Mobile Payment Magazine

Kohl’s to Launch Mobile Payments

by

Kohl’s (NYSE: KSS) announced today the nationwide launch of Kohl’s Pay, a mobile payment option which integrates the Kohl’s Charge private label credit card into Kohl’s mobile app. Kohl’s Pay allows more than 25 million active card holders across the country to pay for their in-store purchases with their Kohl’s Charge card directly from their mobile device. Kohl’s Pay also its customers to apply their Kohl’s offers, Kohl’s Cash and Yes2You Rewards with a single transaction right from the mobile device at checkout.

“Kohl’s Pay truly redefines convenience for our loyal Kohl’s Charge customers by simplifying the checkout and payment experience – making it easier than ever to shop in store this holiday season,” said Ratnakar Lavu, Kohl’s chief technology officer. “We’re combining value and convenience by bringing together the incredible savings opportunities that our customers love like Kohl’s Cash and our Yes2You Rewards loyalty program with the ability to pay with a Kohl’s Charge, all from your mobile device.”

Integrated Commerce Experience

With Kohl’s Pay, savings opportunities are organically built into the experience, allowing customers to automatically redeem offers, Kohl’s Cash and Yes2You Rewards that are saved in their mobile wallet and pay for their purchases with their Kohl’s Charge in one transaction. Additionally, every Kohl’s Pay transaction is stored on customers’ mobile devices allowing them the opportunity to easily make a return or an exchange right from the Kohl’s App.

How It Works

To use Kohl’s Pay in store, Kohl’s customers save their Kohl’s Charge information to Kohl’s Pay within the Kohl’s App on their iOS or Android device. To pay for their purchase at checkout, customers can launch the Kohl’s App and select Kohl’s Pay from the menu options to bring up the Kohl’s Pay QR code reader. Once a QR code appears on the customer display at point of sale, customers can scan the code using their mobile device, apply their savings offers and Kohl’s Cash then tap approve to complete their transaction using Kohl’s Pay.

Source: Business Wire

Why Google Wallet Will Own the Mobile Payment Space

by

Almost four months after Google first revealed its new mobile payments application, Google Wallet, the app is finally rolling out to the masses this week. Unfortunately, only a few smartphones – including the Samsung (SEO: 005930) Nexus S and Nexus S 4G – currently have the revolutionary chip built in. That’s why competitor services like PayPal, Square and the ISIS platform from Verizon, AT&T and T-Mobile are hoping to swoop in and corner the mobile payment market. And many experts are predicting that they could do just that. But they’re dead wrong!

I’m not convinced that any of these services can compare to what the Google Wallet platform has to offer. And here are three reasons why…
[Read more…]

CHARGE Anywhere Announces PA-DSS Application Certification for Windows Mobile

by

CHARGE Anywhere a provider of secure mobile payment and payment gateway solutions, announced today certification with Payment Card Industry Standard Security Council’s (PCI SSC) Payment Application Data Security Standard (PA-DSS) program (previously called the Visa Payment Application Best Practice (PABP) Program) for version 2.0.0.17 of the CHARGE Anywhere Payment Application for Windows Mobile.

With CHARGE Anywhere Payment Application for Windows Mobile merchants can effortlessly turn any Smartphone or Tablet into a fully functional and secure point-of-sale terminal. The Windows based credit card processing solution allows businesses to securely process and manage credit card transactions from their mobile devices.

“Certification with Payment Card Industry Standard Security Council’s Payment Application Data Security Standard (PA-DSS) program demonstrates CHARGE Anywhere’s ongoing commitment to maintaining a secure and reliable platform that assists merchants in protecting themselves against unscrupulous hackers intending to steal valuable information,” said Paul Sabella, President and CEO. “CHARGE Anywhere is pleased to be able to offer our customers products and solutions that meet the industry’s highest level of security.”

The PCI SSC developed the PA-DSS based upon the Visa Payment Application Best Practices (PABP) to direct software vendors to create and maintain secure payment applications to reduce vulnerability of merchants and minimize data breaches. Compliance with the PA-DSS is determined based upon data and information developed by an evaluation of the application by a Payment Application Qualified Security Assessor approved by the PCI SSC. Today the adherence to PCI DSS is mandatory for banks, processing centers, financial organizations and merchants working with payment brands.

CHARGE Anywhere’s distinct mobile point-of-sale solution for iPhone, BlackBerry, Android, Windows Mobile, Java and Brew Platforms, allow users to process payments securely and in real-time. The exclusive solution allows users to capture and download mission critical business data above and beyond traditional credit card data such as signature, invoice number, employee number, tips, GPS location and more. CHARGE Anywhere’s solution also has the capability to eliminate the need to store paper receipts with electronic signature capture, storage and retrieval.

Source: PR Newswire