With the United States playing catch-up with Canada and much of Europe in deploying chip card technology, security firms are starting to respond to online operators’ fears that the arrival of chips at the point of sale will drive fraud to the Internet. One of the latest of these …
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The Age of Offers
Startups and established companies alike are betting that consumers obsessed with daily deals could jump-start mobile payments. But it may take a while for that bet to pay off. By Jane Adler Rewards redemption with a mobile device at the point of sale isn’t a …
Read More »Get Ready for Gateway 3.0
E-Commerce Peter Lucas Gateways have always had to reinvent themselves. Now, with e-commerce returning to double-digit growth and mobile payments poised for takeoff, they have to do it again—and this time with more competition than ever. Since their inception about a decade ago, gateways have marketed value-added services, such as …
Read More »PayPal, Google Use Mobile to Penetrate the Physical Point of Sale
Evidence mounted over the past week of the interest at least some major e-commerce processors have in using mobile platforms to penetrate the physical point of sale. First came word that Bling Nation Ltd., a Palo Alto, Calif.-based mobile-payments processor that depends on contactless stickers, is working on an integration …
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