Industry News

Food trucks driving force in mobile payments

Food trucks have been changing the way people think about fast food and have also been paving the way for mobile payments, according to Biz Tech.

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Payments industry could take the lead in mobile development

Financial and payment experts may take the lead in developing new mobile technology and capitalize on the biggest portion of the multi-trillion dollar industry because of consumer preference.

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Online shoe sales thrive

Online shoe retailer Zappos.com might have paved the way for the ecommerce sector, but many other merchants are now capitalizing on the trend

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One in ten shoppers use smartphones in stores, study reveals

As consumers grow more accustomed to the benefits of online comparison shopping and product reviews, they are bringing their smartphones into stores and using them to check prices at point-of-sale terminals, according to a new national survey by Leo J. Shapiro and Associates (LJS).

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Canada economy could see $32 million boost with digital payments

The Task Force for the Payments System Review recently presented its final report, called “Moving Canada into the Digital Age,” to the Minister of Finance, recommending an overhaul of the current system.

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Illinois accepts online payments for lottery tickets

On Sunday, Illinois became the first state to accept online payments for Lotto and Mega Millions ticket sales.

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Customers prefer choice for payments

Cash used to be king, but choice is the new king among consumers, according to a recent study by American Express

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Security still a major concern for future payments

Young consumers are willing to try new payment processing technology, but they are still concerned with security risks, according to a new report by American Express.

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Mobile payment security comes under scrutiny at hearing

The House Financial Service Subcommittee on Consumer Credit recently heard testimony about the security of up-and-coming mobile payments systems.

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Slow adoption of mobile payments forces Google to rethink e-wallet

Facing lower-than-expected adoption rates and enthusiasm over its recent digital wallet release, Google may be rethinking its strategy.

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