Thursday , June 21, 2018

Mobile Commerce

Eye on Retailers: Kohl’s Pay to be Fine Tuned; Amazon Advances Across Channels

By Kevin Woodward@DTPaymentNews Retailer Kohl’s Corp. plans to tweak its newly launched OmnyPay Inc. The service works only with the Kohl’s Charge card, issued by Capital One N.A. Lavu predicts Kohl’s Pay will generate copious amounts of data, especially given that enrollment in the app is up by 70% following …

Read More »

Beyond In-Store And In-App: Samsung Pay, Android Pay Add Online Payment Capability

By Kevin Woodward@DTPaymentNews Consumers with Samsung Pay mobile-wallet accounts will be able to use them as a payment method for online transactions thanks to a partnership with Samsung Pay to shop using Masterpass starting in 2017. To use the service, consumers select the Masterpass button on a participating merchant’s e-commerce …

Read More »

M-Payments Use Remains Flat and other Digital Transactions News briefs

• Mobile e-commerce grew 60% last year to reach $120 billion, with 70% of that total coming through browsers (50%) and apps (20%) accessed via smart phones, according to a new report from Javelin Strategy & Research. • Routine usage of mobile devices to make payments remains flat with last …

Read More »

Staples Accepts Online Apple Pay and other Digital Transactions News briefs

• Office-supply giant Staples Inc. has begun accepting Apple Pay on its mobile Web site, m.staples.com. Staples early on began accepting Apple Inc.’s mobile wallet in its stores and on its app. Apple recently made the service available for browser-based payments using Safari. • More than half of consumers believe …

Read More »

Kohl’s Pay Marries Payments and Offers Into Its Private-Label Mobile Wallet

By Kevin Woodward@DTPaymentNews Kohl’s Corp. joins the ranks of retailers with their own mobile-wallet services with the launch this week of Kohl’s Pay. Menomonee Falls, Wis.-based Kohl’s said the barcode mobile-payment service exclusively uses the private-label Kohl’s Charge card as the payment mechanism in more than 1,100 Kohl’s stores. To …

Read More »

Now That Apple Pay Has Arrived on the Web, Will It Solidify Its Hold on Users?

Apple Pay has brought the one-click simplicity of its mobile-payments service to the desktop and mobile browsers. Apple Inc. on Tuesday released an update for Apple computers that enables consumers to pay using its Apple Pay mobile wallet on participating Web sites, such as Lululemon.com and Apple.com, but only when …

Read More »

Stripe Employs Visa, MasterCard Real-Time Payment Services for Its Marketplaces Users

MasterCard Inc. and Visa Inc. reported Monday that online-payments specialist Stripe Inc. is using their instant-payment services to pay merchants such as ride-sharing service Lyft and other users of Stripe’s marketplaces. Stripe actually began offering what it calls Instant Payouts relying on the network services—Mastercard Send and Visa Direct—to merchants as …

Read More »

Time Now Accepts Apple Pay and Other Digital Transactions News briefs

• Ripple, a provider of distributed-ledger technology for financial transactions, has completed a $55 million Series B funding round. • In related news, Tipalti, which provides a platform to automate supplier payments, announced a $14 million funding round. • Time Inc. said it has integrated Apple Inc.’s Apple Pay to allow mobile …

Read More »

The PCI Council Beefs Up Its Rules for Thwarting Data Thefts From Payment Devices

By Jim Daly@DTPaymentNews With malware and hacker attacks on payment card-accepting devices increasing in sophistication, the PCI Security Standards Council has announced updated rules for protecting such devices. “The updates are designed to stay one step ahead of criminals who continue to develop new ways to steal credit and debit …

Read More »

FinCEN Issues Email Fraud Advisory and other Digital Transactions News briefs

• Apple Inc. said it is bringing its Apple Pay mobile-payments service to Japan with its new iPhone 7 and 7 Plus smart phones, and Apple Watch Series 2. Apple Pay will work with Japan’s variant of near-field communication (NFC) contactless technology known as FeliCa. • The U.S. Treasury Department’s Financial …

Read More »