Apple Pay's 'Airplane Mode' Charts a Cautious Course
Apple Pay has begun its foray into airlines, deploying about 3,500 iPad minis that can accept mobile payments, but it is making a slow approach to the industry.
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The Australian market has used EMV-chip cards for more than a decade, necessitating a very different approach to the mobile point of sale. more »
Images: Bloomberg News
"Amex is nothing if not resourceful," said Kenneth Chenault, chairman and CEO of American Express.
American Express will certainly suffer when its 16-year cobranding deal with Costco ends in 2016, but its executives will spend the next year building up the card brand's digital payment products to create enough opportunities to ease the company's short-term pain and guarantee its long-term health. more »
CardFlight has updated its SwipeSimple mobile point of sale device, which allows merchants to take payments and manage their business from smartphones and tablets. more »
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Mobile wallets are typically designed to be most useful at the point of sale. Israeli location-based technology vendor WiseSec sees an opportunity to extend a mobile app's utility throughout the store by using beacons that can sense how far away a shopper is. more »
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Merchant acquirers can learn a lot from their new competitors about how to stand out in a crowd where everybody appears to be the same. more »
Image: Thinkstock
Mobile payments provider Spindle signed an agreement with Transaction Data USA, a payments industry consulting firm, to expand the sale of its products to merchants. more »
PayPal Here plugged into a Microsoft Surface Pro 3 tablet, in a frame from a promotional video.
PayPal is revamping its lineup of mobile point of sale offerings, expanding developer tools and adding EMV in the U.S. But its new support for Microsoft devices may have the most impact as it pursues merchants that can already get payment capabilities elsewhere. more »
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Education payments company peerTransfer has grown quickly by providing a specialized service to a specific market, but it may be time for it graduate to new lines of business. more »
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Traditional merchant acquirers have faced disruption from a number of new entrants in recent years from companies such as Square and its peers. And now, a football team is getting into the game. more »
Square is committed to its diversification strategy, furthering its transformation from a simple mobile point of sale provider to a company that also handles small-business loans, marketing and e-commerce. more »
Image: Bloomberg News
The point of sale technology provider TouchBistro is partnering with Uber to provide free transportation service to restaurant patrons in Toronto. more »
Image: Bloomberg News
While many mobile wallet companies look to complement credit and debit card acceptance, South Africa's SnapScan is focused on merchants who accept only cash. more »
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