Aaron Press Aaron Press is Founder and Managing Director of Point02 Advisors. Prior to that he was Lead Strategist, Payment Solutions, for digital security provider Gemalto, and Director of Market Strategy for Chase Paymentech
The ranks of POS payment aggregators – payment service providers (PSPs) that act as the merchant or record – are growing. Square, Intuit, and PayPal are the most visible players, and there are new market entrants on a regular basis. They are lured by the promise of a large untapped market and low cost of customer acquisition.
Capital One Bank has quietly launched Spark Pay, a mobile card acceptance product focused primarily on small merchants. At first glance, the program appears to be similar to systems from Square, Intuit, and PayPal.
MasterCard has opened a new front in the wallet war — a fee upon mobile wallet operators. The new "staged digital wallet operator annual network access fee" (SDWOANAF? A horrible acronym if ever there was one) is a kind of...
How many times have you seen a new report about a new method of payment that is going to revolutionize mobile ecommerce? It’s faster, it’s easier, and it’s designed for the mobile device. Now think about how many of those...
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