Sunday 28 August 2016 | RSS

 
    Feedback
     

    Retail

    News about Retail.

    Two in three young Brits have made a mobile payment in-store

    August 25th, 2016

    More than two thirds of the UK’s 16-34 year olds (67%) have used their mobile phone to make an in-store payment, research released by Worldpay reveals. More

    Japanese bank eyes facial recognition

    August 25th, 2016

    Japan’s Sumitomo Mitsui Financial Group (SMFG) is exploring the use of a facial authentication system for customers to make payments. “SMFG aims to utilise users’ facial data as a means of verifying their credit cards or bank accounts,” The Japan News reports. “SMFG will begin trials at retail outlets as early as 2017 before developing it for practical use over several years after the trials.”

    Samsung Pay hits 100m transactions in first year

    August 24th, 2016

    Some 100m transactions in seven countries have been made using Samsung Pay, the company has revealed as it marks the mobile payment service’s one year anniversary. “Across South Korea specifically, the market has processed more than… More

    MegaFon launches contactless card with carrier billing

    August 23rd, 2016

    Russian mobile network operator MegaFon has begun offering customers a contactless card enabling them to make in-store purchases wherever Mastercard is accepted, charging the payment to their mobile phone bill. The MegaFon card is currently available in Moscow and surrounding areas, as well as St. Petersburg, Yaroslavl, Tver, Kaliningrad, Murmansk, Arkhangelsk and Vologda. It is scheduled to be made available nationwide from 1 October.

    Barclaycard reveals large contactless increase across UK

    August 23rd, 2016

    The amount spent by Barclaycard customers using contactless technology in the UK has multiplied 2.7 times so far this year, with usage increasing 173% by value and 112% by volume, the latest Barclaycard Contactless Spending… More

    UK contactless spending hits record high

    August 23rd, 2016

    Spending on contactless cards in the UK during the first half of 2016 outstripped the total for the whole of 2015, The UK Cards Association reveals. “Some £9.27bn (US$12.23bn) was spent using contactless methods between January and June of this year,” the organisation says, “more than the total 2015 contactless spend of £7.75bn (US$10.22bn).” 1.1bn transactions were made in the first half of 2016, compared with 1.05bn for the whole of 2015. Contactless card payments accounted for 18% of total purchases in June 2016, compared to 7% in June last year.

    Walgreens integrates rewards with Android Pay

    August 22nd, 2016

    US drugstore giant Walgreens has become the first retailer to integrate its loyalty program with Android Pay, allowing more than 85m active Balance Rewards members to earn and redeem points in-store through the mobile payments service. “Before payment, members simply hold their Android device near the PIN pad and the appropriate rewards information is applied,” Walgreens says. The company integrated its loyalty program with Apple Pay in November 2015.

    Phillips 66 to accept Chase Pay across US

    August 18th, 2016

    Fuel retailer Phillips 66 is to allow customers at its Phillips 66, Conoco and 76 branded locations to make QR code-based mobile payments using Chase Pay across the US, in collaboration with mobile commerce provider P97 Networks. “Consumers of Phillips 66’s fuel brands will soon be able to make purchases through the My Phillips 66, My 76 and My Conoco mobile apps,” says Chase. Oil and gas company Shell is also set to accept Chase Pay across the country.

    Mobile QuickPass launches in Canada

    August 17th, 2016

    Bankcard association UnionPay International has launched its host card emulation (HCE) and tokenization-based mobile payment service in Canada. “The merchants accepting mobile QuickPass this time are mainly restaurants, hotels, retail outlets, supermarkets and convenience stores,” the company says. More than 20 commercial banks signed up to support mobile QuickPass when it made its launch in Beijing in December 2015. It launched in South Korea in June 2016.

    Kona unveils Kona Money for digital gift cards and mobile payments

    August 17th, 2016

    PARTNER NEWS: South Korean smart card provider Kona has unveiled Kona Money, a mobile payment service that integrates gift cards and allows for purchases to be made at the point of sale using NFC, QR… More

    Three quarters of US retailers plan to accept Apple Pay before 2018

    August 16th, 2016

    More than three quarters of US retailers (76%) plan to accept Apple Pay by the end of 2017, research released by the National Retail Federation and Forrester reveals.  More

    US pharmacy chain launches barcode payments

    August 12th, 2016

    Customers at US pharmacy chain CVS can now make purchases by presenting an on-screen barcode at the point of sale using CVS Pay, the retailer’s own mobile payment service. The feature has been integrated into the existing… More

    US vending supplier to offer mobile payments

    August 11th, 2016

    US consumers will soon be able to make mobile payments at vending machines belonging to American Food & Vending, by tapping their device against a Bluetooth Low Energy (BLE) plug-in dongle provided by digital payments enabler PayRange. “The PayRange app may be funded with credit and debit cards, Apple Pay, Android Pay, coupons and even payroll deductions,” the company says. PayRange raised US$12m in June 2015.

    British athletes at Rio 2016 sport NFC payment bands

    August 11th, 2016

    All British athletes competing at the Rio 2016 Olympic Games are being given NFC payment bands that will allow them to make purchases by tapping their wrists against a contactless terminal. More

    Samsung Pay on menu in US restaurants

    August 10th, 2016

    Diners at 3,000 US restaurants with Ziosk pay-at-the-table tablets can now settle their bill using Samsung Pay. “Customers simply launch Samsung Pay, authorize the transaction with their fingerprint or PIN and then hover the device over the Ziosk card reader,” Ziosk says. Samsung Pay is giving guests at participating Red Robin, Friendly’s and Uno Pizzeria & Grill locations US$5 off bills of $10 or more when using the mobile payment service.

    Mastercard sees US EMV growth

    August 10th, 2016

    Eight out of ten Mastercard US consumer credit cards now include chips, representing an 88% increase in EMV adoption since the October 2015 liability shift. “The company also sees 1.7m chip-active merchant locations on its network, representing nearly 30% of the US merchant population and a 374% increase in chip terminal adoption since 1 October 2015,” Mastercard says.

    Starbucks’ Mobile Order & Pay on the rise across the US

    July 29th, 2016

    Nearly 5% of total US transactions in coffee giant Starbucks locations are now made through the company’s Mobile Order & Pay service, representing close to 20% of all mobile payments in store. More

    Spanish clothing retailer to roll out QR code payments

    July 28th, 2016

    Customers at stores belonging to Spanish clothing company Inditex will soon be able to use their mobile phone to make in-store payments by scanning a QR code at the terminal via the company’s InWallet mobile payment service. More

    Venmo enables in-app payments

    July 27th, 2016

    Users of the PayPal-owned Venmo mobile payments app will soon be able to make purchases in third party mobile apps using the service. “The feature has expanded to more than ten vibrant merchants that we know our core users will love — Munchery, Gametime, Priv, Poshmark, Hop Market, Wish, Parking Panda, Dolly, Urgentli, Boxed and, most recently, delivery.com will now accept Venmo payments,” PayPal says.

    Apple Pay accounts for 75% of all contactless payments in the US

    July 27th, 2016

    Apple Pay now accounts for three out of four contactless payments in the US and the estimated number of monthly users is up by more than 450% year-on-year, Apple CEO Tim Cook has revealed.  More

    Page 1 of 4512345...102030...Last »