Point-of-sale

It's hard to come by hard data on consumers actually using mobile wallets to pay in stores, but these consumers do exist.

New technologies are allowing us to reimagine the entire customer payment experience.

Target Corp. is tight-lipped on the details of its proprietary mobile wallet, but reports of the retailer's plan for a software-based wallet app early next year are adding to the concern that the mobile wallet market is becoming oversaturated with options too early in its lifecycle.

With the zeal and thoroughness that the EMV transition has been discussed and covered over the past six months or so, you’d think it was the only technological innovation hitting payment cards in the marketplace.

London-based Powa Technologies has formed a 10-year alliance with China UnionPay to extend the PowaTag smartphone shopping app to CUP’s 1.3 billion credit and debit cardholders.

Following its promise to make mobile point of sale products a key revenue-driver for the company, Verifone Payment Systems released a new mobile card reader for independent and micro merchants.

One of the more perplexing elements of the slow, long-awaited march to EMV-chip cards in the U.S. is the lack of awareness that still pervades among merchants and consumers alike.

Despite the incessant fanfare around mobile wallets, biometrics and the Internet of Things, the slow-and-steady move to EMV security is in the spotlight of Verifone's revenue prospects in the coming year.

Even though Walmart has been a key member and driving force behind the Merchant Customer Exchange joint venture to establish a new mobile wallet, the retailer's addition of Walmart Pay to its mobile app is consistent with strategy, and will lead to a wave of individual bank and retailer initiatives.

One of the leaders of the retailer-driven Merchant Customer Exchange mobile payment system, Walmart is stepping out with its own alternative to Apple Pay, Samsung Pay and Android Pay.

The holy grail for any business is sustainable competitive advantage. In the fast-moving payments market, where we are seeing the challenge of near-constant technology-led change, this can appear both elusive and far-fetched.

As wearable computing transitions from fantasy to fashion, developers are starting to consider the distinct risks that arise when payments migrate away from smartphones.

Verifone has appointed former Oracle executive Christophe Job as a senior vice-president and chief technology officer in charge of global solutions delivery.

Merchants today face the daunting task of investing in several payment technology upgrades at once, and the confusion surrounding this process could bolster many pre-existing security vulnerabilities, argues point of sale security expert Chris Strand.

Innovation and flexibility aren’t attributes often associated with public transportation. But by deploying cutting edge open payment ticketing technologies, transit operators can give their customers greater flexibility and create a more engaging transit network.

The introduction of EMV cards didn't significantly slow transaction times at U.S. retailers during the Black Friday shopping event, but there are still many wrinkles to iron out at the point of sale.

The holidays are approaching, and mobile is going to play a bigger role in e-commerce than ever before. Last year, mobile holiday shopping traffic surpassed desktop for the first time and retailers are expecting even higher mobile traffic this year.

ShopKeep's most recent survey of its 20,000 merchant clients shows two mobile payment trends at odds with one another.

There is a whopping $630.5 billion bonanza of holiday shopping projected to occur this holiday season, according to the National Retail Federation. Though if retailers aren't ready to accept chip cards and mobile transactions, they could miss out.

Despite many merchants' resistance to the EMV migration in the U.S., the chip-card technology can become more appetizing when it is baked into another item on the terminal maker's menu.