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Archive for the ‘Mobile’ Category

Isis Wallet Changes Name to Avoid Association With Militant Group 

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If you have heard the term “ISIS” recently, it has probably been in reference to the Islamic State in Iraq and Syria, a group of radical Sunni militants who are attempting to take over Iraq and establish a caliphate spanning both Middle Eastern countries. Currently, ISIS controls land on both sides of the Syria-Iraq border, [...]

iOS Users Represent a Greater Opportunity to Mobile Commerce Industry

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According to a survey by The Yankee Group and compiled by Business Insider Intelligence, iOS users spend nearly double what Android users spend in similar mobile proximity transactions. What does that mean for companies that provide mobile payment processing? Well, iOS users represent a greater business opportunity. The survey found that iOS users’ transactions average [...]

Apple’s Touch ID Will Make These 5 Apps More Awesome

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Last year’s iPhone 5s introduced Apple’s Touch ID. Up to now, the fingerprint identification technology has only been useful for unlocking phones and purchasing items from the App Store. But at this year’s WWDC keynote, Apple Software SVP Craig Federighi unveiled Touch ID API, which made the technology available for third-party apps. Read more about [...]

Apple Wants iPhones to Replace Your Wallet

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Last year’s iPhone 5s introduced Apple’s Touch ID. Up to now, the fingerprint identification technology has only been useful for unlocking phones and purchasing items from the App Store. But at Monday’s WWDC keynote, Apple Software SVP Craig Federighi hinted at big plans for Touch ID as a payment method. As part of the iOS [...]

Square Pulls Unsuccessful Wallet App

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Amid recent news that Square is looking for buyers, the mobile payment company has announced plans to end its Wallet app.  The app was intended to help customers pay for items at local merchants using only a smartphone, similar to NFC payment technology. Despite a promising concept, Wallet never generated much interest among users. Square [...]

Why You Should Process Mobile Payments

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Since the 1800s, the concept of credit has been used for buying and selling. The first credit card, “Charge It,” was invented by a man named John Biggins. In 1951, the first bank card was created as a method for business owner’s to accept payments from their customers. Credit cards have been very useful to [...]

When Should You Start Accepting Credit Cards?

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According to a 2013 study by TSYS, nearly half of consumers prefer debit as a method of payment, while 35 percent preferred credit. Obviously, consumers want to pay with plastic! Unfortunately, more than 50 percent of U.S. small businesses refuse payment with anything other than cash. Why don’t these businesses accept cards? For most, it’s [...]

Why Should Your Small Business Accept Card Payment?

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Consumers expect to pay with cards—there’s just no way around it. According to a 2013 study by TSYS, nearly half of respondents preferred debit as their method of payment, while 35 percent preferred credit. Even so, more than 50 percent of U.S. small businesses refuse payment with anything other than cash. Why do these small [...]

CES 2014 Previews the Future of Payment Processing

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Recently, the 2014 Consumer Electronics Show gave us a look at the future of mobile payment processing. Here are three trends to look out for in 2014.

 Biometrics is becoming feasible. We know biometrics will play a significant role in future payment processing, we’re just not sure when it will become common in retail. When [...]

Is Phone Swipe Right for Your Small Business?

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Although Square used to be the go-to mobile POS system, it’s no longer the only one to choose from. Now, competitors like Phone Swipe provide plenty of options for small businesses. Phone Swipe is a mobile app and card reader that attaches to your smartphone or tablet. Although the app and reader are free, Phone [...]