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Posts Tagged ‘payprotec’

Payment Tec: Restaurant Ordering and Tipping Apps

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You may think there’s not much space for mobile in the restaurant industry, but think again. These days, everything is going mobile—including a customer’s ability to order food and drinks, pay their tab, and tip.  Depending on your style of restaurant, at least one of these features could significantly benefit customer experience. Apps provide the [...]

Coin Vs. Plastc: Which Credit Card Consolidation Tool Is the Best?

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Apple Pay and Google Wallet are not the only ways to cosolidate the large number of credit and debit cards in your wallet. Both Coin and Plastc have become hot topics in the last few years. Ironically, they are very similar in nature. We decided to take a deeper look at both to determine the [...]

8 Facts About EMV Chip Cards (part 2)

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Earlier this month we started a list of eight facts you should know about EMV cards. If you missed the first part, check it out here. If not, continue reading for the next four facts: EMV gives retailers access to big data. Mobile payments have made it much easier for stores to take advantage of [...]

Google Wallet is now FDIC-Insured

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With electronic payment options like Google Wallet and PayPal growing in popularity, more consumers are storing money in those accounts. What those consumers might not have realized is that those funds, unlike if they were kept in a bank, were not FDIC insured. Recently, however, Google announced that money in Google Wallet accounts will now [...]

What Differentiates Samsung Pay?

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Samsung Pay—the rival to Apple Pay—is reportedly being released sometime in September 2015.  The launch of competition to Apple Pay was expected. But what makes this next mobile payment option different? Let’s back up and review some facts about Apple Pay. Users of Apple’s iPhone 6, iPhone 6 Plus, iPad Air 2, iPad Mini 3, [...]

8 Facts about EMV Chips (Part One)

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EMV, sometimes known as chip and PIN or IC credit, is a better, more secure alternative to the magnetic strip card. Here in America, EMV cards have been rare, but they’re standard in Europe. In fact, EMV stands for Europay, MasterCard, and Visa, the original founders of the standard. But EMV cards will soon become [...]

Goodbye Credit Cards?

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Today I buried my credit card, and you probably should too. Give it a nice eulogy and say “adios amigo, sayonara, goodbye,” because the rest of the world will be doing that soon too. That’s right, the once over-used plastic cards are becoming a thing of the past like bell-bottom jeans and VHS’s. And I’m [...]

Did You Get Your Apple Watch Today?

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When Steve Jobs started Apple, his new twist on technology eventually transformed not only American culture, but the world. And this year, Apple is doing that again with Apple Watch—which was officially scheduled to launch today. However, according to Fox News, “Apple (AAPL) Watch is no longer scheduled to be in Apple stores on Friday, [...]

Where is the Payment Processing World Heading?

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As technology ever changes, and customers ebb and flow, so does the payment processing industry. Here are three notable trends happening right now. EMV Chip Technology. Six months from now, all credit cards will be EMV-chip activated. This means that payment technology is shifting. Now, instead of swiping a card, transactions will be conducted using [...]