Look for more ATM placements, capital spending, and possible acquisitions by leading retail ATM network owner and operator Cardtronics Inc. in 2016. The growth plan mostly conforms to the long-term strategy the company has been following in recent years, according to comments by top Cardtronics executives late Thursday. Houston-based Cardtronics …
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Apple Pay Survey Shows Flat-Lining Adoption and Usage, but Most Users Like It
A new study of smart-phone users shows awareness and usage of Apple Pay is slightly down from last spring, providing yet more evidence that the much-touted mobile-payments service from Apple Inc. hasn’t set the world on fire. On the plus side, the December survey of 1,279 consumers for First Annapolis …
Read More »Adyen Goes to the (Physical) Store
E-commerce processor Adyen Inc. announced last month it is now offering payments capability for physical stores in the United States, a move that follows the company’s success in providing a payments gateway for a number of prominent digital clients, including Facebook, Uber, Airbnb, and Netflix. Adyen, a Netherlands-based company with …
Read More »Why Beacons Beckon
For years merchants have sought ways to market to customers on a personal level and drive in-store sales in real time. Is beacon technology the answer? There’s been a lot buzz lately around the use of mobile beacons in merchant locations to drive sales, and with good reason. With smart …
Read More »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 »The Specter of Regulation Haunts the Prepaid Market
Open-loop financial-services prepaid cards will be one of the fastest-growing segments for prepaid over the next two years, predicts the “12th Annual U.S. Prepaid Cards Market Forecasts, 2015-2018,” recently released by Mercator Advisory Group Inc. The report, which gauges the growth potential of both open-loop and closed-loop prepaid cards, also …
Read More »Its Portfolio Sold, Chase Exits the ISO Business
Portfolios of independent sales organizations are bought and sold with fair regularity, but a deal that closed as 2016 dawned begged notice because of who the seller was. Merchant processor First American Payment Systems L.P. bought the ISO portfolio of Chase Commerce Solutions, the merchant-acquiring and payment-processing unit of banking …
Read More »A Good Start for Klarna
Sweden’s online-payments firm Klarna started operations in the United States only five months ago, but already it is making itself felt in the highly competitive business of serving U.S. e-commerce merchants. By early January, nearly 20 retailers had signed up for the company’s streamlined checkout service, including big sellers Overstock.com …
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 »Why Beacons Beckon
For years merchants have sought ways to market to customers on a personal level and drive in-store sales in real time. Is beacon technology the answer? Thereäó»s been a lot buzz lately around the use of mobile beacons in merchant locations to drive sales, and with good reason. With smart …
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