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Retail

News about Retail.

One in four UK consumers influenced by in-store payment methods

May 22nd, 2015

More than one in four UK consumers are more likely to shop somewhere if it offers a greater range of — and more innovative — payment methods, a survey conducted for Sage Pay has revealed…. More

Four in ten UK consumers willing to switch banks for mobile payments

May 22nd, 2015

Some 44% of UK consumers are prepared to switch bank accounts to access mobile payments if their current bank is unable or has no plans to offer the service, while a third (33%) of these consumers… More

Nearly half of iPhone 6 owners successfully using Apple Pay

May 22nd, 2015

Nearly half (46%) of US iPhone 6 owners have now successfully used Apple Pay, up from 42% two months ago, and 63% of those are using the mobile payments service on a weekly basis, the… More

BPCE to pilot cards with mini-screen security codes

May 21st, 2015

France’s second largest banking group BPCE is to pilot a payment card that replaces the three-figure security code on the back of the card with a mini-screen that displays a code which automatically changes periodically…. More

Express rolls out support for Apple Pay

May 20th, 2015

Clothing retailer Express has begun accepting Apple Pay across its stores in the US. “To date, relatively few clothing chains have thrown support behind Apple Pay,” AppleInsider reports. “Apple has promised more additions down the road, including Anthropologie, Free People, L.L. Bean and Urban Outfitters.”

Icahn: Apple Pay to generate US$3.3bn in revenues in 2017

May 19th, 2015

Apple Pay will generate revenues of US$263m this year and that figure will increase to $3.3bn by the end of 2017, billionaire investor Carl Icahn has forecast. In an open letter to Apple CEO Tim… More

Beacons land at UK airports to send out offers and rewards

May 19th, 2015

Eight UK airports are to roll out a network of 200 Bluetooth Low Energy beacons that will deliver notifications such as offers and rewards to passengers while they wait for their flights. The service is… More

Google to launch mobile buy buttons?

May 18th, 2015

Google is expected to add buy buttons to search results pages on mobile devices in the coming weeks that will guide consumers to product pages where they can pick sizes, colours and shipping options before completing a purchase. “The buttons will accompany sponsored or paid search results, often displayed under a ‘Shop on Google’ heading at the top of the page,” WSJ reports. “Retailers including Macy’s are in talks with Google about taking part in the launch.”

Walmart to accept Alipay mobile payments in China

May 14th, 2015

Walmart is to begin accepting Alipay mobile payments at 25 stores in Shenzhen, China, and the service is to go live in all of the chain’s 410 stores across 160 Chinese cities by the end… More

Canadian carriers MTS and SaskTel launch NFC payments with TD Bank

May 14th, 2015

MTS and SaskTel have become the latest Canadian mobile network operators to launch NFC mobile payment services using EnStream, the joint venture between Bell Mobility, Telus and Rogers Communications put in place to act as… More

Denmark government aims for cashless society

May 13th, 2015

The government in Denmark has proposed doing away with the obligation for retailers in the country to accept payment in cash, in an attempt to replace it with other methods such as plastic cards and mobile payments. “The government said, as of next year, businesses such as clothing retailers, gas stations and restaurants should no longer be legally bound to accept cash,” Reuters reports. The proposal will need to be approved by parliament but is “unlikely to meet much opposition”.

Home Depot to accept Apple Pay in 2,000 stores

May 6th, 2015

US retail giant Home Depot is planning to offer Apple Pay at its more than 2,000 stores, a rollout that would make it the largest retailer yet to accept the mobile payments service — though a deal with Apple is not yet in place. “It’s something we’d like to do,” the retailer’s Steve Holmes told Bloomberg, while mentioning that the chain may also add support for “other kinds of mobile payment”.

92% of UK mobile users to make a mobile payment in 2015

May 1st, 2015

More than 31m UK mobile users (92%) will make a payment using their mobile device in 2015, multichannel sales specialist Oxygen8 has found. Some 24% say their spend on mobile would increase as additional payment platforms become available at the point of purchase, and the research also reveals that 31.7m people in the UK have connected with an average of six businesses using their mobile device.

Starbucks processes 8m mobile payments every week

April 24th, 2015

Coffee chain Starbucks has 16 million active users of its mobile app who are making eight million mobile payments a week, equalling nearly 19% of all transactions in US stores, president and COO Kevin Johnson has revealed,… More

Twitter invests in beacon marketer Swirl

April 24th, 2015

Twitter has invested an undisclosed sum in Boston-based proximity marketing specialist Swirl, hinting the social media platform could be looking at using Bluetooth Low Energy (BLE) beacons to push messages. The social media giant has invested alongside Hearst Ventures, Softbank Capital and others in an $18m series-C round, taking the total raised by Swirl so far to $32m.

Forecast: 100m Apple Pay-capable phones in US by 2020

April 24th, 2015

Some 100m Apple Pay-capable smartphones will be available in the US in 2020, up from 53m this year, according to Mercator Advisory Group. The company is also forecasting that the future of the mobile payment service… More

German carriers and retailers promote NFC mobile payments in Berlin

April 17th, 2015

The largest NFC mobile payment initiative in Germany to date has launched in the capital Berlin, as the country’s three mobile network operators, Vodafone Germany, Deutsche Telekom and Telefonica, team up with six major retail… More

Apple Pay users report merchant POS problems

March 31st, 2015

Two in three Apple Pay users have encountered a problem when attempting to pay with the mobile payment service in a store, a survey from Phoenix Marketing International reveals. Most issues related to terminals not… More

Carrefour extends grocery shopping to smartwatches

March 12th, 2015

Customers at a Carrefour hypermarket in Paris are now able to use their smartwatch to access their digital shopping list, tick off items as they go and receive loyalty points when they check out. The… More

NFC shopping service goes live in Paris supermarket

March 12th, 2015

French supermarket chain Intermarché has introduced an NFC shopping service at its Issy-les-Moulineaux, Paris store, enabling customers to add products to a digital shopping basket and receive personalised discount vouchers with a tap of their… More

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