Media Group

PayPal shares fell Thursday after the company warned that a slew of recent acquisitions would put a slight dent in near-term forecasts. The payments firm has…

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Watch brand taps Klarna to give customers another purchase option

January 28, 2020

Premium watch and accessory brand MVMT is partnering with payment provider Klarna to offer shoppers a new purchase option.

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NYC Council passes ban on cashless-only retail

January 24, 2020

New York City Council has passed a bill banning cashless-only stores and restaurants and imposes a fine for each violation. 

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Amazon exploring palm biometric technology for retail checkout

January 23, 2020

Amazon is working on new checkout terminals that would allow shoppers to make payments using biometric data found on their palm prints rather than having to…

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Grubbrr teams with FreedomPay to create improved payment experience

January 22, 2020

Grubbrr, a technology company delivering ordering and fulfillment solutions through its self-ordering kiosk, has integrated with payment innovator FreedomPay…

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How to choose the right payment processor for your business

Payment processors can make running your business easier. But it’s up to you to make the right investment and select the one that will best suit your needs and…

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Diebold Nixdorf debuting POS design at NRF

January 9, 2020

Diebold Nixdorf will debut a modular, all-in-one POS solution at NRF 2020 taking place next week in New York City.

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Implementing alternative payment methods at the pump

It’s clear that consumers want more payment choices. And this extends to paying at the fuel pump. But while merchants, including gas station owners, are keen…

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Mastercard, Payrailz partner on real-time bill payment pilot

December 30, 2019

Payrailz, a digital payments firm that provides solutions to banks and credit unions, has launched a real-time bill payment pilot with Mastercard to support…

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Klarna teams up with Khloe Kardashian's Great American on payments

December 27, 2019

Klarna Bank AB announced a partnership with Good American, the inclusive fashion brand from Khloe Kardashian and Emma Grede, which will use Klarna as an…

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Kroger machines temporarily impacted by debit, credit card glitch

December 26, 2019

At a time when many Americans were hustling to stock up on food for the Christmas holiday, shoppers at Kroger stores in parts of the country experienced a…

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More than half of Brits use cash for gifts during Christmas season

December 23, 2019

Six in 10 people (59%) across the U.K. who celebrate Christmas are likely to use cash in lieu of a card when purchasing gifts, treats or socializing this…

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Discover Card adds Alexa skills for account data

December 20, 2019

Discover Card cardmembers will now be able to access account information using Amazon Alexa, the AI-based voice control technology used in Amazon Echo smart…

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PayPal acquiring digital shopping, rewards platform for $4B

by David Jones — Editor, Networld Media Group

PayPal agreed to buy the online shopping and rewards platform in a bid to extend its services to help drive more personalized traffic towards its thousands of…

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Driving loyalty, sales with POS technology

Chris Lybeer, chief strategy and marketing officer, Revel Systems, explains why blending technology into customer interactions makes it possible to bridge the…

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Nets trials facial-recognition payments

December 18, 2019

Under the tagline "Hungry? Face it," Nets, a Nordic provider of digital payment services, has launched a pilot testing facial recognition as a payment method…

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Cash payments in Canada declined 40% in 5 years

December 18, 2019

Cash payments in Canada declined 40% in volume over the last five years, according to a recent report from Payments Canada, an organization that operates a…

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Retail Business Services teams with UST Global on unattended store

December 9, 2019

Retail Business Services, the services company of Ahold Delhaize USA, has announced a frictionless store technology, piloted under the name lunchbox, which…

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