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PayPal, the payments arm of online marketplace eBay Inc., has put out a call for more resellers, including independent sales organizations, acquirers, independent software vendors, and value-added resellers. PayPal, which has set up a dedicated Web page soliciting partners, says its ideal partners include “folks that share a similar …
Read More »It’s ‘Fits and Starts’ in Mobile-Payments Evolution, Finds An IDC Survey
An industry as intrinsic to commerce as electronic payments is unlikely to make wholesale moves to new technologies like mobile payments. That applies to consumers, too, who appear to be moderating their use of mobile payments. Data from the IDC Financial Insights 2014 Consumer Payments Survey reveal that consumer …
Read More »With Support from Visa And MasterCard, Host Card Emulation Lends New Momentum to NFC
A less costly, software-based way to handle mobile transactions using near-field communication (NFC) technology is expected to begin fueling NFC payments later this year following the release of specifications from both MasterCard Inc. and Visa Inc. n Support from the two major international card networks comes as demand for HCE-based …
Read More »End of Life for Microsoft XP Presents Opportunity for Tablet POS Vendors
With Microsoft Corp. no longer supporting its Windows XP operating system, companies marketing tablet-based point-of-sale gear and software are hoping to garner more business from small and mid-sized businesses looking to replace POS systems that use the outmoded OS. As expected, computing giant Microsoft ceased support for the 12-year-old XP …
Read More »Mobile Commerce Efforts Vie for Acquirer Attention
Selling merchants solely on the price and availability of a diverse set of payment processing methods won’t be enough in the next year or so as merchants increasingly turn to those who can help them grow their businesses. That’s the message proponents of mobile marketing and advertising services are …
Read More »With Abandonment Soaring, Equifax And Jumio Aim To Ease Mobile Commerce Pain
Consumer affinity for shopping on smart phones and tablets is unlikely to abate any time soon. And that poses a problem for retailers as they try to make the payment experience easier on mobile commerce sites and apps. It’s a problem that credit-reporting agency Equifax Inc. and payments-and-authentication-services provider …
Read More »Square Market Accepts Bitcoin As Good News/Bad News Pattern Continues for Currency
The up-and-down course Bitcoin has followed in recent months continued on Monday as Square Inc. announced it has started accepting the digital currency on Square Market, the online marketplace it unveiled last June. The news lent some legitimacy to Bitcoin just as the currency was reeling from an Internal Revenue …
Read More »Burger King Has Its Way With a New Mobile-Payments and Loyalty App
It may perennially trail McDonald’s Corp. among the leading U.S. hamburger chains, but Burger King Worldwide Inc. is on track to take the lead in mobile payments. Miami-based Burger King this week said it plans to roll out a smart phone app offering mobile payments and digital-coupons beginning in April. …
Read More »Mobile POS Card Reader Makers Prep for the U.S. EMV Switch
With as many as 5 million mobile point-of-sale readers in circulation in the United States, mobile POS companies will have their hands full following the liability shift set for October 2015 when the nation’s payment card networks step up the migration to the Europay-MasterCard-Visa smart card scheme. Designed to …
Read More »Report Documents the March of Online Alternatives to the Payments Mainstream
Alternative payments? So many people are now using services such as PayPal, Amazon Payments, Google Wallet and others that the term is becoming outmoded. In a new report, Javelin Strategy & Research says eight in 10 online shoppers have used an online alternative payment service in the past year, and …
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