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Consumers are expected to use their smart phones and tablets to do more than check prices this holiday season. More of them expect to make mobile-commerce purchases—forecasted to reach $1.6 billion on Thanksgiving Day, Black Friday, and Cyber Monday— finds the Adobe Digital Index, a research service from Adobe …
Read More »Remain Calm: Mobile Pay Will Boom, but It Doesn’t Warrant a Media Frenzy, Analyst Says
Mobile-payments volume will nearly triple from $51.5 billion this year to $141.7 billion in 2019, according to a new report from Forrester Research Inc. That’s pretty exciting news for payments networks, processors, banks, tech specialists, and others with a stake in the budding sector. But wait. Even with all that …
Read More »Smart Phone and Tablet Users Use Weak Security Measures: Report
Consumers using smart phones and tablets based on Android, iOS and Windows Mobile operating systems tend to have lax security measures in place, finds a report commissioned by authentication vendor Nok Nok Labs. Google Inc. developed Android. Apple Inc. created iOS for its mobile devices, and Microsoft Corp. owns Windows …
Read More »For the First Time, Consumer Use of Mobile To Buy Physical Goods Exceeds 50%, Report Says
In the past 12 months, 51% of consumers purchased a physical good using a mobile phone, the highest percentage in five years, potentially signaling a greater propensity for consumer adoption of mobile wallets, according to a new report from Javelin Strategy & Research. That is up from 45% in …
Read More »With 65,000 Tabletop Tablets Deployed Overall, Ziosk Begins Placing Its Devices at Smokey Bones
Tablet-based point-of-sale technology is moving apace in restaurants. Ziosk LLC, which installs tabletop tablets in eateries, announced this week Smokey Bones Bar & Fire Grill will install its system in all 65 of its U.S. locations. The rollout is expected to wind up by the end of February. Dallas-based Ziosk, which …
Read More »MasterCard To Expand Its DataCash Gateway Services With TNS Acquisition
By Jim Daly MasterCard Inc. announced Thursday that it has a deal to buy gateway businesses from TNS Inc. that will expand the global footprint of its DataCash e-commerce subsidiary. Terms of the deal, which is expected to close by year’s end, were not disclosed. The sale includes two units …
Read More »A New App Uses Facial Recognition and Location To Pay Tips
Tip.ly is a new app that wants to make it easier for patrons to tip their servers. The iPhone-only app is designed to solve the problem of how to leave a tip when a consumer has no cash. Consumers associate a payment card with their Tip.ly accounts. Recipients collect the …
Read More »Evo Payments Bundles Loyalty, Promotions, and Rewards Into Its New Mobile POS Product
Merchants using the newly released Evo Snap Mobile smart-phone and tablet-based point-of-sale service from Evo Payments International can create and manage loyalty, rewards, and promotion programs in addition to accepting payments. Melville, N.Y.-based Evo says the Snap Mobile service, available globally, works with iOS and Android devices. In addition …
Read More »Apple Embeds NFC in Its New iPad Air 2, Stirring Speculation About Its Mobile POS Plans
When Apple Inc. officially launched its Apple Pay mobile-payments service on Monday, all eyes were on the new iPhone 6 and 6 Plus, the smart phones that carry the near-field communication (NFC) technology that makes Apple Pay work in stores. But now it turns out Apple has also embedded an …
Read More »Would-Be Apple Pay Users Disappointed When Rite Aid Apparently Turns Off NFC
By Jim Daly As a complex new technology-based service, Apple Inc.’s Apple Pay was certain to hit some speed bumps after it debuted Oct. 20. Sure enough, reports of glitches surfaced, such as about 1,000 double charges on Apple Pay transactions funded by Bank of America Corp. debit cards. But …
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