Friday , April 26, 2024

Search Results for: "contactless cards"

Trends & Tactics

  All Signs Point to Credit Cards’ Recovery   After getting KO’d in the recession, credit card usage is back on its feet. While card issuers are more cautious than they were a few years ago, consumers who have credit cards are using them more frequently, and they are spending …

Read More »

Canada Puts Down Chip Card Roots

  Canada seems to have found a workable formula for rolling out EMV technology.   Can the U.S. learn from it?   By Peter Lucas   Payment card executives in the United States looking to follow a model for how to roll out EMV cards and terminals need look no …

Read More »

Google’s NFC Entry Impresses Experts, But Leaves Key Questions Unanswered

Google Inc.’s entry in mobile payments and marketing, which the online search titan unveiled last Thursday, swept many observers off their feet with its comprehensive roundup of key players but also left a number of crucial questions unanswered. Experts agree, though, that the uncertainty swirling around these questions only underscores …

Read More »

Google Makes It Official: It’s in the NFC Race—with Payments Plus Deals

Google Inc. on Thursday officially entered what is rapidly becoming a highly competitive sweepstakes for dominance in the nascent business of mobile wallets. The Web search giant announced it is working with four partner companies and some 16 retailers to offer consumers a payments-and-rewards system based on its Nexus S …

Read More »

Google Venture with Citi And MasterCard Aims at Commercializing NFC

  Google Inc.’s announcement concerning its plans for mobile payments and promotions, expected on Thursday, will herald a major effort by the Web search giant and partner companies to commercialize near-field communication (NFC) technology, sources tell Digital Transactions News. “This is not just another [NFC] pilot,” says a source close …

Read More »

Debit May Have Dethroned It, But King Cash Retains Its Allure

Cash: the merchant’s friend or foe? Two of the nation’s largest merchants on Thursday expressed surprisingly favorable views about the ancient payment method while an executive with the Chicago Transit Authority, the nation’s second-largest public-transportation system, wished it would go away as soon as possible. The comments came during the …

Read More »

Isis Reportedly Quits Building Its Own Merchant Network To Focus on Wallet

The telecommunications companies that own the Isis mobile-payments joint venture have apparently given up on the idea of creating their own merchant network and instead are redirecting their efforts on a mobile wallet, according to a published report. If confirmed, the Isis move means that the existing payment card networks …

Read More »

Annual Field Guide to Alternative Payments

  Cover Story Mobile-payment schemes proliferate but innovations abound in all corners of the new world of electronic-payment systems competing for consumer and merchant adoption.   By John Stewart, Jim Daly, and Linda Punch       We’re putting on weight. First published in 2009, Digital Transactions’ Field Guide to …

Read More »

A Little-Noted Durbin Provision Could Cripple Contactless, Hurt NFC, Experts Say

Could a little-noted provision in the Durbin Amendment strangle the nascent U.S. contactless-payments market in its crib? It’s a very real possibility, says a pair of researchers, and the consequences could deal a blow to the prospects for mobile payments that depend on a promising technology called near-field communication (NFC). …

Read More »

Demographics, Transit Helped Drive Salt Lake Selection, Isis Says

Local demographics and the availability of a mass-transit system that uses contactless technology for fare payment chiefly accounted for the decision by Isis, the joint venture formed late last year and led by major wireless carriers, to launch its first pilot next year in Salt Lake City, Utah,  Isis’s head …

Read More »
Digital Transactions