Category: Archive | Page 36

With Space to Grow, Parking Vendors Looking for Scale

Parkmobile CEO Jon Ziglar envisions a world where we all leave our homes knowing the exact spot where we’ll park when we get to our destination.

U.S. cities are nowhere near reaching that parking utopia, meaning that there is plenty of room for Parkmobile and companies like it to grow.

Choices at Vending Machine: More Than Salty vs. Sweet

The choices offered by today’s payments technology can be found everywhere – even at the vending machine.

Sure, you can still find machines where you can insert and reinsert that dollar bill with the bent corner. But an increasing array of options is making paying for the snacks more convenient for consumers and managing the machines easier for operators.

Paytm Uses QR Codes to Connect Online, Offline

Paytm is expanding its use of QR codes to drive commerce at small retailers across India.

Earlier this week, the company announced it was opening up a channel for its small, local partner merchants. The program will enable them to sell products from its online Paytm Mall to customers who come into their stores.

Acquisition News: Mastercard, Stripe and Flipkart Make Moves

A handful of big-name acquisitions have dominated headlines this week.

The U.K.’s Competition and Markets Authority cleared the way for Mastercard’s acquisition of VocaLink, announcing on Tuesday that the companies had adequately addressed competition concerns about the purchase.

Square Makes Its Move into U.K.

Square announced this week that it has launched its business in the U.K. But does its timing mean that it’s already shut out of a competitive market?

Rick Oglesby doesn’t think so. Oglesby is principal of AZ Payments Group and a partner of Double Diamond Group, and he’s bullish on Square’s prospects.

India’s Rapid Digitalization Means More Inclusion – and More Risk

We continue our series on frictionless underwriting this week with a closer look at India’s rapidly changing environment and what it means for onboarding and monitoring merchants.

With the advent of rapid digitalization in India, the race has been on for payments providers to board many merchants quickly.

Companies have responded to the government’s aggressive moves toward a digital economy by announcing a slew of new initiatives intended to bring small merchants into the fold.

Taming the Virtual Card Tangle in B2B Payments

In consumer payments, enabling the acceptance of electronic payments often makes the process easier.

When it comes to corporate payments to suppliers, however, digitizing the payment is only the beginning.

News Roundup: Wirecard to Acquire Citi APAC Merchant Portfolio

In a roundup of news from this week, Wirecard acquires Citi’s merchant portfolio, Square sees a significant increase in chip cards, and PerformLine launches merchant monitoring.

Podcast: Why MAC Needs Payment Facilitators

This week, we talk with Melissa Sutherland, director of merchant solutions for LegitScript, a compliance company. Sutherland is also deeply involved with the Merchant Acquirers’ Committee, otherwise known as MAC.

We talk with Sutherland about the benefits of MAC membership and the reasons she’s involved. She shares some of the background behind the formation of the organization. The founders, she said, wanted to feel free to share information with each other about fraud and “didn’t want to be constricted by competition.”

Research: Digital Wallet Adoption Will Happen; Merchants Must Take the Lead

Merchants must take the lead in driving digital wallet adoption and growth. That’s according to research conducted by Forrester Consulting and commissioned by JPMorgan Chase. It looks at the current state of the digital wallet from both consumer and merchant perspectives.

The study looks at the prevailing attitudes of consumers right now concerning digital wallets – including whether they consider them safe, whether they use them and if not, why they don’t. Forrester also asked merchants what barriers they face in implementing digital wallets.