No matter how tricky aligning a QR code to the brackets on a phone screen might be, it’s not pushing smartphone owners away. A Nielsen report released last week showed that quick response (QR) codes, or bar codes, have emerged as one of the most...
Many older brick and mortar chains are still using POS systems that are outdated and costly as compared to newer, state-of-the-art POS technology, according to VentureBeat. Because of this, payments startup Zing released a new POS platform “presented as a way to ditch clunk, old...
There is no shortage of digitally backed currencies in the world. There’s bitcoin, that granddaddy of them all but the list goes on and gets longer each day. More or less, they are all based on the same innovation: the open source block-chain and the...
Unattended retail is the sleeper of the payments industry. This $120 billion sector in the U.S. includes everything from vending, commercial laundry, and self-serve kiosks, to arcades. It’s also estimated that there are between 13 and 15 million locations ready and waiting to move from...
Getting consumers to buy more is perhaps the most difficult challenge retailers and brands face. But their omnichannel efforts to reach customers wherever they are, and whenever, represent only half the battle. A recent Nielsen study suggests those sellers also able to identify their “super...
B2B card provider WEX during this year’s second quarter saw spend volume on its virtual card grow by 26 percent, driven mostly by its relationship with travel agencies. With its newly acquired Evolution1 healthcare technology company, WEX may could bring the virtual card to the...
What does a Chief Ninja do on his summer vacation? MPD CEO Karen Webster got a chance to find out when she chatted with LevelUp Chief Ninja Seth Priebatsch about the company's latest expansion this summer, which will move LevelUp into a crowded but lucrative...
Minnesota Twins fan? PYMNTS.com is officially sorry, it’s been a tough season. On the upside, Minnesota baseball fans looking to distract themselves from the Twin’s last place standing in the AL Central division and 48-58 win record with a little retail therapy now have a...
Prepaid products have struggled to find their footing in many markets, in spite of the rapid growth reported in the segment. One reason is a “one size fits all” approach to prepaid program development. i2c General Manager Scott Salmon tells PYMNTS how data can help...