It’s the personal touch that generates repeat business
by Kylene Casanova
Old fashioned personal service is returning to the point of sale (POS) using a combination of mobile phones, iPads and the card schemes.
Payments - Receipts at POS
Background
Point Of Sale (POS) payments are no longer just over the shop counter, they also includes payments from sales on the Internet, on mobile phones and on many other devices. But whatever the POS,…
Read moreSquare introduces monthly pricing
by Kylene Casanova
Square commenced their merchant services in the USA with a flat 2.75% fee per swipe for mobile payments enabling anyone to accept credit and debit cards.
Access to 145 million active Chinese online shoppers via PAY.ON
by Kylene Casanova
PAY.ON have integrated China UnionPay (China CUP) and subsidiary ChinaPay into its PayPipe routing gateway. This development means that payment service providers and their merchants in the US, Europe and other parts
Cash is the fall back, cash is king
by Kylene Casanova
Fans attending the London Olympics football match between Team GB and the United Arab Emirates (UAE) at Wembley Stadium found that they could only purchase food and drink for cash after their card payments were reje
BofA Merrill expands Commercial Card coverage
by Kylene Casanova
New York and London: BofA Merrill today announced that its card solutions are now available in Argentina, the Czech Republic, Finland and Poland, as well as the Scandinavian countries of Denmark, Norway and Sweden.
mopay extends its mobile payments portfolio in the Middle East & North Africa
by Kylene Casanova
mopay, a global provider of online payment solutions, today announced the successful completion of its large-scale network extension initiative in the Middle East & North African (MENA) region.
In the UK customers are increasingly willing to use alternative payment methods such as PayPal, clai
by Kylene Casanova
According to the British Retail Consortium (BRC) non-card methods, mainly e-payment systems such as PayPal, Google Checkout and Amazon Payments, were used in UK for 150 million transactions, worth £1.2 billion, last
3.6% of all Internet payments are completed using iPad devices
by Kylene Casanova
The iPad is the world's most commonly used mobile device for payments, with users spending on average 20 percent more per purchase than on other mobile devices, according to a research conducted by Adyen, a provider
Although cash still dominates sub-Saharan domestic remittances, mobiles and mobile money are key eve
by Kylene Casanova
The Bill & Melinda Gates Foundation foundation commissioned pollster Gallup to carry out face-to-face interviews with 1000 adults in each of 11 sub-Saharan countries: Botswana, Congo, Kenya, Mali, Nigeria, Rwanda, S
A vital inflexion point in retailing is occurring right now. How are you ...........?
by Kylene Casanova
EBay's CEO believes an inflexion point in retailing is occurring. Consider:
Visa, MasterCard, banks in USA in $7.25 billion retail settlement over fixing credit and debit card
by Kylene Casanova
Visa Inc, MasterCard Inc and banks that issue their credit cards have agreed to a $7.25 billion settlement with U.S. retailers in a lawsuit over the fixing of credit and debit card fees in what could be the largest
Barclaycard releases latest version of ePDQ payment processing system
by Kylene Casanova
Barclaycard Global Payment Acceptance has launched a new version of its ePDQ payment processing system, which enables small, medium and large UK merchants to accept payments online or via telephone.
1.5% of airline online booking revenue lost to fraud. Customers happy to accept a robust screening w
by Kylene Casanova
Globally, 66% of airline merchants are seeing fraud levels stay the same or increase as they lose 1.5% of booking revenue to fraudulent transactions, according to the global Perfect Passenger Payment insights report
You have already have a POS terminal in your pocket/briefcase, you just need an adapter
by Kylene Casanova
Square were the first to develop an adapter (1) to enable the mobile phone to accept card payments(2), and also convert the iPad (3) and the iMAC (4) into a POS terminal:
Cheques in decline for ever, but will they never actually disappear?
by Kylene Casanova
In July 2011, the UK's Payment Council decided to abandon their plan to kill off the cheque.
GlobalCollect offers BOKU as mobile payment checkout to its merchant network
by Kylene Casanova
BOKU, Inc. and GlobalCollect , the leading provider of online payment services in the eCommerce market, announced today GlobalCollect has selected BOKU as its global mobile payments partner.
Types and volume of mobile phone transactions at point of sale are expanding everywhere. Raises key
by Kylene Casanova
New initiatives for mobile phone payments are announced every day, here are some recent ones:
It’s official: cash payments are making a comeback and credit card usage continues to fall
by Kylene Casanova
There are many examples of cash making a comeback at the point of sale, here are some:
Costs of payment collection at point of sale in UK: cash is cheapest and is, on average, 24 times ch
by Kylene Casanova
The British Retail Consortium (BRC) has been conducting their annual Cost of Payment Collection Survey, since 1999, of their members' costs of payment collection to provide participant members with key benchmarking
EBA CLEARING launches MyBank technical pilot
by Kylene Casanova
The new Online Banking ePayment (OBeP) systems allow consumers to make purchases using their most trusted financial institutions - their banks. With this approach, consumers don't have to share their personal inform
Contactless card usage and functionality is growing in UK, but very, very slowly
by Kylene Casanova
Today, upgrades begin across UK retailers and vending machines to raise the contactless card payment limit to £20 from £15.
PayPal comes to UK high street using in-store payments on mobile phones
by Kylene Casanova
PayPal has signed deals with four major UK high street retailers to enable PayPal account holders
HSBCnet Mobile service has been used to authorise USD 1.7bn of payments in first 25 weeks since laun
by Kylene Casanova
The HSBCnet Mobile service has one the largest coverage of any bank mobile service - in 65 countries world-wide. In the first 25 weeks since its launch, it was used to authorise USD 1.7bn of payments. Altho
Barclays enhances Pingit for paying and collecting bills using mobile phone
by Kylene Casanova
Barclays Pingit smart phone application for consumers to transfer cash between bank accounts simply by using phone numbers, see Figure, is now available to corporate clients to make and receive payments.