Ever since Apple Pay launched in the fall of 2014, observers have questioned why the mobile-payment service hasn’t caught on with consumers. One possibility is that the service’s contactless capability remains foreign to most consumers. That could change next month, when Apple Inc. is expected to widen the range of …
Read More »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 …
Read More »The Four Big ‘Pays’ Dominate Mobile Payments, But for How Long?
In four years, the Starbucks mobile-payment service, Apple Pay, Google Pay, and Samsung Pay, will continue to garner large shares of users, but not as much as they do today. That’s the forecast from research firm eMarketer Inc., released Tuesday. Of the four major mobile-payments services, Starbucks Corp.’s app will …
Read More »How Apple’s Goldman Gambit Could Help Lock in Banks Supporting Apple Pay
Apple Inc.’s move to create a new Apple Pay credit card with Goldman Sachs Group Inc. may or may not help boost usage of the mobile-payments service, but one thing it is likely to do is cement Apple’s ties with the thousands of banks that support the service, observers say. …
Read More »Wells Fargo’s Mobile App Moves Payments to Center Stage, Even Before the Log-in
Ever since banks, merchants, and tech companies first introduced mobile services, they’ve looked for ways to entice more usage by streamlining the way consumers interact with little screens. Now Wells Fargo & Co. has decided to put frequently used payments services on the home screen of its mobile app, before …
Read More »USA Technologies Nearly Doubles Its Connection Counts While Leveraging Its Cantaloupe Deal
Unattended payments continue to bear fruit for USA Technologies Inc. as the company said its connections increased 92.3% in its fiscal third quarter from a year ago. Malvern, Pa.-based USAT said its connections totaled 969,000 in the quarter ended March 31, up from 504,000. Its total number of customers, at …
Read More »The Same Old Problems Plague the ‘Pays’ As Adoption Levels Show ‘Signs of Slippage’
Ever since Apple Pay emerged in 2014, experts have scratched their heads over the general failure of contactless mobile wallets to catch on faster with U.S. consumers. Now comes research indicating how wallet sponsors might turn things around by focusing on what consumers are most looking for in wallet services …
Read More »Word-of-Mouth Recommendations Are Failing Mobile-Payments Services
Coveted word-of-mouth advertising is failing the mobile-payments services offered by technology giants. That’s the assessment from the Q1-2018 Mobile Pay Tracker report from Auriemma Consulting Group. Though 34% of consumers among the more than 1,500 surveyed use mobile payments—up five points from a year ago—not many are as willing to …
Read More »Contactless Payments Continue To Gain Share on London’s Transit System
Contactless point-of-sale debit and credit card transactions are barely a blip on the U.S. payments screen, but on London’s vast public-transportation system, payments from contactless cards or smart phones now account for half of all pay-as-you-go fares on subways and rail lines, system operator Transport for London reported Tuesday. Contactless …
Read More »Developers Work To Combine NFC With Blockchain for POS Transactions
So far, neither near-field communication nor blockchain has been a blockbuster technology for payments in the U.S. market, but now developers are working on combining the two in a way they hope will give cryptocurrencies a big boost at the point of sale. The idea is to create a standard …
Read More »
