EVO Canada News

Let EVO Canada help your business

Posts tagged with “google wallet”

Google Wallet releases version 2.0

Friday, 17 August, 2012

Out with the old and in with the new. Google has released version 2.0 of their Google Wallet service which allows a prepaid credit card of your choice to be stored in a completely secure environment.  The prepaid card simply funds the purchase when a mobile payment is made. This system is an improvement over previous version 1.0 which needed card issuers to become involved in provisioning the payment cards to Google Wallet.

In terms of security Google has gone down a different path regarding their technical approach: the cards are now stored on Google’s impeccably secure servers instead of on the secure storage area provided in all smart phone devices. A virtual card number is still stored there to help facilitate the purchase. Google then charges your selected card immediately thereafter. This new version actually speeds up the integration process for banks, enabling them to add their cards to the Wallet in literally weeks. This new methodology may pave the way for a better solution to support all credit and debit cards.
http://www.nikeairmaxfreedom.com nike air max 95
Google has also made it much easier to disable your mobile wallet in cases of theft or loss of the phone. With a simple visit to the “Devices” section in your online wallet you can find the phone that you want disabled and Google Wallet will then not authorize any transactions until you effectively change the settings.

http://www.nfcworld.com/2012/08/01/317105/google-wallet-2-0-the-easy-way-to-pay-with-nfc/

Visa’s V.me mobile wallet to launch in 2012

Tuesday, 14 February, 2012

A hot topic heading into 2012 is the emerging technology coined the “mobile wallet” which Visa intends to capitalize on. Expected to launch sometime in late 2012, V.me is the official brand name for their proprietary mobile wallet.

Mobile wallets refer to applications on smart devices that allow users to store debit, credit and prepaid card information to be used for POS or online payment processing. Visa’s hedging on a similar strategy they currently employ with the various banks using the standard credit card service, the V.me mobile wallet will also be made available to companies such as PayPal, ISIS and Google Checkout along with an open beta development platform.

The advantages of a mobile wallet are that they allow customers to shop and purchase without transferring sensitive payment information over to merchants via a standard debit or credit card terminal. This added level of security, combined with the convenience and flexibility of standard payment processing and the ability to shop easily using a mobile smart device, all add up to why mobile wallets are an emerging trend and gaining momentum.

Visa is hoping this trend will continue to develop and take their existing credit and debit card business in new directions. For more info on this platform by Visa, visit www.v.me.

By Evo Canada Merchant Services

Product Spotlight: Verifone VX810 Duet

Saturday, 11 February, 2012


This pay-at-the-counter device is the perfect solution for high-traffic / high-volume retail, restaurant and service environments looking for a hassle free and complete point-of-sale option. Boasting a lightweight hand-over device perfect for end-consumer usage at cash registers, the terminal is equally suited to multi-lane environments.

Complete with a powerful user-friendly PIN Pad and extensive POS capabilities, the Verifone VX810 Duet leaves merchants with many options to expand. Using the Electronic Cash Register interface (ECRi), the device can be connected to existing POS systems enabling control of transactions directly from the cash register if needed and compatible.

Entirely secure, the VX810 Duet is backed by 3DES encryption, Master/Session and DUKPT key management, is PCI PED approved and uses VeriShield authentication to keep all transactions covered and safe.

Through a simple set-up, the VX810 Duet is easy to implement and does not require additional certification for merchants, bringing you EMV capabilities right away!

Couch Commerce, rising mobile payment trend

Sunday, 5 February, 2012

Merchant service account evo canada payment processing The recent US Thanksgiving holiday weekend showed positive retail sales comparatives to the previous year, indicating that the economy is showing signs of improvement.

Shoppers were out and about in abundance, both in traditional retail and online before, during and after one of the most important holiday seasons for US retail. As online retail sales continue to trend upwards, so has the rise of mobile purchases and this holiday season was exceptionally positive for this emerging sector.

IBM’s Coremetrics retail data division stated an annual increase of 39% in online sales over last year with significance on emerging mobile shopping trends. Consumers opting for mobile devices to visit retailers’ websites versus traditional computers or laptops, rose from 6.45% in 2010 to 15.2% this year and actual consumers making an online purchase increased to 11.09% up from 4.25% in 2010.

eBay has termed this emerging trend as “couch commerce” where most consumers find time in-between turkey, football and family, to surf and shop the web from the comfort of their living room using a tablet or mobile device.

As shopping gets more “comfortable” and more mobile devices become accessible to the general population, perhaps we’ll finally see the end to the massive pile-ups of people running into stores on US’s Black Friday and Canada’s Boxing Day.

Smartphone = Smartwallet: the age of mobile payments

Wednesday, 16 February, 2011

By the end of 2011, mobile payment users are expected to total more than 140 million people worldwide. It’s no question that with the rise of enhanced mobile devices, such as smartphones and tablets, people have embraced new ways of gathering info, communicating and consequently consuming products and services. From apps to social media, simple web searches and everyday phone calls, so much of our daily life has become intertwined with portable devices and it’s only natural that payment processing becomes a part of this growing movement.

At the forefront of these new mobile payment initiatives is NFC (Near Field Communication), a revolutionary way to use technology to make simple low cost secure purchases through a mobile device. The concept is similar to the “pay pass” chips offered by most credit and debit card companies and widely used by gas stations in the form of a key chain swipe system.  Transactions can process simply through close proximity between two devices set-up with NFC technology, only a few centimeters apart.

No longer will people need to keep track of cards, cash and even the wallet itself, one central device will hold all of your vital daily resources. The offshoot for waste management is endless as well, as mobile payment solutions continue to move us towards a paperless society.

So next time you’re in line for that latte, pull out your phone and instead of making a call, send a text or type that tweet while you wait, pay for your coffee instead!

http://www.nikeairmaxfreedom.com nike air max sneakers