Visa Announces EMV Delay

The card company has changed the U.S. domestic EMV activation deadline for automated fuel dispensers until 2020 NACS ONLINE Visa Inc. has delayed its deadline for installing EMV chip-card readers in U.S. gasoline pumps after retailer discussions made clear that they would not have enough time to complete the multibillion-dollar upgrades, reports Bloomberg. According to…

Amazon Builds ‘Drive-In’ Grocery Store

The first brick-and-mortar location for the online retailer will resemble a 1950s drive-in diner rather than a traditional supermarket   NACS ONLINE Last month, Amazon announced it would be opening a drive-in grocery store as well as convenience store locations in a move from online to on-the-ground. Now, in its hometown of Seattle, the online…

Visa Changes Rules to Avoid Enforcement Action by The Federal Trade Commission

Recent scrutiny by the FTC and Federal Reserve Board of Governors triggered the modification NACS Online Recently, Visa agreed to change their rules and requirements for payment system stakeholders regarding the rollout of EMV smart chip technology in the United States. The move comes after careful scrutiny from the Federal Trade Commission (FTC) and Federal…

Dr Pepper Snapple Buys Bai Brands

The soda maker will purchase the antioxidant drink manufacturer for $1.7 billion NACS Online Dr Pepper Snapple Group has announced its plans to purchase Bai Brands for $1.7 billion, Fortune reports. Bai makes antioxidant beverages. “We’re excited to welcome Bai into our family of great brands,” said Larry Young, DPS president and CEO, in a…

More Online Retailers Moving to Actual Stores

The age of web-based shopping has fueled brick-and-mortar openings NACS Online Online shopping has changed the buying habits of Americans, but many online-only retailers are opening physical locations to further enhance the shopping experience, the New York Times reports. For example, last month, Amazon.com hinted that it might open convenience stores. Both big and small…