News

Company Spotlight
Why Discover Set Its Sights On Barclaycard
July 12, 2013

“Discover is building a global payments business, and as such, you need to have acceptance.” According to Gerry Wagner, vice president of global acceptance at Discover, such is the simple yet practical logic behind his company’s deal with Barclaycard: a pairing that made headlines around...

Kmart Coupons Come To Passbook
July 02, 2013

Kmart users can now save coupons in Apple’s Passbook app. Mobile Commerce Daily reports that the new functionality was announced in a SMS message promotion that encouraged users to click a link to receive a coupon. The links led to time-sensitive coupons valued at between...

Company Spotlight
NFC Forum Signs Verizon, Discover
June 20, 2013

June 19, 2013 Non-profit industry association NFC Forum has signed up Verizon and Discover as principal members, NFC World reports. The agreements with these major companies coincided with the addition of new associate members, non-profit members and implementer members, bringing the total number of organizations...

Company Spotlight
Build Vs. Buy: The MPOS Conundrum
June 19, 2013

To build an MPOS solution, or to buy one: that is the question. As retailers and merchants look to build out their unique mobile point of sale platforms, they’re faced with no shortage of difficult questions. How can they produce a solution specific enough to...

iZettle Joins Clip In Mexican MPOS Race
June 18, 2013

Swedish social payments company and MPOS provider iZettle announced that it will now offer its iOS and Android services in the Mexican market, according to a press release. Mexican merchants are currently being served by recently launched startup Clip, but Square has not yet entered the...

B2B Payments
Study: 41% Of B2B Companies Are eCommerce Adopters
June 12, 2013

B2B companies are increasingly transitioning towards eCommerce transactions, according to a B2B report. The study, “The Emerging Role of B-to-B eCommerce,” stated that 41 percent of B2B marketers are “strong” or “complete” eCommerce adopters. Forty percent are expected to commit to eCommerce by 2014, with...

Shopmium Raises $5.6 Million For Coupon Discovery App
June 04, 2013

Jun 4, 2013 French coupon advertising platform Shopmium ended its Series B funding round with $5.6 million in capital, according to TechCrunch. The money came from investors including Accel Partners, ISAI and Ventech, which added to Shopmium’s undisclosed seed funding earnings. Shopmium’s CEO said the...

Company Spotlight
Innovating “it”: The Path To Discover’s New Card
May 14, 2013

What leads an established payments powerhouse to reengineer an already popular platform? According to Julie Loeger, SVP of brand and acquisition at Discover, the answer is simple: listening to the consumer. PYMNTS.com spoke with Loeger to get a behind-the-scenes look at the creation of Discover’s...

Company Spotlight
Visa Updates Offers To Let Merchants Eliminate Coupons, Target Rewards
May 13, 2013

As part of a move to “strengthen issuer relationships,” Visa Offers announced a processing enhancement on May 13 that aims to make altering and redeeming discounts through the platform an easier, more effective experience for both merchants and their customers. “Visa has a long history...