US Payments Forum Market Snapshot
Customers can unlock products on their own thanks to smart tags
Pressed for time, millennials consumers look for convenience and flexibility
CCV and PAX are forming a joint venture
Two thirds of UK consumers think so but chose convenience anyway
Mike Pulli assumes role of CEO at Verifone
Retailers should address low security expectations
Fine-tuning of the major rollouts has also started in Germany
Belgium clothing chain looks back with satisfaction
Many perceive a cash drawer as simply a metal box used for storing cash. While this discernment may be true to millions of shoppers it could not be any further from the truth for the shop owners. The European Central Bank’s November ...
The Kornhaus pharmacy in Leutkirch is the first pharmacy in Germany to use GLORY’S cash management system in conjunction with the Aposoft merchandise management system. The CI-10 payment solution from the cash management specialist’s ...
Mastercard announced that merchants in the U.S. and Canada can forego cardholder signatures for in-store credit and debit purchases, effective on April 13. The goal is to speed customers through checkout lines and give merchants greater control ...
Not again! I just want to make I quick bakery run and grab a roll. Do I have enough change in my wallet? No. What about my purse? Yes, I found two Euros! That should be enough. Otherwise, I would have had to get some cash first. When it comes to ...
A large portion of our days is spent on social networks, forums, blogs and messaging apps. There is still a lot of untapped potential for retailers who want to position themselves and their product choices in these settings. This applies especially ...
Credit card, PayPal, direct debit, pay by invoice or instant transfer – payment options for online shoppers drastically influence the buying decision process. Nevertheless, store owners still underestimate the importance of payment choices and ...
Customers should be able to finish their shopping as comfortably as possible. Contactless and mobile payment as well as self-checkout can contribute to this. The possibilities for retailers have evolved extremely quickly. EuroCIS shows the ...
At EuroCIS 2018, Verifone is presenting the extended Engage series, which takes up current retail trends such as digital signage and beacons. Markus Hövekamp presents the highlight of the product family - the portable terminal V400m. ...
The men’s clothing store engbers has recently completed the test phase of a new omnichannel solution for its in-store point of sale systems. Now the rollout starts in all 320 stores throughout Germany and Austria. The implementation primarily ...
Once it was multichannel, then omnichannel and now unified commerce. With new software options, all the functions of a customer journey are supposed to be apparently invisible and run from a single source. Jean-Marc Thienpont, Managing Director POS ...
New research from independent technical consultancy Consult Hyperion and tech PR consultancy CCgroup, reveals that major UK retailers are unaware, unprepared and paralysed ahead of the Second Payment Services Directive ...
Retailers are constantly looking for solutions that make payments easier and more automated. After all, an easy payment process also makes it easier to spend money, at least when it comes to small amounts and quantities. According to a study by ...
Online shoppers who don’t have a credit card, or prefer not to use one for purchases, can now use Amazon Cash to add funds to their Amazon.com Balance at almost 8,000 7‑Eleven stores in the U.S. The process is simple. To load money into ...
Visa, the exclusive payment technology partner at the Olympic and Paralympic Games, introduced three commercially available wearable payment devices. In the spirit of the Olympic Winter Games, Visa created NFC-enabled payment gloves, commemorative ...
Out in the field, new technologies hinge on whether the people who use them also accept and adopt them. In this conversation with iXtenso, Professor Ludwig Hierl points out that things are still amiss when it comes to mobile and contactless payment ...
Amazon Go and other ‘invisible payment’ technologies, aimed at reducing or removing physical checkouts from the retail experience, will process over 78 billion dollars in transactions by 2022, up from an expected 9.8 billion dollars this ...
Visa announced it is enabling Visa payments on Fitbit’s first smartwatch – Fitbit Ionic. Eligible cardholders of participating banks will be able to make payments with Fitbit Pay, Fitbit’s new payment function, when available. With ...
The bakery trade has a long history. The baker profession dates back more than 1000 years. Yet despite its proud past, bakeries have a difficult time these days because they have to increasingly compete against rival types of businesses. Many gas ...
Overstock.com announces an integration with ShapeShift, the world’s leading instant digital asset exchange, that allows customers to use all the major cryptocurrencies, including Ethereum, Litecoin, Dash, Monero, and the new Bitcoin Cash, ...
Visa announced its support of the new global QR Code Payment Specifications from EMVCo, the global technical body that manages the EMV Specifications. The specifications cover consumer-presented and merchant-presented QR code use cases for digital ...
CCV Germany wins the project launched by Tchibo to re-equip the new payment infrastructure of the Hamburg-based company. The CCV solution "hosted acCEPT", which consists of the terminal hardware "CCV Pad" in connection with the ...
Until recently, instant payment was a term only known to experts and also had many different types of definitions assigned to it. Here is an attempt to bring some order to this chaos and give an overview. What are instant payments? The van den ...
Digital money – also known as cryptocurrency – has finally made its way into the offline world. Since April, Japan officially recognizes online currencies as means of payment. Known as the “Bitcoin City”, the Dutch city of ...
APG Cash Drawer announced the addition of Lisa Hughes to the position of Distribution Channel Manager. In her role, Hughes will oversee relationships with channel contacts, specifically APG's distributors Ingram Micro, Inc. and ScanSource POS ...
Verifone's EuroShop appearance therefore has the slogan „Solutions for the Connected World“. Markus Hövekamp explains in the interview what this means for modern communication. ...
The brand new CCV Base Next convinces with its large memory capacity, a 4" color display and a fast printer. The CCV Base is attractive and really flexible because of its desktop and mobile usability. Wireless, mobile payment is possible ...
The German retailer Bartels-Langness Handelsgesellschaft (Bela) has selected Verifone (NYSE: PAY), a world leader in payments and commerce solutions, to enable shoppers in Germany with smart, interactive experiences at checkout including special ...
“Solutions for the Connected World” is Verifone's motto at this year's EuroShop in Düsseldorf. The world’s leading provider of electronic payment systems will present the solutions for digital change in the payment ...
Andrew Carr is no stranger to nor fearful of change. He brings 25 years of experience in multiple technical and commercial leadership positions within IBM and from 2012 forward – continuing through his IBM division’s sale – in ...
Mobile payment options with smartphones have not comprehensively made their way into brick-and-mortar stores yet, at least not in Germany. On the other hand, interest in biometric payment systems is growing. Today, many users already unlock their ...
The latest publication from yStats.com, “Europe Online Payment Methods: First Half 2016,” shows gradual shifts in the payment method preferences of online shoppers. The Germany-based secondary research firm’s report tells of ...
Cash, yes or no? Opinions differ on this. While some would like to replace it with alternative payment methods like credit cards or the smartphone right now, cash remains the preferred payment method for others. Even though paying without coins or ...
The politically driven revision of electronic payment transactions prompts action in the German payment market: national payment procedures increasingly compete against international payment services and new, contactless payment options. Having ...
Almost 30 million Americans received a new chip-enabled credit card over the past six months, according to a new CreditCards.com report. At present, 70% of U.S. credit cardholders have a chip (EMV) credit card, 15% do not and 14% are not sure.
Sweden is on its way to becoming the world's first cashless society, thanks to the country's embrace of IT, as well as a crackdown on organized crime and terror, according to a study from Stockholm's KTH Royal Institute of ...
To empower merchants, acquirers, and service providers with new commerce opportunities and experiences in store and protection against escalating security threats Verifone announced Verifone Engage. The next generation family of payment ...
A gift shop owner told Congress today that making the change to chip-and-signature credit cards has been “overwhelming” for many small businesses and that owners are disappointed that without PINs they are being pressured to make an ...
Invoice, PayPal, direct debit und instant transfer are the preferred methods of payment of German customers in eCommerce. Several studies over the past few years have also shown: offering convenient payment methods has become an especially important ...
One of the most common questions regarding the use of tablets and smartphones in mobile POS systems is, “How secure are they?” The answer depends on the installation. The PCI (Payment Card Industry) list of validated applications so ...
Savvy internet shoppers are enthusiastically adopting new payment technology to speed up payments and ensure their transactions are secure. Now the pioneering technology-led international courier ParcelHero says SMEs and start-ups must ...
Computop, a leading global payment service provider (PSP) has signed an agreement with global payments specialist ACI Worldwide to provide merchants an integrated online payments and fraud prevention solution powered by ACI's ReD ...
