Standard Cognition Corp., a San Francisco-based provider of autonomous checkout systems based on artificial intelligence, expects to have the first of Alimentation Couche-Tard’s Circle K convenience stores retrofitted and up and running in early 2021, with potentially dozens more to follow. The first store to adopt the technology will be in …
Read More »Eye on Contactless: Touchless Comes to Wynn Resorts And Klarna Adds a Google Pay Option
More contactless payment options are coming for Las Vegas visitors and shoppers who want to make installment purchases in stores. FreedomPay says it has installed contactless and touchless payment systems at more than 100 venues at the Wynn Las Vegas and Encore Boston Harbor resorts. Meanwhile, installment-payment provider Klarna AB …
Read More »COMMENTARY: Have We Reached a Tipping Point for Digital And Mobile Wallets?
North American shoppers are notorious for their devotion to plastic. Credit cards remain the leading consumer payment method across the Continent today. However, mobile-payment methods are slowly revolutionizing the way they pay. In a recent consumer-behavior survey by Worldpay from FIS, 56% of respondents admitted they believed smart phones will …
Read More »E-Commerce And Other Payment Trends Were Catching Fire Even Before Covid, a Debit Study Shows
Key payment trends now being driven by the Covid-19 pandemic were already gaining a full head of steam much earlier, according to debit card transaction data released early Monday by the Houston-based Pulse electronic funds transfer network. Stay-at-home policies and business closings starting in March drove consumers to spend online and …
Read More »Kroger To Test Contactless Payment Acceptance and other Digital Transactions News briefs from 8/7/20
The Kroger Co. is testing contactless payments at some of its QFC (Quality Food Center) locations. The test includes acceptance of Apple Pay, Google Pay, Samsung Pay, Fitbit Pay, mobile banking apps, and contactless NFC cards. Kroger already accepts its Kroger Pay app. The QFC division is based in Seattle.ATM operator Cardtronics …
Read More »Apple’s Mobeewave Deal Could Turn iPhones Into No-Dongle POS Devices—Just Not Right Away
Apple Inc. has reportedly acquired technology that enables smart phones equipped with near-field communication to act as point-of-sale devices with no other hardware. In the deal, news of which broke as the weekend began, the Cupertino, Calif.-based iPhone maker has bought Mobeewave Inc., a 9-year-old technology firm based in Montreal. …
Read More »PayPal Plots a POS Course With QR Codes As It Comes Off the ‘Strongest’ Quarter in Its History
PayPal Holdings Inc. has made big plays for the physical point of sale before, but on Wednesday the San Jose, Calif.-based company unveiled what could be its biggest strategy yet to capture transactions at the cash register. Top executives said an arrangement under way with CVS Pharmacy to run PayPal …
Read More »Its PayPal Deal Having Expired, eBay Acts on Its Global Ambitions for Managed Payments
Free of the restraints of a legal agreement with PayPal Holdings Inc., eBay Inc. said early Monday it will now start on a global expansion of its 2-year-old managed-payments program. The program has already delivered $4.7 billion in total payment volume in the United States and Germany, the company said, …
Read More »Eye on Mass Transit: Uber Buys Routematch; Visa Contactless Rebounds; Philly Gets Mobile Wallets
With its core ride-hailing business ravaged by the Covid-19 pandemic, Uber Technologies Inc. has been looking to move further into adjacent transportation markets, including mass-transit ticketing and payments. This week, the company said it had bought Routematch Software, a 20-year-old, Atlanta-based developer of systems that manage trip booking and ticketing, …
Read More »COMMENTARY: Covid-19 Changed Demand for Cashless Payments. Are Small Businesses Ready?
The month of June gave Google Pay an extended moment. Early in the month, the tech press started circulating rumors that Google planned to add merchant buttons inside the app. This feature would allow both digital and brick-and-mortar businesses to accept customer payments within Google Pay. But users in India …
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