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Payments News & Media

Visa, MasterCard, Amex and Discover to join Isis

by James Wester — Editor 1, Mobile Payments Today

Isis announces big four credit card companies will participate in its mobile payment network.

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First Data releases results of Q2 prepaid card survey

July 17, 2011

First Data Corporation, a provider of electronic commerce and payment processing solutions, has released an overview of its First Data SpendTrend Closed-Loop…

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Product enhancements mark Q2 for First Data

July 13, 2011

In a recent news release, First Data Corporation recapped second quarter product set introductions and upgrades that the company said would help merchants…

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It's alive! Google Wallet gets turned on

July 7, 2011

According to the site SprintFeed, citing an internal memo from SprintNextel Corp., Google's Nexus S 4G smartphone on the Sprint wireless network is set to get…

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Consumer study offers insights into the U.S. gift card market

More consumers are reloading open- and closed-loop cards, which can mean more visits and a greater spend.

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Transaction Wireless secures patent for social gifting tech for Facebook

July 5, 2011

Transaction Wireless, a provider of multi-channel digital gift card and integrated marketing solutions, announced today that it has been granted a United…

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No clear winners in wake of Durbin Amendment final rule

by Kim Williams — Reporter, NetWorld Alliance

Both sides claim the consumer will bear the burden.

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Foursquare and American Express

by Jim Joseph — President, Lippe Taylor

I think a new day may just be beginning for location-based social media. Late last week Foursquare announced a new partnership with American Express…

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Federal Reserve issues final rule on Durbin Amendment

June 29, 2011

Yesterday, around 3:30 p.m., the Federal Reserve issued its final rule on the Durbin amendment. The rule fixes the price of debit interchange at 21 cents per…

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ARTS announces release of new digital receipts standard

June 23, 2011

The National Retail Federation's Association for Retail Technology Standards today announced the release of Version 2 of its Digital Receipts standard. Digital…

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Google's Schmidt predicts NFC payments will be widespread soon

June 21, 2011

According to the Financial Times, Google’s executive chairman Eric Schmidt said he believes a third of check-out terminals in retail stores and restaurants…

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Canada gets its mobile POS

June 16, 2011

Payfirma Corp., a Canadian payment processor, has launched a mobile point of sale for the iPhone, iPod Touch and iPad that lets any business process credit…

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Bluebird Soft Inc. unveils portable payment terminal at Retail Asia Expo

June 13, 2011

Bluebird Soft Inc., a provider of mobile computers, will unveil the new Pidion BPL-10 portable payment terminal at Retail Asia Expo in Hong Kong beginning…

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Starbucks (finally!) releases an Android mobile payment app

Starbucks releases official mobile payment app for the Android

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NRF says swipe fee vote is a 'victory for American consumers'

June 8, 2011

Matthew Shay, president and CEO of the National Retail Federation, has issued the following statement upon Senate rejection of the Tester-Corker amendment to…

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Report: NFC payments to reach $50 billion by 2014

June 6, 2011

Juniper Research is predicting near field communication (NFC) payment transactions will reach nearly $50 billion globally by 2014. In a new report, the…

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Commentary: Merchants must be involved to make mobile payments a reality

For mobile payments to work, millions of payment devices in the field need to either be retrofitted or replaced with NFC capabilities.

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Google's wallet becomes a reality

by James Wester — Editor 1, Mobile Payments Today

Google announces its Google Wallet NFC payment product.

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Google to announce NFC payment program, partners include Sprint, MasterCard and Citi

May 23, 2011

(UPDATED) Sources familiar with plans say the much rumored Google mobile payment product using near field communication (NFC) technologies will finally be…

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