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Archive for June, 2015

Barclays forgoes Apple Pay while boosting wearables-based contactless payments

Tuesday, 30 June, 2015
Barclays is adding new devices to bPay

Barclays is adding new devices to bPay

As Apple Pay gears up to launch in Britain in July, Barclays Bank – one of the region’s major financial institutions – remains an important holdout while ramping up its own wearables-based contactless payments strategy.

Barclaycard first introduced the bPay wristband last year and is …read more

Source:: Mobile Commerce Daily feed

How On The Border gets mobile payments right

Tuesday, 30 June, 2015
On The Border is going mobile with its payment options

On The Border is going mobile with its payment options

On The Border Mexican Grill & Cantina is promoting its recent foray into mobile payments and educating customers about how to take control of their dining experience via in-store signage that showcases the necessary steps and convenience of paying via smartphones.

The …read more

Source:: Mobile Commerce Daily feed

Cale shifts the parking payment industry with Apple Pay

Tuesday, 30 June, 2015
Cale brings mobile payments into the parking payment

Cale brings mobile payments into the parking payment

Parking technology manufacturer Cale is easing customers’ payment experience with the introduction of Apple Pay into its terminals, suggesting a possible shift in non-merchandise based payments.

As parking and paying can be a known aggravation for consumers, Cale is continuing to bring the industry …read more

Source:: Mobile Commerce Daily feed

NCR Turns to the Cloud for Less Invasive Point of Sale Overhauls

Monday, 29 June, 2015

Retailers increasingly prefer software to execute fast point of sale updates, leading longtime hardware provider NCR to use a centralized digital hub to help merchants avoid the cost and time of ‘rip and replace’ projects. …read more

Source:: Payments Source – Processing

European ‘Joint ACH’ Paves the Path to Faster Payments

Friday, 26 June, 2015

An Automated Clearing House joint venture in Europe will help handle increased cross-border transactions in the Single Euro Payments Area and keep the processors on track to adjust to any future faster payments initiatives. …read more

Source:: Payments Source – Processing

U.K. Council Pushes U.S. Toward Faster Payments

Tuesday, 23 June, 2015

The U.S. likely didn’t need an extra shove to adopt an international payment messaging standard vital to a faster payments network but, just in case, the U.K.’s Payments Council is making it easier to do so. …read more

Source:: Payments Source – Processing

Global Payments Brings Amex’s Small Biz Services to Canada

Monday, 22 June, 2015

Payments technology provider Global Payments Inc. is formally launching American Express’ OptBlue small business suite in Canada, providing fuel for Amex’s recovery from the loss of Costco’s cobranded card business. …read more

Source:: Payments Source – Processing

Aviva Taps Realex for Multi-Channel Insurance Payment Integration

Monday, 22 June, 2015

Realex Payments, a division of Global Payments, has signed a three-year deal to process e-commerce and call-center transactions for insurance provider Aviva. …read more

Source:: Payments Source – Processing

PayPal tops privacy rankings despite payment cards’ dominance, says Javelin analyst

Friday, 19 June, 2015
PayPal.

PayPal.

NEW YORK – A Javelin Strategy and Research payments analyst at Mobile Commerce Daily’s Mobile Research Summit: Data & Insights 2015 said mobile and digital are upending perceptions of trust in financial institutions, with online services such as PayPal ranked tops in safeguarding privacy and traditional banks falling down the …read more

Source:: Mobile Commerce Daily feed

98pc of mobile purchases are remote: Euromonitor

Friday, 19 June, 2015
Four Seasons mobile app - mobile purchase

Four Seasons mobile app

NEW YORK – For all the excitement surrounding proximity-based purchases, the vast majority of mobile sales occur remotely, according to a Euromonitor analyst at Mobile Commerce Daily’s Mobile Research Summit: Data & Insights 2015.

Proximity-based mobile payments allow retailers to tie together the purchase journey, since the prerequisite accounts follow consumers as they progress toward a sale. Although adoption rates remain marginal, poster child success stories such as Starbucks have established a strong model for aspirants.

“Proximity of mobile payments has become the holy grail,” said Michelle Evans, senior consumer finance analyst at Euromonitor, Chicago. “There’s certainly a lot of hype and not a lot of traction.

“Mobile is transforming that predictable consumer journey into dizzying twists and turns,” she said.

“The battles are heating up to control that flow of money across devices.”

Mobile Research Summit: Data & Insights 2015 was organized by Mobile Commerce Daily.

 …read more

Source:: Mobile Commerce Daily feed