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The Gimlet Eye The rapid emergence of mobile devices and mobile apps in retail settings has led some observers of the payments business to predict the near-term demise of the humble point-of-sale payments terminal. We demur, for reasons we lay out in our story “POS Terminals Have a Future, And …
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A Post-PayPal eBay Can Stock up on E-Payments
One implication of the breakup of PayPal Inc. and its parent company eBay Inc., announced by eBay at the end of September and planned for next year, is that eBay will likely be free to add a slew of alternative-payment methods for sellers to accept on its online marketplaces. For …
Read More »Doing mPOS Strategically
Payments 3.0 The 30% annual growth of mobile point of sale (mPOS) over the past three years (footnote 1) indicates that a new innovation is being rapidly adopted. The number of different companies providing mPOS devices, currently upwards of 200, is extraordinary even by the norms of the mobile phone-based …
Read More »POS Terminals Have a Future, And It’s Looking Good
Mobile POS services, integrated software, and migration to the EMV standard are all influencing sales of terminals. Cast aside any preconceptions about the imminent demise of the standalone point-of-sale terminal. That venerable device, which symbolizes payments in the minds of consumers—and recurring revenue for payments professionals—is not going away …
Read More »MCX Implies Its Ready To Accept General-Purpose Cards, but Questions Remain
By Jim Daly Attempting to do damage control in the wake of an email hack and unfavorable publicity about retailers who want to accept other mobile wallets, the chief executive of the retailer-sponsored Merchant Customer Exchange LLC (MCX) mobile-payments service said Wednesday that MCX is working with general-purpose credit card …
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 »COMMENTARY: How Passbook Positions Apple to Command—Not Just Align With—the Payments Industry
By Rick Oglesby, Double Diamond Payments Research With Apple Pay now confirmed to launch on Monday, we are closer to seeing the impact it will have on mobile-payments acceptance, technologies, and standards. In the meantime, much of the debate concerning Apple Inc.’s payments venture has missed a crucial point. While …
Read More »Boku Emboldens Mobile Carrier Billing Position With mopay Acquisition
San Francisco-based Boku Inc. has bought mopay Inc., bolstering its position among carrier billers, Boku announced Tuesday. Germany-based mopay, with a U.S. office in Palo Alto, Calif., says it processes more than 5 million monthly transactions and works with more than 400 mobile operators. Boku has built connections to …
Read More »How Smoothie King’s King-Size iPad Play Could Open the Gates for Tablet POS
In what appears to be the largest tablet-based point-of-sale deployment yet, the entire 700-store Smoothie King Franchises Inc. chain will convert to a system from San Francisco-based Revel Systems Inc. The Covington, La.-based chain, which sells blended drinks, snacks, and supplements, is replacing existing checkout registers with Apple iPads linked …
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