Frictionless Monthly Payment Plans for Credit Cards at the POS

Splitit has partnered with Magento as a Select Technology partner to offer their solutions to the Magento ecosystem. Merchants using Magento will now be able to seamlessly integrate Splitit’s payment tool into their checkout process. Splitit enables retailers to instantly offer monthly payment plans to their customers directly at checkout. Splitit works on existing Visa and…

Visa Credit Cards Drive V+M Payment Card Purchase Transactions Growth

Purchase transactions (PTX) for Visa and MasterCard credit and debit cards in the U.S. grew by 7.0% year-on-year (YOY) in the fourth quarter (4Q/16) to 21.3 billion. The growth was driven by credit cards, and more specifically Visa, according to CardData. U.S. purchase transactions for Visa and MasterCard payment cards (debit+credit) hit 21,311 in 4Q/16, compared…

Innovative Shopping Trends in Retail Taking Shape in 2017

The self-serve retail model, 24/7 stores with robot-assisted drive-thru windows, and interactive mirrors will become mainstream. Nearly half (47%) of consumers in a recent survey ranked interactive touchscreen mirrors in dressing rooms among the top three most exciting innovations of the future. According to Synchrony Financial’s Future of Retail: Insight and Influences Shaping Retail Innovation…

Viewpost to Integrate Visa Virtual Commercial Cards Payments

B2B payments specialist Viewpost has inked a major partnership with Visa to bring electronic business payments to Viewpost’s small to medium-sized business clients (SMBs). By using Visa virtual commercial cards through their participating financial institutions, SMBs will increase automation, convenience and security for their B2B transactions. Viewpost’s SMB customers will be able to benefit from…

Mastercard Acquires Biometric Digital and Mobile Payments Fraud Fighter

Mastercard has inked an agreement to acquire NuData Security, a global technology company helping businesses prevent online and mobile fraud using session and biometric indicators. The Internet of Things is creating a more digitally-driven and digitally-connected world, with an estimated 50 billion smart devices to be in use across the globe by 2020. While such…

Brick & Mortar Clothing Showroom Offers Try-in-Store Buy Online – Bagless Shopping

Finer Fields’ physical store will “showroom” emerging fashion, design and lifestyle brands for home delivery. Dismissing storage of any sellable inventory, the storefront will only carry a brand’s sample product line for consumers to try in-store, and then buy on the Finer Fields’ mobile POS for online purchase for home delivery to give customers bag free…