Mobile Payment Magazine

Consumers and Mobile Financial Services – Free Report

Mobile phones have increasingly become tools that consumers use for banking, payments, budgeting, and shopping. Given the rapid pace of developments in the area of mobile finance, the Federal Reserve Board began conducting annual surveys of consumers’ use of mobile financial services in 2011. This 78-page report, “Consumers and Mobile Financial Services” (March, 2015) examines trends in the adoption and use of mobile banking, payments, and shopping behavior and how the emergence of mobile financial services affects consumers’ interaction with financial institutions.

NCR’s Aloha POS to Integrate with “Pay with OpenTable” Mobile Payment Solution for Restaurants

May 19, 2015 by Mobile Payment Magazine

NCR Corporation, maker of the popular point-of-sale (POS) system Aloha, and OpenTable, a leading restaurant reservations system with mobile payment capability, have teamed up to integrate OpenTable’s “Pay with OpenTable” app with the Aloha POS via NCR Hosted API platform, a cloud-based gateway that allows third parties to integrate, maintain and deploy their services across NCR’s installed base of point-of-sale systems. [Read more…]

Survey Finds Growing Opportunity for Mobile Payments at Restaurants

May 15, 2015 by Mobile Payment Magazine

Harbortouch, a national supplier of point of sale (POS) systems, published the results of a recent survey investigating the changing attitudes consumers have toward mobile payments technology. The results of the survey of 1,000 U.S. adults, fielded in April 2015, examined the current state of mobile payment adoption, and demonstrated a shift in consumers’ comfort level and acceptance, with a greater focus on interface and experience. [Read more…]

Full Society Restaurant Mobile Payment App Launches IndieGoGo Funding Campaign

April 17, 2015 by Mobile Payment Magazine

Up-and-coming tech startup Full Society has launched an IndieGoGo campaign to fund the final stages of development for its mobile payments app. The app’s primary purpose is for customers to pay their bill via mobile phone. However, once completed, the app also allows restaurant goers to donate to select charities.
[Read more…]

Visa “Tap to Phone” Adoption Grows Rapidly

Today, Visa announced that Tap to Phone has experienced a 200% increase over the past year.

Is Your Business PCI Compliant?

A simple guide answering some frequently asked questions as well as debunking a couple myths about PCI compliance.

Nets and Oberthur Technologies Offer Mobile Payments to Scandinavian Banks

Nets, a payments service provider in Northern Europe, and OT (Oberthur Technologies), a global provider of embedded security software products, services and solutions, are partnering to service banks with a financial platform to support future international mobile payment means in the Nordics.

Kohl’s to Launch Mobile Payments

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.

Apple in Talks with Banks to Develop Mobile Person-to-Person Payment Service – Update – NASDAQ.com

Apple Inc. is in discussions with U.S. banks to develop a mobile person-to-person payment service that would compete with PayPal Inc.’s popular Venmo platform, according to people familiar with the talks. The talks are ongoing, and it is unclear if any of the banks have struck an agreement with Apple, these people said. Key details […]