Tag: mobile payment systems
By Chris Trlica
In the beginning, there was the cellular phone. Then arose a new kind of phone, from whence sprang generation upon furious generation of increasingly intelligent smartphones. Today, we are beset by a menagerie of portable devices, their displays ranging in length from thumb to forearm, but, crucially, each embedded with Read More
Statistics indicate that almost half of Americans walk around with less than $20 in their pocket. With so many ways to pay, including mobile payment systems, credit cards, debit cards and store-branded payments, is the retail industry on the verge of becoming cashless?
The fact is that cash will become less Read More
Reducing credit card and debit card fraud by implementing EMV chip card acceptance has become retailers’ top payment issue in 2016, but retailers are also busy with new data security enhancements such as point-to-point encryption and tokenization to better protect payment card data. That’s according to a new study released Read More
By John Wilson
When Mark Twain said, “Reports of my death have been greatly exaggerated,” he was not talking about cash, and he was certainly not living in Scandinavia, the northernmost corner of Europe where talk of “the death of cash” is far from an exaggeration in the face of the electronic payment Read More
Much has been written over the past several years about the new connected consumer. Pressure on retailers may never be greater to deliver on demands to provide better service, more educated sales associates, and merchandise available anytime, anywhere.
The way customers choose to shop is evolving as well. Show-rooming is transitioning Read More
Target may become the next entrant in the mobile wallet market, facing competition from the likes of Apple, Google, Samsung, and more recently, Walmart. In December, sources close to Target disclosed that the retailer’s new payment system is likely in the early stages of development. No launch date has been Read More
As 2016 swings into full gear, retail industry professionals want to know: what hot topics and significant trends will take center stage this year? Here are a few predictions for the retail industry trends of the new year:
1) E-commerce sales will continue to rise. According to the National Retail Foundation’s Read More
Apps can be downloaded and information can be uploaded, but trying to keep up with the demands of the Digital Age often means that people and resources are overloaded.
Though some might want to close their eyes, feign indifference, or ignore the latest call for updated technology, there is a new Read More