Payment Options

Contactless Payments: The Missing Piece of the New Point of Sale
February 5, 2016 at 10:55 am

Contactless transactions are fast, simple and highly intuitive. They're a natural fit for the fast-paced lifestyle of today’s consumers. In a seemingly instantaneous manner, the tiny antennae embedded inside credit cards and smartphones communicate with payment terminals to transact purchases. Due to the near ubiquity of mobile devices, however, contactless payments are experiencing a mobile-heavy…

What’s Next in the Evolving Mobile Payments Industry
January 28, 2016 at 12:01 pm

Between the switch to EMV in the United States, the success and failures of mobile payment apps from major corporations, and the debut of Walmart Pay, 2015 was a pivotal year for the payments industry. New innovations and technologies have led to a shift in consumer expectations when choosing payment providers. With the rise of…

Cabela’s Looks to Sell Credit Card Business
January 22, 2016 at 10:55 am

A funny thing has happened on the road to selling Cabela’s, the giant retailer of hunting, fishing and outdoor gear. The company, instead of placing the entire 27-store chain on the block, has decided to first sell its highly profitable credit card operation, The Post has learned. And since Cabela’s is seeking special conditions to the…

PayPal Agrees to Change Business Practices in Lawsuit Settlement
January 15, 2016 at 11:05 am

A class-action lawsuit that's been dragging on since 2010 and has seen its share of complications is coming to a close. Zepeda vs. PayPal deals with the unpopular practice of holds that PayPal placed on sellers’ funds. PayPal has denied all allegations of wrongdoing and liability. The parties have reached a preliminary settlement in what…

5 Stories That Generated the Most Discussion in 2015
January 6, 2016 at 9:49 am

What follows is a list of the Total Retail content in 2015 that generated the most reader comments. You’ll see that our readers are highly engaged when it comes to content on shipping rates — who isn’t when it has such an impact on your bottom line — social media marketing, payment options and cooperative…

What Retailers Need to Know About Gift Cards
December 23, 2015 at 12:04 pm

It’s called the season of giving. According to the numbers, it might more accurately be called the season of giving gift cards. It’s been almost two decades since the emergence of the pre-loaded plastic presents, and while sales peaked in the mid-2000s, CEB TowerGroup research shows that gift card sales still grew to $124 billion…

3 Sales Tools to Increase Seasonal Margins
December 22, 2015 at 10:53 am

To say the retail industry is competitive is, well, an understatement. Therefore, retailers are finding it more and more difficult to provide value, particularly during the busy holiday season. Margins are obviously important, so how can retailers increase them during the hectic holiday hustle? Whether you’re selling consumer electronics, furniture or home appliances, here are…

Target in Initial Development of Own Mobile Wallet
December 21, 2015 at 11:13 am

Target is in the early stages of developing its own mobile wallet, three people familiar with the matter said, joining Wal-Mart Stores Inc. in posing a threat to recent entrants like Apple Pay. The fourth-largest U.S. retailer hasn't committed to launch the product, which would allow customers to pay for goods using an app on…

Payment Issues Retailers Should Be Focused on This Holiday Season
November 19, 2015 at 10:47 am

This year, the holiday season is coming on the heels of two major payments-related events: the EMV liability shift and the Samsung Pay launch. Understanding these events and their ramifications for merchants, customers and financial institutions is crucial for retailers’ success this holiday season. EMV As of October 2015, the United States has shifted fraud…

Chip Credit Cards Give Retailers Another Grievance Against Banks
November 17, 2015 at 10:22 am

The employee perched on a stepstool by the checkout at Trader Joe’s in Union Square in Manhattan is like an air traffic controller: Register 6 for one customer. Register 9 for the next. The routine helps move traffic quickly through the store, where the lines can often snake around the aisles of whole grain cereal,…