Thursday 20 October 2016 | RSS



    News about Retail.

    Android Pay launches in Hong Kong

    October 20th, 2016

    Google is rolling out its Android Pay mobile payment service in Hong Kong with support for Mastercard and Visa cards from The Bank of East Asia, DBS, Dah Sing Bank, Hang Seng Bank, HSBC and Standard… More

    Verifone deploys mobile API standard

    October 19th, 2016

    Verifone is deploying a new mobile API standard to improve interaction between mobile payment and loyalty apps in gas stations and convenience stores. The company worked with Conexxus to deploy the standard across a “wide variety of applications including retail-branded apps and direct automated clearing house payment at the pump with community banks,” according to Verifone.

    Mobile payments awareness up in North America, but usage remains flat

    October 19th, 2016

    Nearly six in 10 North American consumers (56%) are now aware of mobile payment services — a 4% increase from this time last year, research from Accenture has revealed. However, the regular use of mobile… More

    Yes Bank unveils iris scan PoS

    October 18th, 2016

    India’s Yes Bank has partnered with to develop a biometric point-of-sale terminal using iris scanning technology. The Iris EMV PoS integrates card payments with the Indian government’s Aadhaar identity project’s electronic know your own customer (E-KYC) and E-signing systems. Yes Bank senior president Ritesh Pai said the device “has multiple uses for both retail and corporate customers right from e-KYC verification and ATM functionalities to disbursal of small loans to merchants”.

    PayPal tops mobile payment apps in US, but retailers want Apple Pay

    October 18th, 2016

    Nearly one in five US smartphone owners (18%) have now used a mobile payment app, research released by Parks Associates reveals, with PayPal proving to be the most popular among all US smartphone users with… More

    Koupon Media and Verifone enable mobile coupons

    October 17th, 2016

    Mobile offers provider Koupon Media has partnered with Verifone to enable all retailers using the Verifone Commander platform to create and distribute mobile coupons on the Koupon Platform. “The integration will allow all retailers… to create, manage and distribute mobile coupons by Koupon Media with unique barcodes that are immediately deactivated once scanned,” Koupon Media says.

    Paymark enables Apple Pay in New Zealand

    October 17th, 2016

    Payments network Paymark has enabled its entire network of retailers across New Zealand to accept Apple Pay. “More than 75% of New Zealand’s EFTPOS machines are on the Paymark network and, as long as the machine has contactless capability, Paymark retailers can now accept payment via Apple Pay,” the company says. Apple Pay launched in New Zealand last week.

    Ant Financial readying VR payments

    October 13th, 2016

    Alibaba affiliate and Alipay parent company Ant Financial is readying a virtual reality (VR) payment experience that will allow shoppers to pay with a nod of the head. “People using virtual reality goggles to browse virtual reality shopping malls will be able to pay for purchases without taking off the goggles,” Reuters reports. “User identity can be verified on VR Pay via account logins on connected devices or via voice print technology.” VR Pay is expected to be ready for commercial launch by the end of the year. Reports that Alibaba was exploring VR mobile payments emerged in August 2016.

    Zapper enables Alipay in the UK

    October 13th, 2016

    Chinese visitors to the UK can now use Alipay at any retailer accepting mobile payments platform Zapper. “This partnership will allow over 250,000 Chinese tourists in the UK to pay using the Alipay app in over 1,000 locations nationwide,” Zapper says. “With Zapper’s smart QR technology enabled to take payments from the Alipay app, 11.7m Chinese tourists visiting Europe each year will be able to conveniently pay using Alipay at any venue also accepting Zapper.”

    Apple Pay launches in New Zealand

    October 13th, 2016

    Apple Pay has arrived in New Zealand with support for Visa credit and debit cards issued by ANZ Bank New Zealand. The mobile payment service will be accepted by some of the country’s major retailers… More

    Study shows growing European appetite for mobile payments

    October 12th, 2016

    Some 54% of European consumers are using a mobile device to make payments for a range of activities in-store, in-app and online, compared to 18% at this time last year, Visa’s 2016 Digital Payments Study… More

    South Korean store launches smart shopping experience

    October 7th, 2016

    Customers at Lotte Department Store in the Bundang district of Seoul, South Korea, are being offered a new service that enables them to shop by scanning the barcode on their desired products using a shopper scanner… More

    Apple Pay adoption low, says report

    October 7th, 2016

    Only one in ten iPhone owners have used Apple Pay and, among those who haven’t done so, 63% said it’s because their preferred merchants don’t support it as a payment option, research from Parks Associates reveals. “Only 19% of US smartphone owners and 15% of smartwatch owners have used a mobile payment app,” the firm adds.

    EcoCash Ta! signs up 2,000 merchants

    October 7th, 2016

    More than 2,000 merchants have now signed up to EcoCash Ta!, the NFC sticker-based mobile payment service launched by mobile network operator Econet WirelessEcoCash mobile money subsidiary in Zimbabwe in December 2015. “Some of these merchants include Zimpapers, Dairibord, Total, Colcom, Ster-Kinekor, Ligi and Engen,” reports TechZim. “EcoCash is also pursuing plans to integrate the tap-to-pay system with the country’s tollgates before the end of 2016.”

    Kohl’s launches QR code mobile payments feature across the US

    October 7th, 2016

    Customers at US department store chain Kohl’s can now make purchases by scanning a QR code at the point of sale using Kohl’s Pay, a mobile payment feature that has been integrated into the retailer’s… More

    Apple Pay goes live in Russia

    October 4th, 2016

    Apple Pay has begun rolling out across Russia, allowing consumers to pay in-store and make in-app and online purchases. The service is currently supported by Mastercard and Sberbank and is accepted at branches of Atak, Auchan,… More

    Mastercard brings biometric authentication to 12 European countries

    October 4th, 2016

    European consumers can now validate online purchases with their fingerprint or face using Mastercard’s biometric authentication service. Identity Check Mobile is now being rolled out across 12 markets: the UK, Austria, Belgium, Czech Republic, Denmark,… More

    Amex enables rewards purchases on Amazon

    October 3rd, 2016

    Canadian customers of American Express who are enrolled in the company’s Membership Rewards program can now pay for purchases using their reward points on Amazon. “Cardmembers need to complete a one-time registration to securely link their Membership Rewards account to their account,” American Express says. “Membership Rewards points are available immediately for use on any time cardmembers are shopping.”

    US now Visa’s biggest EMV market

    October 3rd, 2016

    There are now more than 1.46 million chip-enabled businesses and 363 million chip-enabled Visa cards in the US, making it the largest Visa chip card market in the world, the company has revealed. “The number of Visa chip transactions surpassed half a billion in the month of August, representing a 1,000+ percent annual increase,” the payment network says.

    Sarine to add NFC to share details on diamonds and gemstones

    September 29th, 2016

    Diamond and gemstone production technology provider Sarine is to integrate NFC into its sales and consumer support system to make it possible for shoppers to retrieve information about a diamond — such as its history,… More

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