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Payments News

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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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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National Retail Federation launches major campaign to preserve swipe fee reform

May 17, 2011

The National Retail Federation today launched a major nationwide 60-day lobbying, grassroots and media campaign aimed at ensuring that a new federal law saving…

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Consumers rank social networks better than online businesses for ability to protect personal information

May 12, 2011

ThreatMetrix, a provider of cloud-based fraud prevention solutions that do not require personally identifiable information (PII), has announced that a joint…

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Aetrex Worldwide opens its first retail footwear store

May 11, 2011

Aetrex Worldwide Inc., a designer and manufacturer of footwear, has opened its first retail concept store in Englewood, N.J. The 2,400 square-foot store will…

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Retail Customer Experience publishes comprehensive guide to PCI DSS compliance

May 10, 2011

Retail Customer Experience has announced the publication of "Understanding PCI DSS and Payment Card Security," a comprehensive guide to card payment security.

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Merchant e-Solutions launches mobile POS solution PayEverywhere

May 9, 2011

Merchant e-Solutions, Inc., a Redwood City, Calif.-based payment processor, announced it has rolled out a new suite of mobile point of sale applications on its…

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Visa preparing to announce mobile payment strategy this month

May 5, 2011

The Wall Street Journal is reporting that Visa Inc. CEO Joseph Saunders said a "significant" announcement regarding the credit card processor's mobile payments…

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MasterCard CEO says company is looking at all mobile payment scenarios

May 2, 2011

On an earnings call with analysts today, MasterCard Inc. President and CEO Ajay Banga addressed mobile payments. According to Forbes, when asked about consumer…

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Intuit's GoPayment for iPads available through Apple App Store

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April 21, 2011

Intuit Inc. announced that its GoPayment mobile point-of-sale application optimized for the iPad is now available through Apple's App Store. The version…

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Square debuts at Apple site and stores

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April 17, 2011

According to TechCrunch, Square has succeeded in placing its dongle on the Apple online store, with in-store availability reported to start this week. The…

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Domino's UK teams up with eBay Advertising

April 4, 2011

Domino's Pizza U.K. has partnered up with eBay Advertising to target consumers within specific delivery zones via geo-targeting.

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Google to pilot NFC POS system

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March 14, 2011

Google Inc. is looking to test a contactless, point-of-sale system allowing consumers to pay for in-store purchases using phones equipped with near field…

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Square drops transaction fees for merchants

by James Wester

February 21, 2011

Mobile payment start-up Square has announced it will be dropping per-transaction fees charged to its customers. Merchants using the service to accept credit…

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Retail POS Suite integrated with NetSuite cloud computing platform

February 15, 2011

MentisSoft LLC, a supplier of software and services for retail, healthcare, and educational applications, has announced the integration of its Retail POS Suite…

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Bailey Banks & Biddle launches private-label credit card

February 15, 2011

Bailey Banks & Biddle, an iconic name in retail jewelry, has joined TD Retail Card Services' L.J.C. (Luxury, Jewelry, Class) private-label credit card…

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Deutsche Telekom spoils Apple's NFC surprise?

by James Wester

February 14, 2011

Reports from Deutsche Telekom's press conference at the Mobile World Congress in Barcelona seem to confirm Apple's entry into the world of mobile payments. In…

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Next gen iPhones, iPads to support NFC

by James Wester — Editor 1, Mobile Payments Today

January 24, 2011

According to Bloomberg, Apple Inc. will ship the next generation of its iPhones for AT&T Inc. and the iPad 2 with support for near-field communication…

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Target going into Canada, getting out of the credit card business

January 12, 2011

Target Corp. has announced that it has agreed to pay C$1.825 billion (U.S. $1.84 billion) to purchase from  Zellers Inc., a subsidiary of The Hudson’s Bay…

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Square secures new round of funding

by James Wester — Editor 1, Mobile Payments Today

January 11, 2011

According to the Wall Street Journal, mobile payment company Square has secured a new round of funding worth $27.5 million. With this newest round of funding…

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