Content about payment systems

May 7, 2013
Focus on: Mobility

After a successful pilot, Best Buy Canada is expanding its use of fully integrated, enterprise mobile point (mPOS) solutions on its selling floor. The new, tablet-based technology has improved customer service, including reducing checkout times, and staff productivity.

May 7, 2013
Staples names Groupon and eBay-Pal exec as VP, global e-commerce

Staples announced that Faisal Masud has been appointed executive VP, global e-commerce, effective May 20.

March 26, 2013
American Express, Wal-Mart expand Bluebird program

American Express and Wal-Mart Stores announced Tuesday that they are expanding their reloadable prepaid card program, Bluebird, to include direct-deposit capabilities for government checks.

March 25, 2013
Research: American Express and USAA tops in credit card customer experience

Research results released by Temkin revealed that, based on a study of 10,000 U.S consumers, American Express and USAA earned the top spots in the credit card sector.

March 15, 2013
Mobile Payments

Consumer use of smartphones and tablets is helping to drive the growth of mobile transactions in retail. Chain Store Age spoke about the growing trend with Don Kingsborough, VP retail services, PayPal, which recorded $14 billion in mobile payments in 2012 and expects to exceed $20 billion this year. According to Kingsborough, PayPal is well-positioned to tap into mobile payment growth as it already has three key elements in place: a large consumer base (55 million-plus in the United States), a network of merchant partners and "ecosystem" partners.

March 7, 2013
SAP survey: Mobile payments need to be targeted at retail

More than half (53%) of industry leaders believe that improving customers’ retail experience is essential to creating a successful mobile payments scheme, according to a recent survey by SAP.

March 5, 2013
Alliance Data renews credit-card program agreement with Gander Mountain

Alliance Data Systems Corp., a leading provider of loyalty and marketing solutions derived from transaction-rich data, announced its Retail Services business has signed a long-term agreement to continue providing the co-brand credit card program for multichannel retailer Gander Mountain.

March 4, 2013
Coinstar launches PayPal functionality on select kiosks

Coinstar has announced a new feature available at some Coinstar kiosks that enables consumers to deposit or withdraw funds from their PayPal accounts, as well as send money to another PayPal account.

February 25, 2013
Visa in deal with ROAM to increase retailers’ acceptance of mobile payments

Visa Inc. has entered into an agreement with mobile commerce provider ROAM, an Ingenico company, to enable merchants of all sizes to accept electronic payments using mobile technology.

February 12, 2013
First Data: Consumer card spending growth robust in January

A report released by First Data Corp. found that dollar volume growth rebounded in January, improving to 6.2% versus 4% in December despite the payroll tax increase.

January 30, 2013
NRF: Retailers unlikely to surcharge for credit card use

Despite some groups’ claims, the National Retail Federation said that few, if any, merchants are expected to surcharge customers for using a credit card as theoretically allowed under a controversial proposed lawsuit settlement with Visa and MasterCard being debated in the courts.


January 29, 2013
Survey: Google most likely to win mobile wallet war

Google is poised to win the “mobile wallet war” according to a survey of attendees at the National Retail Federation’s annual 2013 convention in New York.

January 29, 2013
Survey: Google most likely to win mobile wallet war

Google is poised to win the “mobile wallet war” according to a survey of attendees at the National Retail Federation’s annual 2013 convention in New York.

January 15, 2013
NCR in deal with PayPal

NCR Corp. and PayPal, an eBay subsidiary, have entered into an agreement to integrate NCR's mobile solutions for hospitality and retail with PayPal's digital payment technology.

January 14, 2013
NCR empowers DSW employees to go mobile

NCR Corp. announced that DSW Inc. will expand its use of NCR Advanced Store point-of-sale software to offer DSW shoppers mobile POS functionality and returns throughout the chain.

January 14, 2013
PayPal extends reach to 23 retailers nationwide

PayPay announced that a total of 23 national retailers are now signed up to accept PayPal in their stores, making the payment solution accepted in more than 18,000 physical retail locations.

December 18, 2012
Capital One survey: Holiday shoppers buying with cash, debit

Survey results released by ING Direct – to be rebranded Capital One 360 in 2013 – found that most Americans are purchasing holiday gifts with cash or debit cards this year.

December 17, 2012
Gift card sales to top $110 billion

A report issued by CEB TowerGroup found that sales of gift cards will surpass $110 billion and spillage will drop 20% to $1.7 billion.

December 17, 2012
Office Depot adds PayPal to online payment options

Office Depot has added PayPal to its selection of online payment options, giving customers a secure way to pay for purchases.

November 28, 2012
Too Much Information on Credit/Debit Card Receipts can Cause Big Problems for Businesses

By Brendan W. Walsh, Pashman Stein, P.C.

November 27, 2012
The Cash Office Goes High-Tech

Traditionally, cash office management and the reconciliation process have relied on manual procedures, such as counting currency and coin by hand, creating handwritten check deposits, and keying totals into the POS system. Many retailers have used the same cash office procedures for years, with the procedures inconsistently executed from store to store. Chain Store Age talked with Balance Innovations’ Janette Davis about how technology is bringing new efficiencies to cash office management.

November 26, 2012
Gift Cards: Tips and Best Practices for Successful Management

By Randy Frischer and Patricia Brandstetter

November 20, 2012
Identity Theft Prevention on Cyber Monday

By Greg Smith, Accudata Technologies

November 14, 2012
Gift card spending to reach record $28.79 billion

The National Retail Federation’s 2012 holiday consumer spending survey conducted by BIGinsight showed that 81.1% of shoppers will purchase at least one gift card and will spend an average of $156.86 on gift cards, the highest amount in the survey’s 10-year history.

November 9, 2012
NRF exploring legal options after preliminary approval of swipe fee deal

The National Retail Federation said it will explore all legal options following a judge’s preliminary approval of a proposed class-action settlement of an antitrust lawsuit over the $30 billion a year in credit card swipe fees charged by Visa and MasterCard.

© 2013