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Retail
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After PayPal launched a program last week offering free transaction processing for merchants who switch to its point of sale card reader, Square hit back yesterday by announcing it will be offering a P2P payments service via email.Be the first to comment
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The bank has launched its first mobile app after intensive customer research.
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With Google Wallet under-performing in the last couple years, Google is now integrating its wallet into Gmail to allow users to send money through the popular email service.
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With more customers interacting with their financial institutions through the mobile and online channels, new marketing solutions targeting these digital customers emerge at Finovate Spring.
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After filing an application for a mobile wallet patent last month, Amazon continues to make moves in payments by adding a new digital currency, Amazon Coins, for its app store.
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The card scheme is enhancing its Visa Offers rewards program to include customizable content and real-time offers.
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Google says frequent smartphone users spend 25% to 50% more while shopping than moderate smartphone users do.
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The Canadian bank announced its mobile payments app will now be available for Android smartphones.
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Osama Bedier, the head of Google Wallet, has quit the company after two years in charge in which the solution has failed to gain widespread appeal.
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A new report by Javelin says there are nearly 20 million merchants who could start accepting card payments as a result of wider adoption of mobile POS solutions.
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Trends in mobile banking were a big topic at the CEB Tower Group Financial Services Technology conference.
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In a recent survey by Accenture, smartphone owners picked security as their top concern in adopting mobile payments, and showed interest in value-add features for mobile payments like coupons and rewards points.
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The greater flexibility provided by API technology means banks can quickly provide the kind of product customization and experience customers expect. This depends on open infrastructures and data feeds.
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This week saw more major movement in the ever-growing mobile payments space.
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The payments company has formed a partnership with Chilean payment network Multicaja to allow businesses that accept international payments via PayPal to withdraw their funds directly into their local bank accounts.
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A new Javelin report forecasts payments trends at the point of sale over the next few years, with growth expected in mobile payments and further decline in cash and checks.
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A report on the state of multi-channel banking by Forrester also found that many banks are unprepared to support multi-channel initiatives.
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Marketing offers for consumers based on transactional data gives banks an opportunity to draw revenue from retailer partnerships.
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Should banks view other service providers in the mobile payments market as friends or foes?
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Walmart announced today that it is expanding a "scan and go" self-checkout initiative that uses Walmart's app for Apple devices, and plans to add Android devices as well.
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PayPal launched an iPad version of its PayPal Here mobile mobile card reader solution that competes directly with Square’s card reader.
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In-store branches, which generally tend to be low-deposit locations, have decreased by 4.6 percent since 2011.
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Fiserv's integration of Popmoney and Mobiliti is intended to enhance the functionality of mobile banking while expanding reach of Popmoney payments network.
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After cutting its profit outlook for the next quarter analysts are questioning the management of payments hardware provider Verifone as to how they could have been so far off on their profit estimates.
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The company has expanded its partnership with Twitter, which previously consisted of a daily deals program, to include the ability to buy products.
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