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Tuesday, April 23, 2019

Deadline constraints cause JCPenney's halt of NFC, Apple Pay

Consumers and payments analysts are discussing JCPenney's recent decision to stop supporting Apple Pay and other forms of near field communications (NFC) payments at its stores. In a statement to TechCrunch, the company explained it was discontinuing support of legacy contactless payment schemes that no longer comply with EMV guidelines.

"A third-party credit card brand made the requirement for all merchants to actively support EMV contactless functionality effective April 13, retiring the legacy MSD [magnetic stripe data] contactless technology in place," JCPenney representatives stated. "Given the resources and lead time associated with meeting the new mandate, JCPenney chose to suspend all contactless payment options until a later date."

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Monday, April 22, 2019

Podcast #38 - Keeping It Super Simple

The key to building lifetime relationships is in keeping it super simple, RJ Horsley, President of SpotOn Transact, explains in this week's featured interview. Plus, James discusses urgency killers and ways to overcome these in order to close deals, and Patti describes the latest trends in e-commerce sales.

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Spotlight Innovators:

North American Bancard | USAePay | Impact Paysystem | Aliaswire