December 23, 2014

Spend on prepaid gift cards is on the rise this holiday season, as a significant majority (70%) of shoppers plan to purchase gift cards this season, according to an interim holiday spending report released by Stored Value Solutions, a provider of gift cards and stored value services.

December 22, 2014

Epicor Software Corp. is launching a strategic partnership with integrated payment solutions provider AJB Software Design, Inc. to simplify and secure electronic payment acceptance at the point-of-purchase, enabling retailers to accommodate new and emerging methods of payment and comply with security best practices such as the forthcoming Europay, MasterCard and Visa (“EMV”) initiative. 

December 22, 2014

About 1.16 million customer payment cards may have been exposed in a security breach at Staples Inc. earlier this year. 

December 19, 2014

The industry will lose an estimated $10.9 billion to return fraud this year, with  $3.8 billion accounted to this holiday season alone, up slightly from last year’s $3.4 billion. 

December 17, 2014

Payment technology provider First Data and secure payment acceptance technology vendor Verifone, are partnering to help retailers reduce exposure to large-scale consumer payment data breaches and expedite acceptance of EMV-enabled credit and debit cards in advance of the October 2015 liability shift for EMV-enabled payment card fraud.  

December 17, 2014

Starbucks Corp. anticipates record purchases of Starbucks gift cards on Dec. 24, citing the trend for customers to push their gift card purchases later and later. 

December 17, 2014

Payments made via near field communications (NFC)-enabled mobile handsets will account for $130 billion in worldwide consumer retail spend by 2020, according to a study by Strategy Analytics. 

December 17, 2014

Payments made via near field communications (NFC)-enabled mobile handsets will account for $130 billion in worldwide consumer retail spend by 2020, according to a study by Strategy Analytics. 

December 16, 2014

Three out of four (76%) online buyers are dissatisfied with the strength of credit card and personal information security among retailers. 

December 12, 2014

EMV is a great way to combat counterfeit cards at the point of sale (POS), but it does nothing to prevent the types of breaches seen in recent news headlines.

December 12, 2014

Consumers view the “right” payment method, (accessing points, discounts, and special offers,) as a critical part of the purchase process – good news for branded private label cards which allow retailers to cultivate loyalty, improve operating results, and gain sustainable competitive advantage. 

December 11, 2014

 EBay Inc. is reportedly considering cutting up to 3,000 jobs early in 2015. 

December 10, 2014

Payment just got faster for Papa John’s customers with Android phones. Papa John’s International Inc. will now begin accepting Google Wallet Instant Buy as a payment method for delivery and carry-out orders placed through the Android app. 

December 10, 2014

Payment just got faster for Papa John’s customers with Android phones. Papa John’s International Inc. will now begin accepting Google Wallet Instant Buy as a payment method for delivery and carry-out orders placed through the Android app. 

December 10, 2014

Gift cards will surpass $124 billion in sales in 2014, up 5% from 2013. 

December 10, 2014

Gift cards will surpass $124 billion in sales in 2014, up 5% from 2013. 

December 8, 2014

Chick–fil–A is mobilizing its customers, at least when it comes to payment and ordering. 

December 8, 2014

Danier Leather is going for both form and function with a new POS rollout. The retailer's flagship store at the Toronto Eaton Centre, Toronto, has implemented Fujitsu TeamPOS 7000 All-In-One (AIO) hardware. 

December 8, 2014

Sometimes the best customer services comes from customers themselves. Food City, K-V-A-T Food Stores Inc. has completed a pilot test of the Fujistsu U-Scan Genesis II self-checkout solution.

December 8, 2014

Sometimes the best customer services comes from customers themselves. Food City, K-V-A-T Food Stores Inc. has completed a pilot test of the Fujistsu U-Scan Genesis II self-checkout solution.

December 2, 2014

Food producer Systopia International has recently upgraded its payment technology within the dining area of its new Green Bay, Wis. facility.

December 2, 2014

Altpay, a startup mobile payment company that released its patent-pending technology in April 2014, has received a $1 million equity investment from two family office investors.

November 24, 2014

By: David Kidd,  Peak 10   Data privacy and security remain top concerns for retailers. There is good reason for that.  The Target breach compromised approximately 70 million records. The Home Depot breach potentially impacted another 60 million consumers. As I write this article, reports are being made public about a breach involving the office supply retailer Staples. We can no longer deny that cybercrime is a real and growing threat to the retail sector.

November 24, 2014

TechPay Mobile Payment Systems has launched the SwiftPay mobile payment system.