Payment Methods

Alternative Finances
Western Union To Deliver Same-Day ACH
June 12, 2014

The race for faster settlement through automated clearinghouse (ACH) payments continues to heat up. And Western Union soon may be in the driver’s seat.   Later this year, the funds-transfer company plans to introduce a same-day ACH option, Raj Agrawal, Western Union executive vice president...

Groupon Creates Most Distributed Mobile Coupon
June 12, 2014

Groupon announced this week that its Freebies coupon is now available for iOS devices, which makes it the nation’s most widely distributed mobile coupon destination. Freebies VP and GM Sean Smyth said in a Groupon statement that the move lets his company give shoppers more...

B2B Payments
The World Cup A Boon To B2B Payments
June 11, 2014

The world cup is a standout event that thrills the hearts of soccer fans around the world. And businesses, particularly those in the B2B space. From garment factories in Bangladesh to gambling platforms in the U.K. enterprises worldwide are finding a way to score with...

Europe
The Europe-wide Uber Protest Is On
June 11, 2014

Taxi drivers from London to Madrid plan to bring traffic to a halt this afternoon, across Europe’s most popular shopping and tourist locations, in protest of Uber, reports Bloomberg. The San Francisco ride-sharing app poses a threat to traditional taxi services globally, as its reach expands to...

Mobile Commerce
Chili’s – The Unlikely Newest Home Of Cutting Edging Ordering
June 11, 2014

It seems as though paper-based menus and bills in restaurants are about to join paper checks and printed newspapers on history’s discard pile. Family food chain and noted purveyor of baby-back ribs Chili’s has finished the installation of table-side tablets in their 823 locations nationwide. Diners...

News
University Now Accepting Visa Cards For Tuition Payments
June 11, 2014

Valdosta State University announced earlier this week that it will now accept payments for tuition and fees from Visa credit and debit cards. Previously, the university only accepted such payments from MasterCard, American Express, and Discover. Accoding to VSU Bursar Debra McCrary, the payments will...

Merchant Innovation
PS4 Users Can Now Buy Games With Just Their Phone Number
June 10, 2014

Boku has joined forces with Sony to provide the Boku Payments Platform, a carrier-based billing service, for the PS4 account wallets in Canada, Germany, the United Kingdom and the United States.

PayPal Founder Launches New Service (That Competes With PayPal)
June 10, 2014

PayPal co-found Max Levichin is back in the payments game, this time with the modest goal of recreating a consumer finance. Affirm Inc., his newest venture, has raised $45 million to help make that small dream a reality, reports Bloomberg Levchin explained at Bloomberg’s Next...

News
Wireless Wristband Fanatics, Rejoice!
June 10, 2014

Barclaycard announced earlier this week that it is launching a contactless payments wristband. According to The Telegraph, the “bpay” band uses the contactless payment technology in Barclays’ credit and debit cards. Consumers can make payments by scanning the wristband against one of 300,000 UK terminals....