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Payment has become a challenging and complicated scenario for retailers. Mobile technology, NFC and EMV offer valuable opportunities, but at a cost. Together with payment processors, banks and technology providers, merchants must uncover the best solutions for their particular business. If it’s time for a POS upgrade, then mobile POS featuring a variety of payment options must be on the table. Access the latest trend updates, news, and case studies with this up-to-the-minute coverage.

Merchant Warehouse Acquires Opticard To Strengthen Loyalty Offering

Merchant Warehouse, a provider of payment technologies, has acquired gift and loyalty company Opticard to offer deeper mobile and digital engagement opportunities to small and mid-sized businesses (SMBs). With a broader suite of gift, loyalty and prepaid programs, Merchant Warehouse will be able to “round out our offering to merchants by giving them more tools to grow and expand their business,” said Chris Wuhrer, SVP Strategic Initiatives and Product Marketing, in an interview with Retail TouchPoints. Customer retention and loyalty have become paramount to retailers, even in the SMB space. The acquisition will enable Merchant Warehouse to offer its SMB customers a cohesive solution that combines payment, gift card and loyalty programs. “Currently, we’re seeing businesses become quite savvy around customer acquisition and retention,” Wuhrer said. “SMBs also understand that combining payments with loyalty and rewards, discount loyalty and punch cards can increase both frequency and spend.”

Jumio Partners Forms Bitcoin Security Network

Credentials management technology company Jumio, Inc. has unveiled the Bitcoin Identity Security Open Network (BISON), which was created to drive greater transaction legitimacy and instill trust between Bitcoin buyers and exchanges and wallets.   Current members of the network include eight Bitcoin exchanges, wallets and ATM providers, including: BitAccess, Bitnet Technologies,…
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