Friday , April 19, 2024

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With NFC Finally Getting a Foothold, More Uses Could Mean More Payments, Experts Say

Finding more ways to incorporate near-field communication (NFC) technology into everyday objects could eventually mean more payments. At least that’s the future as envisioned by panelists at the NFC Solutions Summit this week in Phoenix. Sponsored by the Smart Card Alliance, the conference examined ways NFC technology, which enables wireless …

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Dropped Call

The mobile carriers once stood bestride the payments world as major players. Now, not so much. What happened, and can they stage a comeback? Not so long ago, the mobile network operators, or MNOs for short, cast a long shadow over the nascent business of mobile payments. While banks and …

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With a Choice, Will Samsung Smart-Phone Owners Choose Samsung Pay?

  Samsung Electronics America Inc.’s launch today of Samsung Pay, a mobile-payments service exclusive to its smart phones, could pose a quandary for consumers over whether they should choose Samsung Pay or Android Pay, Google Inc.’s mobile-payment service that wireless operators are loading onto the Android phones they sell. Samsung …

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Once a Power in M-Payments, Carriers Now Play a Lesser Role As New Wallets Emerge

By John Stewart With Google Inc.’s Sept. 10 launch of Android Pay, competition in the mobile-payments market heated up to an even higher temperature. But in all the talk about tech companies, handset makers, and banks ushering in services like Android Pay, Apple Pay, and Samsung Electronics Co. Ltd.’s Samsung …

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Is PayPal Really Worth $46.5 Billion?

With all the commotion over mobile payments, the same names keep cropping up in the payments press—Apple, Google, MCX, Samsung, to name a few alphabetically. And I suspect we’d still be talking about Softcard (or Isis, as it was known until last summer) if it hadn’t collapsed into the waiting …

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Android Pay Is Very Close to Launch, a Google Executive Declares

By John Stewart Ever since Google Inc. announced its Android Pay mobile-payments service a little more than three months ago, the online search giant has been mum about when the service will be launched. But a Google executive on Tuesday hinted in a public forum that the launch is likely …

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In This High-Stakes Poker Game, Verizon Holds More Cards Than Samsung

By John Stewart Why won’t Verizon Wireless make nice with Samsung Pay? With the U.S. debut of Samsung Electronics Co. Ltd.’s mobile-payments service just a few days away—and a national launch of Samsung Pay due Sept. 28—all the major mobile network operators have signed on to support the service with …

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Chastened ISO Execs Caution Colleagues on How To Avoid Regulators’ Ire

Two independent sales organization executives who ran afoul of government regulators cautioned their industry colleagues Thursday on how to stay out of trouble. The warnings came during a session at the MidWest Acquirers Association (MWAA) annual conference in Chicago titled “You, Me and the FTC: Personal Stories From Being in …

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New Life for In-Store Mobile Payments

Left for dead as recently as two years ago, the concept of mobile payments in physical stores is staging a remarkable resurrection. The signs are everywhere. In April, PayPal Inc. said it will adopt near-field communication (NFC) after years of mocking the technology, which enables wave-and-pay transactions with smart phones, …

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Mobile Wallet Wars, Part Two: The Rocky Road to Adoption

Getting mobile payments to click with merchants and consumers will require new models for digital marketing. And doing it right will take lots of money and time. (Editor’s Note: This is the second part of a two-part examination of the current landscape for mobile payments. Part One, which sized up …

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