Apple killed the mobile wallet? No, not in the least

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Rob Stringer, the vice president of marketing and product development for Cortex MCP, believes there can and will be many viable secure and exciting wallets on operating systems and hardware stacks that remain open such as Android.

FEATURES


Omnichannel banking: A consumer-first, not bank-first, experience

Fırat İşbecer, Monitise SVP of sales and operations, examines some ways banks can build a successful omnichannel strategy and how mobile can influence it.

Why merchants should adopt a mobile wallet strategy

Michelle Evans, senior consumer finance analyst at Euromonitor International, states her case for why retailers need to have a way to reach consumers anytime and anywhere.

Panasonic gets into mPOS market

Company debuts the Toughpad FZ-R1, a tablet that features an integrated EMV reader and is also capable of accepting NFC-enabled mobile payments.

Webrooming: A new reality for retailers

Jordan McKee, a senior analyst on the 451 Research Mobility team, discusses how same-day in-store pickup options are working well for retailers who are offering it. Mobile can eventually play a large role in this recent trend, he wrote.

PayPal Here comes to Windows

The partnership between the two companies gives small and medium-sized merchants another option for mobile point-of-sale services as Microsoft positions its newest tablet as a commerce device.

Retailers seek to link the mobile and in-store experience for consumers

Consumer technology preferences are forcing merchants to rethink how they meet expectations.

Retail customer engagement comes into focus at NRF Big Show

Panelists discuss the need for merchants to build great experiences in physical enviroments and use mobile to enhance interaction.

Payments in 10 years: Very different

If the last 10 years has taught us anything, it's that disruptive technologies can shift the course of events in a way few would expect.

Mobile payments 5 for 5: Focus on loyalty and experience

It's time for a look back at the most-read articles on Mobile Payments Today in December, and what we can learn from them.

How Apple killed the digital wallet

Rick Oglesby, a senior research analyst for Double Diamond Payments Research, explains how Apple Pay changed the outlook for mobile payments.

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NEWS


Loyalty (and caffeine) continues to drive Starbucks' mobile success

The company soon will roll out its mobile order-ahead service to 600 locations throughout the West Coast.

Mobile use in car shopping rises dramatically

The increase in mobile device usage is being led by used car buyers, who showed the most significant increases in using smartphones and tablets for car shopping.

Ayden processed $25 billion in transactions last year

Based on figures from the end of 2014, the company has achieved an annualized run rate of $30 billion in transaction volume processed.

EMVCo to develop 3DS 2.0 spec for card-not-present payments

An enhanced EMV 3DS 2.0 specification will support additional data available during the transaction to enable more intelligent risk-based decisioning.

Polish banks confirm plans to launch HCE mobile payments

The FIs will use Visa's cloud-based payment specifications for their apps.

Uncertainty over contactless infrastructure boosting European mobile payments

At the end of 2013, there were 133 million contactless cards in issue in Europe.

Seventy percent of shoppers buying gift cards this year

Although other holiday retail signals are mixed, gift card spending is on the rise.

Global mobile NFC payments to exceed $130 billion by 2020

This equates to 254 million mobile users making five payments per month at an average of slightly less than $9 per transaction.

Regional transit app on the way for Chicago commuters

Cubic Transportation Systems will supply area local transit operators Chicago Transit Authority, suburban bus operator Pace, and Metra, the commuter rail system, with an integrated mobile application and system.

UK consumers want more mobile purchasing options, survey says

Some 47 percent of mobile users in the U.K. would like to use their mobile phone more to pay for physical or quasi-physical goods and services.

Mobile wallet adoption in APAC and Africa expected to boost NFC

The Global NFC Transaction Market is expected to post a staggering CAGR of 47.47 percent from 2015-2019.

Square reaches $100 million single-day sales milestone

Square also announced over 40 percent of its payment volume comes from sellers who process over $125,000 a year.

NFC, in-app purchases expected to drive mobile commerce transactions

Apple Pay is expected to drive NFC purchases together with a host of anticipated deployments by banks using solutions based on HCE technology.

US smartphone owners want to use Apple Pay and Google Wallet

Survey found some 30 percent of respondents want to use the mobile wallets but are unsure where they're accepted.

Real time payments coming soon ... or not?

A new report from Mercator Advisory Group considers opportunities in real-time payments for US service vendors and financial institutions.

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Interested in the projected growth of mobile payments, how the industry works, or who the major players are? We cover the industry stats and research reports that help you plan the future of your own business.