First Data to acquire gift card platform Gyft

First Data has announced the acquisition of Gyft Inc., a digital platform that enables consumers to buy, send, manage and redeem gift cards using mobile devices. Financial terms of the deal were not disclosed.

FEATURES


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.

The Starbucks mobile wallet: Will fantasy become reality?

Mobile Payments Today Editor Will Hernandez believes robust rewards could help such an initiative take off.

App overload: mobile payments adding convenience or confusion?

Ron Herman, Founder & CEO of Sionic Mobile, urges mobile-payment app providers to focus on the customer experience first.

Consumers want three main things from mobile payments

Kristen Gramigna, chief marketing officer for BluePay, gives some insight into what she believes works at the point of sale.

Leave my physical wallet at home? No thanks

Mobile Payments Today Editor Will Hernandez addresses one particular marketing issue that is backfiring on mobile wallet providers.

Restaurants seek to enhance in-store experience through customers' smart devices

Executives from White Castle and Dave & Buster's gave their take on the issue at the NRA Show.

CashStar lights the path with digital gifting

CEO Ben Kaplan discusses the role gift cards can play in mobile payments.

MCX wants to be the world's most accepted mobile wallet

Company executive sheds some light on merchant consortium's plans.

Want to connect with customers? Think mobile first. [infographic]

Most Americans now own a smartphone and are using them to shop and eat out.

CONNECT 2014 Mobile Innovation Summit (preview)

The smartphone has revolutionized the way we communicate, search, shop, share, purchase and stay connected. What were only concepts 10 years ago are reality today.

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NEWS


Amazon set to launch Square-like mPOS device

Amazon is reportedly about to launch its own mobile point-of-sale device, similar to Square and PayPal, according to a report from 9to5 Mac. The publication got its hands on an internal Staples document that showed an "Amazon Card Reader" that...

Starbucks continues mobile payments growth

Mobile payments accounted for 15 percent of Starbucks' total U.S. revenue, the coffee giant said Thursday during its third quarter earnings call. CEO Howard Schultz told investors during the call that there are 12 million mobile app users in the U.S.

LoopPay secures investment from Visa

LoopPay, a mobile wallet platform provider, today announced it has received an investment from Visa, according to a press release. The investment is part of a larger strategic funding round for LoopPay, announced earlier this month, which includes Synchrony Financial...

SK Planet Slydes into the US with new mobile shopping app

SK Planet Inc., the U.S.-based mobile-commerce subsidiary affiliated with wireless giant SK Telecom, this week announced its beta launch of its touchless, beacon-enabled shopping experience through its Slyde mobile app, according to a press release. Slyde, which consumers can download...

ShopKeep adds new features to POS offerings

ShopKeep announced today the addition of new features added to its cloud-based point-of-sale software. The Check Management feature allows merchants to hold tabs open for customers throughout a shift and let them pay for their transaction when they are ready....

Synchrony Financial reveals strategic investment with LoopPay

Synchrony Financial today announced the completion of a strategic investment in LoopPay, according to a press release. LoopPay is expected to provide Synchrony Financial with special features and benefits for its cardholders and retail partners. LoopPay recently introduced the LoopPay...

'Dads and Grads' gifting period boosts digital card sales for CashStar

CashStar, a digital gifting company with over 300 retailer partners, today announced it achieved an 80-percent year-over-year increase in the number of digital gift cards sold in the month of June, according to a press release. The company contributed the...

Zapp adds 3 more companies to supports its mobile-enabled checkout process

U.K.-based mobile payments provider Zapp today announced its next round of network payment partners that are committing to support Zapp's rollout into the market, according to a press release. Secure Trading, TrustPay Global and Checkout.com will all work to support...

Digital Screenmedia Association hosting omnichannel digital consumer engagement symposium

The Digital Screenmedia Association will host its next DSA Symposium — featuring executives from PepsiCo-Frito Lay, Dave & Buster's, Top Golf and Fleishman-Hillard among its speakers — on September 22 and 23 at the Dallas Arboretum and Botanical Garden.

Stripe adds Alipay acceptance

Stripe today announced on its blog that it will give its merchant customers the ability to accept payments from consumers using Alipay, which is a third-party payment platform in China. "You won't need to change your integration: once you enable...

Apple share of mobile POS dropped 15.5 percent in Q1

While the overall market for mobile POS is growing, Apple's share dropped to 56 percent in Q1 2014, down 15.5 percent from its Q4 2013 share of 66 percent.

Social gifting company eGifter announces new product suite for merchants

Social gifting company eGifter announced today the release of a new digital gift card platform geared specifically for small and medium businesses that works as a hosted solution for both online and brick-and-mortar retailers, according to a press release. The...

USA Technologies makes cashless connections to 250K self-service machines

USA Technologies announced that connections to its ePort Connect platform for cashless self-service transactions passed the 250,000 mark in its fourth fiscal quarter which ends June 30. The company's ePort Connect is a suite of cashless payment and telemetry services...

Croatian telco develops NFC card reader for vending machines

Vipnet, a Croatian mobile telecoms operator which is owned by the Telekom Austria Group, has developed an NFC smart card reader for vending machine purchases, Telecompaper reports. Vipnet employees have been testing the smart card reader at the company’s Zitnjak...

European study says mobile shopping driving impulse buys

The growth in smartphone usage is driving impulse purchases, according to a new Europe-wide study of mobile usage conducted by global financial group ING. More than 139.5 million Europeans now regularly shop via mobile phone, with 42 percent of these...

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August 18-20, 2014 | Chicago

think mobile first.

CONNECT: Mobile Innovation Summit will explore the many opportunities that retail and restaurant enterprises have for leveraging mobile and digital channels to build their brands, increase sales and improve customer engagement, experience and loyalty. During this event, you will network, share ideas and learn from the brightest minds in the industry.