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American Express eases fraud liability for non-EMV merchants
American Express joins Visa in blocking counterfeit fraud charges under $25 for merchants that have not yet made the transition to EMV payment terminals.
By Dan O'Shea • June 23, 2016 -
Costco members irate over credit card switch 'debacle'
The wholesale club’s stellar customer service record is suffering after Citi Visa failed to deliver or activate many of its new store-branded cards on schedule.
By Daphne Howland • June 23, 2016 -
Trendline
Gen Z and millennials
If there's anything retailers want more than financial stability right now, it's to understand Gen Z.
By Retail Dive staff -
Microsoft adds tap-to-pay feature to mobile wallet
Microsoft Wallet also stores retail rewards information and membership numbers, allowing customers to view or scan them from their smartphone.
By Daphne Howland • June 22, 2016 -
MasterCard follows Visa in revamping EMV program
MasterCard is making changes to its EMV testing and activation procedures less than a week after rival credit card giant Visa did the same.
By Dan O'Shea • June 20, 2016 -
Alibaba payments unit to buy 20% of Thailand's Ascend
Alipay, a division of Ant Financial Services Group, also wants an option to eventually increase that stake to 30%.
By Dan O'Shea • June 19, 2016 -
Costco begins new era with Visa, Citi, waves goodbye to AmEx
Costco Wholesale today teams with Visa and Citigroup as its 17-year partnership with American Express comes to an end.
By Dan O'Shea • June 19, 2016 -
Visa: Wal-Mart Canada dragging customers into fee fight
After Wal-Mart Canada said it will start rejecting Visa cards, Visa accused the retailer of dragging its own customers into the middle of their ongoing disagreement.
By Dan O'Shea • June 16, 2016 -
Visa pushes to speed up EMV transition
Visa announced a number of new initiatives to accelerate merchants' adoption of EMV terminals.
By Dan O'Shea • June 16, 2016 -
Home Depot sues Visa, MasterCard over credit card security
The lawsuit alleges that the credit card giants are putting merchants at risk by employing security measures susceptible to fraud.
By Jason Ankeny • June 15, 2016 -
Apple Pay expanding to websites, challenging PayPal
But the long-awaited online payment option will only be available on Apple's Safari browser.
By Daphne Howland • June 14, 2016 -
Wal-Mart Canada dumps Visa over high transaction fees
The new policy will go into effect July 18 in the retailer's Thunder Bay, Ontario locations before rolling out in phases nationwide.
By Daphne Howland • June 13, 2016 -
CurrentC ends beta test with future left uncertain
This seems like the end for the ill-fated, retailer-developed mobile payments app.
By Daphne Howland • June 9, 2016 -
NRF asks FTC to investigate credit card council on antitrust concerns
The FTC said in March that it was investigating the auditing methods of the Payment Card Industry Data Security Standards.
By Daphne Howland • June 3, 2016 -
MasterCard developing standard to speed EMV checkout times
As of April 30, 68% of all U.S. MasterCard-branded consumer credit cards incorporate EMV technology.
By Jason Ankeny • May 26, 2016 -
CVS scraps long paper receipts for rewards members
Digital receipts will begin rolling out in early June and will be available across all 7,900 CVS retail locations by the end of the month.
By Jason Ankeny • May 24, 2016 -
Nordstrom expands loyalty program to lure in more big spenders
Nordstrom plans on increasing its loyalty program's ranks by five million customers in the next 12 months.
By Daphne Howland • May 23, 2016 -
Samsung, Alibaba affiliate partner on mobile payments
Chinese consumers may now use their Alipay accounts to make mobile payments via the smartphone maker's Samsung Pay application.
By Daphne Howland • May 23, 2016 -
MCX once again delays CurrentC payment app, lays off 30
Retailers that once committed to the app hailed as Apple Pay's competitor have defected, and its future is unclear.
By Daphne Howland • May 17, 2016 -
Wal-Mart sues Visa over chip-and-PIN security
Wal-Mart alleges that Visa is forcing stores to allow customers to use a signature in EMV transactions.
By Daphne Howland • May 11, 2016 -
Kohl's integrates loyalty rewards with Apple Pay
Investment in Kohl's mobile application has led to massive improvements in customer engagement.
By Daphne Howland • May 5, 2016 -
MasterCard unveils M/Chip Fast to speed up EMV transactions
The new technology allows users to remove their card from the point-of-sale terminal more quickly, without losing EMV's security benefits.
By Daphne Howland • April 28, 2016 -
PayPal trumps Q1 expectations as transactions surge 26%
More than 21 million account holders are now using PayPal's One Touch mobile checkout feature.
By Daphne Howland • April 28, 2016 -
Discover CEO endorses PIN security for EMV cards
David Nelms said there’s an opportunity to make EMV cards as secure in the U.S. as they are in other parts of the world.
By Daphne Howland • April 25, 2016 -
Samsung Pay expands POS partnerships to accelerate mobile payment adoption
New deals with Verifone, Ingenico Group, PAX Technology and others will help elevate Samsung Pay's global visibilty.
By Daphne Howland • April 21, 2016 -
Visa, Wal-Mart speed up EMV transactions
Wal-Mart says it has taken steps to make the more secure but more cumbersome EMV transactions smoother.
By Daphne Howland • April 20, 2016