Wednesday , April 24, 2024

Search Results for: apple pay

As Mobile’s Importance Increases, Ease of Use And Fraud Risk Take on a Higher Profile

By 2020, nearly 33% of merchants say the mobile channel will account for at least half of their total revenue. This, and other mobile-payments insights, come from the Kount Inc. 2018 Mobile Payments & Fraud Survey released Thursday. Now in its sixth year, the survey of almost 600 merchants found …

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Eye on Self-Checkout: Mobile Checkout That Ditches Apps, And New Locations for Amazon Go

The payments industry’s drive to bypass—or eliminate—the traditional retail checkout typically involves a mobile app, but on Thursday Moltin, a 5-year-old Boston-based developer, introduced a browser-based self-checkout capability that lets customers ring up their own goods. The first merchant to deploy the technology is a San Clemente, Calif.-based clothing maker …

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The Banks Strike Back

Long outclassed by nimble tech players, financial institutions are finally scoring points in the P2P payments game with the rapidly growing Zelle network. But nobody’s conceding defeat in this much-coveted market. Keeping track of the players in peer-to-peer payments is like following an ensemble cast—a playbill is needed to identify …

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The Shared Checkout’s Slow Check-in

Sky-high abandonment rates, PayPal dominance, and a new online standard are pushing the major card networks toward a common buy button. But don’t look for that to emerge any time soon. When the major card networks in April started talking about what they called a common buy button for e-commerce, …

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Ingenico Device Wins a Google Certification and other Digital Transactions News briefs from 5/29/18

In an effort to help modernize New York City’s taxi fleet, Curb Mobility has introduced two new tablet initiatives, Dash and Ryde. Dash is a tablet-based digital meter, while Ryde is a customer-facing tablet that links to the Dash meter and provides in-cab entertainment. The new services add to Curb’s …

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COMMENTARY: Here’s How the Big Card Networks Can Make Their Common Buy Button a Winner

The digital payments innovators used to be Mastercard and Visa, but with the rise of PayPal, it’s been a new game. Then along came Alipay and Apple Pay and many other local or specialized payment methods, making the playing field even more competitive for these card payment platforms. Visa Checkout …

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Ticketing App Atom Tickets Adds Landmark Theatres to a Stable of Major Movie Chains

The movie-ticketing app Atom Tickets has struck a deal with Landmark Theatres, said to be the country’s largest exhibitor of independent films, to add the company’s 53 theaters and 255 screens in 27 markets across the country. The deal will boost Atom Tickets’ coverage that includes more than 20,000 screens …

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Early Ripple Cross-Border Tests Results and other Digital Transactions News briefs from 5/10/18

Blockchain provider Ripple Labs Inc. reported results on a number of pilots it is running for its XRapid cross-border payments network. Participants in the pilots have realized cost savings ranging from 40% to 70% compared to conventional fees. The average XRapid transaction took a little over two minutes, compared to two to …

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After an Initial Hit, PNC Bank Cuts Its Zelle P2P Fraud

PNC Bank customers like Zelle, but fraudsters liked the person-to-person payments service a little too much after PNC rolled it out last July, according to a bank  executive. Paul Trozzo, senior vice president and product group manager, on Tuesday dubbed Zelle “very successful” for the Pittsburgh-based bank, a unit of The …

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Postpone the Requiem for Cash

Despite what you hear about electronic payments displacing coins and folding money, the real story is a little more complicated. The world is flat. Or at least that’s what most people believed until Aristotle around 330 B.C. provided evidence of a spherical Earth. Even then, it was slow to catch …

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Digital Transactions