Digital Transactions Authoritative, insightful and timely information for payments professionals
While consumer acceptance of mobile wallets has been painfully slow for wallet developers such as Apple Inc., new survey results from the nation’s largest mobile carrier show consumers are quite willing to use mobile apps in some form to buy things. Some 23% of smart-phone owners last year used an …
Read More »First Data Unveils Clover Go, an EMV-Capable Card Reader for Smart Phones, Tablets
First Data Corp. on Friday said it is joining the market for card readers that plug into mobile phones. Its latest entry in its Clover line of point-of-sale technology is Clover Go, a credit and debit card reader that connects to smart phones and tablets via the mobile device’s headphone …
Read More »Eye on In-Store Commerce: Adyen Comes to the POS; Diebold Eyes Mobile Checkout
E-commerce processor Adyen Inc. announced on Thursday it is now offering payments capability for physical stores in the United States, a move that follows the company’s success in providing a payments gateway for a number of prominent digital clients, including Facebook, Uber, Airbnb, and Netflix. Also on Thursday, ATM maker …
Read More »Sweden’s Klarna Racks up Some Big Gains in the Early Going of Its U.S. Debut
Sweden’s online-payments firm Klarna started operations in the United States only four months ago, but already it is making itself felt in the highly competitive business of serving U.S. e-commerce merchants. Nearly 20 retailers have signed up for the company’s streamlined checkout service, including big sellers Overstock.com and Shoes.com. That’s …
Read More »Local Deals Go to School As Mega-Campus Arizona State University Opts for Apriva App
The more than 72,000 students and faculty members of Arizona State University have a new app to help them find deals from local merchants. Dubbed ASU Deals, the app, available for iOS and Android mobile devices, enables users to search for local deals and receive notifications from merchants. Developed by …
Read More »E-Commerce, Especially M-Commerce, Left a Big Mark on 2015’s Holiday Season
Two reports released Friday afternoon about consumer spending in the 2015 holiday season document continued strong growth in online commerce, although one report has e-commerce falling slightly short of earlier predictions. And mobile commerce is the new star of consumer payments. In its final report about the 2015 holidays, Internet …
Read More »Don’t Just Fill Your Fridge, Shop From a New Samsung Model With a MasterCard App
You thought your refrigerator was just for storing and cooling your food? Think again. MasterCard Inc. says it has introduced the first app that lets a consumer buy groceries from a refrigerator. The app is preloaded into Samsung’s new, high-tech Family Hub refrigerator that features a 21.5-inch touchscreen as well …
Read More »Facebook’s Uber Integration Relies on Braintree for Payments Within Messenger App
By Kevin Woodward Facebook Inc.’s newly launched integration of Uber, the car-hailing service, into its Messenger app relies on e-commerce-transaction processor Braintree to provide the payments connection. Facebook on Wednesday updated its Messenger communications app with a Transportation option that enables users to request a ride from a car service …
Read More »Mobile Payments Poised for 62% Growth in 2016, Says eMarketer
2016 could be an auspicious year for mobile payments growth. That’s if a forecast from eMarketer Inc. proves correct. The New York-based research firm predicts that the number of consumers making mobile payments at the point of sale with smart phones will hit 37.5 million in 2016, a 61.6% increase …
Read More »ComScore: Cyber Monday Spending Surpasses $3 Billion as M-Commerce Grows 53%
It looks like Cyber Monday came through for e-commerce payment processors, if the latest spending numbers from comScore Inc. hold true. ComScore reported Wednesday that spending from desktop computers and smart phones and tablets on Nov. 30 hit $3.12 billion, a 21% increase from $2.59 billion on 2014’s Cyber Monday. …
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