Payment Methods

News
Revel’s New Drive-By Payment Option
May 28, 2014

Revel Systems – a California-based iPad point-of-sale maker is now offering drive-through accessory options that now make it possible for businesses to work with “drive through” customers without the use of a central server and complicated dedicated systems. Restaurants can upgrade to the service for only...

Financial Inclusion
AAFES Is Looking To Expand Online Shopping Among Veterans
May 28, 2014

The Army & Air Force Exchange Service (AAFES) wants to help veterans shop online. AAFES is the U.S. military’s largest retailer and it wants the Pentagon to allow it to offer online shopping to all honorably discharged veterans. Currently the site can only be used...

Merchant Innovation
Facebook To Bank: We’re Not A Threat
May 28, 2014

Facebook has denied that it has any intention to compete with banks, in a move to calm concerns reported on last month by Commonwealth Bank of Australia boss Ian Narev that it poses a strategic threat to the big four banks. Narev is one of many...

Mobile Commerce
Intuit To Buy Check Inc For $360M
May 27, 2014

Intuit Inc agreed to buy Check Inc. for $360 million in a deal that was signed on Friday, reports Reuters, who noted a Wall Street Journal report that cited people familiar with the situation. Intuit is the developer of tax-preparation software TurboTax, while Check Inc is a...

Europe
Skrill To Launch In Russia
May 27, 2014

Skrill, a European e-wallet provider with 35 million users and Yandex.Money, the largest electronic payment system in Russia with 13 million users, signed a partnership last week which will enable Skrill to expand into Russia. As part of the deal, Yandex.Money will be integrated in...

Merchant Innovation
Is Apple Ready to Feather Its Own “Nest?”
May 26, 2014

In an effort to blunt Google’s foray into the smart home as a result of its recent acquisition of Nest, it is widely expected that Apple will announce its own smart home strategy at its WWDC on June 2nd. This strategy, if announced, is expected...

International
Meu Dinheiro Claro’s New Mobile Tool
May 26, 2014

Meu Dinheiro Claro, the JV signed by telco Claro (AMX) and Bradesco, one of major banks, was able to add a new tool which allows customers registering via mobile vs. visiting the store and which is expected to boost adoption. The app allows checking balances...

Alternative Finances
Memorial Day is Great for BBQs, Even Perfect for Payment Scams
May 26, 2014

Memorial Day is better known in the U.S. as the time to honor those who served in the military. Unfortunately, the BBB is reporting that it has become the perfect opportunity for scammers to target those who are serving or have served their country, especially...

Cool
PYMNTS Talks Back
May 24, 2014

Wow, did we get our PYMNTS peeps buzzing this week! We thought that the POV on EMV would get some folks talking and we weren’t wrong. Then, two different but equally controversial pieces on bitcoin lit the PYMNTS place ablaze. The Overstock piece and the...