While it’s a major power in e-commerce processing, PayPal Holdings Inc. has struggled translating that success to the physical point of sale, where the bulk of transactions still happen (“PayPal Unchained,” September). Last month, its luck may have changed. The big department-store chain Macy’s Inc. said it would accept PayPal …
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Paydiant Could Provide PayPal With the Elusive Key to the Point of Sale
When it comes to general-purpose mobile payments, PayPal Inc. is far and away the leader, having posted $46 billion in mobile charge volume last year. But recently, the mobile-payments spotlight has been trained on Apple Inc. with its new Apple Pay service, Google Inc. and the suddenly brightening prospects for …
Read More »Target Opts for MasterCard’s Chip Technology for All of Its Cards And at the Point of Sale
Target Corp. is making good on its plans to accelerate chip-and-PIN payment card technology in its stores and among its customers with Monday’s announcement that it will move its entire Redcard credit and debit card portfolio to cards that use MasterCard Inc.’s chip-and-PIN technology. Most of Target’s cards, however, will …
Read More »Endpoint: Why the Future of the Point of Sale Lies in the Cloud
Merchants that are tired of managing constant, disruptive software updates are likely to adopt Web-based software, which offers too many benefits to ignore and is more secure than you may think, argues Mike Townsend. Web-based systems now cost less than many legacy systems, while also being more efficient …
Read More »Boku Invades Point of Sale with a Mobile Wallet Aimed at Wireless Carriers
With e-commerce kingpin PayPal Inc. having used mobile technology to move into processing for brick-and-mortar merchants, it was probably only a matter of time before others followed suit. The latest to join the parade is San Francisco-based mobile-payments provider Boku Inc., which on Thursday announced a platform that will let …
Read More »Marching to the Point of Sale, PayPal Strikes Its First Terminal Agreement
n Ingenico has been piloting PayPal acceptance for six months, Greg Burch, director of business development at the terminal vendor, tells Digital Transactions News. Burch refuses to name the merchant involved in the pilot, but news emerged last week that Home Depot, which uses Ingenico devices, is testing PayPal …
Read More »Having Started with Big Chains, Mobile Point of Sale Begins to Filter Down to Smaller Retailers
With the increasing popularity of smart phones and other mobile gadgets, major brick-and-mortar retail chains like Home Depot and Nordstrom began adopting mobile point-of-sale systems this year. And now smaller chains have begun equipping floor personnel with mobile devices that can scan merchandise and help customers look up out-of-stock …
Read More »What’s Holding up the Mobile Point of Sale?
Endpoint What’s Holding up the Mobile Point of Sale? As powerful as the technology is, mobile-payment acceptance won’t go very far until solution providers start giving businesses the choices they’re looking for in hardware and processing platforms, says Bill Clark. One likely cause for this slow growth rate is merchants’ …
Read More »PayPal, Google Use Mobile to Penetrate the Physical Point of Sale
Evidence mounted over the past week of the interest at least some major e-commerce processors have in using mobile platforms to penetrate the physical point of sale. First came word that Bling Nation Ltd., a Palo Alto, Calif.-based mobile-payments processor that depends on contactless stickers, is working on an integration …
Read More »An All-Handset Payments App Edges PayPal Closer to the Point of Sale
An application officially announced this week extends to virtually any cell phone the capability of accepting credit cards, a function that up to now mobile merchants have found mostly restricted to so-called smart phones like the iPhone or BlackBerry. The wCharge Credit Card Terminal, quietly introduced early this year by …
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