Payments companies are taking strides toward integrating rewards for everyday purchases into mobile wallets, while making it easier to redeem those rewards at point-of-sale terminals. Last month, vending-payments specialist USA Technologies Inc. said it is integrating its MORE. loyalty platform into Apple Pay. The deal is designed to induce more …
Read More »Apple Reports Record iPhone Sales And Hints at Strong Growth for Apple Pay Globally
Apple Inc. reported record quarterly sales Tuesday for its iPhone smart-phone models while chief executive Tim Cook briefly sketched a strong quarter and year for Apple Pay, the Cupertino, Calif.-based computer company’s mobile-payments service. Speaking to analysts in an afternoon earnings call to discuss Apple’s results for the three months …
Read More »Momentum Is Building for Mobile Wallets Overseas—And Also in the U.S., Report Says
Mobile wallets have struggled in the United States to win consumer adoption and usage, but worldwide the technology is growing smartly. And even in the U.S. market, it’s expected to pick up momentum. That’s according to a report issued Monday by U.K.-based Juniper Research. The firm estimates global payments volume …
Read More »Eye on Apple Pay: Analytics Firm IDs Leading Merchants
A San Francisco analytics company with access to transaction data on 3 million consumer credit and debit cards says usage of Apple Inc.’s Apple Pay mobile-payment service rose steadily in 2016. TXN Solutions Inc. also says that among brick-and-mortar merchants Apple Pay usage is highest at New York City-area pharmacy …
Read More »More Than 400 Million Visa EMV Cards Issued and other Digital Transactions News briefs
• Coffee giant Starbucks Corp. reported its Mobile Order and Pay feature, which allows customers to order and pay on their mobile phone and then pick up the order later without waiting, accounted for 7% of all transactions in U.S. company-operated stores in the fourth quarter, up from 3% a year earlier. …
Read More »Eye on Travel: Host Card Emulation for Ticketing, And a Mobile Wallet Guide for Airlines
Travel providers have new options for accommodating how consumers use their smart phones to pay for travel. Ticketing-software vendor Rambus Ecebs has introduced a set of products for mobile ticketing that rely on host card emulation to load smart cards into smart phones. Host card emulation enables download of payment credentials via …
Read More »Retailers Adapt to Growing Consumer Reliance on Mobile Apps, Sites, and Devices
Retailers wondering about the role of smart phones in their stores might take this figure into account: 36% of U.S. shoppers purchase via a mobile device frequently, and consider it a part of their regular purchasing behavior. That’s the finding from a recent DMI Inc. survey. DMI is a Bethesda, …
Read More »Wal-Mart’s New Android Version of Scan & Go May Signal Wider Appeal of Self-Checkout
Wal-Mart Stores Inc. has released an Android version of its Walmart Scan & Go self-checkout app that consumers use on their smart phones. This version joins the iOS app currently being tested at a single Wal-Mart store in Rogers, Ark., and could indicate consumers are increasingly embracing the self-checkout concept just …
Read More »How the Chase Pay-LevelUp Partnership Could Boost Order-Ahead Tech for Mobile Apps
When JPMorgan Chase & Co. decided to recruit order-ahead capability for its Chase Pay mobile wallet, it settled on a 6-year-old mobile payments startup whose technology could give Chase Pay a vital boost in a crucial merchant segment. Meanwhile, the alliance could also bring tens of millions of new customers …
Read More »USA Technologies Lets Users Tap Apple Pay Data To Enroll in Its Loyalty Program
Vending-payments specialist USA Technologies Inc. is integrating its MORE. loyalty platform into Apple Pay, the company announced Thursday. The deal is designed to induce more consumers to use Apple Pay at almost 300,000 vending machines that use USAT’s contactless payment technology and to encourage them to use the MORE. program. …
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