Sequent Software Inc. on Tuesday launched a solution that will let card issuers take advantage of so-called host card emulation, a protocol that allows issuers to provision digital cards for mobile payments while bypassing the phone-based secure element. With the new solution, issuers will also be able to embed their …
Read More »PayPal Enjoys Another Strong Quarter, Though eBay Boss Says Little About Offline Growth
EBay Inc.’s first-quarter conference call Tuesday was as remarkable for what chief executive John Donahoe did not say as for what he did say. Asked by a stock analyst for an update on PayPal Inc.’s move into physical stores, Donahoe added little to what eBay and its PayPal unit have …
Read More »Chirrpy’s Mobile Ticketing Service Eyes ISO Sales Channel To Reach New Merchants
Independent sales organizations and acquirers considering mobile ticketing as a value-add service to sell to merchants have a new option. n The service works like this. Merchants use a Web portal to set up their events, including details about the name, Web site, times, available tickets, and pricing. Chirrpy also …
Read More »PayPal Recruiting More Resellers Among ISOs, Acquirers, ISVs, VARs for M-Commerce Push
PayPal, the payments arm of online marketplace eBay Inc., has put out a call for more resellers, including independent sales organizations, acquirers, independent software vendors, and value-added resellers. PayPal, which has set up a dedicated Web page soliciting partners, says its ideal partners include “folks that share a similar …
Read More »It’s ‘Fits and Starts’ in Mobile-Payments Evolution, Finds An IDC Survey
An industry as intrinsic to commerce as electronic payments is unlikely to make wholesale moves to new technologies like mobile payments. That applies to consumers, too, who appear to be moderating their use of mobile payments. Data from the IDC Financial Insights 2014 Consumer Payments Survey reveal that consumer …
Read More »With Support from Visa And MasterCard, Host Card Emulation Lends New Momentum to NFC
A less costly, software-based way to handle mobile transactions using near-field communication (NFC) technology is expected to begin fueling NFC payments later this year following the release of specifications from both MasterCard Inc. and Visa Inc. n Support from the two major international card networks comes as demand for HCE-based …
Read More »End of Life for Microsoft XP Presents Opportunity for Tablet POS Vendors
With Microsoft Corp. no longer supporting its Windows XP operating system, companies marketing tablet-based point-of-sale gear and software are hoping to garner more business from small and mid-sized businesses looking to replace POS systems that use the outmoded OS. As expected, computing giant Microsoft ceased support for the 12-year-old XP …
Read More »Mobile Commerce Efforts Vie for Acquirer Attention
Selling merchants solely on the price and availability of a diverse set of payment processing methods won’t be enough in the next year or so as merchants increasingly turn to those who can help them grow their businesses. That’s the message proponents of mobile marketing and advertising services are …
Read More »With Abandonment Soaring, Equifax And Jumio Aim To Ease Mobile Commerce Pain
Consumer affinity for shopping on smart phones and tablets is unlikely to abate any time soon. And that poses a problem for retailers as they try to make the payment experience easier on mobile commerce sites and apps. It’s a problem that credit-reporting agency Equifax Inc. and payments-and-authentication-services provider …
Read More »Square Market Accepts Bitcoin As Good News/Bad News Pattern Continues for Currency
The up-and-down course Bitcoin has followed in recent months continued on Monday as Square Inc. announced it has started accepting the digital currency on Square Market, the online marketplace it unveiled last June. The news lent some legitimacy to Bitcoin just as the currency was reeling from an Internal Revenue …
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