Archive | Mobile Payments

Cashless Payments Conquering Vending Machine Industry

Cashless Payments Conquering Vending Machine IndustryUSA Technologies, a provider of wireless, cashless payment and M2M/IoT solutions, has just published data from its 2015 Cashless Knowledge Base Study.

Based on the findings presented, a cashless payment platform can indeed be instrumental in driving additional revenues.

One of the highlights of this year’s study shows average cashless usage at locations equipped with USA Technologies’ ePort Cashless Payment System went up to 37 percent during a recent one-month period from 32 percent during a similar one-month period a year earlier.
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Cole Haan Delivers Apple Pay Into Mobile App Experience

Cole Haan Delivers Apple Pay Into Mobile App Experience Cole Haan, the  American lifestyle footwear and accessories brand, has just launched Apple Pay within their mobile shopping application.

According to details shared with MMW, the move will allow customers to make purchases with one touch.

Cole Haan, we’re told, is the first lifestyle brand to adopt this contactless payment technology within a single branded application experience.
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Apple Pay Blasts Off for NASA

Apple Pay Blasts Off for NASAApple Pay, the mobile money platform introduced by Apple last year, has reached a level of popularity that can only be described as “out of this world.”

Perhaps that’s why NASA is the among the latest supporters of the payments platform.

On Tuesday, Apple augmented the list of organizations and financial institutions to adopt Apple Pay. And among the most obvious additions is the NASA Federal Credit Union.

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Grande Screw Ups: Starbucks Mobile Pay App Fraud Has Customers Steamed

Grande Screw Ups Starbucks Mobile Pay App Fraud Has Customers SteamedYes, I’m that person. The customer who insists on a receipt after every debit card purchase. Sure, it’s a waste of paper. But if my purchase for $12.11 shows up on my account as a debit of $1211 — what do I have as evidence?

After all, it took Jean Obando two weeks to get back $550 in fraudulent charges that came via his Starbucks mobile app.

The Starbucks app needs tightening up, since thieves (who probably don’t even like coffee) are using it as a gateway to rob money from consumer credit cards, bank accounts, and PayPal accounts. And this week, Starbucks admitted it.

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Cardmembers Poised to ‘Discover’ the Latest in Contactless Mobile Payments

Cardmembers Poised to 'Discover' the Latest in Contactless Mobile PaymentsDiscover has just revealed that it has secured an agreement with Apple that will let Discover cardmembers (those in the U.S., at least) to make contactless payments in participating stores through Apple Pay.

It’s yet another major financial services giant to warmly embrace Apple’s red-hot mobile payments platform.

“As the mobile payments landscape matures, Discover remains committed to giving cardmembers secure options for using their cards and mobile devices,” said Diane Offereins, Discover’s president of payment services. “Discover’s focus on simplicity and value for our cardmembers aligns well with the way Apple Pay makes purchases easy and convenient.”
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Metra to Begin Marketing New Mobile Payment Option

Metra to Begin Marketing New Mobile Payment OptionAccording to Chicago media reports, Metra will soon roll out a new mobile ticket-purchasing platform for commuters that will be a game-changing resource for train passengers.

The system in question, which is set for release this summer, will enable riders to purchase tickets directly from their mobile devices.

To promote the upcoming app, Metra is increasing its penalty for onboard purchases to discourage riders from paying with cash after the app is released, according to a Jan. 23 Metra press release. The app is expected to help in the development of a regional app that is being created in conjunction with the Chicago Transit Authority and Pace bus service.
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Square Cash ‘Open for Business,’ Says Mobile Payments Giant

Square Cash 'Open for Business,' Says Mobile Payments GiantThere was a time, in the not so distant past, when Square was the preeminent giant of the mobile payments world. And while its formidable presence persists, numerous competitors have made the mobile payments industry far more competitive than many could have predicted only a short time ago.

With heavyweights like Apple Pay and PayPal growing by leaps and bounds every month, it comes as no surprise that Square is ready to step up its game.
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