Menu
RSS
POS / Payments / EMV

Payment has become a challenging and complicated scenario for retailers. Mobile technology, NFC and EMV offer valuable opportunities, but at a cost. Together with payment processors, banks and technology providers, merchants must uncover the best solutions for their particular business. If it’s time for a POS upgrade, then mobile POS featuring a variety of payment options must be on the table. Access the latest trend updates, news, and case studies with this up-to-the-minute coverage.

CaliBurger To Showcase Facial-Based Payments At NRF

  • Published in News Briefs
CaliBurger, a part of Cali Group’s restaurant operating division, will demonstrate its AI-enabled self-ordering kiosks using NEC facial recognition technology at the NRF Big Show, Jan. 14-16 in NYC. “NEC’s face recognition technology is a key component of our strategy to reduce the friction associated with loyalty program registration and use,” said…
Read more...

Walmart Will Expand Cashierless Checkout To 100 Stores

The industry’s top retailers are continuing their quest to make cashierless checkout within physical stores more of a reality. Walmart is expanding its "Scan & Go" technology to an additional 100 locations across the U.S. in 2018. The app allows customers to scan and bag items, including produce, while they shop and pay directly with their phones. Customers see the price of individual items as they scan them, along with a running total, enabling them to gauge their total costs ahead of checkout. As part of the test, some Walmart stores have been outfitted with Scan & Go kiosks, where customers can pick up handheld devices, allowing them to try out the service before downloading it to their phones.

Omnichannel POS Solution Bridges Online-Offline Service Gap

  • Published in News Briefs
The new “Shopping” omnichannel point-of-sale solution from Cegid is designed to unlock actionable intelligence for retail associates about a customer’s online journey prior to their visit. With this information, staff members can offer a range of omnichannel services to shoppers while they are in the store. “Shopping” allows store personnel…
Read more...

Google Unites Payment Offerings As Google Pay

  • Published in News Briefs
Google is rebranding all its multiple payment methods — which include Android Pay, Google Wallet and the auto fill-in functionality on the Chrome web browser — under a single name, Google Pay. “With Google Pay, it’ll be easier for you to use the payment information saved to your Google Account,…
Read more...

Why Retail Is The Hottest Target For Hackers

Five trillion dollars in U.S. retail spending is very attractive to cybercriminals. The large volumes of financial data continuously processed by payment and retail vendors is highly valued and can provide criminals with easy payouts. This is a big cause for concern, as Trustwave’s Global Security Report found that the retail industry was the most compromised sector for a fifth year in a row, and the primary target is payment card data. Payment data is most commonly stolen through point-of-sale (POS) breaches, which make up 64% of all incidents, and a magnetic stripe data attack was the second highest at 33%.

Kroger Expands ‘Scan, Bag, Go’ Cashierless Checkout To 400 Stores

While the “big two,” Amazon and Walmart, have jumped into their own tests of cashierless technology, the nation’s largest pure supermarket chain isn’t just standing by. Kroger plans to expand its “Scan, Bag, Go” technology to 400 stores in 2018, enabling shoppers to scan products with a provided handheld scanner or with a smartphone app, according to a report from Business Insider. The technology isn’t as sophisticated as the cashierless tests at Amazon Go and Walmart, which are designed to eliminate the concept of checkout entirely. But while Kroger shoppers still will have to visit a self-checkout register to pay for their orders, eventually shoppers will able to pay directly via the app.

Electronic Express Adopts Omnichannel Solution Suite

  • Published in News Briefs
Electronic Express has selected the Jesta I.S. retail platform to support its goal of unified commerce. The Nashville-based retailer, which was founded in 1983 as a single 80-square-foot store, has grown into the largest independent consumer electronics and appliance retailer in Tennessee. However, rapidly increasing e-Commerce sales had created a significant…
Read more...

Can Mobile POS Systems Boost Retail Sales At Peak Season?

Christmas is fast approaching and stores across the country are bracing themselves for a surge in activity. For many, this is the busiest and most lucrative time of the year, though it can be fraught with problems if not managed well. Significantly higher footfall and fierce demand for products mean that retailers have to work hard to maintain good customer service. Long queues, poorly arranged stock and a lack of available assistants frequently result in frustration for customers, even if their previous encounters with the brand have been positive. While others may be willing to hang around to grab a bargain, others will simply walk out of a store without making a purchase, or worst still, shun the shops altogether, preferring to spend their money online instead.

Recurly Integrates Adyen To Strengthen Global Subscription Business

  • Published in News Briefs
Recurly, a subscription management platform, has partnered with Adyen to integrate new payment options tailored for international audiences. Retailers using the Recurly platform for subscription billing will have a comprehensive range of payment options accessible for global shoppers. Through the partnership, Recurly and Adyen seek to efficiently scale one-time and…
Read more...

Online Games Marketplace Offers Localized Payment Options

  • Published in News Briefs
GAMIVO, a global marketplace run by gamers for gamers, will consolidate online payments by moving to the Ingenico Full Service platform. The marketplace will now be able to accept a wide range of payment cards and local alternative payment methods, including payment in the currency of a customer’s choice. The gaming…
Read more...

American Express Drops POS Signature Requirement Worldwide

  • Published in News Briefs
Beginning in April 2018, consumers using American Express cards at any point of sale around the world will no longer need to provide their John (or Jane) Hancocks. American Express already had eased signature requirements for purchases that were less than specified dollar amounts in the U.S., Canada and the…
Read more...

Build.com Introduces Private Label Financing: Sees Ticket Sizes Triple In First Week

When Build.com introduced a private label financing program in November 2017, the retailer sought to entice its shoppers to spend more with a set of new credit card payment options. The new choices impressed shoppers: in the program’s first week, Build.com saw ticket sizes triple versus purchases made with typical credit card payments. Additionally, by offering customers what’s essentially an open line of credit, the online home improvement retailer is anticipating longer-term benefits: increased repeat purchases.

Target Adds Payment Functionality To Mobile App

  • Published in News Briefs
Following the lead of Walmart, Kohl’s, CVS and Starbucks, Target has incorporated a payment option into its mobile app. Customers can tie the new Wallet feature, introduced on Dec. 4, to their private label Target REDcard account. Wallet also ties in digital coupons and weekly ad offers along with the…
Read more...
Subscribe to this RSS feed