Payments

  • No categories


55pc of well-to-do use mobile phones for payments: study

October 30, 2014

Forty percent of North American consumers use smartphones to pay for purchases at a merchant location, up from 16 percent two years ago, as millennials and high-income consumers grow increasingly comfortable with mobile payments, according to an Accenture survey.

Share on FacebookShare on LinkedInShare on Twitter

McDonald’s doubles down on NFC with both Softcard and Apple Pay

October 29, 2014

McDonald’s is extending nationwide its partnership with mobile payments platform Softcard in an effort to push sales and offer more convenience to consumers.

Share on FacebookShare on LinkedInShare on Twitter

How not accepting Apple Pay could backfire for retailers

October 28, 2014

With mobile payments already struggling to catch on, the recent face-off between Apple Pay and CurrentC, a payments and loyalty platform developed by a consortium of retailers, could further stall adoption and end up costing merchants customers.

Share on FacebookShare on LinkedInShare on Twitter

MasterCard’s NFC-business finder app points to mobile-pay adoption challenges

October 27, 2014

A MasterCard mobile application that helps consumers find merchants that accept contactless payments highlights the scarcity of near field communications-enabled businesses in the United States and raises questions about the technology’s prospects for gaining mass-market acceptance.

Share on FacebookShare on LinkedInShare on Twitter

Apple Pay aims for the fence with World Series initiatives

October 24, 2014

A multitude of events surrounding mobile payments will be seen during this year’s World Series, including MasterCard and Major League Baseball’s support for Apple Pay.

Share on FacebookShare on LinkedInShare on Twitter

Billions in holiday mcommerce sales at risk due to cart abandonment: report

October 22, 2014

Merchants and brands could lose out on up to $8.6 billion in mcommerce sales this holiday season due to checkout cart abandonment, according to a new report from Jumio.

Share on FacebookShare on LinkedInShare on Twitter

Apple Pay merchant list missing everyday businesses needed to drive use

October 20, 2014

While Apple Pay is already being accepted by a number of big-name merchants, the list lacks the kind of everyday businesses, such as gas stations, grocery stores and public transit systems, that will drive mobile payments use.

Share on FacebookShare on LinkedInShare on Twitter

McDonald’s enhances customer payments via app-based AmEx rewards

October 15, 2014

McDonald’s moved farther into mobile payments by partnering with American Express to let card holders in the drive-thru lane use reward points from their mobile application to pay for food purchases.

Share on FacebookShare on LinkedInShare on Twitter

OpenTable leverages mobile payments to serve up quicker dining

October 15, 2014

Online and mobile reservation service OpenTable has announced the availability of mobile payments, currently accessible in the New York, San Francisco and Washington metropolitan areas.

Share on FacebookShare on LinkedInShare on Twitter

Javelin exec: PayPal spin-off to open door wider for Apple Pay, NFC

October 9, 2014

LITCHFIELD PARK, AZ – A Javelin executive at the Mobile Shopping Summit 2014 said PayPal’s split with eBay would provide an opportunity for Apple Pay and NFC to drive adoption.

Share on FacebookShare on LinkedInShare on Twitter