Apple Pay has the potential to influence the direction of a lot of things in payments, and today, we’d like to add “omnichannel” to the list. While the tech giant is brand new to payments, its ability to mobilize an ecosystem is above all others....
Last month, Amazon officially entered the mPOS market with Amazon Local Register, focusing on helping the local retailers get local sales data and, in turn, feed Amazon and use its platform offline. How big of a dent will the e-commerce giant make in space, and...
Meeting the needs of the omnichannel consumer is hard. Yet consumers have very little patience with merchants that can’t meet their needs. A new Vantiv Insight report provides new perspectives about why consumers give merchants a failing grade on their omnichannel report cards and what...
Online commerce has become more sophisticated over the years, with more and more consumers using the channel in new ways to buy and research products and services. And this is bolstering merchants’ need to build omnichannel strategies that include consistent experiences across both online and...
“Tokenization is a step towards the realization of a payment becoming embedded within a user experience,” says Paul Bridgewater, TSYS Group Executive, Global Product & Innovation. Now that Apple Pay has officially been announced, the pressure is on everyone in the ecosystem to think differently....
New York City’s two competing systems to pay for cab rides by mobile app have struck a truce, so passengers no longer have to guess which one works in what cab. On Wednesday (Sept. 10), VeriFone, whose Way2ride system worked in about half of NYC’s...
As the POS terminals evolve with the coming of feature-rich new payment devices, small businesses are gravitating toward adopting them, including cloud-based tablet solutions that crowd the marketplace. In a recent podcast interview, MPD CEO Karen Webster caught up with PayAnywhere CEO Marc Gardner to...
Keeping fraud, policy misuse and waste in check when it comes to corporate card programs can be quite the grueling and costly task. In fact, on average, companies attribute 3-5 percent of their annual spend to fraud, waste, and misuse, says Manish Singh, Vice President...
Say what you will about Apple, but when it throws one of its product rollout parties, almost everyone wants to play. With Apple’s first official step into mobile payments Tuesday (Sept. 9) and the unveiling of Apple Pay, few in payments wanted to be excluded....
