PayPal APAC reportedly has launched mo.bi.pay, a mobile payments solution developed as a mobile plug-in solution for small and mid-size merchants using shopping carts on their platforms. Mo.bi.pay incorporates PayPal’s mobile practices so the customer can pay using his or her mobile device, The PayPers...
NCR, which on Jan. 8 unveiled NCR Cloud Connect, a cloud-based ecosystem of digital services for retailers, is looking to address merchants’ desire for new and innovative technology services to better engage consumers. NCR’s consumer-facing touchpoints can be linked to NCR Cloud Connect, the company...
On Black Friday, with Walmart’s guarantees, customers who stood in line for the entirety of a designated offer got the deal, Neil Ashe, the megaretailer’s president and CEO of global eCommerce, told CNN Money in a Jan. 7 report. If the item wasn’t in stock,...
The Discover U.S. Spending Monitor remained at 89.0 in December, as consumer confidence in the economy rose to its highest level since July. However, consumers’ spending intentions declined, according to Discover Financial Services. Significantly more respondents believed economic conditions were improving heading into 2014, Discover...
U.S. retailers use of promotions and discounts reportedly helped drive a 2.7 percent increase in holiday season sales, overcoming a shorter holiday sales season and adverse climate conditions that left many consumers unable to get to stores. Retail sales between Thanksgiving and Christmas rose for...
Apple reportedly has opened its own official store on the Tmall online marketplace operated by Alibaba, China’s large eCommerce provider. Though Apple already operates 10 stores in four Chinese cities and has its own site in that country, Tmall provides the company a major new...
Alibaba, the Chinese eCommerce conglomerate, has banned the sale of Bitcoin on its Taobao Marketplace online platform. Bloomberg News reported that Bitcoin sales and other cryptocurrencies will be restricted beginning on Jan. 14. Mining hardware and software will also be barred from Taobao. An Alibaba...
Client financial institutions of core processor Jack Henry and Associates will have access to American Express’ FX International Payments Service, Jack Henry announced. The AmEx service allows users to engage in cross-border payments more easily. In a statement, Brett Weinhouse, FX International Payments vice president...
Annual mobile retail purchases will surpass $700 billion by 2018, a new report suggests. This amount will account for roughly 30 percent of all eRetail purchases in that year, Juniper Research predicts. In 2012, $182 billion was spent on mobile retail purchases, or about 15...
