JeepersMedia

Investigation At Wendy’s Turns Up Malware, Payment Breach At 300 Restaurants

Remember the suspected payment data breach at Wendy’s restaurants from earlier this year, which resulted in a class action lawsuit almost right away? It took a few months, but Wendy’s has confirmed that they did experience a breach dating back to fall 2015, and they’ve now fixed the underlying problem, which affected an estimated 5% of their restaurants. [More]

Pasco Chamber

Yes, You Can Rent-To-Own A Dog & It’s Expensive

Rent-to-own deals — where you pay weekly or monthly installments on a purchase instead of buying it outright — are typically offered for pricier home goods, like furniture, appliances, and electronics, and often end up costing significantly more than you’d pay in cash or with a credit card. Some retailers are extending this idea to pet-buying, and just like renting-to-own a new TV or fridge, a rent-to-own puppy is going to cost you a lot more than you’d pay otherwise. [More]

(Curtis Perry)

6 Things We Learned About Pharma Payments To Doctors & Name-Brand Prescriptions

In news that really isn’t at all surprising — despite repeated denials from medical professionals — a new report found that doctors’ prescription habits are often influenced by the payments they receive from pharmaceutical and device makers. [More]

Ciaran McGuiggan

Retailers Have Chip-Enabled Card Readers, Aren’t Actually Turning Them On

If you’ve received a shiny new chip-enabled card from your bank or credit card company in recent months, then you’ve probably been through this at least once. You see that a store has the slot for your card, so you assume that the store actually accepts them. Silly shopper! The terminal tells you to swipe the magnetic stripe instead. [More]

Mike Mozart

Sam’s Club To Accept Visa Credit Cards As Of February 1

Shoppers at Sam’s Club will no longer need to ensure that they have the correct credit card on hand or that they’ve brought cash: as of February 1, 2016, the warehouse club will begin accepting Visa credit cards in its stores, finally making all four credit card networks accepted in its stores. [More]

Target To Be First Major Credit Card Issuer To Require PINs For Chip-Enabled Cards

Target To Be First Major Credit Card Issuer To Require PINs For Chip-Enabled Cards

While many banks and other financial institutions issuing credit cards have shifted from magnetic-strip cards to the more secure EMV smart cards, most of those companies have opted to let their customers continue signing for purchases rather than memorizing a PIN. That apparently isn’t the case for Target, which is poised to become the first major credit card issuer to convert to cards that require a PIN.  [More]

Macy’s Customers Will Now Be Able To Use PayPal At The Register

Macy’s Customers Will Now Be Able To Use PayPal At The Register

At one time, PayPal was the method of payment preferred by people sending money to their friends or making a quick purchase online. Now, the payment company has upped its game – and its presence in physical stores – by inking a deal that will allow Macy’s customers to use Paypal at the register. [More]

Sam’s Club Expands To Accept American Express Cards Starting Oct. 1

Sam’s Club Expands To Accept American Express Cards Starting Oct. 1

Back in February, American Express and Costco announced that they’re breaking up in 2016. That means AmEx, including the Costco co-branded cards, will be useless at the warehouse store. Now, seven months later, the credit card company reveals its entering into a relationship with Costco rival Sam’s Club, allowing shoppers at that warehouse store to use AmEx cards at the register for the first time. [More]

10 Things We Learned About The Structured Settlement Purchase Industry

10 Things We Learned About The Structured Settlement Purchase Industry

Report after report finds that payday lenders, auto title loan firms and pension advance operations unfairly target vulnerable consumers with high fees and questionable terms, but a new investigative piece from The Washington Post shows that are some lesser-known, but very lucrative players offering quick cash to vulnerable consumers: structured settlement purchasing companies. [More]

Square Trying To Help Small Businesses Meet October Deadline For New Chip & PIN Credit Cards

Square Trying To Help Small Businesses Meet October Deadline For New Chip & PIN Credit Cards

A survey released last week by Wells Fargo found that a majority of small business owners aren’t prepared for the October deadline to switch from traditional swipe-and-sign credit card transactions to the supposedly more secure chip-and-PIN card system. Now, one mobile payment company says it wants to take some of the burden off the shoulders of these companies by offering to pay for any charges incurred from a breach — as long as the business owner has ordered its new card reader. [More]

Subway Launches New Mobile Payment, Ordering Options

Subway Launches New Mobile Payment, Ordering Options

Now that nearly every American has a smartphone permanently fixed to their hand, a long list of restaurants including Starbucks, Dunkin’ Donuts, Taco Bell and Dominos have upped their mobile presence by way of ordering and payment apps, and now one of the largest chains in the country is joining the ever-growing list: Subway. [More]

Western Union-Owned Mortgage Company Must Return $33.4M To Customers

Western Union-Owned Mortgage Company Must Return $33.4M To Customers

A mortgage payment company owned by Western Union has agreed to return $33.4 million to consumers following allegations that it misled customers into thinking they could save thousands of dollars on their home loans. [More]

(frankieleon)

JetBlue Becomes First Airline To Accept Apple Pay For In-Flight Purchases

Paying for in-flight purchases can be a pain. First you have to remember whether or not the airline accepts only cash or credit card, then you have to squirm around trying to find your wallet. JetBlue airlines is aiming to take the nuisance out of making purchases by being the first airline to accept Apple Pay as payment.

[More]

Kickstarter Ditches Amazon As Payment Processor, Switches To Stripe

Kickstarter Ditches Amazon As Payment Processor, Switches To Stripe

If you’ve been avoiding backing interesting projects on Kickstarter because you didn’t want to deal with Amazon Payments or log in to two accounts to pledge a couple of bucks for some potato salad, your wait is over: Kickstarter is breaking up with Amazon and switching to a different payments processor, Stripe. [More]

(Adam Fagen)

Starbucks Ditches Square, Will Cease Accepting Wallet Mobile Payments In Coming Months

The two-year long partnership between Starbucks and mobile payment system Square is coming to an end, as the coffee company had decided to ditch the mobile payment company’s upcoming new system in favor of its own mobile ordering solution. [More]

(Great Beyond)

How One Appliance Store Unleashed The Streisand Effect On Itself

The New York Times’ “Haggler” column is a standard consumer problem-solving column like many newspapers have, but backed with the brand recognition and vast readership of the NYT. A recent column about a financing dispute between a Texas woman and an appliance store could have just been a mundane account of a dispute over interest payments on a refrigerator, but the company refused to talk to the Times. At all. [More]

(a3maniac)

Amazon Payments Locks Me Out Of Form For Not Filling Out Form

Rey had a really great idea for a Kickstarter project. We don’t know what it is: he didn’t tell us. The world may never have the chance to know what his amazing idea was, because he didn’t even get to the point of setting up his page and posting a slick video. Instead, Amazon stood in his way. Amazon? Why Amazon? Well, you have to accept Amazon Payments to use Kickstarter. Amazon needed information that Rey had already provided long ago and was still valid. In fact, they had just sent him some money. They asked him for it again anyway, and then things got ridiculous and confusing.  [More]