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Retail

News about Retail.

“Highly interested” Canadians ready for mobile payments

July 3rd, 2015

Some 14% of Canadian consumers say they are highly interested in making in-store mobile payments and 11% are also interested in using a wearable device such as a smartwatch to do so, research from payment… More

Researchers unveil breakthrough in weaving NFC chips into clothes

July 3rd, 2015

Researchers from Nottingham Trent University (NTU) have invented a method of embedding NFC chips into yarns which are then woven and knitted to make fabrics for clothing. The chips could be used to provide enhanced security… More

Beacons guide Hong Kong airport passengers

June 30th, 2015

Passengers at Hong Kong International Airport are being guided by 50 beacons installed across Terminal 1 as part of a pilot with SITA Lab. “These user-friendly maps display key information on passengers’ mobile phones or tablets, and the time it will take to get to the gate,” SITA Lab says. “They also provide information about shops, restaurants and retail offers.”

US$2.7tn mobile wallet market by 2020

June 30th, 2015

The global market for mobile wallets will reach US$2.7tn by 2020, “driven by the proliferation of smartphones, tablets, mobile internet, strong governmental support for cashless transactions and the convenience offered by mobile payments,” Global Industry Analysts says. “Asia Pacific represents the largest market, with a CAGR of 33% over the analysis period,” it adds. “The retail sector represents the largest end-use for mobile wallets.”

Amazon’s voice-driven home shopping device available for pre-order in the US

June 25th, 2015

US consumers will soon be able to reorder supplies and control their home appliances using Amazon Echo, the connected device that uses voice recognition to complete spoken commands to shop, play music, read the news… More

CUA credit union reports rising interest in redi2PAY HCE mobile payments service

June 24th, 2015

The number of customers using CUA’s redi2PAY HCE mobile payments service more than 35 times per month was about three times higher in March 2015 than it was six months earlier, and the number of… More

Alibaba and Ant Financial invest nearly $1bn in Koubei mobile commerce platform

June 24th, 2015

Chinese e-commerce giant Alibaba and Alipay parent Ant Financial have each invested RMB3bn (US$483m) into Koubei, a joint venture that will let consumers order and pay for local services in China using their smartphone, “with an… More

Canadian carriers sign up for independent Suretap platform

June 23rd, 2015

Canadian carrier Rogers has spun off its Suretap NFC mobile wallet service as a separate company, with the brand now operating independently and open to other carriers. Mobile network operators Bell, Telus, Koodo and Virgin… More

Crunchfish unveils touchless storefront using gesture recognition

June 23rd, 2015

Swedish gesture recognition firm Crunchfish has developed an interactive screen that can be placed in shop windows to encourage passersby to browse deals, read reviews and compare products with a swipe, push or grab of… More

International retailer to install NFC shelf edge labels in 250 stores across Europe

June 18th, 2015

Imagotag, a subsidiary of electronic shelf labels supplier Store Electronic Systems (SES), has entered into an exclusive agreement in Germany with an unnamed “leading international retailer” to install its NFC e-paper displays in 250 stores… More

Billing System brings OTI NFC readers to Japan

June 18th, 2015

Payment service provider Billing System is to offer On Track Innovations’ (OTI) suite of NFC readers and devices to Japanese retailers, vending machine operators and taxi companies. “Japan’s current cashless payment settlement infrastructure, Felica, is unique to the domestic market and not compatible with international NFC services,” the companies say. “These settlement services are based on international standards.”

Starbucks expands Mobile Order & Pay

June 17th, 2015

Starbucks has rolled out its Mobile Order & Pay service to 21 more states in the southern and central United States. The coffee chain launched the first in Portland, Oregon in December 2014 before expanding to 650 additional locations in March this year.

Gimbal aims to turn any Bluetooth Low Energy device into a beacon

June 16th, 2015

Mobile location and proximity services provider Gimbal has begun licensing its Bluetooth Low Energy (BLE) beacon firmware to enable almost any device with BLE to act as a beacon — including ATMs, jukeboxes, access points,… More

Facebook expands buy button pilot

June 15th, 2015

Facebook has extended its ‘buy’ button pilot to US retailers using the Shopify commerce platform. “A small group of Shopify merchants are already using this solution to post products with buy buttons, Shopify says. “Today, we are expanding the beta test to include a variety of businesses.”

Wegmans to add loyalty card to Apple Pay

June 10th, 2015

Wegmans will be among the first US supermarkets to offer customers the ability to redeem discounts while using Apple Pay. “When this new feature is made available by Apple Pay in the fall, Wegmans customers will be able to add their Shoppers Club card to the Wallet app in iOS 9 and use it at checkout with Apple Pay,” the retailer says.

Apple Pay users in UK will be able to make payments above contactless card limit

June 10th, 2015

Customers who choose to use Apple Pay when the service launches in the UK will be able to use the mobile payments service to make transactions over the current contactless limit of £20 (US$30) at… More

Synchrony Financial supports Apple Pay

June 9th, 2015

Consumer financial services provider Synchrony Financial will offer private label credit cardholders the ability to add their cards to Apple Pay, starting with retail partner JCPenney. “Synchrony Financial is committed to supporting the benefits our private label credit cards and patented Dual Cards offer, including loyalty and rewards programs, POS discounts and promotional financing, when customers choose to make payments with Apple Pay,” the company says.

Zapp prepares for UK mobile payments service launch

June 9th, 2015

Zapp, the UK mobile payments startup formed by payments infrastructure operator VocaLink, has confirmed that it will launch its service in the autumn of this year, with NFC in-store payments to follow. The service will… More

Two in three US POS terminals to be EMV by 2020

June 9th, 2015

The installed base of EMV terminals in the US will reach about 65% by the end of 2020, a new report from GrowthPraxis has found. The installed base of mobile point-of-sale (mPOS) terminals is expected to… More

Williams-Sonoma adds shoppable videos

June 9th, 2015

US houseware and home furnishing retailer Williams-Sonoma has launched a four-part video series that uses YouTube’s new “shoppable” technology to allow its online shoppers to buy the showcased products with a click through Visa Checkout. The first video is now live online while the following three will follow later this summer.

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