Content about Payment systems

September 15, 2014

Blackhawk Network has completed the acquisition of Dallas-based CardLab Inc., an online provider of customizable prepaid incentive and rewards cards.

September 12, 2014

Wal-Mart Stores has no plans to join Apple’s newly-announced mobile payments system, Apple Pay, which is due to launch in October.

September 10, 2014

Despite prevailing expert opinion that mobile payments are popular with modern consumers, this may not actually be the case.

September 9, 2014

Taking aim at other digital payment platforms such as PayPal, Apple on Tuesday released a mobile payment platform called Apple Pay that will let consumers pay for purchases using their iPhones — or the new Apple Watch.

September 8, 2014

Braintree, PayPal’s payments processor subsidiary, will let its merchants start accepting Bitcoin over the coming months.

September 4, 2014

The Retail Services business of Alliance Data Systems Corp. has signed a multi-year agreement to provide co-brand and private label credit card services for Meijer.

September 4, 2014

The alleged security breach that recently hit The Home Depot Inc. may have compromised credit and debit card data at nearly all of the company’s stores.

September 3, 2014

ACI Worldwide, a leading global provider of electronic payment and banking solutions, announced that Auchan Group, one of the world’s largest food retailers, has selected the company to deliver its new SEPA-compliant European card payments platform, the first of its kind in Europe.

September 3, 2014

ACI Worldwide, a leading global provider of electronic payment and banking solutions, announced that Auchan Group, one of the world’s largest food retailers, has selected the company to deliver its new SEPA-compliant European card payments platform, the first of its kind in Europe.

September 3, 2014

My experience in cyber security tells me that the retail sector probably represents the most fertile ground for cyber criminals.

August 28, 2014

Macy’s Inc. has begun offering customers a digital wallet application called My Wallet. Available via mobile Web browser or the Macy’s mobile app, My Wallet automatically gives customers access to any credit cards already stored on their Macys.com account, according to the retailer’s MyWallet Web page.

August 27, 2014

While gift cards are still made of plastic, digitally formatted gifts cards are increasing in popularity. (According to research by payments giant First Data, electronic gift card sales grew 71% from 2012 to 2013.) Consumers particularly like the customization options — including video and audio in some instances — that some retailers offer with digital cards. Another popular option: the ability to load a digital card onto a mobile device

Here are a few other unique benefits digital gift cards offer:

August 27, 2014

In light of the recent announcement of the “Backoff” malware threatening the POS security of retailers, the PCI Council strongly encourages companies as a matter of urgency to consider the following recommendations:

August 27, 2014

In light of the recent announcement of the “Backoff” malware threatening the POS security of retailers, the PCI Council strongly encourages companies as a matter of urgency to consider the following recommendations:

August 27, 2014

With all the attention being paid to mobile commerce, wearable technology and other cutting-edge developments in the world of retail IT, the in-store POS terminal is sometimes taken for granted. However, employing a rugged, durable POS terminal that can withstand the rigors of the modern retail environment can have a major impact on in-store customer experience and sales.

August 26, 2014

American prepaid card users are the leading users of mobile payments.

August 25, 2014

Cybera Inc., a provider of virtual application network services, has completed a new National Bankcard Service (NBS) payment Virtual Application Network (VAN) that enables connectivity between POS and NBS payment processors.

August 25, 2014

As payment and POS technology continues to evolve ever more rapidly, it is more critical than ever to make sure that your POS equipment is up-to-date.

August 25, 2014

As payment and POS technology continues to evolve ever more rapidly, it is more critical than ever to make sure that your POS equipment is up-to-date.

August 18, 2014

The National Retail Federation on Monday told the U.S. Supreme Court that the debate over debit card swipe fees is “of staggering importance” and asked the justices to review a ruling that left the Federal Reserve’s cap on the billions of transactions conducted each year at 21 cents rather than reducing it to a lower level.


August 18, 2014

Mall owner Simon and payment solution-provider Blackhawk Network have teamed up to offer an enhanced Visa Simon Giftcard at select Simon malls, Premium Outlets and Mills, and online at Simongiftcard.com.

August 13, 2014

Amazon.com has entered into direct competition with digital payment providers Square and PayPal by releasing Amazon Local Register, a secure card reader and mobile app that allows retailers to accept credit and debit cards from a smartphone or tablet.

August 13, 2014

Amazon.com has entered into direct competition with digital payment providers Square and PayPal by releasing Amazon Local Register, a secure card reader and mobile app that allows retailers to accept credit and debit cards from a smartphone or tablet.

August 11, 2014

What are you currently doing about unredeemed balances on your company’s gift cards? Are these amounts being tracked, reported and paid over to your state of incorporation? If the answer to these questions is no, you could be at risk for significant liability, depending on the outcome of a case currently pending in Delaware.

© 2014