Payments News

On The Web

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Tech

Cashierless Stores Make Inroads in U.S.

“The concept got a push from Amazon Go stores, which Amazon.com Inc. launched in early 2018 ; there are now 15 stores, with two opening last week, in New York and San Francisco. Amazon Go relies on hundreds of cameras and sensors in each store to identify products that customers take off the shelves. Shoppers […]
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Tech

Hey Google, Lend Me a Tenner? NatWest Trials Voice Banking

“Get ready to say: “Hey Google. How much do I have in my bank account?” NatWest is to begin voice-only banking that will give customers direct access to their accounts by talking to the Google Home smart speakers now in millions of British homes. The trial – the first by a UK high street bank […]
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Tech

7-Eleven Brings Mobile Self-checkout to New York Stores

“To use the service, customers first need to download the latest version of the retailer’s app. When shopping at a participating 7-Eleven store, they open the app, tap ‘Get Started’ and then scan the barcode on the items they select to add them to their basket. When they have completed their shopping, they check out […]
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Tech

Brazilian Retailer Plans Checkout-Free Stores – Retail TouchPoints

“Lojas Americanas S.A. will deploy checkout-free technology from Zippin in stores throughout the country. The Brazilian retailer will use the technology in its Ame Go convenience store locations. Customers gain entry by scanning the company’s Ame Digital app. The stores will range from 250 to 3,000 square feet in size and will be located in […]
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Tech

Wirecard Launches Unmanned Grab & Go Store

“The concept offers customers a seamless purchasing experience through artificial intelligence (AI). Shoppers enter the unmanned Wirecard store via smartphone, pick products which are scanned automatically, and payment happens upon departure. Lines, checkouts and opening hours are eliminated and payment occurs in the background. Launched by Wirecard’s Innovation Labs, the Grab & Go Store combines […]
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Tech

Barclays Opens Pingit Wearable Payments Store

““Customers will be able to purchase Pingit’s newly released range of fashion and lifestyle accessories embedded with payment capabilities, from key fobs to wearable payment bands to The Loop — a holder to add a payment chip to an existing watch or fitness band,” the bank says.”

On The Wires

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Tech

One QR Code for All Payments

“Bank Indonesia has launched a Quick Response (QR) Code standard for payments through server-based e-money applications, electronic wallets and mobile banking known as QR Code Indonesian Standard (QRIS) to coincide with the 74th Anniversary of Indonesian Independence, today (17/08) in Jakarta. National QRIS implementation will be effective from 1st January 2020 in order to provide […]
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Tech

Digital River Unbundles Its Commerce Stack, Breaking Open an Unparalleled Suite of Possibilities for Merchants and Shoppers Alike

“Digital River , the most experienced global ecommerce enabler for established and fast-growing brands, announced today that it has transitioned to a “headless” approach , building out its suite of APIs and microservices. This move enables brands to combine best-of-breed solutions from multiple providers to create a flexible ecommerce offering designed to meet increasingly complex […]
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Tech

US Payments Forum Market Snapshot: Updates on EMV Certification Timelines, Chip at the Pump, Contactless Transition and Current Forum Priorities

“Contact EMV chip technology is now well-established in the U.S. – 63% of in-store payment terminals are chip-enabled, and 68% of total transactions today are chip-on-chip. As a result, key aspects of implementation such as testing and certification processes for in-store terminals have stabilized. While merchants are continuing to upgrade existing terminals and/or obtain recertifications, […]