The US online gambling debate has experienced various ups and downs since efforts began to legalize gambling websites in the United States. With three states—Nevada, Delaware, and New Jersey—allowing its citizens to gamble online, experts have been predicting that the online gambling industry will grow into many other states. However, Las Vegas Sands CEO Sheldon…
Category: Industry News
CEO Urges Against US Online Gambling
The US online gambling debate has experienced various ups and downs since efforts began to legalize gambling websites in the United States. With three states—Nevada, Delaware, and New Jersey—allowing its citizens to gamble online, experts have been predicting that the online gambling industry will grow into many other states. However, Las Vegas Sands CEO Sheldon…
Money 2020: Retailers Will Control Consumer Relations
This year’s Money 2020 conference was a sweeping success. CEOs and representatives from all around the world came to discuss current and emerging trends within the payments industry. Topics ranged from the growth of mobile payments to new commerce platforms, but one topic widely discussed and agreed upon was how retailers will control consumer relations.…
Mobile Payments Industry Continues to Grow
As merchant and consumers alike seek mobile devices to simplify different aspects of human life, the mobile payments industry has been rising significantly. From mobile eWallets that allow consumers to purchase goods using just their phones, to mobile POS terminals becoming more and more popular amongst small businesses, the world of mobile payments is constantly…
Starbucks Invests $25 Million in Square Inc.
San Francisco start-up company Square Inc. has received a multi-million dollar investment and partnership from Starbucks Corporation. The investment deal was reached last month, with Starbucks seeking to use Square’s technology to process all debit and credit card transactions in 7,000 locations nationwide. Experts believe that this is another step forward for the mobile credit…
Accepting eWallets to Reduce Shopping Cart Abandonment
As an e-commerce business owner, you are always trying to find new ways to reduce shopping cart abandonment. You have created a website that is easy to navigate. Your site developer has integrated a simple shopping cart that customers can locate without hassle. You even email guests to remind them that they have incomplete orders…
MasterCard Momentum Takes Visa by Surprise
With MasterCard shares trading at $547.73, the company’s continued success has taken the United States and its competitor, Visa, by surprise. As a result of the Durbin amendment, Mastercard had a 15% increase in debit and prepaid Gross Development Value (GDV) in 2012. The bill requires that banks with more than $10 billion in assets…
eCommerce Evolution — What to Expect
The eCommerce industry becomes more prevalent on a daily basis. To own a successful business today, you need to accept payments in all forms, whether by cash or electronically. The eCommerce evolution took us from fearing the idea of entering personal information to a world that expects a variety of online shopping options and this…
NJ Paving Way for In-State Internet Gambling
New Jersey is reaching milestones with its plans to offer internet gambling and betting to state residents. The state’s Division of Gaming Enforcement is busy compiling rules that gambling merchants and players must follow. One of the most important regulation states that all players must be at least 21 years old and must live in…
Online Pharmacies: Are They Safe and Legal?
Numerous legitimate pharmaceutical companies as well as online pharmacy businesses worldwide put public safety first and follow the appropriate laws and regulations. However, there are also many illegal businesses that only care about making a dime in a multi-billion dollar industry. These devious online pharmacies deliver medication illegally and without prescriptions. They require customers to…