Saturday , September 21, 2024

Mobile Commerce

Through an Integration With Apple Pay, Urban Airship Combines Loyalty With Payment

By John Stewart @DTPaymentNews It has become an article of faith that mobile payments capability alone won’t excite consumers. The challenge lies in how to meld loyalty with payments in a single tap at checkout for multiple retail chains. On Friday, Urban Airship Inc. announced an integration of its Reach …

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Klarna Allies With Radial As It Builds U.S. Market Share in Online And Mobile Payments

Up against formidable competitors like PayPal Holdings Inc., Sweden’s Klarna is seeking every edge it can find for increased U.S. market share in online payments. That effort received a boost on Tuesday with the announcement by omnicommerce specialist Radial that it has integrated Klarna on it platform, which supports hundreds …

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Gulf Pay, Built on P97 Tech, Will Join Growing List of Gas Wallets Later This Year

Gulf Oil L.P. becomes the latest fuel retailer to offer its own mobile-payment app with the introduction Tuesday of Gulf Pay. The service, scheduled to be tested at some New England and New York locations in the first half of 2017, eventually will accept Mastercard Inc.’s Masterpass digital wallet. Further …

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Mobile Commerce Comprises 21% of All Online Commerce, comScore Says

By Kevin Woodward@DTPaymentNews How enthusiastic are consumers about shopping on their smart phones and tablets? Enough that mobile commerce grew to $22.7 billion in the fourth quarter of 2016, up 45% from $15.6 billion in the same period a year prior, says comScore Inc., a Reston, Va.-based data-measurement firm. That …

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Surging Attacks Driven by Spoofed IDs And Mobile Devices Darken the Security Picture

By John Stewart @DTPaymentNews Security jitters have hit the payments industry, and it’s no wonder. The arrival of new and sophisticated ways to spoof identities, coupled with the rapid rise of mobile usage for banking and payments, has created a minefield for security professionals charged with guarding accounts and the …

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Western Union Looks to the Digital Future After Posting a $355 Million Fourth-Quarter Loss

By Jim Daly@DTPaymentNews Westernunion.com, the online and mobile-payment service of The Western Union Co., is still small, but it’s the rising star of the world’s leading wire-transfer company, which posted a $355 million fourth-quarter loss in the wake of a recent $586 million settlement with the federal government over lax …

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How Many Consumers Used Amazon Payments in 2016? Thirty-Three Million, Amazon Says

By Kevin Woodward@DTPaymentNews One-third of the payments that consumers made using Pay with Amazon in 2016 were on a mobile device, e-commerce giant Amazon.com Inc. revealed Tuesday. Pay with Amazon enables consumers to use their Amazon wallets to pay for merchandise on other retailer’s Web sites. In a rare release …

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How Deals Like MoneyGram Lend Impetus to Alipay’s Plans for the U.S. And the World

By John Stewart @DTPaymentNews Ever since Ant Financial Financial Services Group let it be known in October that it is working with key payments players like VeriFone Systems Inc. and First Data Corp. to bring its Alipay mobile-payments service to North America, the industry has wondered about the Chinese company’s …

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A Higher Gear for Dashboard Commerce

It was only a matter of time before the 120-year-old automobile became a payments device. At the 2017 CES, a consumer electronics exhibition in Las Vegas, American Honda Motor Co. Inc. early last month demonstrated an in-vehicle payments system for parking and paying for fuel. Honda held the demonstration in …

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Apple Reports Record iPhone Sales And Hints at Strong Growth for Apple Pay Globally

Apple Inc. reported record quarterly sales Tuesday for its iPhone smart-phone models while chief executive Tim Cook briefly sketched a strong quarter and year for Apple Pay, the Cupertino, Calif.-based computer company’s mobile-payments service. Speaking to analysts in an afternoon earnings call to discuss Apple’s results for the three months …

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