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Open Banking requires ‘Open Payments’ platforms to meet needs of connected customers
A report published today by payments processor RS2 warns that the payment industry must consolidate omni-channel payments, card payments, and direct-from-bank Open Banking payments into new ‘Open Payments’ platforms to... more
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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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Omni-Channel payments becoming a reality in Europe
First Annapolis recently completed a survey of 18 leading European PSPs and acquirers on the topic of omni-channel capabilities and proposition development. The research confirmed that omni-channel capabilities continue to... more
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Omni-Channel payments becoming a reality in Europe
First Annapolis recently completed a survey of 18 leading European PSPs and acquirers on the topic of omni-channel capabilities and proposition development. The research confirmed that omni-channel capabilities continue to be a high priority investment for payment acceptance providers and that many of these providers already provide elements of an omni-channel proposition to their customers, [...]
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Majority of retailers have yet to implement omni-channel payments
Despite the retail industry’s ambition to move to an Omni-Channel payments strategy, only a minority of retailers have completed an omni-channel payments program, according to a survey of nearly 100 retailers by PCM Research and ACI Worldwide. The research, titled Omni-Channel Payments for Merchants: Myth or Reality?, reveals that retailers face multiple challenges when it [...]
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