Payment Options
April 18, 2016 at 10:40 am
The payments industry is evolving rapidly, between the switch to Europay, MasterCard, and Visa (EMV) in the United States this past year along with the successes and failures associated with mobile payments. With new innovations and technologies also comes a shift in consumer behavior and expectations.
April 1, 2016 at 9:39 am
Wal-Mart is rolling out new cash-back rewards for its credit and prepaid cards. The retailer's cards — the Wal-Mart MasterCard, Wal-Mart credit card and prepaid MoneyCards — will now offer 3 percent back on purchases made on Walmart.com, 2 percent back on fuel purchases at Wal-Mart or Murphy USA gas stations, and 1 percent back on…
March 28, 2016 at 12:10 pm
E-commerce took a couple big leaps forward in innovation and efficiency in 2015. While it’s easy to examine past success and the trends of the previous year, the most important thing retailers can do now is use that knowledge to stay ahead of the curve. Here are three of the most important trends that online retailers…
March 25, 2016 at 9:38 am
Apple Pay is finally ready to move beyond apps. Apple has been telling potential partners that its payment service, which lets shoppers complete a purchase on mobile apps with their fingerprint rather than by entering credit card details, is expanding to websites later this year, multiple sources told Re/code. The service will be available to shoppers using…
March 23, 2016 at 11:00 am
Avi Kaner, a co-owner of the Morton Williams supermarket chain in New York, has spent about $700,000 to update the payment terminals at his stores. Trouble is, he cannot turn them on. The new terminals can accept credit and debit cards with embedded digital chips, a security feature intended to reduce the number of fraudulent purchases. But before…
February 9, 2016 at 10:11 am
Have you ever tried buying something at a store, restaurant or convention and watched the merchant fumble around with one of those Square or PayPal card readers? The idea of customers standing around and waiting for someone to take their money drives me crazy. If it wasn’t for the face-to-face, personal nature of in-store transactions,…
February 5, 2016 at 10:55 am
Contactless transactions are fast, simple and highly intuitive. They're a natural fit for the fast-paced lifestyle of today’s consumers. In a seemingly instantaneous manner, the tiny antennae embedded inside credit cards and smartphones communicate with payment terminals to transact purchases. Due to the near ubiquity of mobile devices, however, contactless payments are experiencing a mobile-heavy…
January 28, 2016 at 12:01 pm
Between the switch to EMV in the United States, the success and failures of mobile payment apps from major corporations, and the debut of Walmart Pay, 2015 was a pivotal year for the payments industry. New innovations and technologies have led to a shift in consumer expectations when choosing payment providers. With the rise of…
January 22, 2016 at 10:55 am
A funny thing has happened on the road to selling Cabela’s, the giant retailer of hunting, fishing and outdoor gear. The company, instead of placing the entire 27-store chain on the block, has decided to first sell its highly profitable credit card operation, The Post has learned. And since Cabela’s is seeking special conditions to the…
January 15, 2016 at 11:05 am
A class-action lawsuit that's been dragging on since 2010 and has seen its share of complications is coming to a close. Zepeda vs. PayPal deals with the unpopular practice of holds that PayPal placed on sellers’ funds. PayPal has denied all allegations of wrongdoing and liability. The parties have reached a preliminary settlement in what…
