Payment Methods

Acquiring
Discover Gets Competitive With Discounts For Banks
September 08, 2014

After spending years seeing its signature debit products summarily trounced by rivals Visa and MasterCard, Discover is raising the level of its game by dropping its prices. Specifically, Discover has struck a deal with the American Bankers Association that will provide the trade group’s approximately...

Karen Webster
Innovation … You Know It When You See It
September 08, 2014

How Innovative Is Payments? No one really knows how to consistently define or measure innovation. Hear me out. Tuesday (Sept. 9) is finally the day that Apple, a company that has topped just about every chart imaginable that measures innovation over the last three decades...

Acquiring
September 06, 2014

Over the past week, PYMNTS.com’s brief’s coverage in this newsletter has spanned a broad variety of issues. In this column, we take a look at five common elements that link many of those stories, in essence making them the “trends of the week.”   Banking...

New Prepaid Program Gets College Kids Safe Rides Home
September 05, 2014

Store Financial announced that it has teamed up with Home Safe Card to launch a prepaid card that encourages a safe ride home for students, families, and business travelers, according to a company release. The University of Tampa is piloting the program, with Store Financial...

Alternative Finances
Back To School With Bitcoin
September 05, 2014

PYMNTS.com Bitcoin Price and Volatility index. Follow 303 Cryptocurrencies here: http://coinmarketcap.com/ . Bitcoin Tracker | Week 39     School’s back in session and bitcoin is on the syllabus for students at MIT, NYU Law and Switzerland’s University of Zurich. Students can even pay for notebooks and...

Canada’s Credit-Card Fee Crackdown
September 05, 2014

Canada’s government is pushing Visa, MasterCard and banks to accept lower interchange fees paid by Canadian retailers, which the government claims are currently among the highest in the world, Bloomberg reported on Thursday (Sept. 4). Officials from Visa and MasterCard have held talks with government...

Merchant Innovation
Apple Smartwatch Will Have NFC Payments
September 05, 2014

Apple plans to include the ability to do contactless payments in its rumored iWatch, the Wall Street Journal reported on Thursday (Sept. 4), citing unnamed sources. The smartwatch, like the new model of the iPhone that is expected to be announced next Tuesday (Sept. 9),...

Alternative Finances
Big Retail Investments, Huge Acquisitions And Security Reigns Supreme
September 05, 2014

PYMNTS Innovation Investment Tracker Here we are two months into Q3 and there are some interesting trends to observe in the FinTech investments space. Banking and security rule So do investments in retail payments Summer was defined by some pretty big acquisitions on both the...

News
What PayPal Here’s New SDK Means For Its POS Strategy
September 05, 2014

PayPal is extending the software behind its PayPal Here payment-card-reading device so that the system will also work with brick-and-mortar stores’ existing countertop payment-card readers, TechCrunch reported on Thursday (Sept. 4). The extension takes the form of a software development kit (SDK) and it is being...