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 »Payment Options And Security Matter, But It’s Price And Shipping Costs That Kill Online Deals
Shipping costs and the total price are two primary inhibitors for consumers shopping online, found a survey from FuturePay Inc., which provides financing for online purchases. Indeed, 86% of the 1,500 consumers surveyed in the fourth quarter cited the cost of shipping as the top reason they opted not to …
Read More »Clearent Buying Payment Alliance International’s Merchant Services Division
Payments provider Clearent LLC is buying Payment Alliance International’s merchant-services division, which serves more than 17,000 merchants, for an undisclosed amount, Clearent announced Wednesday. The deal adds $4.2 billion in processing volume to Clearent, pushing the combined entity’s total processing volume to $14 billion and its total number of merchants …
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 »Terminal Makers Unleash a Variety of Product And Service Introductions As NRF Opens
Point-of-sale terminal maker Ingenico Group is among many payments companies making announcements Monday at the National Retail Federation’s annual Big Show in New York City. France-based Ingenico says its ePayments division and its research arm Ingenico Labs now offer payment-enabled messaging bots for e-commerce merchants. Bots are an artificial intelligence …
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 »It’s a Higher Gear for Dashboard Commerce As Honda And Visa Test In-Car Payments
The 120-year-old automobile is getting a payments makeover. Automaker American Honda Motor Co. Inc. last week demonstrated an in-vehicle payments system for parking and paying for fuel at the 2017 CES, a consumer electronics exhibition in Las Vegas. Honda held the demonstration in conjunction with Visa Inc., Gilbarco Veeder-Root, which …
Read More »Unique IDs, Easier Checkout, And Marketplaces Are the Top Payments Trends: Report
Efforts to create unique identification markers for consumers across different merchants will be a challenge for many merchants this year, SIX Payment Services, the payment-processing arm of SIX, operator of Switzerland’s financial-market infrastructure, notes in a report released Wednesday. “Some payment-service providers are working on the idea of introducing a …
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. …
Read More »Phishing Recedes in the Third Quarter, But Payment Services Attract 10% of Attacks
The Anti-Phishing Working Group reported that the total number of phishing Web sites detected in the third quarter was 364,424, a 21.8% decrease from 466,065 in the second quarter. The APWG said the second-quarter figures were an “all-time-high” for phishing attacks and the third-quarter data is a return to more historical norms. …
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