Boston-based LevelUp has officially taken its iBeacon pilots out of stealth and is now running full tilt with this new technology. But today’s announcement is just the beginning of LevelUp’s plans to enhance the consumer experience and give merchants new options for serving them. PYMNTS...
Many businesses are working to find a comprehensive solution to the health care payments system, ensuring that all parties are satisfied and given payment options that suit their needs. Yesterday, WEX, Inc. took a major step forward in accomplishing that goal with a key acquisition.
Making mobile payments using an internet connection would soon be a thing of past with Edgepay POS terminals leveraging recently developed NearBytes technology that operates on encrypted sound. NearBytes, which was developed last year by Brazilian startup Kinetics, is a sound-based data transfer technology that...
Bitcoin quietly faced and passed through what has been called a “doomsday” scenario Friday night. GHash, a bitcoin mining pool (operated by an anonymous entity called CEX.io) briefly held 51 percent of total network mining. While that may sound like a less intriguing headline than...
Hopeful Amazon Kindle consumers who wanted a payment plan so they could purchase the coveted e-reader might be in luck. According to Amazon’s promotional page, customers can make five monthly payments instead of one lump sum at checkout, in order to buy a Kindle. TechCrunch...
Some pretty big stuff got the payments industry talking this week. PayPal’s President moves to Facebook, World Cup revelers can’t get Brazilian currency and a mobile payments innovator claims HCE isn’t all that it’s cracked up to be. That was just Tuesday, Wednesday and Thursday!...
Examining changing trends in the payment industry from consumer credit to regulation and technology, Merchant Warehouse released its second 2014 State of Payments quarterly update. According to the report, the Consumer Credit Index revealed that revolving credit fell by $2.5 billion to $885.8 billion in...
Ton of apps help parents find babysitters. But one, called CluckCluck, allows parents to not only communicate with them but pay them as well. PYMNTS.com spoke recently with co-founder Heather Estenson Joyce to learn more on how this payments app can help cash-strapped parents strapped...
BlackBerry’s smartphone sales continue to show fewer and fewer signs of economic life and seems the company is now following the common advice it is being given. Get out of hardware and make the move to platform services. To that end, yesterday the Canadian company...
