Payment Methods

Mobile Commerce
Lilly Pulitzer: It’s Time For Mobile POS
June 03, 2014

Lilly Pulitzer’s In the Pink stores are currently the design chain’s largest string of retail stores in the U.S. Recently, the elite retail option took an important step forward in terms of its payments processing. Last month, In the Pink launched a mobile point-of-sale (POS)...

International
Argentinian Central Bank Warns Consumers of The Risks Of Digital Currency
June 03, 2014

Bitcoin’s promising South American development has hit a bump in the road with Argentinian Central Bank having gone and issued a warning on the perils of getting involved with digital currencies. Though bitcoin is not the only digital currency, it is the largest one. The...

Mobile Commerce
Mozido Jumps on the Mobile POS Bandwagon
June 03, 2014

All the cool kids are doing mobile point-of-sale systems, right? Well, that was potentially part of the thinking process for investors that helped finance the Austin, Texas-based startup called Mozido. According to an Austin Business Journal article, the mobile payments startup Mozido recently reported a...

International
MasterCard’s MasterPass Launches In Singapore
June 03, 2014

Singapore consumers looking to end the never-ending cycle of entering billing and shipping information that comes part-in-parcel with online shopping now have a new tool in the box to make shopping easier. MasterCard has launched its MasterPass program, which will allow Singapore’s shoppers to store...

Controversial
Apple: Payments? Isn’t There An App For That?
June 03, 2014

Once again, Apple has disappointed those theorizing this is the year the maker of iPhones and iPads launches its own payment scheme. Discussions at the opening of the company’s WWDC made no mention of hardware changes, and the likelihood of a payments scheme appears not...

Europe
With The PowaTag Platform European Companies Can Build “Virtual Boutiques” Using Real World Advertisements
June 03, 2014

European shoppers who are looking for fashion on the go can now make their purchases in 20 seconds or less using their smart phones. Fast Retailing Co.’s Comptoir des Cotonniers division has paired with Powa Technologies, a London-based app maker, to make it possible for...

News
To Cash Or Not To Cash, That Is The Question
June 03, 2014

When it comes time to pay, what is the best method of payment? The debate continues over whether or not cash is the answer. According to a recent Cardtronics Europe report, 90 percent of payments made in retail stores in Europe are made in cash....

Company Spotlight
Putin: “Da” to Visa and MasterCard Staying In Russia
June 03, 2014

Russian President Vladimir Putin reportedly has signed amendments to a recently enacted law that make it easier for MasterCard and Visa to remain operating in that country. Specific details, remain sketchy, and there may be a $3 billion string attached to the deal.

Commentary
Will Apple Become The American Express of Mobile Payments?
June 02, 2014

Today is the day that we might actually get a peek into Apple’s playbook on mobile payments. Anyone who hasn’t totally tuned out everything over the last week but the near endless coverage of the Kimye wedding and honeymoon knows that Apple is hosting its...