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Starbucks Had 90% of U.S. Mobile-Pay Share, Is 'Just Getting Started'
Starbucks Corp., which now handles 16% of its U.S. sales through its mobile app, revealed today just how dominant its position has become even as it plots new features such as preordering.
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InComm is adding add over 15,000 locations to its Vanilla Reload network, which allows prepaid card users to reload their general-purpose reloadable card accounts by swiping the card at the point of sale. more »
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The customer engagement firm Parago has officially become a subsidiary of Blackhawk Network. more »
Susan Herbst-Murphy, senior industry specialist for payment cards at the Federal Reserve Bank of Philadelphia.
General-purpose reloadable prepaid cards have turned a corner, moving from being a product for low-income or unbanked individuals to being an important tool for younger, high-income consumers. more »
Image: Bloomberg News
American Express Co. is pulling new levers to build its business with small merchants and drive mobile wallet adoption, emphasizing its work with Apple Pay. more »
Image: Bloomberg News
American Express Co. said third-quarter profit rose 8.1 percent, beating analysts' estimates, as customer spending increased. more »
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American Express Co. customers whose reward points are too meager for flights, ballet tickets or even a yoga mat are getting a new list of options: a McDonald's menu. more »
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Providers of rapidly changing payments products such as prepaid cards, automated payments and dispute resolution are continuing to turn to independent sales organizations to reach targeted merchants. more »
David Kurrasch, the vice president and general manager of the SBPC.
Small businesses can be hard to reach with new payments technology, so the Small Business Payments Co. (SBPC) is incrementally adding functions in an attempt to ease automation. more »

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