The time of paying through a mobile phone as the norm got one step closer this week following a deal between Visa and Samsung that will see Visa’s new payment app running on Samsung handsets. Customers will be able to add Visa payment account information via the app and then go on to make contactless…
Retailers who rely on automated payments made by direct debit or credit are at risk of losing both money and customers as a result of mistakes made during the initial set up. Payments made by customers, payments made to suppliers by businesses, and payments made to employees by businesses are among the most common failures…
A streamlined shopping process, through multi-channel technology, that delivers superior customer experience is the oath taken by retailers today. John Lewis, one of the major players within department stores, has shared its thoughts on investing in innovative technology to provide a seamless shopping experience and to keep the UK high street moving forward. “The fundamental…
As the advances of technology within the retail space make purchasing ever easier for the consumer, they too open the door to potential fraudulent activity. With this in mind, retailers, banks and creditors will be pleased to know that there is a solution to this fear by way of machine learning analytics that can both…
Near Field Communications (NFC) technology has been slowly developing in the background of the payment systems industry for about ten years now. Today, with the rise of the smartphone, it is beginning to make an appearance in the retail market by way of mobile phone payments. This amalgamation is expected to make the market growth…