May 14, 2015

Mobile payment is growing, and millennials and men may be leading the way. 

 

April 17, 2015

In 2014, ACH (automated clearing house) volume grew to almost 23 billion electronic payments, an increase of almost 5%, or 1 billion transactions, from 2013 volume.

April 16, 2015

Target Corp. has entered into a settlement agreement with MasterCard International Inc.to resolve losses from the data breach that Target experienced during the fourth quarter of 2013.

April 13, 2015

AAFES on Monday updated its POS through NCR Corporation. 

April 6, 2015

FMI is reportedly asking major credit card companies to delay the October 2015 mandate for U.S. retailers to comply with the Europay, Mastercard Visa (EMV) chip-based payment card standard. 

 

March 17, 2015

Rite Aid is one of the key retail partners in a first for the U.S. market.

March 2, 2015

Following its fallout with American Express, Costco reaches agreements with Citi and Visa.

February 17, 2015

Deputy Secretary Sarah Bloom Raskin, U.S. Department of Treasury, on Friday discussed next-generation retail payment technologies with several industry leaders.

 

January 12, 2015

As the use in-store mobile payment becomes more pervasive, consumers require increased education on the performance and ease of use of mobile pay services, a recent survey by Verifone of U.S. consumer attitudes suggested.

 

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.

November 21, 2014

More than one-third of those surveyed (36%) have previously used a mobile device to pay for something in a brick-and-mortar retail store, up from 15% in 2012.

November 3, 2014

To kick off the holiday season, CVS/pharmacy on Monday announced the return of its "Free Gift Card" promotion, an offer designed to allow customers the opportunity to receive free gift cards by shopping for everyday essentials at store locations nationwide. 

October 13, 2014

Kmart’s payment data systems were breached beginning in early September, possibly compromising certain debit and credit card numbers, the retailer has announced.

September 8, 2014

Both CVS Health and Walgreens will be leading retail innovation when Apple unveils its iPhone 6 tomorrow as they are both expected to accept purchases made with the new iPhone payment system.

September 4, 2014

Alliance Data Systems on Thursdy announced it has signed a multi-year agreement to provide co-brand and private-label credit card services for Meijer.

August 19, 2014

A coalition of retail groups on Monday filed a joint-merchant petition with the Supreme Court seeking its review of the March 2014 swipe fee decision by the U.S. Court of Appeals for the D.C. Circuit.

August 13, 2014

Amazon launched a mobile point-of-sale solution called Amazon Local Register that gives merchants a low-cost payment acceptance method while providing it with new insights into offline commerce.

August 12, 2014

Retail spending growth was at an 11-month high in July as summer vacation travel led strong spending during the month, according to data reported by payment technology and services provider First Data Corp.

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.

July 22, 2014

Kmart has announced a new perk for its Shop Your Way program.

July 9, 2014

77% of consumers have given a gift card in the past year and 90% have received at least one in the past year.

June 4, 2014

In a major boost to member benefits, Sam’s Club on Tuesday announced a credit card cash back program that gives members the opportunity to earn 5% cash back on fuel, 3% cash back on dining and travel and 1% cash back on all other purchases, up to $5,000 annually.

May 12, 2014

Consumer year-over-year spending growth of 4.1% gained momentum in April 2014 compared with the prior month’s growth of 3.1%, driven by warmer weather, as well as the Easter shift into April this year, according to First Data SpendTrend analysis.

May 12, 2014

After several months of sluggish retail sales, consumer shopping in the United States rebounded in April, according to the latest MasterCard SpendingPulse report, which aggregates national retail sales activity in the MasterCard payments network, coupled with estimates for all other payment forms, including cash and check.