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Retail

News about Retail.

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.

US online buyers warm to mobile payments

December 9th, 2014

Two fifths (40%) of US online buyers like the idea of making a mobile payment instead of carrying around a wallet with 76% saying they are dissatisfied with the strength of credit card security among retailers, a survey conducted by Bizrate Insights has found. 19% of respondents also said they were interested in using Apple Pay.

Starbucks launches Mobile Order & Pay in Portland

December 4th, 2014

Starbucks’ Mobile Order & Pay service is now live in Portland, Oregon ahead of a planned nationwide roll out across the US that will begin in 2015. The coffee chain first spoke about its plans… More

Contactless donations expand in London

December 2nd, 2014

Caffe Nero and Leon Restaurants have become the first UK retailers to join Penny for London, a service first introduced on the Transport for London (TfL) network that automatically collects small charitable donations when participating consumers use their contactless cards to pay. “It is fantastic that two of Britain’s much-loved retailers have committed to sign up for Penny for London and I hope many more will follow their lead,” says mayor Boris Johnson.

Indian shopping malls to pilot iBeacon

December 2nd, 2014

Mobile marketing and advertising platform BeaconStream is to pilot iBeacon technology in malls in Bengaluru and Chennai, India, within the next three weeks, The Hindu reports. “If a customer visits a mall, the beacon will alert about the proximity and the particular brand can send offers or run a immediate marketing campaign to convert that footfall into sales,” says CTO Gautam Mandewalker.

Sephora adds Apple Pay

December 1st, 2014

Cosmetics store chain Sephora has rolled out support for Apple Pay in all five of its Bay Area stores in the US and is also testing NFC payments acceptance in one Manhattan location in New York. “Sephora will continue to roll out Apple Pay to its stores nationwide soon after this initial launch,” the retailer told NFC World+.

Danish carriers abandon mobile payments ambitions

November 27th, 2014

Paii, the mobile payments joint venture created by Danish mobile network operators TDC, Telenor, Telia and 3, has been sold to Swipp, a mobile payments service owned by a consortium of more than 60 banks,… More

Swirl reports positive consumer feedback on in-store beacon offers

November 27th, 2014

Six in ten (60%) shoppers who receive a beacon-triggered message while shopping in a store open and engage with the content and 30% redeem beacon-triggered offers at the point of sale, analysis by Bluetooth beacon… More

Contactless makes Word of the Year shortlist

November 26th, 2014

‘Contactless’ has made the shortlist for the Oxford Dictionaries’ Word of the Year 2014 but missed out on the top spot to the word ‘vape’. “As an increasing number of retail outlets have made contactless payment facilities available, the word itself has seen a corresponding rise in use,” Oxford Dictionaries explains.

Harris+Hoole reports 200,000 mobile payments

November 25th, 2014

Tesco-backed UK coffee chain Harris+Hoole’s mobile ordering and payments app has now been downloaded more than 22,000 times and has been used by customers over 200,000 times since its launch in June 2014. “We wanted to make our shops feel as friendly and familiar as possible — like your friend’s place — so this meant developing an app and payments process that removed all the cold transactions,” the chain’s Danielle Anderson says.

inMarket hits 18% of US mobile shoppers

November 18th, 2014

Mobile in-store marketing solution provider inMarket’s iBeacon platform now reaches 31.5m monthly active consumers, the equivalent of 18% of all US mobile users, according to research conducted by Comscore. “Our beacon program works because we reach shoppers in stores via the shopping apps they already use and love,” says CEO Todd Dipaola. “Ultimately, success in beacons comes down to scale, context, and user experience.”

Powa raises $80m for US launch

November 11th, 2014

Powa Technologies has raised US$80m from Wellington Management to launch its PowaTag mobile payments platform in the US. The company has now signed up more than 950 retailers and brands worldwide, Powa has told NFC World+.

Sainsbury’s tests mobile shopping and payments app

November 11th, 2014

UK supermarket chain Sainsbury’s is to pilot a mobile shopping app that allows customers to build a virtual basket of favourite products from anywhere before they visit a store, get directions when they arrive at… More

LoyaltyGrid uses NFC tags to let luxury brands reward their customers at the point of sale

November 6th, 2014

Dutch startup LoyaltyGrid has unveiled a solution that lets luxury brands use NFC tags embedded in product packaging to guarantee the authenticity of their products — and deliver rewards, discounts, exclusive content, invitations to special events… More

Pivo passes 100,000 active users

November 5th, 2014

Finnish mobile wallet Pivo has now been downloaded to 300,000 smartphones and a third of users  — more than 100,000 — are making use of the app every day. Pivo lets consumers track their card transaction details, pay for goods both in-store and online, receive real-time transaction notifications, redeem vouchers and sync with loyalty programmes. The service also forecasts users’ future account balances.

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