Digital Transactions Authoritative, insightful and timely information for payments professionals
Players from Apple to Bulgari to multiple startups are embedding payments into rings, watches, even clothing, and now Visa and MasterCard are building platforms to run the transactions. But getting the right fit might take a while. Consumers who own wearable technology feel a deep connection to their device. An …
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Banks Likely To Emulate Wells Fargo’s Pioneering Payment-Enabled Mobile Wallet
Wells Fargo Bank N.A.’s announcement Tuesday that it would launch a mobile wallet with payments capability built into the Android version of its banking app could be a win for the bank, and herald similar moves by other banks. That’s the assessment from Daniel Van Dyke, an analyst at Javelin …
Read More »ExxonMobil Brings Apple Pay to the Pump
Apple Pay pulled up to the fuel pump at ExxonMobil Corp. gas stations with the release last month of Speedpass+, an iOS app that enables consumers to use Apple Inc.’s mobile-payment service to pay within the app for fuel at the pump. The app is available for Android devices. It …
Read More »ExxonMobil’s Speedpass+ App Enables Apple Pay Transactions at the Pump
Apple Pay has pulled up to the fuel pump at ExxonMobil Corp. gas stations with the release Tuesday of Speedpass+, an iOS app that enables consumers to use Apple Inc.’s mobile-payment service to pay for gas within the app. The app also is available for Android devices. It also works …
Read More »Why Transit Is Boarding the Mobile-Payments Train
Public-transportation agencies increasingly are turning to mobile-ticketing apps to attract riders and lower fare expenses. Mass-transit riders once read newspapers as they commuted to work. But hop on any commuter train, subway, or bus nowadays and you’re more likely to see passengers using smart phones to read news reports, listen …
Read More »Why Transit Is Boarding the Mobile-Payments Train
Public-transportation agencies increasingly are turning to mobile-ticketing apps to attract riders and lower fare expenses. Mass-transit riders once read newspapers as they commuted to work. But hop on any commuter train, subway, or bus nowadays and youäó»re more likely to see passengers using smart phones to read news reports, listen …
Read More »NEWS ANALYSIS: Why Apple May Be Planning To Launch a P2P Payments Service
Is Apple Inc. laying the groundwork for an application that would let individuals pay each other electronically? Citing “people familiar with the matter,” The Wall Street Journal reported Thursday that the tech kingpin is doing just that, and has already started talking to a handful of major banks. If the …
Read More »With NFC Finally Getting a Foothold, More Uses Could Mean More Payments, Experts Say
Finding more ways to incorporate near-field communication (NFC) technology into everyday objects could eventually mean more payments. At least that’s the future as envisioned by panelists at the NFC Solutions Summit this week in Phoenix. Sponsored by the Smart Card Alliance, the conference examined ways NFC technology, which enables wireless …
Read More »One Tap, Many Questions
In-app payments appear to be the long-sought answer to dismal conversion rates on mobile devices. But are consumers as comfortable with this payment method as many may think? In-app payments, long used by mobile-gaming companies to enable consumers to buy digital goods, suddenly gained more notoriety following the 2014 …
Read More »Checkout Startup SelfPay Eyes Expansion With Outside Funding Injection
By Kevin Woodward With more $1 million (Canadian) in new funding, self-checkout app SelfPay looks to expand its reach within retail stores. Toronto-based Digital Retail Apps says the funding, which is approximately $764,402 in U.S. currency, also will be used to secure more patents. Dallas-based Texas Ventures led the funding, …
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