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2018: Retail will be driven by technological advances and payment transaction capabilities
2018 is here and the business outlook for retailers is looking positive despite what people may think. The New Year retail will be driven by technological advances and payment transaction capabilities, small-format shops will be in and ‘big-box’ shops are out, vast amounts of attention will be given to the omni-channel experience making it now [...]
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Stripe unveils new tool – Stripe Relay
Stripe unveiled a new set of tools, called Stripe Relay, for retailers that help them build native buying experiences within apps like Twitter. Think of it as a buy button that merchants can place in multiple platforms. With Relay, merchants can integrate with multiple platforms and sell their products with simpler buying experiences. The goal is [...]
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Samsung Pay: interview with EVP Injong Rhee
There has been a lot of enthusiasm for Samsung’s mobile wallet, Samsung Pay, and the ways in which it differs from other mobile payment systems. Samsung Pay launched in Korea last month, and the mobile payment solution has already proven its biggest advantage is its nearly universal merchant acceptance with both of NFC and MST(Magnetic [...]
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Android Pay launches in USA
Google is to (finally) roll out Android Pay, its one-touch payment app on Android devices – which competes directly with Apple Pay, in more than 1 million locations in the US. The payment service can be used through Android devices with near-field communication (NFC) technology and Google’s KitKat 4.4+ operating system. Android Pay will compete with Apple Pay [...]
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Banks hold key to mobile payment adoption
VocaLink has unveiled the Next Generation of Payments Report, an independent study conducted by Illuminas, into the mobile payment habits of more than 5,000 UK consumers. This is VocaLink’s second analysis of transaction trends since 2013, revealing that whilst mobile banking has officially ‘arrived,’ adoption of mobile payment technology is still lagging behind. Overall, consumers valued [...]
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