Why the Payments Industry Should Oppose SOPA

While the main arguments against SOPA have been focused on free speech and fair use, I have not seen any discussion of a provision that bears directly on the payment industry: the requirement that payment networks refuse to settle transactions with foreign websites alleged to have infringed on copyrights.

Smartphones as Wallets: Real Deal or Distraction?

In the last two months, we have had three announcements of add-ons for smartphones that will allow users to read the magnetic stripe on a payment card.

Hands On With the Starbucks Mobile Payments App

Last week, Starbucks announced the nationwide rollout of the mobile payments app it developed with mFoundry.