The pain associated with EMV transactions — slowness, grouchy salespeople, confused customers in the line ahead of you — was supposed to be a good thing for mobile payments. It hasn’t turned out that way. While first time usage of Apple Pay is up, repeat usage is down, according toRead More
Post Tagged with: "Loop Pay"
Fraud is headed online to card-not-present transactions, right? Sure, but hackers have figured out ways to get around more secure chip card transactions at the point of sale, too. Simply put, “magstripe backward compatibility” is a problem. We’ve all had the experience dozens of times by now: the POS doesn’t have theRead More
Stratos Card, an all-in-one card like Coin, Plastc (not yet launched), and Wallaby (bought and repurposed by BankRate in December) launches today. The card was conceived several years ago by CEO Thiago Olson and differs from Coin in significant ways. It feels different than other credit cards, with a textured finish, andRead More