Digital Transactions Authoritative, insightful and timely information for payments professionals
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 …
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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 »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 …
Read More »A Venmo In-App Service And a First Data Deal Help Expand PayPal’s Merchant Reach
On Wednesday, PayPal Holdings Inc. made it clear it hasn’t given up on expanding its reach with merchants beyond processing e-commerce payments. The company announced a new in-app payments initiative for its popular Venmo peer-to-peer payments app, a move that follows a recent agreement with First Data Corp. that furthers …
Read More »Eye on In-Store Commerce: Adyen Comes to the POS; Diebold Eyes Mobile Checkout
E-commerce processor Adyen Inc. announced on Thursday 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. Also on Thursday, ATM maker …
Read More »Struggling With Mobile Services, Banks Risk Losing Customers to Non-Bank Rivals
Consumers using mobile-banking sites or apps make only sporadic use of their ability to pay bills, send money to other individuals, or load a prepaid card, finds new research from Javelin LLC, a Pleasanton, Calif.-based payments-research firm. In the “2015 Mobile Banking, Smartphone, and Tablet Forecast” released Tuesday, Javelin found …
Read More »As Mobile P2P Grows, It’s Winning Adoption With a Broad Range of Age Groups
The low cost and convenience of peer-to-peer payments may be ready to cannibalize a portion of the traditional wire-transfer market, according to a new report from Javelin Strategy & Research. The report also finds that mobile P2P is important to all consumers, not just Millennials, often considered the most likely …
Read More »Luxury Items Top Online Fraudster Wish Lists, But So Do Business Services
Just like law-abiding consumers, criminals hope to score good deals during the holiday shopping season. And luxury items and business services, such as hosting plans and search engine optimization, top their lists, finds an analysis by Forter, a San Francisco-based fraud-prevention specialist. In a report released on Monday, Forter analyzed …
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 »The Steady March of Mobile Online And P2P Payments
Two reports released the same day last month point up the accelerating rate at which consumers are turning to a mobile device rather than a PC to pay an online merchant or another person. The news comes as major tech players like Apple Inc., Google Inc., PayPal Holdings Inc., and …
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