Starbucks Says It Handles 90% of All Mobile Payments

Mobile payments are becoming increasingly popular, especially with the introduction of Apple Pay. Starbucks was one of the first retailers to allow mobile payments in their coffeehouses, and this early entry is now paying off for them. Of the seven … Continue reading

PayPal Tests Smartwatch Payment Option at Starbucks

PayPal is testing a new wireless smartwatch system at Starbucks that identifies you to the barista when you enter the store and allows you to pay for purchases. The new pilot program is currently being tested at a Starbucks located … Continue reading

Final Hearing Today on Swipe Fee Battle

The eight-year legal battle over interchange fees will culminate in a final hearing today in a Brooklyn federal court. U.S. District Judge John Gleeson will hear arguments on whether to give final approval to what is believed to be the … Continue reading

LowCards.com Weekly Credit Card Update–May 24, 2013

What's In Millennial's Wallet? Fewer Credit Cards Millennials are more financially cautious than the stereotype of the spendthrift twenty-something. Some experts say their habits echo those of another generation, those who came of age during the Great Depression and forged … Continue reading

Major Retailers Formally Oppose Swipe Fee Settlement

The National Retail Federation and 19 large retailers, including WalMart, Costco, Gap, Lowe's, Nike and Starbucks are choosing not to participate in the pending $7.2 billion class-action settlement with Visa and MasterCard over interchange fees. These retailers will be forfeiting … Continue reading

LowCards Weekly Credit Card Update August 10

U.S. Consumers Cut Back on Credit Card Use in June Americans cut back on credit card use in June, a sign that high unemployment and slow growth have made some more cautious about spending. Still, total consumer borrowing increased as … Continue reading