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MasterCard, Visa Cut Interchange In Canada
MasterCard, Visa Cut Interchange In Canada
November 05, 2014  |  News

Visa and MasterCard agreed to cut their interchange rates in Canada by about 10 percent, to 1.5 percent on consumer credit cards, for the next...

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Inside The Apple Pay Issuer Contracts
Inside The Apple Pay Issuer Contracts
November 05, 2014  |  Apple Pay

When Apple insists on its cut from Apple Pay transactions, it’s not kidding. According to details from a leaked copy of the contract, Apple can...

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New Loyalty Startup Snags Dollars and Big Name Partnerships
New Loyalty Startup Snags Dollars and Big Name Partnerships
November 05, 2014  |  Loyalty & Rewards

Small-merchant loyalty program startup Thanx launched on Tuesday (Nov. 4) with $4.7 million in funding from Sequoia Capital and partnerships with Visa, MasterCard and Apple...

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Best Buy Jumps To Visa For Processing
Best Buy Jumps To Visa For Processing
November 05, 2014  |  Loyalty & Rewards

Best Buy is reportedly switching its credit-card processing partner to Visa from MasterCard, according to Bloomberg. Visa CEO Charles Scharf told analysts during an earnings...

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Pay By Photo? Tip.ly Says Why Not?
Pay By Photo? Tip.ly Says Why Not?
November 05, 2014  |  News

Person-to-person payments startup Tip.ly has launched a new service for tipping: Just snap a picture of the tip’s recipient and Tip.ly will handle the rest,...

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Beacons, Burgers, Beer And Football
Beacons, Burgers, Beer And Football
November 05, 2014  |  Loyalty & Rewards

The San Francisco 49ers have gone live with a network of beacons that covers all 1.85 million square feet of their football stadium, TechCrunch reported....

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Congress’s eBay Data Breach Probe
Congress’s eBay Data Breach Probe
November 05, 2014  |  News

A bipartisan group of U.S. House representatives have asked eBay some pointed questions in the wake of the massive data breach the company announced in...

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