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Payments News & Media

UK consumers want more mobile purchasing options, survey says

December 12, 2014

Some 47 percent of mobile users in the U.K. would like to use their mobile phone more to pay for physical or quasi-physical goods and services.

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Bindo adds invoicing to tablet-based POS

December 12, 2014

Retailers can now deliver invoices directly to individual customers through Bindo's new invoicing feature.

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Hancock Fabrics upgrades tech for POS, inventory, training

December 11, 2014

James Hayes, division vice president of IT for Hancock Fabrics, estimates that EarthLink's multi-faceted solution will save Hancock Fabrics approximately 2…

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Microsoft adds bitcoin as payment option

December 11, 2014

Customers can now buy apps, games, videos from online stores.

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Square reaches $100 million single-day sales milestone

December 10, 2014

Square also announced over 40 percent of its payment volume comes from sellers who process over $125,000 a year.

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CardFlight inks pact with merchant services provider for mobile POS

December 9, 2014

Partnership to provide a custom mobile POS solution to merchants through its sponsor bank's network of retail branches.

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Mobile payments dominate the early holiday shopping season

by Will Hernandez — Editor, NetWorld Media Group

Consumers now more than ever are using their smartphones and tablets to shop on Thanksgiving, Black Friday and Cyber Monday.

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NY State tax agency clarifies sales-tax status for virtual-currency purchases

December 9, 2014

Be aware of exceptions to the rule for merchants as well as customers.

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Data from sales registers shows Black Friday down over last year

December 5, 2014

November sales comps before the holiday were positive, suggesting that consumers began their holiday shopping earlier this year.

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BitStraat providing free tablets to Amsterdam retailers

December 3, 2014

Goal is "to make Amsterdam the bitcoin capital."

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The basics of bitcoin for retail

E-commerce and brick-and-mortar retailers targeting millennials and other tech-savvy consumers should give serious consideration to accepting the virtual…

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'Payment experience' designed to bridge multichannel gap

December 1, 2014

SALT Technology Inc. announced a new payment experience designed to bridge the gap between online, physical and mobile channels for customer checkout.

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Twitter set to test card-linked offers

November 26, 2014

Social network also is still testing a Buy button as it enhances position as an e-commerce portal.

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Survey names 'naughty,' 'nice' online retailers when it comes to security

by James Bickers — Editor, Networld Alliance

Criteria for judgment included password requirements, personal information requested and how much effort they put into helping their customers follow good…

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KPMG says payment security issues will impact holiday shopping

November 25, 2014

More than half of consumers are either unsure or not confident at all in the security of their personal information when shopping both in-store and online.

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Square plans to accept Apple Pay

November 24, 2014

Founder Jack Dorsey says support will come in 2015.

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The key piece missing from Apple Pay

by Bryan Pearson — President, LoyaltyOne

Apple Pay diminishes the ability to track shopper behavior. This is among the reasons that some major retailers are not accepting it.

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Study finds differences between men and women when it comes to impulse purchases

November 24, 2014

Nearly 90 percent of millennials said they had made an impulse purchase, compared to just 56 percent of seniors.

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Most consumers prefer gift cards to gifts, but many feel guilty asking for them

November 24, 2014

Survey finds 78 percent of consumers think gift cards make shopping easy, but one in three consumers feels guilty putting them on their wish lists.

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LevelUp, Cardpool partner for gift card exchange program

November 21, 2014

Cardpool can enable LevelUp users to sell their unused and partially-used gift cards in exchange for LevelUp credits.

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