Payments News

On The Web

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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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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

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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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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Tech

Shell Lets Fiat Chrysler Drivers Pay for Fuel From Their Vehicles

“Chrysler, Dodge, Jeep and Ram drivers can now use Uconnect Market , Fiat Chrysler Automobiles’ new in-vehicle commerce platform, to pay for fuel at Shell-branded stations across the US. “The in-vehicle Shell Pay & Save functionality will provide customers with features that offer speed, convenience, and security, along with rewarding offers during their fuelling experience,” […]
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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.”
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Standards

EMVCo Adds Support for IoT Payments

“The IoT is creating new ways to pay, with payment functionality enabled across various industries globally,” comments Bruce Rutherford, Chair of the EMVCo Executive Committee. “This innovation needs to be balanced with functionality, usability and security. By optimising existing processes to support new IoT payment use cases, EMVCo brings efficiencies and confidence to the IoT […]

On The Wires

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Tech

Sprint And Wirecard Drive New Innovation In IoT And Unified Commerce To Deliver The Internet Of Payments

“Sprint (NYSE: S ), a leading US communications services company and Wirecard, the global innovation leader for digital financial technology, today at CES 2020 announced a new relationship that will integrate Wirecard unified commerce solutions into Sprint’s Curiosity™ Internet of Things (IoT) platform to deliver the “Internet of Payments”. The announcement was made at CES […]