Mobile payments is becoming a pretty messy space. One might argue that it’s been a hot mess ever since the massive proliferation of mobile payments schemes began a few years ago, targeted mainly to convert mobile phone-toting consumers into mobile phone-paying consumers at the physical...
Last Saturday, America celebrated the 239th anniversary of the outcome that these revolutionaries fought for: independence from the King, But the payments ecosystem is rife with its own “revolutionaries,” visionaries fighting for independence from a status quo that they believe is or was too limiting...
In 1999, 92 percent of consumers said that they didn’t trust that their data was secure when transacting online. Sixteen years later, that percentage has hardly budged. Yet eCommerce and mobile commerce is exploding everywhere. MPD CEO Karen Webster has a theory and some advice...
Card-linked offers have been singularly unimpressive as a category. They’ve been around for years and raised a ton of capital, but have failed to turn the heads of merchants or consumers. MPD CEO Karen Webster says that two things could change that – mobile phones...
Apple and Google Android have just recast mobile wallets as smartphone utilities – putting them in the same category as cameras, maps, weather, the app store and any other app that comes preloaded on their smartphones. Not every mobile wallet, of course, just theirs.
“Are we there yet,” though, is shorthand for “When will all of the time and money and investments we’ve made in mobile payments actually pay off?” The person most likely to pose that question is the CEO who’s been hearing “20xx is the year mobile...
To no one’s great surprise, we added another “Pay” player to payments last week. Android Pay threw its hat into the mobile payments ring as the “other” operating systems-based payments scheme to launch in less than a year. Apple Pay, as is old news by...
So here’s a question. When is a prepaid card actually a credit card? Here’s an answer: When the CFPB says so. The CFPB recently released nearly 900 pages of proposed rule changes for prepaid products which would reclassify some prepaid products as credit products. That...
Remember the piece I wrote last week about whether payments can save the Internet ad giants? Well, it appears that Google not only thinks it can, but is doing something about it. Google announced on Friday evening that it is turning the World Wide Web...
