5068 Results from /payments
Retired Member
PayPal are bearish on cards - "Plastic Credit Cards Will Become Obsolete in 5 Years". Surprise, surprise! Considering that MasterCard are introducing a digital wallet fee which will affect mainly... PayPal (as well as their... plastic card launched just six months ago), that statement is not surprising. As Mark Twain put it, "the re...
25 July 2013 /payments Innovation in Financial Services
Teenage children of our friends taught me the most typical response they often give to their parents - stretched out index fingers and thumbs forming "W". "Whatever..." (If you then flip hands down, you get even more emphatic message - "Whatever, Mom!..") That's how the payment industry is approaching fraud and securit...
23 July 2013 /payments Innovation in Financial Services
In part 2 of my “Card Acceptance Matters” blog article, I discussed how card acceptance can lead to greater revenue consistency. In this article, we’ll take a look at how card acceptance can increase the likelihood of being selected as a supplier. In the study, more than half of Buyers surveyed indicated a preference for card-accepting suppliers. ...
22 July 2013 /payments
Today’s environment, corporates are able to process various types of payment transactions and submit them to the Bank for processing of Cash Management transactions. An Integrated Payments platform with a User Interface is offered to corporates where the customer can process an Integrated Payment File with multiple payment types such as Electronic...
Mobile payments are changing the checkout experience. This is valid for both in store transactions and for online ones. Payments, once limited to passive instruments like cash, checks and cards, can now be carried out with smartphones, which pack technologies that can be used for a variety of purposes, including marketing and identification purp
It’s a common scene: a customer waiting patiently for a card transaction to be processed. In most cases it only takes a few seconds, but it can certainly seem longer. While some staff may try and fill this time with chatter, merchants should be working harder to make these moments count to actively build a relationship and engender customer loyalt...
22 July 2013 /payments /retail Payments strategies 2015-2020-2030
In the wake of a recent Citizens Advice study* which revealed that that nine out of ten benefit recipients believe they will be unable to cope when Universal Credit is introduced, there is now an urgent need for both the Department of Work and Pensions and Credit Unions across the UK to consult with the e-money industry in order to gain a better u...
19 July 2013 /payments
Hello Google Wallet, your birthday was 2 months ago. I followed your birth on Youtube. You're the reason why I started to get interested in mobile payment. Before you came on stage, paying with mobile was something for children, such as downloading ringtones. Did I miss your birthday party? Or was it like this: You did not feel like celebrating. Y...
Financial institutions, venture capitalists and any organization that believes in mobile payments are busy building their vision for a mobile wallet. However, the majority of these groups are building a wallet and customer experience without giving any thought to the true enablers of a mobile wallet. This group is what I refer to as the merchants,...
18 July 2013 /payments
The rumours about iPhone and NFC are being circulated again. That caused a new wave of excitement within the NFC community where NFC-enabled iPhone is seen as the white knight. Yet, if (IF!) Apple introduces NFC on iPhone that won't change much, if anything at all. Here's why. The largest and the most compelling use case for NFC on a mobile phone ...
17 July 2013 /payments Innovation in Financial Services
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