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Oct. 31, 2018
Garmin International Inc., Mastercard and FitPay Inc. announced that several top European banks, including KBC Bank and Insurance in Belgium, Rabobank and ABN Amro in the Netherlands and BNL Gruppo BNP in Italy will begin offering Garmin Pay contactless payment on Maestro cards.
Ten of Garmin's latest smartwatches have digital wallet and contactless payment features that allow consumers to make secure contactless payments at point-of-sale terminals that are enabled for near field communications.
Garmin Pay, originally launched in November 2017, allows users to make contactless payments without a wallet or mobile phone by integrating a digital wallet with Garmin Connect technology. The feature is available on 10 smartwatches, including the D2 Delta S, D2 Delta, D2 Delta PX, fenix 5S Plus, fenix 5 Plus, fenix 5X Plus, Forerunner 645, Forerunner 645 Music, vivoactive 3 and vivoactive 3 Music.
Garmin Pay is available in 26 countries through 200 issuers. Additional issuers will soon be added to the new contactless program, according to the announcement.
Garmin Pay uses FitPay's Token Requester Management Platform, which allows cardholders to securely add card information to devices using the FitPay token management solution.
Mastercard, in a February 2018 study, found that 24 percent of Europeans plan to use tap and go payments using a wearable smartwatch, key ring or bracelet. Contactless spending has jumped 145 percent since 2017 on Mastercard and Maestro.
Topics: Card Brands, Contactless / NFC, Mobile Banking, Mobile/Digital Wallet, Region: EMEA
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Oct. 31, 2018
McDonald's has partnered with Fleetcor to make the electronic toll-paying solution Sem Parar available for drive-thru customers in Brazil. The agreement allows Brazilian customers to pay using their voices for a more fumble-free experience for patrons there, according to a company press release.
Through the pact, Sem Parar payment systems will be installed at 350 Brazilian McDonald's drive-thru locations.
"We are very happy with this partnership because it makes the purchase process more convenient for clients, who are our main focus," Paulo Camargo, president of the Brazilian division of McDonald's franchisee, Arcos Dorados, said in the release "The customers can choose where to shop and how to pay. That allows for a comprehensive shopping experience."
The payment system allows customers to simply pay by saying, "I'm paying with Sem Parar." The bill is then paid automatically.
In addition to making the consumer experience more fluid, the agreement is strategic for both companies. For Sem Parar, it marks the company's entry into a new market segment and expands the portfolio of urban solutions to its more than 5.5 million customers. For McDonald's, it generates a unique customer experience through convenience and faster drive-thru payments, while enhancing consumer perception of its services as innovative.
Topics: Mobile Payments, Restaurants, Technology Providers, Transaction Processing
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Oct. 31, 2018
Mobile commerce platform Shopgate Inc. announced that it has become a select partner under the Magento Technology Partner Program, allowing Magento merchants to expand their mobile and desktop sites with mobile apps that connect online and offline transactions from frequent customers, according to a company press release.
Magento merchants will be able to directly engage their loyal customers on smartphones and other mobile devices, which company executives say will help boost retention rates.
"Together with Magento, merchants can now offer a seamless digital experience across desktop, mobile web and native mobile apps, whether solving for complex B2B process challenges or expanding B2C ominichannel strategy," Tiffany Spizzo, vice president of global business development at Shopgate, said in the announcement.
Merchants will be able to use segmented push notifications in order to create more targeted and relevant native app experiences, armed with demographic, location and user behavior, according to Shopgate.
Austin-based Shopgate said it already offers its mobile commerce platform to several Magento omnichannel and B2B merchants, including City Gear, Monin, Kicks USA, Alessandro and others.
San Jose, California-based software developer Adobe entered an agreement in May to buy Magento Commerce for $1.68 billion.
Topics: Loyalty Programs, Mobile Apps, Retail, Technology Providers
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