It seems like every day there is a bank, business, electronics company, or technology company that comes out with a new mobile wallet or payment application. The options continue to grow and seem endless all the while the general public … Continue reading
Many card Issuers believe that within the next few years 25% or more of debit transactions will migrate to mobile payments (Daly, 2016). An interesting comparison was done by Karen Webster on “What Mobile Payments can learn from Debit Cards.” Debit … Continue reading
We regularly get questions at Wimsett & Company on how Apple Pay, Samsung Pay, Android Pay and various forms of mobile payment acceptance affect the payments industry. The answer is that these forms of payment are making it easier and … Continue reading
Apple Pay, Android Pay, mobile wallets, EMV/chip cards, Square, —the way we pay and the way payments are accepted at businesses continues to change and evolve. Particularly, 2015 was a big year for EMV technology and 2016 is projected to … Continue reading
Samsung announced they were coming out with Samsung Pay on March 1st 2015 (Samsung, 2015), just two months before Google announced they were coming out with Android Pay in May 2015. This announcement came quickly after Samsung’s acquisition of LoopPay … Continue reading
The news continues to be filled with information and excitement surrounding Apple Pay. Apple Pay is transforming the industry, not necessarily because of new technology, but because Apple Pay has the brand clout and equity to drive demand. While consumers … Continue reading
The new Apple Pay system was introduced on September 9th of this year. This technology allows customers to pay with their iPhone 6 and Apple Watch (scheduled for release in early 2015) through NFC (Near Field Communication) technology within the … Continue reading