POS and Retail

As consumers use digital channels more, merchants are under pressure to not only make payments seamless, but tie transactions to broader customer-facing and internal functions.

Amazon is revamping its cobranded rewards card, adding a higher tier of rewards for people who pay a $99 annual fee — as 65 million people already do — for Amazon Prime membership.

Swedish mobile point of sale company iZettle has raised about $80 million in funding, in part from U.S. investors.

By providing lots of data, and encouraging consumers to carefully examine their statements, merchants and payment companies can reduce fraud and chargebacks.

Alibaba Group Holding Ltd. pioneered shopping on the internet in China. Now it thinks it can teach old-school retailers a thing or two about real-world commerce.

Digital merchants don't necessarily have to open a store, but they can still benefit from the tactics of brick-and-mortar retailers, according to David Schwartz, vice president of e-commerce at Wix, a Tel Aviv-based technology company.

Integrations with software as a service providers are enabling small online retailers to partner with and compete against the mega-retailers across all major channels.

Apple Pay, Android Pay and Samsung Pay may seem to have a marketing edge over retailers' mobile wallets, but there is strong momentum among apps that serve individual merchant brands.

ATM maker Diebold Nixdorf plans to unveil its smallest EMV-enabled payment terminal yet, a self-checkout unit that’s designed to fit into small retail spaces and supports cash, cards and contactless payments, but lacks a magnetic stripe reader, the company said in a Jan. 9 press release.

British consumers, who helped the economy emerge largely unscathed from the Brexit vote, now face their next big health check.

Prior to the October 2015 EMV chip-card liability shift in the U.S., various merchant groups expressed concerns about factors that would keep them from meeting that deadline — some of which remain beyond their control.

Retailers are fighting back against financial industry efforts to repeal a cap on debit interchange fees.

By using some of the sales and performance analysis associated with e-commerce, Revel says the inherent advantage that stores have in connecting with consumers can be enhanced for the next generation of retail competition.

Amazon's checkout-free shopping model, currently in testing with employees, is a clear threat to the status quo for retailers. But does it also pose a risk for banks?

JPMorgan Chase & Co.’s role in mobile payments is getting more interesting.

2017 promises to be a defining year for many in the payments industry. Here's a look at what to expect.

Consumers want to feel mobile wallets are secure and widely accessible before substantial adoption is possible.

Payments software provider Ezetap says an agreement with Pax Global Technology Ltd. will bring "hundreds of thousands" of mobile and mini point-of-sale terminals to India as the country lessens its use of cash.

An agreement between First Global Data and India's Metro Infrasys will bring a one-click mobile payment option to drivers using the country's tollways.

One of the highlights of the holiday season for retailers has been the vast growth of e-commerce, but subscription businesses are also enjoying a sizable bump, providing a potential threat to more static retail gifting.