The staid old world of Golf is an unlikely place to pioneer new tech, but ‘Golf’s original championship’, The Open, will be accepting mobile payments for the first time this summer.
For the first time ever, cash payments are now not the most popular way to pay – and that is good news for mobile payments.
The recent news that 2016 saw a higher volume of credit and debit card transactions than cash payments, as well as the rapid increase in the popularity of contactless payments, presents retailers with an opportunity to optimise the in-store environment to significantly reduce friction in the customer journey.
André Stoorvogel, Director, Product Marketing – Payments, Rambus, takes a look at how digital wallets are not only going to shake things up for payments, but for retail in general
Mobile payment and loyalty company Zapper continues its move into mobilising and queue busting in the convenience store sector with a partnership with the National Federation of Retail Newsagents(NFRN), which represents more than 15,000 independent retailers across the United Kingdom and the Republic of Ireland.
Analysis by digital growth company Urban Airship of more than one million Apple Wallet coupons and loyalty cards of major retail brands shows that for every mobile wallet pass a customer installs, it is shared and added to 3.3 other mobile devices on average—a 4.3X share rate.
Payment provider Worldpay has launched an extended-trial of a software-only card payment mPOS system that should turn any smartphone into a card terminal. My Business Mobile will allow businesses to download an app and accept face-to-face contactless card transactions on their smartphone without the need for any additional payments hardware. (more…)
With Barclay card rolling out Grab+Go, invisible payments are finally becoming a realty. Ralf Ohlhausen, Business Development Director at PPRO Group, takes a look at why we need them so badly “This is not good”, I thought. It was roughly half an hour after the restaurant ordered our taxi. The (more…)
Barclaycard has begun trialling a new payment concept that streamlines the way consumers buy low-value goods by allowing them to scan and pay for their shopping using their smartphone, without the need to visit a physical checkout.
Worldpay has unveiled a virtual reality concept that enables shoppers to make seamless, secure payments in a virtual environment.
Jennifer Bailey, head of Apple’s payments business, has announced that more than half of contactless payment terminals in the UK will now accept Apple Pay transactions of more than £30 – taking Apple Pay into the territory not serviced by contactless cards and boosting m-payments.
The European mobile payments market will almost triple over the next five years, vaulting from €52 billion at the end of 2015 to €148 billion by 2021.
With the recent announcement that PayPal will team up with Android Pay to bring its services to the m-payments world, and a survey highlighting mobile payment capabilities as the most in-demand technology for retailers, the industry is clearly in the midst of a boom.
The novelty of paying in-store with a mobile device seems to be waning, with fewer shoppers reaching for their iPhone to pay than this time last year.
Cashless payments and eWallets have boomed in the past two years, but they pose some interesting new challenges to retailers trying to protect themselves and their customers. Jose Diaz, director of payment strategy, Thales e-Security, explains
Nine out of 10 retailers surveyed are investing in mobile payments as they predict that at least 10% of their sales will be via mobile.
Global burger restaurant, Five Guys is rolling out mobile payments in its flagship restaurants in Paris and Madrid, offering customers the ability to order and pay then collect securely from mobile, tablet or laptop.
Technology – and Brexit – is bringing to an end to the age-old British etiquette of queuing, at least for retailers. Research by retail consultants at Zebras Technologies suggests that transactions at manned, stationary POS check-outs have fallen from 71% 52% today.
While online banking and cards are still the most popular forms of payment EU consumers have expressed a strong interest in new payment methods such as e-wallets, banking apps, QR code scanning and digital currency. There is also a huge shift towards contactless payments – often seen s the pre-stage to (more…)
The High Street is beleaguered, but not because shoppers don’t want to go there, just it doesn’t quite offer the experience they are used to online. So what can you do about it? Here Andrea Scerch, President, Payment Gateway Services, Mastercard suggests some ways retailers can reclaim the streets.