What's New in Payments

Barclays to let UK merchants accept payments direct from customers’ bank accounts

Barclays accelerates growth of Pay by Bank app — Barclays — “Pay by Bank app allows shoppers to pay quickly and securely for goods and services on a mobile device, without the need to enter payment details, logins or passwords. Customers simply select the Pay by Bank app option during the checkout process, at which point they log into their existing mobile banking app to seamlessly authorise and complete the purchase.”


What's New in Payments

Korean retailer pilots unmanned convenience store that uses face recognition for entry and payments

GS25 brings facial recognition to new shop — Korea JoongAng Daily — “Most convenience stores without a human cashier use barcodes to identify the products. GS25’s new system instead identifies an item by its packaging and weight. This allows customers to simply place items on the table before paying using facial recognition or a credit card. The company says it takes only about a second for the system to recognize five items at once, whereas with the conventional barcode system it would take 15 seconds to scan them one by one.”


What's New in Payments

Walmart equips garden centre staff with mobile checkout devices

Walmart launches Check Out With Me, a new service designed to save customers time — Walmart — “A Walmart associate scans a customer’s items with the Check Out With Me mobile device, swipes their credit card and provides them with a receipt – printed or electronic options available. Customers just pay and go. It’s as simple as that.”


What's New in Payments

Macy’s brings mobile self-checkout to department stores

Macy’s to add mobile checkout to all stores by year’s end — CNBC — “The platform allows shoppers to scan barcodes on items (apparel, home goods, etc) with their phones, as they add merchandise to their baskets in stores. Relevant discounts and rewards will also be applied, via a shopper’s loyalty account, throughout. When customers are finished shopping, they will head to a special counter for mobile checkout, where an associate will remove security tags and make sure the number of items scanned adds up to those paid for. Then, they’re ready to go.”


What's New in Payments

Shell pilots RFID system that scans all the items in a shopping basket in one go

Supermarket checkout designed to scan entire shopping basket trialled in London — Evening Standard — “Each shopping item has a tiny ‘radio frequency identification’ chip embedded in it… The customer first places their items on a scanning platform, which displays the full list on a screen. They open a smartphone app and tap the device on a reader to deduct payment from an account linked to a card app, such as Apple Pay or Android Pay, and are then emailed a receipt.”