Sunday 29 November 2015 | RSS



    News about Retail.

    US Bank to donate $50,000 to charity through Apple Pay

    November 27th, 2015

    US Bank is to raise up to US$50,000 for the US Marine Corps’ Toys for Tots charity programme by donating $1 whenever one of its customers in Minnesota completes an Apple Pay transaction. “This holiday season, we’re encouraging customers to try using Apple Pay and at the same time support the Toys for Tots campaign,” says SVP Cliff Cook. “Joining us in promoting this additional donation opportunity with Apple Pay are more than 140 small businesses in the Twin Cities.”

    Beacons to drive $7.5bn in holiday season spending

    November 27th, 2015

    Bluetooth low energy (BLE) beacons and proximity marketing solutions will drive US$7.5bn in spending by millennials in the US this holiday season, research from beacon network inMarket predicts. “In 2015, the top five product categories to benefit from in-store proximity engagements were deli items, over the counter medication, wine and spirits, non-alcoholic beverages and snacks,” the company adds.

    Orange France reveals mobile retailing lessons

    November 27th, 2015

    A case study that presents the objectives, key success factors and lessons learned by mobile network operator Orange France when implementing mobile retail solutions for merchants is now available to download from the NFC World+ Knowledge Centre. ‘Orange France: Delivering digital commerce in retail to enhance the customer journey’ has been produced by the GSMA and aims to provide retailers with support for putting in place their own mobile strategy.

    Retail giant Otto to shutter Yapital mobile payments business

    November 27th, 2015

    German retail giant Otto Group is to close down its Yapital mobile payments service due to the “highly competitive but slow-developing digital payment business”. Yapital is to remain active as an e-money institution in the business-to-business (B2B) market,… More

    14% of US shoppers will use mobile payments over holiday season

    November 27th, 2015

    More than one in ten US shoppers with a smartphone (14%) plan to make mobile payments using services including Apple Pay or Android Pay this holiday season, research from Bankrate reveals. “Among those who don’t plan to make mobile payments, the top reasons were not secure enough (36%) and other payment methods are more convenient (31%),” the company says.

    Diners Club launches mobile payments in Ecuador

    November 26th, 2015

    Credit card issuer Diners Club of Ecuador has launched PayClub, a service that lets consumers make mobile payments with any Diners or Visa Interdin branded card. To use the service, consumers select “manage card” on their mobile device and press the “generate code” option on the card they wish to use, Diners Club says. They are then “presented with a screen with a code for single use shopping, which you must deliver at the time of purchase”.

    Swipp contactless payment opens up to 30,000 Danish merchants through Verifone deal

    November 24th, 2015

    More than 30,000 Danish merchants using Verifone POS devices will now be able to accept in-store mobile payments through Swipp — a service owned and supported by a consortium of more than 70 banks. This will be made possible via a “minor upgrade” to their existing terminals and “a number” of locations are expected to go live from December 2015, according to Swipp. More

    United Overseas Bank offers HCE mobile payments in Singapore

    November 24th, 2015

    Customers of United Overseas Bank (UOB) in Singapore can now make host card emulation (HCE) based mobile payments for transactions of any value at all Visa PayWave or MasterPass terminals. The new service also makes use of tokenization. More

    Square rolls out first contactless readers

    November 23rd, 2015

    Mobile POS provider Square is rolling out the first of its $49 contactless readers to 100 US businesses, allowing them to accept chip cards, contactless and NFC payments including Apple Pay. “The first group of businesses to use Square’s new reader include Honey Butter Fried Chicken in Chicago, Philz Coffee in San Francisco, Sump Coffee in St Louis, Cafe Grumpy in New York City and all 20+ merchants in the Urbanspace Vanderbilt food hall in New York,” the company says.

    28% of UK shoppers want beacons in-store

    November 23rd, 2015

    More than one in four UK shoppers (28%) would like retailers to know exactly who they are when they walk in using location-based technologies such as iBeacon, research by Harris Interactive for Salesforce UK reveals. “39% of high street shoppers would be willing to share data around their personal preferences with a retailer to receive a faster and more convenient service,” Salesforce UK says.

    Coin launches cashback incentive

    November 23rd, 2015

    US connected device maker Coin is piloting a rewards program that gives users of its EMV-ready electronic magnetic stripe card cashback benefits at retail locations across the Bay Area. “Coin Rewards places cash back directly into the pockets of consumers through gift cards,” Coin says. The company launched its NFC-ready Coin 2.0 in August 2015 and has recorded over 2.5m transactions across 200,000 shipped devices.

    Singtel adds NFC to Dash mobile payments service

    November 20th, 2015

    Singapore mobile network operator Singtel has added NFC to its Dash mobile payment platform, letting customers make in-store payments with a tap. The NFC feature is available at more than 200 NTUC FairPrice locations, including… More

    Four in ten US consumers plan to make an in-store mobile payment this holiday season

    November 20th, 2015

    A total of 39% of US consumers surveyed by Research Now for Inside Secure say they plan to use their smartphone to make an in-store purchase during this holiday season, up from 33% last year. 17% of those who did not make a mobile payment last year say they plan to use a service like Apple Pay, Android Pay or Samsung Pay this year. More

    Taubman malls to send out offers via WiFi

    November 19th, 2015

    Shoppers in four Taubman shopping centres in the US will soon receive offers on their mobile device via the guest WiFi network and mobile retail solution StepsAway. “Shoppers visiting any StepsAway participating malls simply sign onto the mall’s free WiFi network and then peruse deals via StepsAway’s SAMobile app by product category or store name,” the company says. Taubman began testing Bluetooth Low Energy (BLE) beacons in January 2015.

    Apple Pay goes live in Australia

    November 19th, 2015

    Apple Pay has begun rolling out across Australia, allowing American Express cardholders to make NFC mobile payments using iPhone 6, iPhone 6 Plus, iPhone 6S, iPhone 6S Plus and Apple Watch devices. More

    American Express unveils NFC, HCE and tokenization platform

    November 18th, 2015

    American Express has launched Amex Enabled Digital Solution, a platform incorporating support for multiple digital wallets, contactless payments based on NFC and host card emulation (HCE), tokenization and express checkout services. The platform is designed to help both banks and merchants, Amex’s Mike Matan told NFC World. More

    First National Bank adds coupons and vouchers to mobile app

    November 18th, 2015

    Customers of South Africa’s First National Bank (FNB) can now redeem mobile coupons and vouchers through the bank’s mobile banking app directly at the point of sale. Participating retailers include supermarket chains Checkers and Shoprite…. More

    India’s Oxigen Wallet to add virtual prepaid cards?

    November 18th, 2015

    Indian mobile wallet provider Oxigen Wallet is in talks with Visa, MasterCard and RuPay over launching virtual prepaid cards in the country, Economic Times reports. “Today, a wallet is accepted at a merchant’s platform only if the merchant has agreed to accept it,” chief executive Ankur Saxena said. “This (virtual prepaid card) allows us the freedom to have the wallet accepted anywhere a Visa, MasterCard and RuPay gets accepted. We don’t want our wallet to be limited to X number of merchants; we want it to be used everywhere.”

    UK consumers favour mobile PINs for large transactions

    November 18th, 2015

    Nearly nine in ten UK consumers (85%) would like to be notified on their mobile of high value transactions and authorise the payment with a PIN code, research from myPINpad shows. 90% of frequent online shoppers also say that they would use a PIN to authorise payment via their mobile. “69% of respondents feel secure shopping in-store thanks to chip & PIN,” the company says.

    Startup unveils Bitcoin mobile wallet with NFC

    November 17th, 2015

    Startup Plutus is inviting consumers to take part in the alpha release of a Bitcoin mobile wallet that allows POS transactions via NFC. “It is powered by a Decentralised Exchange Network (DEX), which traders can use to buy and sell Bitcoin in return for fiat at the checkout,” the company says. “Merchants do not need to directly accept any digital currencies and customers can convert their balance into fiat on-the-go.”

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