Will Apple Touch ID-enabled mobile payments reduce interchange rates?


At least one merchant services provider believes the card networks should consider it to stay relevant as more payment providers, and alternatives such as Bitcoin, enter the market.


#CONNECTsummit14: The analyst's view: think mobile first

Michelle Evans, senior consumer finance analyst at Euromonitor International, shares her key takeaways from last week's conference.

Ukrainian company wants patrons to Settle bill with new mobile app

Advice Wallet Inc. is set to test a mobile payments service that will enable users to pay their restaurant check without waiting for the wait staff to arrive.

Mobile presents threats and opportunities for self-service kiosk market

Smartphone devices and apps changing how consumers interact with machines.

Have the mobile wallet wars ended?

Remember the not-too-distant past when all of the talk in our industry was around who would win the mobile wallet war? Would it be the banks, the merchants or the third party providers? In the battle for supremacy, fast forward...

No widespread mobile ticketing a glaring omission

For as much energy as this industry spends on the mobile payments hype machine, we tend to forget the smartphone can solve minor issues that can result in better consumer experiences. Mobile ticketing is one area most companies choose not...

Mobile payments taking off in the UK

A number of mobile initiatives in the UK is driving consumers there to use their smartphones for payments.

Malauzai sees surge in mobile check deposits

Growth expected to continue as consumers grow more comfortable with mobile banking.

Study finds small business mobile banking services lacking in US

Aite Group report says small business clients need more than warmed-over consumer banking apps.

Will mobile-only banks become disruptive?

Virtual banks appeal to the young demographic, but it's too soon to say if they have staying power.

Starbucks reports continued growth in mobile app usage

Digital initiatives will help coffee chain navigate changing retail landscape, CEO says during earnings call.

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Square updates Cash app; seeks more funding

Users can now send funds via text or email as company redesigns service with better transaction notifications.

Istanbul, Mexico to experience VeriFone's mobile taxi services

Company stands to provide more than 20,000 additional taxis with secure, in-taxi and mobile payments, mobile hailing and booking, and interactive digital signage content.

ShopSavvy gives consumers expanded retailer tracking

Company updated mobile app to give consumers the ability to track sales from their favorite brands and merchants.

Social gifting company eGifter launches embedded coupon service

Consumers will receive the latest deals from participating retailers through the eGifter mobile app.

Augmented reality comes to Westpac New Zealand mobile banking

Westpac New Zealand is set to launch a new mobile banking app that will use augmented reality to enable its customers to view account information on their smartphone screen through the device's camera, according to multiple reports. Users place their...

Business app provider selects ROAM for mPOS services

ROAM, part of Ingenico Mobile Solutions and a mobile commerce platform provider, announced today that its mCommerce platform was chosen by Leapfactor, a software company and provider of business apps, to integrate mobile payment acceptance into its vertical-specific business applications,...

MyCheck's full integration with POSitouch aimed at restaurants

MyCheck has announced a complete integration into POSitouch point-of-sale software for quick-service and full-service restaurants. According to a news release, the MyCheck install onto POSitouch systems is done remotely and involves the implementation of a button straight onto the payment...

PayByPhone adds parking app to Amazon Appstore for Fire phone

PayByPhone announced this week its mobile parking payment app is available in the Amazon Appstore for Amazon's new Fire phone, as well as Kindle Fire devices, according to a press release. The Fire phone's NFC capability will work with PayByPhone's...

Fresh To Order intros mobile payments, loyalty app

Fresh To Order has introduced a new mobile app that allows guests to pay for their meals and earn rewards. The Fresh To Order App is now available through the Apple App Store and Google Play for iOS and Android platforms. For a limited time, guests can get a $3 credit at sign-up and earn an additional $2 credit by referring a friend.

Target app uses image recognition to speed mobile purchases

Earlier this week, Target unveiled its new iOS app "In a Snap," which lets users scan images of products in an advertisement and either purchase them or save them for later.

Payments firm World First launches app for currency transfers

U.K.-based payments firm World First today launched a mobile app that enables users to make currency transfers from a portable device, according to a press release. “With the World First Money Transfer App, our clients will now be able send...

Mobile security company XRomb announces patent for entering payment card details

XRomb Inc., a mobile and Web commerce security company, this week announced that the U.S. Patent Office has issued it a patent that covers what it describes as "the most user-friendly way" of loading credit card information into mobile-commerce applications...

Braintree releases new SDK to add full PayPal support

Payments platform Braintree this week released a new SDK that introduced full PayPal support for its clients. Braintree joined the eBay family when it was acquired last year. "Supporting PayPal as a payment method in the Braintree Gateway has always been one of the most frequent requests from our customers," the company wrote in a blog post.

Seamless has Swedish consumers covered with mobile payments for parking

Sweden-based Mobil Park announced Monday a partnership with Seamless to use the SEQR product to enable commuters to pay for parking with a mobile phone, according to a press release. Mobil Park plans to roll out the service in the...

Report says most millennials are using mobile retail apps

CFI Group has published its Retail Satisfaction Barometer, which reveals consumer expectations during the shopping process, specifically noting the popularity of mobile technology. The report uncovered that the use of mobile applications for shopping purposes doubled in the past year,...

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