Operations: Page 229
-
MasterCard sued for record $19B in UK over swipe fees
The class action lawsuit is based on allegations that MasterCard charged retailers excessive interchange fees which were then passed on to customers in the form of higher prices.
By Dan O'Shea • Sept. 8, 2016 -
Google unleashes Android Pay online, adds Uber, Chase as partners
The mobile wallet is expanding through Google's Chrome browser, allowing consumers to make purchases online.
By Dan O'Shea • Sept. 7, 2016 -
Explore the Trendline➔
Courtesy of Amazon
TrendlineThe state of retail operations
Daily operations have changed tremendously over the past few years, as retailers re-examine topics including shrink and fulfillment.
By Retail Dive staff -
PayPal, MasterCard expand deal to in-store payments
PayPal is continuing to widen its payment options beyond desktop-based web orders, but investors have been less than impressed.
By Daphne Howland • Sept. 6, 2016 -
Alibaba-backed Indian payments juggernaut Paytm raises $60M
The new funding, made at a full valuation of more than $4.8 billion, reportedly is connected to an ongoing funding round that may total about $300 million.
By Dan O'Shea • Aug. 31, 2016 -
Report: New national sales tax plan set to clarify online retail rules
House Judiciary Committee Chairman Bob Goodlatte is poised to introduce a new legal framework for cross-border tax sales following years of debate on the issue.
By Dan O'Shea • Aug. 24, 2016 -
Costco customers erroneously receive Citi account closure notices
Citi, which provides the Costco Visa card, reportedly sent emails by mistake containing the partial card numbers of other Costco customers.
By Dan O'Shea • Aug. 22, 2016 -
Walgreens integrates loyalty program with Android Pay
Balance Rewards members can redeem or collect their rewards points via either Android Pay or rival Apple Pay at Walgreens' 8,200 U.S. stores.
By Daphne Howland • Aug. 22, 2016 -
Visa alerts merchants on Oracle POS security breach
The alert includes a list of Internet addresses believed to have been used in the attack, a list Oracle itself has yet to release.
By Dan O'Shea • Aug. 14, 2016 -
CVS to accept mobile payments through flagship app
The new CVS Pay feature will be added into the drugstore chain's flagship Pharmacy app, alongside ExtraCare loyalty rewards and prescription pickup capabilities.
By Dan O'Shea • Aug. 11, 2016 -
Survey: EMV implementation delaying retailers' other payment initiatives
Asked about their top three priorities this year, 76% of retail CIOs and technology executives said EMV is their top concern, while 46% cited chargeback issues often related to EMV.
By Dan O'Shea • Aug. 11, 2016 -
Oracle admits hack compromised merchant POS portal
The company seems to know little about the attack—how and when it happened, for how long it went on, and to what extent merchant data may have been exposed.
By Dan O'Shea • Aug. 8, 2016 -
Visa Checkout joins BlueSnap Powered Buy platform
Visa Checkout customers complete 86% of cart transactions, and produce a conversion rate 51% higher than traditional online checkout.
By Dan O'Shea • Aug. 7, 2016 -
NCR uncovers new security flaw in EMV chip cards
The transaction technology firm warns that cybercriminals could exploit the flaw to commit counterfeit fraud.
By Dan O'Shea • Aug. 4, 2016 -
Square beats Q2 expectations, payment volume surges 42%
The payments and financial services company said that it may soon offer other products, like employee management solutions.
By Daphne Howland • Aug. 4, 2016 -
MasterCard: 80% of our US credit cards now have EMV chips
Only about 30% of merchants have adopted EMV-enabled card readers, but merchants argue the lag is caused by card issuers dragging their feet to help retailers adopt the technology.
By Corinne Ruff • Aug. 3, 2016 -
Report: IBM mulling acquisition of POS player Revel
Big Blue sold its own point-of-sale division in 2012 for more than $800 million.
By Dan O'Shea • Aug. 1, 2016 -
PayPal investors disappointed by Visa deal
Some investors lament that the deal is a sign that PayPal is less of a disruptive—and lucrative—company.
By Daphne Howland • Aug. 1, 2016 -
Wal-Mart now accepting WeChat Pay in China
The retailer is furthering its relationship with the popular instant messaging service in the country.
By Dan O'Shea • July 28, 2016 -
MasterCard inching closer to entering China market
The Chinese government last month announced new rules enabling foreign payment providers to enter the market.
By Dan O'Shea • July 24, 2016 -
PayPal, Visa declare truce, sign digital payments partnership
PayPal will make it easier for new and existing customers to choose to pay with a Visa card.
By Daphne Howland • July 22, 2016 -
Acapture now processing payments for Boatsters, Crowdyhouse
The Acapture platform handles 60 alternative payment methods and supports more than 160 transaction currencies.
By Dan O'Shea • July 21, 2016 -
Visa: 28% of US merchants now accept EMV cards
There are now 326.8 million EMV chip-based cards in the U.S., and 1.3 million merchant locations able to process them.
By Dan O'Shea • July 21, 2016 -
Report: Square expands into UK market
The payment company may be trialing its Square Register app with U.K. merchants.
By Dan O'Shea • July 20, 2016 -
Apple Pay arrives in France, as European expansion continues
Carrefour, Fnac and Total are among the French retailers supporting contactless payments from Apple devices.
By Dan O'Shea • July 19, 2016 -
Wal-Mart stops accepting Visa in some Canadian stores
The retailer instituted the ban after failing to reach an agreement on an “acceptable fee for Visa transactions.”
By Daphne Howland • July 18, 2016