Innovation in payments may seem like a new thing that has been facilitated by the emergence of new technologies, but there is a long established history of businesses finding new ways to encourage customers to spend with them. The first merchant specific credit vouchers
Visa Inc. and MasterCard recently announced plans to accelerate chip migration in the United States by 2015; long overdue some may say. This includes the initial approach of migrating the payment infrastructure over to accept EMV® and NFC technology (contactless). Additionally, most other payment infrastructures