Square‘s mobile card reader undoubtedly made a significant impact on the mobile point-of-sale (mPOS) market, and kick-started a slew of recent innovations to broaden the ability for small to medium businesses (SMBs) to accept payments just about anywhere. However, mom-and-pop shops and small kiosks selling...
Business-to-consumer (B2C) subscription companies are taking measures to reduce customer churn. In other retail news, beacons are fueling commerce innovation as more retailers try to get more shoppers into stores. And new technological strategies, including exploring the potential of mobile point-of-sale (mPOS) systems to provide speedier in-house experiences, can help eateries better attract...
New Orleans, home to the PYMNTS Bureau of Temperate Winter, is loved and sometimes reviled for being behind the times on many things. That can often include payments. But over the last year or so, a wave of point-of-sale (POS) upgrades has seemingly hit many...
Brick-and-mortar retailers are creating next-generation stores that incorporate interactive features into their designs with the help of technology. The Vitamin Shoppe, for instance, reimagined a 3,185 square-foot space in Edgewater, New Jersey, building off the footprint of an existing store to debut an “innovation retail concept”...
January 13, 2020
The mobile point of sale (mPOS) landscape got more interesting today (Jan. 12), as Samsung has unveiled its Galaxy XCover Pro, an enterprise-grade smartphone that comes pre-installed with Visa’s Tap to Phone app. Tap to Phone enables sellers with Android phones to accept contactless payments without the need for additional devices or peripherals. The evolution […]
October 23, 2019
New Orleans, home to the PYMNTS Bureau of Temperate Winter, is loved and sometimes reviled for being behind the times on many things. That can often include payments. But over...
May 09, 2019
While mobile wallet use has yet to take off in the U.S., that could all change soon. Younger generations are more likely to use the technology than aging populations, and,...
April 12, 2019
It’s not exactly Bogie and Bacall, or Kim and Kanye — at least not yet. But FinTechs and financial institutions are increasingly crafting partnerships designed to help them both thrive in...
June 11, 2019
Two Hanoi-based FinTech startups, Vimo Technology and mPOS Technology, are merging to create NextPay Holdings, according to reports. The CEO of mPOS Technology, Nguyen Huu Tuat, will become CEO of the new company. Nguyen Hoa Binh, who founded both companies, will be the new chairman. The CEO of Vimo, Do Cong Dien, will become COO […]
March 27, 2019
T-Mobile announced Wednesday (March 27) a new program geared toward businesses, removing some of the fees charged by other mobile point of sale providers. In a press release, T-Mobile said...
September 05, 2018
Americans didn’t exactly rush to adopt contactless payments from the get-go. But, if worldwide trends are anything to go by, that could soon change. Globally, at least, the influence of...
May 10, 2018
Mobile payment capabilities are on the forefront of retail executives and tech staff. In a survey by Zynstra, some 65 percent of retailers said they pegged mobile payments as their top...
