While nearly three-quarters of retailer are planning to develop the capacity to identify customers when they walk in the store via their smartphones is a top priority for retailers, at present only 3 percent have the ability to do so right now, according to a...
London start-up TransferWire – a startup that allows users to send money overseas at a far lower cost than what is traditionally charged by banks for the service – has received a shot in the checking account with a $25 million investment from Sir Richard...
Last week’s Apple WWDC keynote has prompted a bunch of Monday morning quarterbacking with respect to Apple’s plans for devices, software and even payments. Although Tim Cook’s and Craig Federighi’s keynotes were devoid of any direct reference to how Apple would pursue “payments,” (even disappointing...
While the rest of the retail sector’s growth is sluggish, electronic shopping continues to pick up steam, according to new U.S. Census Bureau statistics. Going by the County Business Patterns: 2012, the number of electronic and mail-order shoping establishments grew by around 27 percent during 2012,...
Apple’s WWDC showing sort of got PYMNTS people talking about Karen Webster’s piece on Apple’s potential mobile payments ambitions. So did reports that small merchants may be turning their backs on EMV for mobile and merchants taking the debit card fight to the Supremes (we...
A new service from Royal Solutions Group backed by Chase Paymentech can help healthcare providers secure payments at the time of service, thus reducing or eliminating invoicing costs while improving cash flow. The service also follows a trend where health care providers increasingly are working...
MasterCard announced earlier this week that it has a cashless rollout initiative planned that could reduce cash transactions in Nigeria by 70 percent. MasterCard Vice-President and Area Business Head Omokehinde Ojomuyide recently spoke in Lagos, and reportedly said that the planned initiative is designed to reduce...
The world’s largest retailer is getting serious about making the mobile jump. Walmart customers with the retailer’s app on their phone will now be able to directly access Walmart’s Savings Catcher online receipt comparison tool. The proprietary technology behind Savings Catcher compares competing retailer ads and...
Ever heard of a small merchant wanting to flip cash paying customers to cards? Well, that’s what happens, Womply says, when small merchants implement the Womply Merchant Insights Platform. So what’s up with that? MPD CEO Karen Webster got the chance to talk with Cory...
