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Archive for August, 2015

Western Union Re-Opens Outbound Money Transfers from Greece

Monday, 31 August, 2015

Western Union has restored its outbound money transfer service from Greece, following its June suspension due to a temporary shutdown of Greek banks amid the escalation of the country’s debt crisis. …read more

Source:: Payments Source – Credit

Starbucks & Under Armour Are Winning Mobile — And You’re Likely Behind

Monday, 31 August, 2015

What do Under Armour and Starbucks have in common? More than you think. Retailers, you might want to pay attention—these companies are winning in mobile. …read more

Source:: Forbes – Technology

Fidelity Said to Weigh Dropping Amex, B of A as Card Partners

Thursday, 27 August, 2015

Fidelity Investments is considering dropping American Express and Bank of America to find new partners and better terms for one of the top-rated cash-back credit cards in the U.S., according to people with knowledge of the matter. …read more

Source:: Payments Source – Credit

MasterCard tees up contactless payments with cardholder discounts at The Barclays

Thursday, 27 August, 2015
Golf fans will not miss a minute of the action at The Barclays, thanks to MasterCard

Golf fans will not miss a minute of the action at The Barclays, thanks to MasterCard

MasterCard is attempting to drive adoption rates of contactless mobile payments among golf fans at The Barclays in New Jersey by offering its cardholders a 10 percent discount on purchases if they pay via the …read more

Source:: Mobile Commerce Daily feed

Apriva, Global Payments Partner on Mobile EMV Service

Tuesday, 25 August, 2015

Wireless transactions provider Apriva and payment technology services company Global Payments have teamed up to release a white-label EMV mobile payment offering. …read more

Source:: Payments Source – Processing

Taco Bell adds Visa Checkout to grab all smartphone owners’ orders

Tuesday, 25 August, 2015
Taco Bell will add more payment options to its popular ordering app

Taco Bell will add more payment options to its popular ordering app

Fast food chain Taco Bell and books retailer Barnes & Noble College are among the 33 new merchants that have integrated with mobile-optimized checkout service Visa Checkout, proving that the payments platform sector continues to become more saturated and …read more

Source:: Mobile Commerce Daily feed

Processors Must Cut Out ‘Clicks’ to Win More Merchants

Monday, 24 August, 2015

Stripe’s quick disruption of the payment processing industry in the U.K. is measurable in at least one simple way — counting clicks. …read more

Source:: Payments Source – Processing

Amex Loses Crown to Discover in J.D. Power Satisfaction Poll

Thursday, 20 August, 2015

Discover Financial Services topped peers in a J.D. Power credit-card customer satisfaction ranking, ousting American Express Co. from the No. 1 spot for the first time in the survey’s nine years. …read more

Source:: Payments Source – Credit

TD Bank taps into biometric wearables with payment functionalities

Wednesday, 12 August, 2015
The Nymi Band eschews Touch ID verification in lieu of users' unique heartbeats

The Nymi Band eschews Touch ID verification in lieu of users’ unique heartbeats

TD Bank is joining forces with MasterCard and authentication technology firm Nymi to roll out the first biometrically authenticated wearable device that identifies users based on their heartbeats and allows them to make contactless payments.

TD Bank is enabling …read more

Source:: Mobile Commerce Daily feed

Apple Pay momentum builds as holdout Rite Aid jumps in

Wednesday, 12 August, 2015
Rite Aid will soon start accepting Apple Pay

Rite Aid will soon start accepting Apple Pay

Rite Aid has switched course on mobile payments and will now accept a variety of options, including Apple Pay, after previously holding out in order to support MCX, a consortium of retailers, including the drugstore chain, developing their own payments program.

All 4,600 Rite …read more

Source:: Mobile Commerce Daily feed