Content about Payment systems

July 29, 2014

BJ’s Wholesale Club has signed a new long-term agreement for Alliance Data Systems Corp. to provide co-brand credit card services.

Westborough, Mass. – BJ’s Wholesale Club has signed a new long-term agreement for Alliance Data Systems Corp. to provide co-brand credit card services. The BJ's credit program will convert to MasterCard.

July 28, 2014

Fujitsu is partnering with OnCue Technologies, a developer of in-aisle point-of-information solutions, to resell OnCue Technologies' InfoCue and Expert OnCue mini-kiosk solutions to big-box, grocery, beverage and hardware retailers in the U.S.

Sunnyvale, Calif. -- Fujitsu is partnering with OnCue Technologies, a developer of in-aisle point-of-information solutions, to resell OnCue Technologies' InfoCue and Expert OnCue mini-kiosk solutions to big-box, grocery, beverage and hardware retailers in the U.S. OnCue Technologies' cloud-based, customizable mini kiosks enable retailers to deliver expert advice and product information to customers in the aisle without requiring employee training.

July 28, 2014

The National Retail Federation, Retail Industry Leaders Association, Food Marketing Institute, Merchant Advisory Group, National Association of Convenience Stores, National Grocers Association, and National Restaurant Association are jointly calling for an open and universal tokenization standard in the U.S. payments system.

Washington, D.C. – The National Retail Federation (NRF), Retail Industry Leaders Association (RILA), Food Marketing Institute (FMI), Merchant Advisory Group, National Association of Convenience Stores (NACS), National Grocers Association, and National Restaurant Association (NRA) are jointly calling for an open and universal tokenization standard in the U.S. payments system.

July 28, 2014

Society Bakery is using the mobile Cartwheel Register checkout app from Tantrum Street to conduct transactions via smartphones and tablets.

Dallas - Society Bakery is using the mobile Cartwheel Register checkout app from Tantrum Street to conduct transactions via smartphones and tablets. The app includes a back-end system offering reports such as costs, sales information, and item management, available both immediately via phone and emailed daily.

Society Bakery has improved ordering, checkout and reporting functions since rolling out Checkout Register.

July 24, 2014

Visa Inc. is introducing Visa Digital Solutions, a comprehensive suite of offerings that facilitate secure payments across a broad range of Internet-connected devices and wearables.

Foster City, Calif. – Visa Inc. is introducing Visa Digital Solutions, a comprehensive suite of offerings that facilitate secure payments across a broad range of Internet-connected devices and wearables.

Visa Digital Solutions fall into two main categories of supporting new payment models and protecting consumers and supporting innovation.

July 23, 2014

Card.com, a provider of mobile prepaid debit cards, is partnering with IDology, a vendor of technology solutions that verify an individual’s identity and deter fraud anywhere in the payments value chain.

Atlanta - Card.com, a provider of mobile prepaid debit cards, is partnering with IDology, a vendor of technology solutions that verify an individual’s identity and deter fraud anywhere in the payments value chain. Card.com has integrated IDology’s real-time, on demand identity verification and fraud prevention solution into their Customer Identification Program (CIP) process in order to improve their customer approval cycle, streamlining customer onboarding while also preventing fraud.

July 23, 2014

Cumberland Farms, is launching its free SmartPay Check-Link Business payment program, which enables business owners to save 10 cents on every gallon of gas for their fleet of vehicles.

Framingham, Mass. - Cumberland Farms, is launching its free SmartPay Check-Link Business payment program, which enables business owners to save 10 cents on every gallon of gas for their fleet of vehicles. SmartPay Business offers two ways to save – the SmartPay Business Card and the SmartPay Business Mobile App.

July 23, 2014

Recent innovations in digital payments have helped move e-commerce from just online on desktop browsers to mobile and social, which has opened new channels for retailers to drive revenue and gain loyalty. But more channels have also opened the door to new challenges.

By Tyler Roye, Co-founder and CEO, eGifter

July 22, 2014

Roman Kikta, managing partner and founder of Mobility Ventures, has joined Tantrum Street’s board of directors and will provide strategic guidance for the retail technology startup as it rolls out its Cartwheel Register mobile checkout app and Skip Wallet digital wallet app to the North American market.

Dallas - Roman Kikta, managing partner and founder of Mobility Ventures, has joined Tantrum Street’s board of directors and will provide strategic guidance for the retail technology startup as it rolls out its Cartwheel Register mobile checkout app and Skip Wallet digital wallet app to the North American market.

July 21, 2014

GameStop customers can now exchange gift cards online for a GameStop e-gift card.

San Francisco - GameStop customers can now exchange gift cards online for a GameStop e-gift card. The new offering is part of a partnership with Cardpool, a gift card exchange platform.

With three steps, a consumer will be able to trade in plastic and e-gift cards online by filling out his or her individual gift card. Upon verifying the information and completing the transaction, a GameStop e-gift card is emailed and the recipient can either redeem the e-gift at a Game Stop store or the company’s e-commerce site.

 

July 16, 2014

Visa is launching a new service, Visa Checkout that enables consumers throughout the United States, Canada and Australia to pay for goods online, on any device, with just a few clicks.

San Francisco -- Visa is launching a new service, Visa Checkout that enables consumers throughout the United States, Canada and Australia to pay for goods online, on any device, with just a few clicks.

July 14, 2014

Consumer spending slowed in June but remained positive on a year-over-year basis with a growth of 3%, according to First Data SpendTrend analysis, which tracks same-store point-of-sale data by credit, signature debit, PIN debit, EBT, closed-loop prepaid cards and checks from nearly four million merchant locations serviced by First Data.

Atlanta -- Consumer spending slowed in June but remained positive on a year-over-year basis with a growth of 3%, according to First Data SpendTrend analysis, which tracks same-store point-of-sale data by credit, signature debit, PIN debit, EBT, closed-loop prepaid cards and checks from nearly four million merchant locations serviced by First Data.

July 8, 2014

According to a survey of more than 1,100 U.S. consumers from the Retail Gift Card Association (RGCA), 77% of consumers have given a gift card in the past year and 90% have received at least one in the past year.

Washington, D.C. - Americans love giving and receiving gift cards. According to a survey of more than 1,100 U.S. consumers from the Retail Gift Card Association (RGCA), 77% of consumers have given a gift card in the past year and 90% have received at least one in the past year.

July 7, 2014

Consumers around the world are accepting of mobile technology and think technology should make payments easier and more connected, according to a recent 15-country survey from PayPal.

San Jose, Calif. – Consumers around the world are accepting of mobile technology and think technology should make payments easier and more connected, according to a recent 15-country survey from PayPal.

July 7, 2014

Consumers around the world are accepting of mobile technology and think technology should make payments easier and more connected, according to a recent 15-country survey from PayPal.

San Jose, Calif. – Consumers around the world are accepting of mobile technology and think technology should make payments easier and more connected, according to a recent 15-country survey from PayPal.

July 2, 2014

Tim Hortons and Canadian Imperial Bank of Commerce (CIBC) are launching the new CIBC Tim Hortons Double Double Visa Card, leveraging a two-button technology that allows cardholders to press the CIBC Visa button on the front of the card to pay for their purchases anywhere Visa is accepted.

Toronto – Tim Hortons and Canadian Imperial Bank of Commerce (CIBC) are launching the new CIBC Tim Hortons Double Double Visa Card, leveraging a two-button technology that allows cardholders to press the CIBC Visa button on the front of the card to pay for their purchases anywhere Visa is accepted. One percent of each dollar spent is converted instantly into Tim Cash rewards, and by touching the Tim Card button, cardholders can then redeem their Tim Cash loyalty points at Tim Hortons locations.

July 2, 2014

Tim Hortons and Canadian Imperial Bank of Commerce (CIBC) are launching the new CIBC Tim Hortons Double Double Visa Card, leveraging a two-button technology that allows cardholders to press the CIBC Visa button on the front of the card to pay for their purchases anywhere Visa is accepted.

Toronto – Tim Hortons and Canadian Imperial Bank of Commerce (CIBC) are launching the new CIBC Tim Hortons Double Double Visa Card, leveraging a two-button technology that allows cardholders to press the CIBC Visa button on the front of the card to pay for their purchases anywhere Visa is accepted. One percent of each dollar spent is converted instantly into Tim Cash rewards, and by touching the Tim Card button, cardholders can then redeem their Tim Cash loyalty points at Tim Hortons locations.

July 1, 2014

Newegg is partnering with BitPay to accept Bitcoin payments on Newegg.com. The company’s registered customers can now pay using Bitcoin through BitPay.

Los Angeles – Newegg is partnering with BitPay to accept Bitcoin payments on Newegg.com. The company’s registered customers can now pay using Bitcoin through BitPay.

With BitPay’s platform, Newegg can accept Bitcoin payments and also handle refunds and payment exceptions using the Bitpay Bitcoin API. When completing an order on Newegg.com, customers can now select “Bitcoin” from the list of available payment methods during stage two of the order process.

June 24, 2014

Cameras at the point of sale have become a routine feature of brick-and-mortar stores. They help ensure that items do not get stolen or accidentally passed through checkout lines without being scanned. But the “tale of the tape” by itself is not always obvious when it comes to detecting and preventing loss at the POS.

June 24, 2014

A shopper finds a particular pair of shoes he wants, but his size isn’t in stock. Instead of walking away empty-handed, he browses a kiosk and orders the shoes, choosing home delivery.

By Adam Blake, VP and General Manager, Department and Specialty Retail, NCR

June 24, 2014

The store is generally considered to represent the “last mile” of the retail supply chain. In recent years, retailers have focused on making this final, crucial step as easy and convenient for customers as possible. The emergence of leading-edge digital technologies has allowed retailers even further opportunity to turn paying for goods into a fast, seamless process.

Following are a few examples of how retailers are reinventing how products are checked out and payments are processed.

June 24, 2014

Data breaches are on the rise: Mounting an attack on retail systems has become increasingly attractive to attackers because malware can be delivered at very low cost, according to Mark Bower, VP product management and solutions, Voltage Security, a Cupertino, California, provider of data-centric encryption and tokenization.

“So it becomes very attractive to attackers to try and steal credit card and personal data they can monetize very quickly,” he added.

June 18, 2014

PayPal is reportedly expanding the customer service center located in its European headquarters based in Dundalk, Ireland.

San Jose – PayPal is reportedly expanding the customer service center located in its European headquarters based in Dundalk, Ireland. According to the Irish Independent, PayPal will make a “massive investment” in the center in the next four years that will add 400 workers.

The expansion will bring the combined PayPal-EBay workforce in Dundalk to 1,850. New jobs will include customer solutions, risk operations and telesales positions.

 

June 12, 2014

PayPal has launched PassPort, a website designed to provide small businesses with free tools to expand their global sales.

San Jose, Calif. — PayPal has launched PassPort, a website designed to provide small businesses with free tools to expand their global sales. PassPort provides country-specific guidance on seasonal sales peaks; shipping and distribution logistics; currency exchange and fees; and customs procedures and taxes.

In addition to holiday-specific content, PassPort presents buying and selling patterns around the globe and across key corridors. PassPort helps businesses start selling internationally quickly via direct links to eBay Marketplace tools.

June 10, 2014

Rocky Mountain Chocolate Factory (RMCF) is providing PCI compliance and security management services to 280-plus franchised RMCF locations using the Cybera One platform. RMCF sought a comprehensive network security solution to facilitate cost-effective PCI Security Council data security standards (DSS) compliance, as well as a solution that could ease implementation and management challenges and protect brand identity.

Durango, Calif. — Rocky Mountain Chocolate Factory (RMCF) is providing PCI compliance and security management services to 280-plus franchised RMCF locations using the Cybera One platform. RMCF sought a comprehensive network security solution to facilitate cost-effective PCI Security Council data security standards (DSS) compliance, as well as a solution that could ease implementation and management challenges and protect brand identity.