In the world of venture capital, unicorns are so-called because of their lofty— and rarely seen—valuations. But such companies are growing more numerous in the tech field. Payments is no exception. In the world of venture capital and private equity, where quite a few payments startups operate, it’s astonishing how …
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The Beacon of Hope
We haven’t heard a whole lot lately about beacons, those small transmitters merchants were supposed to station in their stores to beam offers out to customers as they were passing by or browsing in the aisles. So we decided to run a story this month on the matter to see …
Read More »In-App Payments: A Juicy Channel for Apple Pay
The crucial role in-app payment plays in mobile-wallet usage emerged in high relief last month in a report showing that almost one-third of all Apple Pay credit card transactions made in the previous five months by surveyed consumers occurred within a merchant app rather than in a store. Over the …
Read More »Longer Checkouts for EMV Don’t Seem To Be Fazing Consumers in the Early Going
When the U.S. rollout of EMV cards started in earnest last year, many experts predicted consumers would soon tire of the time-consuming chip-reading routine, putting pressure on the payments industry to usher in contactless EMV and more mobile wallets. But that’s not happening, at least not all that much and …
Read More »How Mobile Marketing Can Help Boost Mobile-Wallet Adoption And Usage
Just as there are two sides to every coin, there’s a second side to the mobile wallet beyond payments. It’s marketing. That’s one of the takeaways from a recent survey from Vibes, a Chicago-based mobile-marketing specialist. Though the survey of more than 1,000 smart-phone owners found that only 32% of …
Read More »The Beacon of Hope
We havenäó»t heard a whole lot lately about beacons, those small transmitters merchants were supposed to station in their stores to beam offers out to customers as they were passing by or browsing in the aisles. So we decided to run a story this month on the matter to see …
Read More »In-App Payments: A Juicy Channel for Apple Pay
The crucial role in-app payment plays in mobile-wallet usage emerged in high relief last month in a report showing that almost one-third of all Apple Pay credit card transactions made in the previous five months by surveyed consumers occurred within a merchant app rather than in a store. Over the …
Read More »With an Improved Price Performance, Bitcoin Faces a Debate Over How to Grow
The Dow Jones Industrial Average has skidded about 8% since the end of 2015, putting a scare in investors and prompting talk of everything from a market correction to another recession. Unnoticed, however, is that the price of the digital currency Bitcoin has followed an almost identical path, dropping approximately …
Read More »Consumers Quickly Embracing Mobile Apps for Purchases and Banking, Verizon Study Finds
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 »The In-App Channel Is Vital For Apple Pay, But Activity Overall Remains Weak
The crucial role in-app payment plays in mobile-wallet usage emerged in high relief Monday in a report showing that almost one-third of all Apple Pay credit card transactions made in the last five months by surveyed consumers occurred within a merchant app rather than in a store. Over the same …
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