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    Retail

    News about Retail.

    Mastercard adds bar tab feature to Qkr! mobile payments app

    February 27th, 2017

    Mastercard has unveiled a new feature for its Qkr! mobile payments solution that will allow customers in a bar or restaurant to open a tab and pay their bill when they want, without leaving a… More

    China’s central bank tests digital currency for in-store payments

    February 27th, 2017

    The People’s Bank of China (PBOC) has conducted trial runs of a prototype cryptocurrency it has been developing since 2014 that could be used “to buy anything from noodles to a car”, The Straits Times reports. The digital currency would enable sellers to receive payments “directly from the buyer, lowering transaction costs as the middleman is cut out of the process”, the report adds.

    Rambus unveils Unified Payment Platform for mobile payments and loyalty

    February 27th, 2017

    PARTNER NEWS: Rambus has unveiled a mobile payments platform that will allow retailers to launch mobile payment and loyalty services that securely store and manage a variety of payment cards, as well as gift cards… More

    Barclaycard adds contactless payments to watches and fashion jewellery

    February 24th, 2017

    Barclaycard’s bPay contactless payment technology is to be embedded into a range of high street jewellery and watch brands across the UK through new partnerships with fashion jewellery retailer DCK Group and payment technology provider… More

    Gulf Oil unveils Gulf Pay for mobile payments and special offers at fuel stations

    February 22nd, 2017

    Customers at Gulf Oil fuel stations across select New England and New York markets in the US are to pilot a new mobile payment service that will enable drivers to navigate to the nearest station,… More

    NPCI, Mastercard and Visa unveil standardised QR code mobile payments for India

    February 21st, 2017

    Indian consumers can now make QR code-based mobile payments using BharatQR, a “low cost, interoperable mobile acceptance solution” backed by the Indian government and developed by Mastercard, Visa and National Payments Corporation of India (NPCI)…. More

    Google Home owners get voice commands for grocery shopping

    February 17th, 2017

    Owners of the Google Home speaker powered by Google Assistant can now buy groceries using voice commands. “Order from participating Google Express retailers, including Costco, Whole Foods Market, Walgreens, PetSmart, Bed Bath & Beyond and more than 50 other national and locally available retailers,” Google says. “Over the coming months, we’ll add new features and enable purchases for other apps and services.”

    Fashion retailers test smart mirrors for mobile payments

    February 17th, 2017

    Fashion retailers Ralph Lauren and Rebecca Minkoff are testing smart dressing-room mirrors that will soon allow shoppers to “wave their phones in front of the mirror and make a purchase using Apple Pay or Android Pay”, Bloomberg reports. The mirrors from Oak Labs read RFID tags on clothes and display complementary items, and allow customers to adjust the lighting and alert store assistants.

    IBM’s Watson integrates Visa Token Service to enable tokenized payments on connected devices

    February 16th, 2017

    IBM is to integrate Visa Token Service into its Watson IoT cognitive technology platform to enable payments to be embedded into “any device connected to the Internet of Things (IoT)”, with all of IBM’s Watson… More

    Jameson offers prizes with special NFC bottle

    February 13th, 2017

    Drinkers of Jameson Irish Whiskey can access prizes and giveaways by tapping their phones against an NFC tag placed on a special edition bottle marking St Patrick’s Day in Ireland. Jameson previously distributed 25,000 NFC bottle holders at the Melbourne International Comedy Festival in March 2015.

    Paytm targets 10m Indian mobile payments merchants

    February 13th, 2017

    Indian mobile wallet provider Paytm wants to increase the number of stores where its QR code-based service is available from 3.5m to 10m. “The number of offline merchants in November was close to 1 lakh (100,000) and the company had hired 10,000 field-force to ramp up the number of offline users post demonetisation,” Economic Times reports.

    Australian banks drop Apple Pay fee request to focus on iPhone NFC access

    February 13th, 2017

    The group of Australian banks arguing for the right to collectively negotiate with Apple over the introduction of Apple Pay in the country have dropped their request to jointly arrange how to “pass-through” additional fees… More

    Mobile to account for 28% of online retail spending in Europe this year

    February 13th, 2017

    More than a quarter of all online retail sales across Europe (27.9%) will be done using a mobile device in 2017, with UK consumers spending more money in-store, online and in-app using mobile devices than… More

    Australia’s retailers join the banks in their battle with Apple Pay

    February 10th, 2017

    The Australian Retailers Association (ARA) has come out in support of the group of four Australian banks seeking stronger negotiation powers with Apple over the introduction of Apple Pay in the country, saying they believe… More

    3bn digital banking users by 2021

    February 10th, 2017

    Nearly 3bn users will have access to retail banking services through smartphones, tablets, PCs and smartwatches by 2021, Juniper Research reveals, up 53% from 2017. “Usage will continue to rise as consumers increasingly opt for banks offering the convenience of rapid, multi-channel digital services,” the research firm says.

    Apple Pay most popular mobile payment service among US retailers, survey finds

    February 7th, 2017

    Apple Pay has the largest percentage of supporting US merchants with 36% accepting the mobile payment service today, up from 16% last year, research released by Boston Retail Partners (BRP) reveals. Some 22% of retailers… More

    Eight in 10 US consumers would prefer an Amazon Go automated store to traditional shopping

    February 7th, 2017

    Some 84% of US consumers say they would enjoy shopping at an Amazon Go automated store more than a traditional grocery store, but a fifth think they would lose out on traditional shopping experiences by… More

    Starbucks customers get voice ordering as mobile orders and payments continue to grow

    January 31st, 2017

    US consumers can now place orders from coffee giant Starbucks by speaking into the Starbucks iOS mobile app or to Amazon’s virtual assistant Alexa. The move comes as the company reveals that mobile orders made up 7% of all its US transactions in the last quarter, with mobile payments now accounting for 27%. More

    One fifth of global consumers have made an in-store mobile payment as China leads the way

    January 31st, 2017

    Nearly one fifth of global consumers (18%) have made an in-store mobile payment in the past six months, representing an increase of 10% from the same period in 2014, research released by trade body Mobile Ecosystem Forum (MEF) reveals. Chinese consumers lead the way, with 38% of them having paid with their phone at the point of sale — nearly double the global average. More

    PayPal’s mobile payments volume sees 55% increase in 2016

    January 30th, 2017

    Mobile payments accounted for a third of PayPal’s overall payment volume during the fourth quarter of 2016, the company’s CEO Dan Schulman has revealed, with the total volume of mobile payments increasing by 55% over the course of last year. More

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