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Insights

JetBlue Airways to Become the First Airline To Accept Apple Pay Onboard

Posted at February 20, 2015 by Narvin Seemungal

JetBlue is set to equip its crewmembers with the Infinea Tab M, a leading mobile POS (mPOS) device compatible with the iPad mini, helping JetBlue Airways become the first major domestic carrier in the U.S. to accept Apple Pay on flights. Travelers with an iPhone®6, iPhone® 6 Plus and soon Apple Watch™ will be able use Apple Pay to purchase snack boxes and other food options, beverages, amenities and Even More® Space seating. “By placing

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Send and Request Money Right from Gmail

Posted at January 30, 2015 by Narvin Seemungal

Paying back your friends is now as simple as sending an email, whether you’re chipping in for lunch or reimbursing your roommate for your share of the rent. Google Wallet is now integrated with Gmail, so you can quickly and securely send money to friends and family directly within Gmail — even if they don’t have a Gmail address. It’s free to send money if your bank account is linked to Google Wallet or using

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MasterCard and Dynamics Inc. Develops Enhanced Security, Interactive Payment Cards

Posted at January 9, 2015 by Narvin Seemungal

Dynamics Inc., an innovator in next-generation payment cards and systems, introduced security-enhanced interactive payment cards to global MasterCard customers at the Consumer Electronics Show in Las Vegas this week. The Dynamics technology will enable cardholders to experience near impregnable card security with three new interactive functionalities, including: Being able to turn the card on or off and only unlock it with a secret code Having a unique security code sent to the magnetic stripe for

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NYC seeks Mobile Payments for Parking Fines

Posted at December 30, 2014 by Narvin Seemungal

New York City has plans to develop a mobile payment system as an easier option to pay fines for parking violations. The city’s Department of Finance issued a request for information seeking input and bids for the development. The department is considering alternative payment options such as Bitcoin, PayPal and Apple Pay but will also include traditional payment mechanisms such as credit or debit cards, or Automated Clearing House payments. The city issues between 8

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Apple Pay Gaining Traction

Posted at December 24, 2014 by Narvin Seemungal

Approximately 1% of digital dollars spent in November came via Apple Pay, according to figures released by ITG Research. Customers used Apple Pay about 1.4 times per week with a return rate to to same merchant of about 66%. ITG suggests that these are strong preliminary numbers given that the Apple Pay service is only available with the latest iPhones and at a limited number of supporting merchants. Comparatively, Google Wallet, established in 2011, accounted

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Starbucks favors own Mobile Ordering Solution over Square Order

Posted at December 22, 2014 by Narvin Seemungal

Starbucks has opted to develop its own mobile ordering solution over using Square Order, an app that allows patrons to pay for an order before arriving at a store. Starbucks is an investor in Square and also uses the company as its payment processor. “Square continues to be an important partner to us, and we continue to collaborate with one another in a number of strategic areas for the business. We do not plan to

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Paypal vs. Merchant Plus – Which One Is For Me?

Posted at April 15, 2014 by Jacob Smith

Often we see businesses who have been using Paypal or new companies looking for their best payment options.  Many times we’re asked – why should I choose a MerchantPlus Merchant Account vs. Paypal? The Upside of PayPal Paypal is a good start-up solution – they can get you up and running quickly and have a proven brand name that your customers will trust.  They don’t have any monthly fees, so if you go days, weeks,

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The Difference in Merchant Account Rates — Why Not all Credit Card Processing Accounts Are the Same

Posted at April 15, 2014 by Jacob Smith

As a merchant, you have to constantly monitor the money that comes out of your pocket. Finding any way possible to save money is beneficial for any business. When it comes to payment processing, you’ll often pay any combination of setup fees, application fees, monthly fees, monthly minimums, PCI compliance fees, transaction fees and annual fees. Merchant credit card processors will offer you a discount rate (i.e. the percentage taken out of each sale that

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