Digital Transactions Authoritative, insightful and timely information for payments professionals
The Gimlet Eye The rapid emergence of mobile devices and mobile apps in retail settings has led some observers of the payments business to predict the near-term demise of the humble point-of-sale payments terminal. We demur, for reasons we lay out in our story “POS Terminals Have a Future, And …
Read More »Search Results for: emv
How About Apple eCash Pay?
Security Notes If Apple Inc. attached a rolled-up dog leash to its iPhone 6, a majority of dog owners would abandon their old leash and phone-walk their dog—just because it is Apple. So no matter what pundits write about the new Apple Pay mobile-payments service, it will fly high. Conceptually …
Read More »POS Terminals Have a Future, And It’s Looking Good
Mobile POS services, integrated software, and migration to the EMV standard are all influencing sales of terminals. Cast aside any preconceptions about the imminent demise of the standalone point-of-sale terminal. That venerable device, which symbolizes payments in the minds of consumers—and recurring revenue for payments professionals—is not going away …
Read More »The 10 Most Pressing Issues in E-Payments: 2014
With non-stop data breaches and the coming of EMV chip cards, virtual currency, and mobile wallets, payments seemed to be all over the news in 2014. Here’s our annual review of the top issues in electronic payments. They all defy a soundbite solution. Heading toward its close, 2014 seemed to …
Read More »Should They Stay Or Should They Go?
Non-bank acquirers are increasingly looking to foreign markets for growth and profits. Some are thriving, but others would be better advised to stay home. The North American acquiring market may have been more challenging at one time or another than it is these days, but if so few independent sales …
Read More »Why It’s Different With Apple Pay
Acceptance of mobile wallets by consumers will rely on superior data security, shifting demographics and purchasing patterns among shoppers, the looming EMV deadline, and Apple’s ability to add more value-added services, says Steve Cadden. It’s now been several weeks since Apple Inc. announced Apple Pay, and those of us in …
Read More »Led by Former Google Wallet Honcho Bedier, Poynt Offers ‘Attractive’ Terminal But Faces Big Challenges
Count Poynt Co. as the newest member of the point-of-sale terminal maker industry. The Palo Alto, Calif.-based company hopes to entice merchants, developers, and resellers to its product. Osama Bedier, Poynt chief executive, formerly led Google Inc.’s Google Wallet and before that worked at PayPal Inc. The L-shaped device rests on …
Read More »With Its McDonald’s Deal, Softcard Gains More Access to Everyday Spend for its NFC Wallet
While Apple Inc.’s Apple Pay mobile wallet has been grabbing the headlines, the telco-controlled Softcard mobile-payments service this week lined up another major fast-food chain. Consumers now can use their Softcard mobile wallets to pay for purchases at U.S. McDonald’s locations. Formerly known as Isis, Softcard is a smart …
Read More »Evo Payments Bundles Loyalty, Promotions, and Rewards Into Its New Mobile POS Product
Merchants using the newly released Evo Snap Mobile smart-phone and tablet-based point-of-sale service from Evo Payments International can create and manage loyalty, rewards, and promotion programs in addition to accepting payments. Melville, N.Y.-based Evo says the Snap Mobile service, available globally, works with iOS and Android devices. In addition …
Read More »Apple Embeds NFC in Its New iPad Air 2, Stirring Speculation About Its Mobile POS Plans
When Apple Inc. officially launched its Apple Pay mobile-payments service on Monday, all eyes were on the new iPhone 6 and 6 Plus, the smart phones that carry the near-field communication (NFC) technology that makes Apple Pay work in stores. But now it turns out Apple has also embedded an …
Read More »