In payments-industry circles, the Federal Reserve System’s triennial Payments Study is one of the most eagerly awaited documents to come out of Washington. The sweeping study tracks the use of credit, debit, and prepaid cards, checks, and other non-cash payment methods. For its next survey, due out in about a …
Read More »Search Results for: mobile payments
The U.K.’s Yoyo Wallet Hopes Soon To Be Walking a Big Dog in U.S. Mobile Payments
By John Stewart While many observers might argue the U.S. payments market has plenty of mobile-wallet entries for the time being, a U.K. startup called Yoyo Wallet figures there’s room for one more. London-based Yoyo, which launched with university cafeterias nearly two years ago and has expanded to catering operations …
Read More »Mobile Payments Poised for 62% Growth in 2016, Says eMarketer
2016 could be an auspicious year for mobile payments growth. That’s if a forecast from eMarketer Inc. proves correct. The New York-based research firm predicts that the number of consumers making mobile payments at the point of sale with smart phones will hit 37.5 million in 2016, a 61.6% increase …
Read More »Groceries, Drug Stores, C-Stores Yawn at Mobile Payments, Focus on E-Commerce
By John Stewart What kind of technology are grocery stores, drug stores, and convenience stores most interested in? Not mobile payments, at least not right now. That’s the conclusion of the Los Angeles-based Center for Advancing Retail & Technology LLC, which operates an online marketplace of retail solutions for merchants …
Read More »Holiday Mobile Payments Predicted To Grow 47%, With All E-Commerce Up 14%
Powered by growth in mobile payments, so-called digital commerce for 2015’s holiday season will grow 14.3% to $70.1 billion from last season’s $61.3 billion, Internet metrics firm comScore Inc. predicted Wednesday. Reston, Va.-based comScore defines digital commerce to include desktop e-commerce and mobile commerce. The firm predicts desktop e-commerce for …
Read More »Holiday Spending May Feature More Debit And Cash. Mobile Payments? Not So Much
By John Stewart The annual holiday-spending frenzy is about to kick off, and if a consumer survey released on Monday is any indication, it will feature a lot more debit card and cash usage and a lot less mobile payment than you might have expected. Some 39% of consumers intend …
Read More »Mobile Payments Poised for Big Growth, but Apple Pay Not Busting the Charts Yet
The latest forecast for mobile payments at the point of sale echoes what many other studies have said, which is that current volume is minuscule. But a convergence of forces, including mobile wallets coming preloaded with more and more smart phones and more point-of-sale terminals being able to accept new …
Read More »Ziosk Brings EMV And Mobile Payments to Sit-Down Eateries With Its Tabletop Tablet
By John Stewart Mobile payments have invaded many areas of consumer commerce, and now they’re about to show up in sit-down restaurants. Dallas-based Ziosk LLC said late last week it will add capability for Apple Pay and Android Pay acceptance to its custom-built Ziosk tabletop tablet starting early next year. …
Read More »Country Music Singer Hopes To Shed the Blues Through Mobile Payments
An unlikely panelist showed up Wednesday at the Fall 2015 Mobile Payments Conference in Chicago: country music singer and songwriter Rick Monroe, who urged his listeners to get down and get to work on apps that can help musicians sell songs and merchandise. “Mobile has become a way for artists …
Read More »Mobile Payments, the Second Act
Observers of the payments scene could be forgiven if they thought Apple Pay was the sum and substance of mobile wallets. Apple Inc.’s canny recruitment of major issuers and its deft marketing to consumers could lead anyone to believe that. But all the while, some big-time rivals have been lurking …
Read More »