Payment Methods

News
LendUp, Moneygram Partner to Offer Real-Time Offline Loan Payments
August 11, 2014

San Francisco-based LendUp will announce today that is has signed two service agreements with global money transfer and payment services company, MoneyGram, according to a LendUp release. LendUp will enable real-time offline payments for loans using MoneyGram’s ExpressPayment Service at 39,000 agent locations in the...

Merchant Innovation
5 Billion More Chances To Buy
August 08, 2014

Americans get 5 billion emails a day and 75 percent of them are viewed on mobile devices. @Pay has taken this 30 year old communications tool and turned it into a powerful point of sale. PYMNTS CEO Karen Webster caught-up with @Pay’s CEO John Killoran...

Report That E-Commerce Firm Fab.com Has Put Itself On The Market
August 08, 2014

Home design e-tailer Fab.com is in talks to be acquired, according to comments its CEO made to Forbes.com. “We have had a lot of inbound interest in the valuable Fab brand and assets. We are currently evaluating such inquiries,” Fab.com CEO Jason Goldberg said, according...

Europe
UK Mobile P2P Scheme Gets 1M Users In First 100 Days
August 07, 2014

The Paym service seems to be taking off among British banking customers. More than a million users have signed on to use the service, which allows (U.K. equivalent) ACH transfers of funds between mobile numbers. Launched in April, Paym is a cooperative move between HSBC,...

Europe
Blackhawk Lands Another Mobile Gift Card Deal
August 07, 2014

Blackhawk Network is partnering with Barclays Bank to enable merchant gift cards as a choice on the Pingit mobile payments app. The two-year-old Pingit app connects Barclays’ customer account, which enables customers to transfer funds via mobile numbers. Pingit is also available for customers who...

News
Amex Drops Black Card Lawsuit
August 07, 2014

American Express has given up its bid to wrest total control of the “Black Card” brand name from Netherland’s registered Israel-based coffee producer, which owns the Black Card coffee trademark.  A court dismissed the case after AmEx withdrew its action. Israel’s Strauss Group, Strauss Coffee...

Cool
Could Apple Reinvent Restaurant Reservations and Payment?
August 07, 2014

OpenTable reinvented the restaurant reservation dining scene 16 years ago and more recently introduced mobile payments into the mix. But is Apple next up to reinvent the dining experience for hungry people and restaurateurs? MPD CEO Karen Webster shares two separate but related data points...

Merchant Innovation
Twitter Shopping Service Leaks Out Through App Feature
August 07, 2014

If Twitter is trying to keep its imminent commerce plans confidential, it should probably clue in its mobile app developers, who have made visible a preference option for “payment and shipping” in its Android app. (It’s apparently not been yet made visible in the iOS...

Alternative Finances
Increasing Basket Size – One Bill At A Time
August 07, 2014

Milk, blueberries, yogurt, Popchips, Comcast monthly bill? Yep. A growing roster of retailers now enable their customers to pay a variety of monthly bills at checkout. And, the benefits go well beyond customer convenience – increasing both foot traffic and impulse buys, especially for those...