Mobile Payments
September 1, 2015 at 10:32 am
What do Under Armour and Starbucks have in common? More than you think. Retailers, you might want to pay attention — these companies are winning in mobile. Under Armour and Starbucks each have a keen eye on their core customer, both know how to build a grassroots following and, unlike many other brands, they know how…
August 28, 2015 at 11:34 am
PayPal is raising fees by up to 32 percent with the elimination of volume discounts. Sellers on eBay are particularly hit hard as the marketplace limits which payment methods they can offer for eBay transactions — and eBay just revealed yesterday it will no longer accept ProPay or Skrill, leaving many sellers in a tight…
August 17, 2015 at 4:33 pm
In a session last week at the eTail East conference in Boston, Richard Cohene, director of marketing at Beyond the Rack (BTR), a private shopping club that sells designer apparel, footwear and accessories, detailed the brand’s mobile strategy as well as offered tips to those in attendance on how they can best capitalize on the…
July 27, 2015 at 4:03 pm
CurrentC, an electronic payment system backed by many of the biggest retailers in the U.S., will begin a limited public rollout in August, Bloomberg News reported on Friday. The smartphone-based technology is intended to rival payment services from Apple, Google and Samsung, and an August launch would be in line with the "mid-2015" schedule the…
July 23, 2015 at 2:46 pm
Some of us remember those old-time grocery stores from our childhood that accepted only cash. Sometimes not having exact change meant redoing a part of your shopping on a different day or somewhere else. Thankfully, memories of those days are just that. Memories. The digital boom that happened in the last 25 years permeated retail…
July 15, 2015 at 3:57 pm
The freshness of mobile transactions has become both an asset and a pitfall. Mobile payments are on the rise. The ease of use and excitement of convenience allow for shoppers to feel differently about spending money. The ability to use an app on their cellphone that's already in their hand makes making payments not only…
July 10, 2015 at 2:02 pm
The checkout pages on shopping sites are getting more crowded, so American Express is creating its own real estate. The credit card company is introducing Amex Express Checkout, an alternative payment method its card members can use to more easily check out and pay on partnering websites and apps from merchants such as Ticketmaster, Newegg…
June 18, 2015 at 3:33 pm
In reflection of how valuable mobile wallet users are, Macy’s is enhancing its own wallet, which was introduced last year, to better guarantee its place on shoppers’ smartphones in an increasingly crowded space. Macy’s is enhancing its digital wallet with an eye toward reducing shopper dependence on paper coupons while boosting the retailer’s ability to…
June 9, 2015 at 2:35 pm
Apple is adding loyalty cards from top retailers to its Apple Pay mobile payments system and has changed the name of Passbook to "Wallet." In addition to linking debit and credit cards to Apple Pay accounts, users can now also include store credit cards from companies like Kohl's, J.C. Penney and BJ's as well as…
June 5, 2015 at 3:04 pm
In a January earnings call with investors, Apple CEO Tim Cook made a confident prediction: "2015 will be the year of Apple Pay," he said. Since then, the company has aggressively courted retailers — and claimed significant success. "We've spoken to all of the top 100 merchants in the U.S., and about half will accept…
