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News about ecommerce.

Drop offers beacon-based payments

November 21st, 2014

Payments startup Drop has launched a mobile payments and loyalty solution that uses Bluetooth beacons to let shoppers order and pay from up to 200 feet away before picking up their purchase and leaving without having to wait in line at the point of sale. “Drop is suitable for use in any purchasing environment; food trucks, beer festivals, stadiums, restaurants and bars, all of whom would use the Drop iPad POS, right through to a solution that integrates with the existing POS and ecommerce platforms,” the company says.

65% of Canadians plan to make mobile payments

November 20th, 2014

Almost seven in ten Canadian smartphone owners (68%) are aware of NFC or QR codes and 65% are likely to make NFC or QR payments over the next six months, research by Visa Canada has revealed. “Canada is a world leader in mobile NFC and QR payments,” says Visa’s Derek Colfer. “It is very encouraging to see solid awareness of NFC payments as well as that upwards of 26% of Canadians are beginning to use their mobile device for online ecommerce payments.”

CUP moves to block Alipay

November 17th, 2014

China UnionPay (CUP), the country’s official card payments network, has issued notifications to its member banks to tell them “to avoid working with third-party payment services like Alipay”, Want China Times reports. Alipay now has a 50% market share in China, the report adds, while CUP has an 11.9% share. Apple, which today added CUP cards as a payment option to its App Store, has been reported to be in talks with China UnionPay and also with Alipay about partnering to bring Apple Pay to China.

EcoCash takes mobile money to the point of sale

November 17th, 2014

EcoCash, Africa’s second largest mobile money provider with 3.7m users, is to offer customers in Zimbawe a MasterCard debit card linked to their EcoCash wallet. This will enable them to use the funds in their… More

Target includes Apple Pay in mobile app

November 4th, 2014

MCX member Target has integrated Apple Pay into its mobile app but is not accepting payments via Apple Pay in its stores, the retailer has told NFC World+. “We are accepting Apple Pay for online purchases made in the Target app,” the merchant explained. “Our point-of-sale terminals are not NFC-enabled.” A group of the company’s headquarters employees have been testing the MCX CurrentC mobile payment app in a number of stores since October, Target added.

Starbucks claims a 90% share of the US mobile payments market

November 3rd, 2014

Starbucks accounted for more than 90% of all mobile transactions in the US last year, the coffee chain’s CEO Howard Schultz has revealed during a fourth quarter earnings call in which he also set out plans to continue to dominate the mobile payments space. More

23% of Canadians have made a mobile payment

October 21st, 2014

Almost a quarter of Canadians (23%) have now made a mobile payment in-store with nearly a third (29%) having used their device to make an online purchase, new research from PayPal Canada has found. Nearly half (45%) of the respondents also agreed that Canadians are ready to embrace emerging methods of payments such as conducting a mobile payment via a wearable device.

Twitter preps for Buy button launch

October 20th, 2014

Twitter is planning to launch its new Buy button in the first quarter of 2015, VentureBeat reports, to let users make a purchase directly from a Tweet. The company began testing the service in September.

Alipay expands to USA

October 15th, 2014

Chinese online payments giant Alipay is offering US merchants the ability to accept payments from Chinese shoppers via a new service called ePass. The service lets retailers add Alipay as a checkout option and includes access to a “fast, reasonably priced” door-to-door shipping service. “Alipay ePass makes it simple for Western brands and retailers to profitably access the world’s largest ecommerce market,” the company says.

Mobile network operators partner with Boku to bring carrier billing to the physical world

October 3rd, 2014

Carrier billing provider Boku has partnered with UK mobile network operators O2, EE and Vodafone to make it possible for customers to charge public transport tickets, takeaway food, cups of coffee and other “click and… More

iPad to get Apple Pay support?

September 30th, 2014

A text string in the beta release of iOS 8.1 spotted by a MacRumours reader appears to confirm reports that Apple will add a Touch ID fingerprint sensor to its next iPad, which may ship as soon as next month, and make it possible for owners to use Apple Pay to make online purchases. “Pay with iPad using Touch ID,” the hidden text says. “With Apple Pay, you no longer need to type card numbers and shipping information.”

Amazon adds Wishlist tweets

September 26th, 2014

Amazon customers can now add items to their wish list directly from Twitter. “Customers who discover a Tweet from their favorite artist, expert, brand, or friend with an Amazon.com product link can simply add ‘#AmazonWishList’ to the reply on Twitter and the product is added to their Amazon Wish List”, the ecommerce giant explains.

Video demos show how Apple Pay users will make a payment with the iPhone 6

September 11th, 2014

Videos of Apple staff demonstrating how Apple Pay will be used to make payments in stores and for in-app purchases have now been made available, providing further details of how the new mobile payments service… More

Transcript: Apple CEO Tim Cook and SVP Eddy Cue introduce Apple Pay mobile payments and NFC

September 9th, 2014

“It’s all about the wallet,” Apple CEO Tim Cook explained during the unveiling of Apple Pay mobile payments and the iPhone 6, iPhone 6 Plus and Apple Watch with NFC on 9 September. “Our vision… More

Twitter adds Buy button

September 8th, 2014

“Today we are beginning to test a new way for you to discover and buy products on Twitter,” group product manager Tarun Jain has announced in a blog post. “For a small percentage of US users (that will grow over time), some Tweets from our test partners will feature a ‘Buy’ button, letting you buy directly from the Tweet.”

Alipay partners with Huawei to add biometric security to mobile payments

September 1st, 2014

Chinese online payments giant Alipay is working with Huawei to enable users of the phone maker’s new Ascend Mate 7 handset to secure their mobile payments using a fingerprint sensor built into the phone. The… More

Visa adds Checkout partners

September 1st, 2014

Visa has signed agreements with a wide range of new partners that will make its new Visa Checkout service available to more than 4m online merchants across the US. The new partners include “Bank of America Merchant Services, First Data, Tsys, Vantiv, and Wells Fargo Merchant Services, along with ecommerce platform providers including CyberSource, MarketLive, and 3DCart,” Visa says. “Branding Brand, Moovweb, and Skava are already live and integrating merchants today.”

PayPal introduces one touch mobile payments

August 21st, 2014

PayPal has launched One Touch, a mobile payments solution that lets consumers make payments in supported apps with a single touch. The service, PayPal says, is the “absolute fastest way to pay on any mobile… More

US merchant groups call for creation of open tokenization standards

August 1st, 2014

Leading merchant groups in the US have come together to call for the creation of an alternative set of open standards for tokenized payments that would be managed by an independent body such as ISO or ANSI — rather than by the payments industry. More

Facebook closes gifts business

August 1st, 2014

Facebook is to close down its gifts service on August 12, Techcrunch reports. “Most of the team has already been reassigned to other commerce initiatives. Those include the Buy button for making ecommerce purchases within Facebook, Auto-Fill for auto-populating your billing info in other shopping apps, and Custom Audiences that let brick-and-mortar merchants retarget Facebook ads to existing customers.”

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