Target


'Target' Articles Page 2

Target Plans to Offer Apple Pay After Chip-and-PIN Card Upgrade

Target CEO Brian Cornell spoke at Re/code's Code Conference in Palos Verdes, California today, where he confirmed that the company plans to offer in-store support for Apple Pay in the future. According to Cornell, while he'd love to have Apple Pay available "right now," support will not be coming until Target upgrades its system to support integrated circuit credit cards to comply with new standards. Integrated circuit cards (or chip-and-PIN cards) replace the magnetic stripe on a credit card or debit card with an embedded microchip. The microchip communicates with a supported point-of-sale system to authenticate transactions. Chip-and-PIN cards are already used in many countries around the world because they're believed to be more secure than traditional credit cards. In the United States, retailers are being encouraged to adopt point-of-sale systems that support chip cards by the end of 2015. Target is especially eager to move to a more secure transaction system following a major data breach in late 2013 that saw hackers obtaining payment information for approximately 40 million of its customers. The move is a major transition for Target, and Cornell says he doesn't want to "distract the team" with work on other payment systems."Our focus is on getting chip-and-PIN in place in time for the holidays," Cornell said at the second annual Code Conference in Rancho Palos Verdes, Calif. "Down the line we want to accept all the types of payments that our guests want. But this decision was all about focus. ... It is a major undertaking to convert to chip-and-PIN, and I

New iPads Begin Showing Up in Third-Party Retailers' Stockrooms Ahead of Friday's Launch

With just two days to go until the launch of the new iPad, third-party retailer partners are apparently beginning to receive their stocks of the device. Engadget shares a photo of what is claimed to be several boxes of the new iPad that have arrived at a Best Buy location in the United States. Meanwhile, another report claims that at least one PC World location in the United Kingdom has received its shipment, with the boxes "stacked up ready to go". For those looking forward to an in-store purchase on launch day in the UK, Pocket-lint claims that PC World may be a solid option with rumors that at least some of the chain's locations will be opening ahead of Apple's official 8:00 AM launch time. Update: We're also hearing of iPad shipments arriving at John Lewis in the UK and at Target in the United