Payments News

On The Web

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Tech

Commentary: Connected screens are revolutionizing payments

“With IoT becoming an integral part of our daily tech consumption, payments are also being increasingly integrated into the overall experience. Today, consumers around the world are used to seeing large color displays with information that is relevant to them. On some occasions, they are able to interact with the screen via a call-to-action, either […]
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Tech

L.L. Bean Cancels Internet of Things Project

“Privacy and security concerns block Internet of Things projects at many companies, according to research released Tuesday by consulting firm Capgemini. Sixty-two percent of 300 companies surveyed cited such concerns in deciding not to push IoT projects past proof-of-concept stage, CapGemini said. Still, the IoT market continues to grow with sensor-enabled devices expected to number […]
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Tech

AT&T’s Dash-like smart button doesn’t need WiFi

“AT&T has launched a new product called LTE-M button, which allows users to place an order online in one click. Yes, it sounds just like Amazon Dash — in fact, it’s powered by Amazon Web Services — but since it’s connected to AT&T’s LTE-M network, it doesn’t need a WiFi connection to work. AT&T’s button was also designed more for businesses […]
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Security

Visa Predicts Payment Avenue Boom By 2022

“Apart from financial institutions, the company has also collaborated with fintech firms and local startups by opening the Application Programming Interface (API) to them, providing for payment service innovation and shortening the development life cycle. The company, meanwhile, is exploring opportunities to collaborate with internet players from around the world that are expanding into financial services and […]
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Tech

Order a Coffee and Pay, With a Tap on the Dash

“For owners of some General Motors vehicles, a taste of this future is already here. Since December, G.M. has equipped about three million cars with an in-dash system it calls Marketplace. The free-to-use system communicates directly with merchants, enabling a driver or passengers to order and pay for a variety of products and services without a […]
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Companies

Mastercard To Shake Up Shopping With New Smart Mirror With Payment Function

“The mirror recognises products as they enter the fitting room, creating a virtual shopping basket and a multi-sensory shopping experience. It allows shoppers to change lighting and language, view/request size and colour variations, seek out further recommended items, request garments to be brought directly to the fitting room and finally, pay seamlessly and instantly by tapping the mirror […]
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Tech

Tappy Launches Token Service for Traditional Watchmakers

“The batteryless payments chip “can be placed in virtually any watch strap and be tokenized using Tappy’s Universal Passive Provisioning Unit (UPPU), allowing traditional watch brands to enter the thriving mobile payment market currently dominated by new generation digital devices,” explains Tappy.”