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Payments News

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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US smartphone owners want to use Apple Pay and Google Wallet

November 21, 2014

Survey found some 30 percent of respondents want to use the mobile wallets but are unsure where they're accepted.

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RewardsPay allows its online shoppers to pay using bitcoin

November 20, 2014

Partners with Coinbase to provide customers with additional payment option.

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Survey: Most shoppers will buy at least one digital gift card this holiday season

November 20, 2014

Of the consumers surveyed, 72 percent have previously bought a gift card from an online website or mobile website/app.

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Trade association set to host mobile payments session in DC

November 14, 2014

The Merchants Payments Coalition wants to educate Congress members and their staffs about upcoming innovations in payments.

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Networld Media Group to launch Virtual Currency Summit in Boston, April 2015

November 12, 2014

Renowned economic strategist Bruce Fenton, Managing Director of Atlantic Financial, has been confirmed as a featured Summit speaker.

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Square begins pre-orders for EMV products

November 12, 2014

Company will release a standalone chip card reader for $29 and a Square Stand accessory for $39.

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NCR Silver POS adds bitcoin compatibility

November 10, 2014

Bitcoin support, which will be integrated with NCR Silver by the end of 2014, will be free to merchants.

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Home Depot sheds more light on data breach

November 7, 2014

In addition to the payment information already known stolen, the company says the thieves also took files containing 53 million email addresses, but not their…

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Givex's Vexilor POS now accepts bitcoin

November 7, 2014

Company announces partnership with Bitpay.

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MasterCard to acquire TNS' Payment Gateway business

November 6, 2014

MasterCard will acquire TNS' e-commerce and card-present payment gateways, which will become part of the DataCash payment gateway suite.

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Target appoints Jacqueline Hourigan Rice as SVP, chief risk and compliance officer

November 6, 2014

Rice joins Target effective Dec. 1 and will report directly to Brian Cornell, chairman of the board and chief executive officer of Target.

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North American consumers embrace mobile payments and virtual currency

November 6, 2014

Accenture survey finds that 40 percent of consumers in Canada and the U.S. have used their smartphone to make a payment at a merchant location.

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Electronic gift cards gaining popularity, especially among millennials

November 5, 2014

Fifty-nine percent of gift cards are now offered electronically, up 18 percentage points from 2010.

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Vantiv prepped to roll out Durbin-compliant EMV card solutions

November 4, 2014

Having completed the first US Common AID-enabled EMV debit transaction with US merchants, Vantiv will begin production of Visa- and MasterCard-certified cards…

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First Data unveils Clover mobile POS

November 4, 2014

Armed with Clover Mobile, merchants can place orders, take secure payments, scan inventory, clock in employees, sync sales data with their accounting packages…

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Bitpay intros NFC-based merchant POS app

November 4, 2014

Bitcoin Checkout is available today and can sit alongside existing systems.

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Staples investigating possible data breach

October 23, 2014

Has POS malware become an 'easy button' for payment card data theft and counterfeiting?

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Visa champions nationwide chip card education campaign

October 23, 2014

The company will work with public- and private-sector partners in an effort to educate merchants, policymakers, civic leaders and consumers about EMV.

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