Followers of PYMNTS mPos Tracker know that the essential truth of mobile point of sale is competition. It seems as though every day a new payments technology player is launching to audition for the world on the mPOS stage. European mPOS firm SumUp has been...
Mobile banking and payments company Monitise is tightening its new alliance with IBM, transferring hundreds of its U.K.-based professional services staff to IBM, according to Finextra. “Under an agreement first announced in July, Monitise’s entire U.K. development and integration business, including some contractors, is now moving...
Consumers like their mobile devices and they increasingly like shopping on them. But merchants wish more of that activity happened inside their own mobile apps. That’s exactly the opportunity that PayPal’s One Touch payments brings to merchants, said Braintree CEO Bill Ready, by making it...
Best Buy on Tuesday (Aug. 26) conceded that it was projecting a gloomy next couple of quarters, as the consumer electronics chain signaled its third consecutive year of falling revenue, the Wall Street Journal reported. “‘You cannot expect the same kind of growth rates that...
Privately-held Square has authorized a tender offer that places the company’s self-declared value at $6 billion, CNBC reported. To put that into context, Square’s similar valuation in January 2014 was $5 billion and in August 2012, it was $3.25 billion, Bloomberg noted. The move is...
Roomlia, a discounted hotel reservations mobile app that gives access to more than 250 hotels, launched Monday for iOS, TechCrunch reported. The goal of Roomlia, which was started by two former Expedia employees, Michael Reichartz and Jim Ferguson, is to increase speed and convenience by...
McDonald’s is going national with a mobile ordering and payment app, offering music and video downloads, and expanding online loyalty programs in an effort to increase sales at U.S. restaurants, according to Adweek. The key piece of the expanded digital strategy is McDonald’s coupon app, known...
Retailers love M-Commerce in all of its forms, whether it’s in-store barcode scanning, shopping while riding the subway or trying out a mobile payment methods. But an alert from Seeking Alpha points out the payments dark side of that mobile madness: the very real potential...
A variety of mobile services reportedly are helping Dolce Hotels and Resorts to transform its sales process to drive more leads. The move reportedly came despite reluctance from execs at the conference hotel chain, who didn’t see mobile’s potential for a return on investment. “Our execs...
