What's New in Payments

Contactless retail payments to exceed $1 trillion in transaction value by 2019

Contactless retail payments to exceed $1 trillion in transaction value by 2019 — Juniper Research — “The global value of contactless transactions made via payment cards, mobile and wearables will reach $1.3 trillion by 2019, more than doubling from an estimated $590 billion in 2017 … contactless card levels will continue to dominate transaction values, accounting for 80% of total contactless transactions in 2019.”


What's New in Payments

RBTE 2017: Sainsbury’s throws down gauntlet to mobile payments industry

RBTE 2017: Sainsbury’s throws down gauntlet to mobile payments industry — Essential Retail — “The retailers’ perspective is that many people have joined the payments industry just because they want a piece of the data… Data on customer behaviour and what the customer is doing in the retail environment is the most prized possession any retailer has.”


What's New in Payments

Apple Pay sees double-digit growth, ties with PayPal

Apple Pay sees double-digit growth, ties with PayPal — Branding Brand — “New shopping data from Branding Brand shows in-app purchases with Apple Pay increased 17% from March 2017 to April 2017… When asked to rank their favorite in-app payment systems, PayPal and Apple Pay tied for first place. Overall, 70% of Apple Pay users want more retailers to offer the service.”


What's New in Payments

American Express brings the card member experience to the connected home with launch of the Amex skill for Amazon Alexa

American Express brings the card member experience to the connected home with launch of the Amex skill for Amazon Alexa — American Express — “By linking their online American Express account to the Amex skill, eligible card members with an Alexa-enabled device can check their account balance, review recent charges, make a payment and more through voice commands. The Amex skill for Alexa also connects with the Amex Offers ecosystem, enabling card members to browse certain available limited-time offers and add offers to their eligible cards.”