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Retail

News about Retail.

Payment security tops retailer priorities

January 22nd, 2015

More than 63% of US retailers have included payment security among their top three priorities for 2015 in a survey by Boston Retail Partners, with 650% more retailers planning to support EMV by October. “Recent data breaches at several top retailers, high-profile hacking, plus the looming October 2015 deadline shifting credit card liability back to the retailer for those not compliant with EMV policies seem to be likely causes,” the firm explains.

Most US retailers won’t be ready for EMV

January 22nd, 2015

More than half of all US retailers (55%) are still not fully prepared for the migration to EMV despite the impending October deadline, a survey for ACI Worldwide has revealed. Some 14% still have work to do, 19% are not prepared and 22% are still evaluating their options. “Just 12% of retailer respondents are already compliant, while 19% are confident they will meet the October deadline,” the survey found.

Alibaba invests in visual QR codes

January 20th, 2015

Chinese ecommerce giant Alibaba has invested an undisclosed sum in Israeli start-up Visualead, developer of the “visual” QR code technology adopted by Chinese social media site RenRen in May last year. The companies have also… More

7-Eleven HK adds mobile payment and rewards

January 20th, 2015

Convenience store chain 7-Eleven has launched 7-Fans, a QR code-based mobile payment and loyalty app that rewards customers with one point for every HK$5 spent using the service at any of more than 900 stores across Hong Kong. The accumulated points can then be redeemed for in-store rewards while users can load cash into their 7-Fans e-wallet at any participating 7-Eleven store.

One in three Germans ready to use mobile payments

January 20th, 2015

Almost one third of German consumers (31%) would use mobile payments if it meant they could do away with a purse or wallet completely, a survey by TNS Infratest for mobile payments provider Yapital has… More

Migros to launch mobile payments

January 16th, 2015

Migros, Switzerland’s largest supermarket chain, is to launch a mobile payments service that will work in its own locations, other stores and with other bank accounts, as well as the retailer’s own Migros Bank accounts, Schweiz am Sonntag reports. Migros declined to provide further details to NFC World+ at this time, saying the “project is not yet ready for communication”.

Apple Watch owners to get beacon promos at Marsh Supermarkets

January 16th, 2015

US grocery chain Marsh Supermarkets is to use Bluetooth beacons to deliver targeted information such as shopping lists and recipes directly to a shopper’s Apple Watch or smartphone, marking the “world’s first iBeacon-wearable integration at… More

Pey equips merchants with Bitcoin POS terminals that support iBeacon, QR and NFC

January 14th, 2015

Fifty merchants in the German city of Hannover have signed up to accept Bitcoin payments using a terminal supplied by startup Pey, that uses a combination of iBeacon, QR code and NFC technology. More

Deloitte: Mobile payment volumes to increase 1000% in 2015

January 14th, 2015

In-store mobile payments will increase by more than 1,000% worldwide this year with 5% of the world’s smartphones being used to make a payment in a store at least once a month, up from under… More

Starbucks takes payments app to Germany and France

January 13th, 2015

Coffee giant Starbucks has launched its mobile payment app in Germany and France to allow its customers to make payments using a mobile version of their Starbucks card. “It is the same app which operates in the US and UK,” Starbucks told NFC World+. “The app works in the same way globally.”

US consumers call for more retailers to accept mobile payments

January 13th, 2015

More than half (53%) of US consumers think it is important for more retailers to install devices that enable them to pay with their smartphones, a Verifone survey conducted by Wakefield Research has revealed, with… More

Verifone and Samsung to offer Android mPOS

January 13th, 2015

Verifone and Samsung have announced a global partnership to deliver Android-based mobile point of sale (mPOS) solutions to multi-lane and enterprise retailers. The initial offering is due to be introduced later this year and will include a Samsung Galaxy Tab Active tablet and support for EMV, NFC, beacon and magnetic stripe payments.

Nedbank tests BLE mobile payments app

January 9th, 2015

South Africa’s Nedbank is internally testing a proof-of-concept mobile payments app called Accolades that uses BLE beacons to connect customers to retailers as they enter the store. “In concept, the app would provide the product list or menu of the participating store, letting customers select the product and quantity and check it out in their mobile shopping cart without queues,” BusinessTech reports.

Circle adds NFC to Bitcoin payments app

January 7th, 2015

Bitcoin wallet provider Circle has added NFC to its Android app to enable users to make payments using the digital currency with a tap of their smartphone. “Using this NFC integration, Circle customers can tap to pay when checking out with the app at physical locations where Bitcoin is accepted,” the company explains. “Since our friends at BitPay have also enabled NFC, thousands of merchant locations worldwide will support this feature.”

Mozido buys CorFire

December 19th, 2014

Cloud-based mobile payments platform provider Mozido has acquired the majority ownership of mobile commerce specialist CorFire, previously wholly-owned by South Korean IT services provider SK C&C. “By adding [Corfire’s] strength in NFC-enabled mobile wallets to Mozido’s extensive mobile financial services and retail marketing capabilities, we can now give merchants around the world access to a powerful mobile ecosystem,” says Mozido’s Michael Liberty.

US consumers trust banks most with card data

December 17th, 2014

Three in four online buyers (76%) are dissatisfied with the strength of credit card and personal information security among retailers with some 72% of respondents saying they trust their own bank the most with credit card data and personally identifiable information, US research from Bizrate Insights reveals. 48% trust PayPal with their payment and personal information, 45% trust Amazon, 21% trust Apple, 12% trust American Express, 18% trust eBay, 12% trust Google and 12% trust none of the above.

Barclaycard tests contactless payment gloves

December 16th, 2014

Barclaycard has begun ‘testing’ woollen gloves that can be used to make payments at any of the 300,000 contactless POS terminals in the UK with a touch of a hand. The decision to test the… More

Brazilian online fashion retailer installs Bluetooth Fashion Spots

December 15th, 2014

Dafiti, Latin America’s largest online fashion retailer, is to place Bluetooth beacons in restaurants, bars and newsstands in the Brazilian city of São Paulo to send out promotional messages to shoppers’ smartphones. “Users can opt… More

Ubudu turns beacons into two-way communications devices

December 15th, 2014

Mobile proximity solutions provider Ubudu has unveiled uBeacon Mesh, a platform that enables Bluetooth beacon installations to be used to create two-way mobile communications with consumers. The technology could be used to let shoppers respond… More

Apple store adds PayPal

December 15th, 2014

PayPal is now available as a payment option in Apple’s online retail store for US and UK shoppers having previously only been available as a payment option in Apple’s app and content stores, Re/code reports. Apple is also promoting PayPal Credit, a service that lets shoppers pay for an item over up to 18 months with no interest.

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