Thursday , April 19, 2018

Marketing

COMMENTARY: Why Kiosks Are Becoming Must-Have Technology in the Retail Space

Kiosks, and the technology that supports them, are hardly new. We’ve been using kiosks to check in at the airport and print out a wedding registry at our local home-goods store for years. But today, kiosks are moving into fast-food restaurants, rental-car stores, drugstores, malls, and everywhere in between. In …

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Macy’s New Self-Checkout Feature and other Digital Transactions News briefs from 3/20/18

Macy’s Inc. said it is launching a self-checkout feature in its mobile app that lets customers scan an item with their phone and pay with a registered card. So-called mobile-checkout stations validate purchases, take off security tags, and bag the goods. The launch follows a test at the chain’s Woodbridge, …

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More First Data Merchants To Accept Alipay

Alipay, the mobile-payment service used by 600 million consumers, and processor First Data Corp. are expanding the number of U.S. merchant locations that can accept the China-based payment method in stores, Alipay announced Monday. The expansion comes nearly a year after the two companies said First Data would move Alipay …

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A Delivery App for Busy Air Travelers Seeks to Tap Into Rising Concession Sales

The home-delivery craze is starting to manifest itself at other venues, with the airport representing the latest example. With a new mobile app, harried passengers can have food or other products from airport stores delivered to them as they sit at their gates. The free app, called AtYourGate, comes from …

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Who’s Afraid of Cryptocurrency? ISO Aliant Adds Ether And Litecoin to Its Bitcoin Gambit

Some experts may dismiss cryptocurrency as impractical for retail payments, but at least one independent sales organization is doubling—make that tripling—down on crypto for merchant acceptance. Fort Lauderdale, Fla.-based Aliant Payment Systems Inc. last week launched programs for Ether and Litecoin to go along with one for Bitcoin that it …

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Surcharging Is the Wave of the Future, ISO Executives Say

Not many merchants are doing it yet, but surcharging credit card transactions will soon gain more acceptance as businesses do whatever they can to reduce their card-acceptance costs. That’s the expectation of merchant-processing executives who participated in a panel Tuesday at the Southeast Acquirers Association annual conference in Orlando, Fla. …

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American Express Will Shave Its Discount Rates To Grow Merchant Acceptance

In an effort to make its cards more financially attractive to merchants, American Express Co. plans to cut its worldwide discount rate by potentially up to three times the level it had previously predicted for 2018. AmEx, generally the costliest of the major card brands for merchants to accept, typically …

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Making Mobile Better for Consumers May Be Worth the Investment, Worldpay Survey Indicates

Merchants wondering whether it’s worth it to invest in improving the consumer experience on their mobile Web sites or mobile-shopping apps may want to consider the findings of Worldpay Inc.’s “Mobile Payment Journey” survey. In the survey, released this week, 37% of U.S. consumers said they would spend more for …

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Zelle’s Rx Includes Strong but Simple Messaging, Emphasis on Requests, and Greater Generational Appeal

The newbie bank-controlled Zelle person-to-person payments service already is a major player on the P2P scene, but it could win even greater adoption through clear messaging, a mobile-first orientation, more emphasis on its underutilized request feature, and an appeal beyond Millennials. Those and many other recommendations and observations are included …

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Why Amazon Is Talking to Banks About a ‘Checking Account’ for Its Customers

Amazon.com Inc.’s interest in launching a checking-account-like product, reported Tuesday by The Wall Street Journal, could have deep roots in its strategy both for payments in general and for Amazon Pay, the payment wallet it operates for non-Amazon sites, expert observers say. Talks between the Seattle-based retailing colossus and banks …

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