Monday , December 10, 2018

Mobile Wallets

Chase Gets Back Into Contactless Cards, Signaling Stronger Momentum for Tap-And-Go EMV

Giant card issuer Chase once again will issue contactless credit and debit cards, the bank announced Wednesday. Chase, a unit of JPMorgan Chase & Co., says it will begin later this year issuing contactless EMV cards bearing the Visa Inc. brand, first to its Chase Freedom Unlimited and Chase Slate …

Read More »

Sionic Mobile Announces Single Account Service and other Digital Transactions News briefs from 11/14/18

Sionic Mobile, a provider of payment and rewards technology, announced a single account through which users can pay a range of providers through mobile devices or in-car commerce. Gas Pos, which sells EMV-acceptance services to fuel retailers, announced a $1 million investment from Merus Capital, a venture-capital firm. Bluefin Payment …

Read More »

More Consumers See Smart Phones As Crucial Shopping Tools, Though Their Payment Use Lags

As the holiday shopping season swings into gear, look for more consumers using their smart phones for shopping—but not so much for making a mobile payment, says GfK, a Germany-based consulting firm, in its latest FutureBuy research. Forty-five percent of all U.S. consumers rank mobile devices, including smart phones and …

Read More »

Most—73%—Will Shop in Stores This Holiday Season and other Digital Transactions News briefs from 11/9/18

A survey of 1,000 U.S. adults found 73% will shop at a store for gifts this holiday season, but 13% will also use a virtual assistant, such as Siri or Alexa. Some 57% will use a computer and 42% a mobile device, according to the poll, conducted by merchant processor …

Read More »

Green Dot Says It’s the Go-Between in the New Walmart-PayPal Cash Service

When retail giant Walmart Inc. and PayPal Holdings Inc. announced nearly a month ago that PayPal customers will be able to withdraw cash from, and deposit cash into, their accounts at U.S. Walmart stores, a major partner in that service wasn’t mentioned. On Wednesday, prepaid card services provider Green Dot …

Read More »

In the Shadow of Amazon, 7-Eleven’s Scan & Pay Brings Mobile Checkout to the C-Store Chain

Consumers shopping at 14 7-Eleven Inc. stores in the Dallas area can test the convenience-store chain’s new Scan & Pay feature to make purchases without stopping at the checkout counter, 7-Eleven announced Monday. The service, part of the 7-Eleven app that also houses the 7Rewards loyalty feature, enables consumers to …

Read More »

Eye on Mobile: Apple Pay’s Growth Surge Continues; Mitek Cool to Buyout Offer

Apple Pay continues to gain strong adoption, Apple Inc. chief executive Tim Cook reported Thursday. Also on Thursday Mitek Systems Inc., a small but prominent provider of software for mobile remote deposit capture and identity verification, gave a decidedly cool response in its first comments about a $425 million buyout …

Read More »

Eye on the Checkout: Target Adds Mobile Checkout; Harry & David Updates Online Checkout

Target Corp. is adding mobile checkout to its stores in time for the holiday shopping season, the Minneapolis-based retailer announced Thursday. Target employees, equipped with handheld devices, can accept card payments anywhere in a store after scanning each product in a shopping cart. The service enables consumers to skip the …

Read More »

Eye on Restaurants: BAMS Caters to Full-Service Restaurants; CardFree Launches Pay-At-Table

Payments provider Bank of America Merchant Services announced it and talech, developer of a cloud-based point-of-sale system that uses Apple Inc. iPads, are going after full-service restaurant and bar owners. Announced Tuesday, the deal will see BAMS, which is a merchant-acquiring alliance between First Data Corp. and Bank of America …

Read More »

COMMENTARY: Why an Omnichannel Strategy for Mobile Payments Is Crucial for Merchants

It’s been four years since Apple launched Apple Pay, which together with Google Pay and Samsung Pay has ushered in the modern era of mobile payments. These “Pays” have been joined by mobile-payment solutions from retailers like Starbucks and Walmart, and together with P2P apps that can be used at …

Read More »