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Tag Archives: payments

Visa Plans Biggest Swipe Fee Changes in a Decade

swipe fee changes

The rates U.S. merchants pay to accept Visa cards at their stores will see its highest rise in a decade, according to a new report from Bloomberg. Visa’s interchange rates, which are fees charged each time a consumer uses a …

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Amazon Expands Cash Payment Possibilities

amazon

Online retailer Amazon has launched Amazon PayCode, a new way to let shoppers pay with cash at any of 15,000 Western Union locations, CNBC reports. The service was previously available in 19 countries, but is making its debut in the …

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Analyst Says Cashless Retail Legislation Is Unnecessary

cashless retail

Cashless retail remains a divisive topic, a recent report from Bloomberg confirms. In the article, some retailers say that  by eliminating cash transactions, they provide quicker service, enabling employees to focus on customer service and complete more transactions. Opponents say …

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Target Faces Weekend POS Outages

pos outages

On June 15 and 16, Target locations across the U.S. were hit by POS outages that impeded sales and frustrated customers, reports the Star Tribune. Bar scanners stopped working for several hours on Saturday, causing cashiers to enter barcodes by …

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The Future of Cashless Retail

cashless retail

As more retailers and restaurants move to not accept cash as a method of payment, some critics say the possibility of cashless retail could negatively impact the homeless and working poor, according to a report from Bloomberg. Rebecca Esparza, who …

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