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Recent blog posts

I had a call with an industry colleague earlier today talking the recent news on GMail Google Wallet integration, Dwolla's funding round and the "Square Cash" announcement. At large I'm seeing two broad industry responses to these moves.

The first, is to see this all as a distraction from mainstream banking and that essentially all these new players are just competing between themselves for marginal business, here's a few notable examples:

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Consumers in Europe did 19 million transactions with Visa-branded contactless bank cards in March, up by nearly 50% from December, announced Visa Europe Tuesday, which predicts monthly transactions will increase to 52 million by the end of 2013.

Visa noted there are now 58 million contactless cards running its payWave contactless application in Europe and 797,000 point-of-sale terminals that accept it, led by such countries as the UK, Poland and Spain. All or nearly all of the terminals also accept MasterCard PayPass.

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Consumers in Europe did 19 million transactions with Visa-branded contactless bank cards in March, up by nearly 50% from December, announced Visa Europe Tuesday, which predicts monthly transactions will increase to 52 million by the end of 2013.

Visa noted there are now 58 million contactless cards running its payWave contactless application in Europe and 797,000 point-of-sale terminals that accept it, led by such countries as the UK, Poland and Spain. All or nearly all of the terminals also accept MasterCard PayPass.

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The Mobile POS market will surpass $2 billion in hardware/software sales in North America in 2013, and 28% of North American retailers plan to adopt Mobile POS in some form by the end of 2013, according to research from IHL Group

But while the market appears to be buzzing, the growth curve is far from linear, with 33% of retailers not planning to adopt Mobile POS at all within the next 3 years.

The adoption rate is very dependent on the type of retailer and volume of transactions, says Greg Buzek, president of IHL Group.

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Release 1.10 focuses on improving chargeback management and the addition of ID Analytics and Experian/192 to the partner portofolio.

Palo Alto, CA (PRWEB) May 21, 2013

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Secure online payment technology supports ecommerce within large-scale health and wellness programs

ORLANDO, Fla. (PRWEB) May 21, 2013

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By This email address is being protected from spambots. You need JavaScript enabled to view it. nfcworld.com21 May 2013, 12:12 • Last updated 21 May 2013, 12:12

Narvesen's NFC sticker based loyalty program in action

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By This email address is being protected from spambots. You need JavaScript enabled to view it. nfcworld.com21 May 2013, 12:12 • Last updated 21 May 2013, 12:12

Narvesen's NFC sticker based loyalty program in action

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National Debt Relief publishes an article that warns consumers about the consequences of using prepaid debit cards over checking accounts.

New York, NY (PRWEB) May 21, 2013

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US e-commerce sales increase year-on-year to US$50.2 billion

(PRWEB UK) 21 May 2013

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New-York-Tummy-Tuck.com is a brand new, one-stop-website that compiles everything a patient needs to know about the popular Tummy Tuck procedure.

New York, NY (PRWEB) May 21, 2013

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Posted by on in Latest News

Global provider of open Cloud Commerce technology and services BlueSnap has released SnapConsole, a newly designed management console and user-friendly platform which allows merchants start selling online.

Via SnapConsole, any merchant can gain access to BlueSnap’s global payment processing network, along with the e-commerce offering and e-marketing tools all designed to convert more shoppers to buyers.

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A survey published by digital security specialist Gemalto has shown a high demand for contactless and NFC payments in Dubai, with 85% of those polled saying they would 'like' or 'love' to use their mobile handset as a contactless payment method and 72% seeing no obstacle at all when using mobile NFC.

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A survey published by digital security specialist Gemalto has shown a high demand for contactless and NFC payments in Dubai, with 85% of those polled saying they would 'like' or 'love' to use their mobile handset as a contactless payment method and 72% seeing no obstacle at all when using mobile NFC.

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Brown Trucking selects Comdata Corporation to provide fleet payment solutions.

Brentwood, Tenn. (PRWEB) May 21, 2013

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More than half (53 percent) of the UAE consumers have declared they want to switch to a better bank after suffering poor customer service, recent data indicate.

According to a survey carried out by iProspect and Arabian Business, poor customer service and high transaction fees are key reasons for consumers wanting to make the switch. However, the same source shows that complicated administration has prevented many customers from making any change, with 36 percent of consumers mentioning they have not switched due to a lengthy paperwork process.

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Gentag GT-601v2

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Gentag GT-601v2

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Posted by on in Latest News

US-based global technology company NCR Corporation has entered an agreement with mobile payments start-up LevelUp to integrate the latter’s mobile payment and loyalty solution into NCR’s restaurant POS systems.

LevelUp will initially interface with the NCR Aloha POS using a site-based integration, while in parallel developing its solution for deployment via NCR Cloud Connect. LevelUp will integrate into Cloud Connect, a new hosted infrastructure that will allow leading third parties to integrate, maintain and deploy their solution across NCR’s install base of locations on the Aloha, Radiant POS and Advanced Restaurant System platforms.

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US-based mobile payment company Tabbedout has teamed up with Google to provide Google Wallet as a payment option in the Tabbedout app for Android.

Under the agreement, at Tabbedout locations, consumers will be able to pay from their phones using their Google accounts. For a limited time, when a user pays with Google Wallet in the Tabbedout app, they'll get USD 7 off their next tab. This offer will be sent to the user automatically, stored in their digital wallet and can be redeemed instantly off their next tab.

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