Payment Options
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…
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…
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…
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…
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…
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…
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…
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…
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,…
October 29, 2015 at 10:47 am
Count Wal-Mart payments executive John Drechny among those upset with the timing of the credit card industry’s transition to “chip” credit cards. In a panel discussion at the Money20/20 payments conference in Las Vegas on Monday, Drechny said the October deadline for merchants to switch over to equipment that can accept new chip cards will cause…
