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    Retail

    News about Retail.

    Apple Pay awareness, adoption and usage drops in the US

    February 12th, 2016

    One fifth of iPhone 6 owners in the US (20%) have used Apple Pay at least once, research from First Annapolis Consulting reveals, down from 22% in spring last year. 15% say they use it regularly — more than once per month — down from 19% in the 2015 survey. More

    PayPal partners with Vodafone for NFC payments in Europe

    February 12th, 2016

    Vodafone Wallet users in Europe will soon be able to make NFC mobile payments at stores, restaurants and other retail locations using their PayPal accounts. The agreement between the online payments provider and Vodafone marks the… More

    Payleven raises $10m for mPOS growth

    February 11th, 2016

    European mobile point of sale specialist Payleven has closed a US$10m Series D funding round, bringing the total raised to date to $51m. “The newly secured investment provides Payleven with additional growth capital,” the company says. Payleven introduced a chip and PIN reader that supports NFC in 2014.

    Mobeam update brings loyalty to POS scanners

    February 11th, 2016

    Mobeam has updated its mobile coupon and offer app Beep’nGo to let customers use retail loyalty cards, gift cards and barcode coupons on their smartphone at checkout scanners for the first time. “Mobeam currently operates with more than 330m Samsung Android phones and the company is in talks with other manufacturers to expand the technology,” Mobeam says of its infrared light based barcode system. The app currently has more than 10m installs.

    Kiwis warm to mobile payments and biometrics

    February 10th, 2016

    More than four in ten New Zealanders (41%) would consider using NFC mobile payments today and 44% believe mobile payments will be the next thing to take off, followed by biometrics/facial recognition/fingerprints (21%) and wearable technology (18%), research from MasterCard reveals. 49% expect they will not use cash in ten years’ time, with more than a third believing retailers need to do more to embrace new payment technologies.

    Apple Pay reaches mobile app inflection point

    February 10th, 2016

    Apple Pay has seen an acceleration in mobile app acceptance across the US, according to Piper Jaffray analyst Gene Munster, who calls it an “inflection point” in a recent investor note reported by Quartz. “While most attention has been paid to which retail stores have started accepting Apple Pay, the iPhone-based payment service has quietly made serious progress in mobile commerce,” the publication says. Apple Pay is also leading POS mobile payments in the US, according to the firm.

    ANZ launches HCE mobile payments in Australia

    February 10th, 2016

    Customers of Australia’s ANZ bank can now make host card emulation (HCE) based mobile payments “with the broadest range of cards on offer” using a new ANZ Mobile Pay service. More

    3bn loyalty cards will move to mobile by 2020

    February 9th, 2016

    More than 3bn loyalty cards will operate as mobile-only or will be integrated into mobile apps by 2020, up from 1.4bn last year, Juniper Research predicts. “Brands and retailers are increasingly responding to consumer demand for mobile integration, with many now offering customers the opportunity to store their loyalty cards within a dedicated digital wallet,” the research firm says.

    FitPay launches Kickstarter campaign to bring NFC smartstrap to market

    February 9th, 2016

    Wearable payments company FitPay has launched a campaign on Kickstarter to crowdfund the production of an NFC payment smartstrap for the Pebble Time family of smartwatches.  More

    Kazakhstan gets HCE payments

    February 8th, 2016

    Customers of Kazkommertsbank (KKB) in Kazakhstan can now make host card emulation (HCE) based NFC mobile payments using a new service launched in partnership with Visa. “To use the service, you need to download and install… More

    MoboMoney takes sound-based mobile payments to India

    February 8th, 2016

    Indian consumers can now make payments at participating retail locations using their mobile device and sound based technology developed by startup ToneTag. The feature has been integrated into MoboMoney, an NFC payments platform launched by information technology provider Tech Mahindra in December 2015, to extend the service to a greater number of mobile devices and merchants across the country. More

    Apple Pay available in more than 2m US retail locations

    February 5th, 2016

    Apple Pay is now available in more than 2m US retail locations, according to Bloomberg, with the Crate & Barrel, Chick-fil-A and Au Bon Pain chains also due to roll out the service soon. “In addition to pushing past its goal to make Apple Pay available in 1.5m retail locations by the end of 2015, the company said the feature’s in-app purchase volume more than doubled in the last six months of the year compared with the first half,” Bloomberg reports.

    Apple begins selling Square contactless reader

    February 4th, 2016

    Apple has begun selling mobile POS provider Square’s US$49 contactless readers in its US stores as well as online. Square unveiled the NFC mPOS terminals during Apple’s WWDC in June 2015 and offered the first 250,000 free of charge. It began shipping devices in December.

    Amazon Echo adds Domino’s pizza orders

    February 4th, 2016

    US customers of pizza chain Domino’s can now speak their orders into Amazon’s Echo voice-driven home shopping device, which is supported by virtual assistant Alexa. Customers can enable the service within the Amazon Alexa app by linking their account to their Domino’s profile. They can then place orders with their voice and get updates on its progress by telling Alexa the phone number associated with their order.

    Visa launches cross-marketing network for coupon-free digital rewards

    February 1st, 2016

    US merchants can now send targeted offers and rewards to their customers that can be redeemed at other merchants’ locations via Visa Commerce Network, a new service launched by Visa that eliminates the need for coupons at the point of sale. More

    LG Pay White Card will store multiple cards for use in-store and ATMs

    January 29th, 2016

    LG has developed an electronic ‘LG Pay White Card’ that will let users register multiple credit cards onto a single piece of plastic for in-store payments and ATM withdrawals. The device is about the same size as a normal credit card, ETNews reports, and has a small LCD display, buttons to select which virtual card to use and a connector for recharging. The handset maker confirmed in November 2015 that it is working on launching its own mobile payment service.

    Visa reports 250% growth in UK contactless transactions

    January 26th, 2016

    Contactless now accounts for one in seven Visa transactions across the UK, up from one in 25 a year ago, the payment network has revealed, with contactless payments growing 250% year-on-year and 60% of transactions occurring outside London. “Almost 460,000 terminals across all of the UK are now ready for face-to-face contactless and mobile payments,” says Visa Europe’s Kevin Jenkins.

    Otto Group to offer PowaTag mobile payments

    January 25th, 2016

    German retail giant Otto Group has partnered with Powa Technologies to offer its customers mobile payments through PowaTag, a service that lets consumers make purchases by capturing ‘PowaTags’ using their mobile device. The partnership follows Otto Group’s decision to close its Yapital mobile payments service in November 2015.

    Starbucks sees rise in US mobile transactions

    January 25th, 2016

    Some 22% of all US transactions in Starbucks during December were made using mobile apps, up from 21% in November 2015, the company’s Kevin Johnson reported during the coffee chain’s first quarter earnings call. “Over one million customers in the US used Mobile Order & Pay capability in the month of December and those customers averaged approximately five mobile orders in the month,” Johnson added. “We are now processing over six million Mobile Order & Pay transactions per month.”

    Apple Pay leads US mobile payments market

    January 25th, 2016

    Apple Pay is “overwhelmingly the share leader” in point-of-sale mobile payments across the US despite uptake remaining relatively low, the latest statistics from Piper Jaffray’s Apple Pay adoption tracker show. “Analyst Gene Munster expects numbers to rise in 2016 as Apple integrates attractive new features like P2P payments and in-browser integration,” AppleInsider reports.

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