Thursday, May 24, 2012

PayPal Taps ShopKeep POS for In-Store Payments at Nearly 2,000 U.S. Merchants

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ShopKeep POS will Enable PayPal’s Millions of Users to Pay Instantly through their Mobile Devices at Nearly 2,000 Merchants Nationwide

New York, NY – May 24, 2012 – Now customers can check-in with PayPal and check out at the register at nearly 2,000 merchants thanks to the innovative iPad POS solution from ShopKeep® POS, the simplest way to make smarter business decisions. With the launch of the PayPal partnership, nearly 2,000 merchants nationwide who useShopKeep POS as their POS system can now accept PayPal cardless payments at the industry-low, flat rate of 2.7%. Merchants in New York City and Boston have already started accepting PayPal mobile payments as part of the ShopKeep POS / PayPal  east coast pilot program.

“Disruptive, innovative point-of-sale providers like ShopKeep POS are helping us to work with thousands of small businesses to accept PayPal in-store,” said Hill Ferguson, Vice President of Mobile, PayPal. “ShopKeep’s cloud-based solution enables small businesses to seamlessly add PayPal as a payment option into their existing point-of-salesystems without having to upgrade their hardware. With PayPal, small businesses can get better insights into their customers, streamline purchase lines, and reach millions of shoppers that already trust the PayPal brand.”

The process is simple – PayPal customers check-in at participating merchants with their PayPal iPhone app. At checkout, the customer’s name and photo will appear on the ShopKeep POS iPad register. The cashier identifies the customer and finalizes the transaction. Once the transaction is complete, the customer is automatically checked out of the store and receives an email receipt of the transaction.

“It’s easy and fast, and at the right price,” says Jason Richelson, CEO and Founder of ShopKeep POS. “That’s what our merchants want – to move lines quickly. This partnership fits right in line with our core values of un-intimidating point-of-sale and is cost-effective at the 2.7% rate. Plus, PayPal’s massive customer base helps to drive foot traffic to our thousands of merchants.”

ShopKeep POS provides an easy-to-use, cost-effective, flexible point-of-sale solution for brick and mortar retailers. Merchants can ring up sales, manage inventory, build customer loyalty programs, and remotely access real-time sales. Its iPad register interface and friendly, knowledgeable customer care means merchants can be up and running in no time.

About ShopKeep POS
The simplest way to make smarter business decisions, ShopKeep® POS is the affordable and complete platform for running a shop from an iPad with real-time reporting on the web. Backed by the industry’s best customer care, The ShopKeep POS iPad app rings sales, processes credit cards and mobile payments, prints receipts, and prints orders remotely to the kitchen. Manage inventory and customers and view ClearInsight™ reports from any web browser. Plus, access real-time sales remotely via a smart phone. Sign up now at or call us today at 800-820-9814.

ERPLY Integrates PayPal for New Seamless Mobile Payment Solution

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Image via CrunchBase
Customers can now simply “check-in” when entering stores and pay with PayPal at the register for faster check-out;

Retailers can accept PayPal payments in-store

NEW YORK, NY (May 24, 2012) – ERPLY, the leading provider of cloud-based POS software, has announced a strategic integration with PayPal to provide businesses, from single to multi-store, a new way to accept mobile payments and manage business operations. Consumers can simply “check-in” on their smart phone to their favorite stores and pay with PayPal,

With this new development, retailers can accept payments from a consumer's mobile device while creating a better shopping experience for both retailers and consumers. The service delivers innovative ways to interact with customers in a cost effective manner. The offering helps retailers bridge the gap between the physical and online worlds, by allowing retailers to get more insight into their customers to deliver more personalized shopping experiences – from customized offers to loyalty programs – and to help drive traffic to their stores through PayPal’s popular mobile application.

The ring-up process – which now will only requires the cashier to match the name and photo of a customer – provides a quicker transaction at the register, eliminating traditional ways of purchasing products through card swiping or reaching into pockets for cash. Funds will be instantly available in the retailer’s PayPal account.

Consumers wishing to use the new payment method will need to download the free PayPal iPhone app. To use the service, they will log in to the PayPal app, click the "Local" button and select a store from the list. Shoppers will slide the “pin” down to let the store know that they have arrived. To pay at checkout, the consumer will simply say they want to pay with PayPal. The shopper will automatically be checked out of the store and receive a receipt via email.

With ERPLY’s ability to handle hundreds of thousands of SKUs and millions of dollars in transactions daily, this new solution will grasp the attention of larger retailers. Some early chain businesses adapting to this new technology at launch include: Sway Clothing, Rudy’s Barbershop and Relax Feet Spas.

"We continue to be excited by our decision to run ERPLY as our store point of sale solution,” said Jane Lee, CEO of Sway. “The PayPal integration allows us to give customers more choice and a better experience at the point of sale."

While managing point of sale, ERPLY separates itself from competitors operating multi-platform from iPad and/or the web to its proclaimed Windows client which allowing retailers to run sales both online and offline – a feature that encourages enterprise companies to move to cloud technology. Popular social media services such as Facebook and Twitter are also integrated into ERPLY’s platform. Some key ERPLY features include the ability to generate sales reports, create gift cards and coupons, and set commissions for employees.

Key benefits for retailers include:

· Attract more customers: Grow your business by gaining access to 110 million active PayPal buyers around the globe. Your business will appear in the PayPal mobile app, used by millions of PayPal customers looking for local shops and services.

· More insight: See what your customers buy and when they shop, to provide them a better shopping experience.

· More productivity: Paying with PayPal is a quicker transaction so staff can focus on more customers and providing better service.

· More loyalty: Help customers save money by offering them what they want, when they want it, and build coupons or incentives around what matters to them.

· Decrease fraud: Because PayPal customers are already verified, retailers don't have to worry about bounced checks or stolen credit cards.

Download ERPLY/PayPal POS now at:

About ERPLY:

ERPLY is a provider of business software as a service. With over 45,000 stores using globally, the software allows retailers to track data across multiple store locations and online webshops. Noteable customers include: Elizabeth Arden Retail, BMW and Specialized Bikes. ERPLY is a winner of start-up competition Seedcamp and is funded by Redpoint Ventures, Index Ventures and among others. To learn more about ERPLY, visit


Glenn Mandel

Escalate Communications


MasterCard Believes General Court in Luxembourg’s Judgment on Interchange Fees Will Ultimately Make Payments More Expensive For Consumers

MasterCard (Photo credit: Wikipedia)

May 24, 2012

BRUSSELS–(BUSINESS WIRE)–May. 24, 2012– MasterCard Europe today announced its disagreement with today’s judgment of the General Court in Luxembourg concerning cross-border interchange fees and said that it intends to appeal the judgment.
Commenting on the judgment, Javier Perez, President, MasterCard Europe said: “MasterCard balances the interests of both consumers and retailers, so that each party pays its fair share of the costs for the benefits it receives. Today’s ruling, if it stands, would upset that sharing and tip the balance decidedly against consumers. It would also threaten the continued delivery of the most advanced electronic payment technologies in Europe which, in turn, are essential to facilitating business and driving economic growth.”
Notes to editors:
  • In December 2007, the European Commission decided that MasterCard Europe’s cross-border interchange fees were breaching EU competition law.
  • In March 2008, MasterCard challenged the Commission’s decision before the EU’s General Court in Luxembourg.
  • MasterCard has rigorously complied with the decision by reaching an interim agreement with the Commission. It set its cross-border interchange fees at 20 bps for debit transactions and at 30 bps for credit transactions.
MasterCard (NYSE: MA),, is a global payments and technology company. It operates the world’s fastest payments processing network, connecting consumers, financial institutions, merchants, governments and businesses in more than 210 countries and territories. MasterCard’s products and solutions make everyday commerce activities – such as shopping, traveling, running a business and managing finances – easier, more secure and more efficient for everyone. Follow us on Twitter @MasterCardNewsjoin the discussion on the Cashless Conversations Blog and subscribe for the latest news.
Source: MasterCard

Equinox Payments Teams with PayPal for In-Store Checkout for Large Retailers

SCOTTSDALE, Ariz.--()--Equinox Payments, LLC, a leading payment terminal and secure applications provider, today announced an agreement with PayPal to enable consumers to pay with PayPal at large retailers using Equinox’s next-generation PCI 3.x Certified L5300 and L5200 consumer-facing payment terminals. PayPal users will benefit from the convenience of paying with PayPal at thousands of Equinox-equipped retail stores across the United States.
“The retailers’ customers also benefit from using PayPal in stores as they securely breeze through the checkout process paying with their payment cards or mobile phone numbers and PINs.”
“Three of the top 10 U.S. retailers use Equinox terminals due in part to our ability to enable the latest technologies at checkout,” said Clint Jones, President of Equinox Payments. “Our partnership with PayPal will give Equinox customers—processors, independent sales organizations, acquirers and retailers—even more choice among value-added services that they choose to run on their Equinox terminals.”
“As PayPal continues to expand into the brick-and-mortar retail world, we are pleased to join forces with industry leaders such as Equinox. Together, we will bring national retailers innovative new payment experiences that are easy to install and use,” said Don Kingsborough, Vice President of Retail and Prepaid Products, PayPal. “The retailers’ customers also benefit from using PayPal in stores as they securely breeze through the checkout process paying with their payment cards or mobile phone numbers and PINs.”
Equinox has integrated the PayPal Card and Card Free payment solution into the code base platform for all L5300 terminals. Those retailers that have already deployed the L5300 can take advantage of the Equinox Remote Key Injection System to update their terminal software and activate the PayPal solutions. Unlike competitor products, Equinox’s industry-leading technology can securely update terminal software that requires new symmetric keys without the costly and time-consuming headache of taking the terminal out of the checkout lane and shipping it to a secure key injection facility.
Equinox Payments is a leading payment terminal manufacturer and related secure software provider headquartered in Scottsdale, Arizona. Formerly known as Hypercom USA, Equinox is a portfolio company of The Gores Group, LLC. Through its commercial offices in the United States, Latvia, Manila and Australia, and a service repair facility in Mexico, Equinox’s more than 225 employees deliver secure payment terminals, applications and services to hundreds of thousands of merchants.
Equinox Payments is a registered trademark of Equinox Payments, LLC. All other products or services mentioned in this document are trademarks, service marks, registered trademarks or registered service marks of their respective owners.

Wells Fargo Launches Simplified Person-to-Person Money Transfer Service Nationwide

You no longer need an account number to pay someone electronically: a mobile phone number or email address enables Wells Fargo customers to make payments leveraging clearXchangesm
SAN FRANCISCO--()--Wells Fargo & Company (NYSE:WFC) today announced the launch of Send & Receive Money, a new service that simplifies Wells Fargo customers’ payments to other Wells Fargo and Bank of America customers through online and mobile banking using an email address or mobile phone number. Wells Fargo customers no longer need to know their recipient’s account number at Wells Fargo or Bank of America. Wells Fargo is the first bank to roll out nationally the clearXchange service for person-to-person payments.
“The ability to easily move money between family and friends across financial institutions is something asked for by our customers. We are happy to now provide the service.”
“Customers want options and convenience,” said Brett Pitts, senior vice president at Wells Fargo’s Internet Services Group. “With Send & Receive Money customers can send payments electronically to others without having to know their sensitive financial information, such as bank account numbers. As mobile money transfer becomes more common, remembering multiple account numbers will be harder. Send & Receive Money allows customers to pay another person using information they typically either know or have programmed on their phone.”
Customers can use their recipient’s mobile phone number or email address to initiate a person-to-person payment via clearXchange, which was formed to facilitate the movement of funds between bank customers to better meet their needs. Wells Fargo is an owner of clearXchange.
“This is a great step in the vision we have for clearXchange,” said Mike Kennedy, executive vice president and head of Innovation and Payments Strategy at Wells Fargo and board chairman of clearXchange. “The ability to easily move money between family and friends across financial institutions is something asked for by our customers. We are happy to now provide the service.”
Over time, Wells Fargo’s Send & Receive Money service will be expanded, and Wells Fargo customers will be able to send money to and receive money from customers at banks other than Bank of America.
Wells Fargo customers have been able to use an account number to make transfers to each other online since 2003. The service was extended through the mobile banking URL in 2007, made available on new mobile banking applications for the iPhone and iPod touch in 2009, and on new applications for Android, BlackBerry and Palm in 2010.
All Send & Receive Money transactions are covered by Wells Fargo’s Online Security Guarantee. Learn more about how Wells Fargo’s Online Security Guarantee works at Mobile Banking is also covered by the Online Security Guarantee.
The service is available to all Wells Fargo customers with a checking or savings account and online banking. Customers can sign up for Send & Receive Money during an online banking session or via Wells Fargo’s mobile apps or at Transfers take up to one business day between Wells Fargo customers and up to three business days between customers of different financial institutions. The service currently has no fee.
Watch the educational video “Send & Receive Money – payments on the go” on Wells Fargo’s YouTube channel at For more information about online banking, visit, or to learn more about Wells Fargo’s mobile banking features visit

Intuit GoPayment Uses Geolocation to Help Small Businesses Determine Local Sales Tax

Mobile Credit Card Payment App Delivers Spot-on Calculations; Eliminates Worry and Hassle of Getting Taxes Wrong
MOUNTAIN VIEW, Calif.--()--Small businesses on the go want to focus on making sales – not worry or waste time looking up local sales tax rates.
To help eliminate the worry and hassle of getting taxes wrong, this sales tax geolocation feature reduces customer service issues related to incorrect tax rates and mitigates audit risks and fines. It also makes it easier to collect the data needed to file taxes and be compliant. The technology is based on Avalara’s AvaTax sales tax geolocation engine.To help with this, Intuit Inc. (Nasdaq:INTU) today announced that its GoPayment mobile credit card payment offering is among the first to provide geolocation-based sales tax calculations. Using this technology, GoPayment helps small businesses get paid confidently wherever they are by accurately calculating taxes based on the precise location of a sale, taking into account the city, state and municipal tax codes, as well as special tax districts.
“Our customers wanted to eliminate the worry of complying with local tax rates,” said Chris Hylen, vice president and general manager of Intuit’s Payment Solutions division. “This newest technology uses latitude and longitude coordinates, instead of ZIP codes, to deliver the most accurate calculations available – even in the most complex jurisdictions.”
The geolocation sales tax feature is now available for GoPayment for the iPhone, iPad and iPod touch as well as GoPayment for Android devices. More information is available at
About Intuit Inc.
Intuit Inc. is a leading provider of business and financial management solutions for small and mid-sized businesses; financial institutions, including banks and credit unions; consumers and accounting professionals. Its flagship products and services, including QuickBooks®,Quicken® and TurboTax®, simplify small business management and payment and payroll processing, personal finance, and tax preparation and filing. ProSeries® and Lacerte® are Intuit's leading tax preparation offerings for professional accountants. Intuit Financial Services helps banks and credit unions grow by providing on-demand solutions and services that make it easier for consumers and businesses to manage their money.
Founded in 1983, Intuit had annual revenue of $3.9 billion in its fiscal year 2011. The company has approximately 8,000 employees with major offices in the United States, Canada, the United Kingdom, India and other locations. More information can be found

U.S. Bank Tablet Banking App Built on Mobiliti from Fiserv

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U.S. Bank Releases a Cobranded Credit Card App for Android™

MINNEAPOLIS--()--U.S. Bank has introduced an app for Android that allows customers of select retail partners to apply for a credit card while they are shopping and if approved, use it to pay for purchases before they leave the store.
“The U.S. Bank Card App for iPhone and now Android enables our partners to offer convenience and immediate purchasing power to more customers, regardless of their mobile devices”
U.S. Bank Card App for Android mirrors that of the iPhone® app previously announced with REI(Recreational Equipment, Inc) in October 2011 and Ace Hardware in April 2012. REI is the first U.S. Bank cobranded partner to launch the new app for Android.
U.S. Bank plans to continue to roll out the U.S. Bank Card App for Android and iPhone to other cobranded partners in 2012.
“The U.S. Bank Card App for iPhone and now Android enables our partners to offer convenience and immediate purchasing power to more customers, regardless of their mobile devices,” said John Owens, senior vice president of U.S. Bank Retail Payment Solutions. “U.S. Bank is continually looking for mobile opportunities to enhance the relationship with our partners and the experience our customers have interacting with us.”
The Android version of the REI app, called the “REI Visa App,” is free and available from REI’s website and at Google Play. The app allows consumers to easily apply for a U.S. Bank REI cobranded credit card. Approved customers can access a secure, virtual credit card via their mobile phone. The virtual credit card contains information that the new cardholder can provide to the sales specialist so purchases can be made immediately.
Like the iPhone version, the Android app provides anytime access to account management tools, such as viewing the account balance and most recent transactions as well as making a payment to the account. It also features a link to REI’s website to shop for favorite products.
U.S. Bank also provides its banking customers with mobile features that make it easy to check balances, pay bills, transfer money or even deposit a check while they are on the go. The company introduced and is piloting Find US+, an iPhone app that gives users a street view branch and ATM locator using the device’s camera.
U.S. Bank continues to be a leader in payment innovation. In addition to being the first to launch the instant line of credit applications for iPad® and iPhone, it was first to introduce a dual interface payment solution that combines EMV chip, Visa payWave and magnetic stripe technologies to enhance acceptance and compatibility with credit cards systems worldwide.

  • iPad app allows customers to view account details, transfer funds, pay bills and people, and deposit checks using the tablet camera
  • The app is built on the Mobiliti Enterprise platform, which the bank also uses to support mobile banking, enabling integrated channel management and analytics
BROOKFIELD, Wis.--()--Fiserv, Inc. (NASDAQ: FISV), a leading global provider of financial services technology solutions, today announced that U.S. Bank’s online banking customers now have access to an iPad® banking application (app) built on the Mobiliti Enterprise™ mobile banking and payments platform from Fiserv. The U.S. Bank app serves consumers’ growing interest in tablet banking. According to the 2011 Fiserv Consumer Trends Survey, 45 percent of current and prospective tablet owners use or would like to use them for banking.
“With Mobiliti, U.S. Bank is well positioned to meet their customers’ current and future desires for digital financial services through tablet and mobile devices”
Using the iPad app, U.S. Bank customers can check their account balances and activity, complete account to account transfers, view and pay bills, send and receive person-to-person payments and remotely deposit checks simply by snapping a picture. Customers can download the iPad app from the iTunes® app store via a link on the U.S. Bank site.
“Our customers are already using tablets to access their U.S. Bank accounts through the device’s browser, so we know the demand for tablet banking exists and is growing,” said Niti Badarinath, senior vice president and head of mobile banking, U.S. Bank. “Launching an app allows us to deliver a user experience specifically designed for the unique attributes of a tablet, such as the larger touch-screen and a more interactive interface.”
The U.S. Bank iPad application is built on the Mobiliti Enterprise platform, which powers other mobile services for the bank, such as text banking and apps for the iPhone® and Android™ phones. This provides U.S. Bank with integrated channel management and analytics across multiple mobile access modes, giving them a view of how consumers use each mode and how they move between them for different tasks. It also allows the bank to extend its proven mobile risk mitigation and security features to the tablet.
Consumer usability testing was employed during the app development process to ensure that the final product was intuitive and user friendly, and that it included the most sought-after capabilities. The app will continue to be refined based on user feedback.
“A significant portion of tablet owners are using them for banking activities, and as tablet ownership increases, demand for financial services delivered via tablet will increase as well,” said Mike Gianoni, group president, Financial Institutions Group, Fiserv.
“With Mobiliti, U.S. Bank is well positioned to meet their customers’ current and future desires for digital financial services through tablet and mobile devices,” said Erich Litch, division president, Digital Channels, Fiserv.
iPad, iTunes and iPhone are trademarks of Apple Inc. Android is a trademark of Google Inc.
About U.S. Bank
U.S. Bancorp (NYSE: USB), with $341 billion in assets as of March 31, 2012, is the parent company of U.S. Bank, the fifth-largest commercial bank in the United States. The company operates 3,080 banking offices in 25 states and 5,061 ATMs and provides a comprehensive line of banking, brokerage, insurance, investment, mortgage, trust and payment services products to consumers, businesses and institutions. U.S. Bancorp and its employees are dedicated to improving the communities they serve, for which the company earned the 2011 Spirit of America Award, the highest honor bestowed on a company by United Way. Visit U.S. Bancorp on the web at

Press Release: VeriFone and PayPal Sign Pact to Bring Alternative Payments to Large Retailers

SAN JOSE, Calif.--()--VeriFone Systems, Inc. (NYSE: PAY), and PayPal today announced a comprehensive licensing, marketing and implementation agreement that advances PayPal acceptance at large retailers nationwide.
“By working to extend PayPal’s reach into traditional retail, VeriFone is providing retailers with an immediate and simple way to adopt and manage new payment experiences that consumers are demanding.”
With VeriFone’s customer base encompassing 80 percent of the top 200 largest retailers in the U.S., the agreement provides PayPal with unprecedented access to over one million high volume points of sale. Together, VeriFone and PayPal offer retailers the opportunity to converge e-commerce and retail payments into a new shopping experience for consumers.
As participating retailers take advantage of VeriFone’s software upgrade and services, shoppers will be able to utilize the existing spectrum of PayPal payment methods at checkout, including using a PayPal Access card and PIN or entering a phone number and PIN. The VeriFone solution is future-proof so that adding new options, such as NFC, will be easy to implement when they become available.
“VeriFone’s extensive customer base and strong technology make it a natural ally for PayPal as we continue to deliver on our strategy to bring intelligent electronic payments and value-added offers to brick-and-mortar stores,” said Don Kingsborough, VP, Retail and Pre-Paid Services, PayPal.
Initially VeriFone will layer PayPal’s “digital wallet” interfaces and user experience at select merchant locations in the U.S., alongside traditional payment forms, spurring consumer demand for this unique payment experience. Long-term, VeriFone will enable PayPal acceptance natively as part of new services and solution packages offered to its expansive global retail customer base.
“Retailers who take advantage of the extensions to VeriFone’s platforms will be able to offer their customers a rich environment that integrates the virtual and physical retail worlds,” said Jennifer Miles, VeriFone executive vice president, North America. “By working to extend PayPal’s reach into traditional retail, VeriFone is providing retailers with an immediate and simple way to adopt and manage new payment experiences that consumers are demanding.”
PayPal acceptance will initially be implemented on VeriFone’s MX Solutions product families popular with large merchants.
Retailers can obtain additional information at
Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995 for VeriFone Systems, Inc.
This press release includes certain forward-looking statements related to VeriFone Systems, Inc. within the meaning of the Private Securities Litigation Reform Act of 1995. These statements are based on VeriFone management’s current expectations or beliefs and are subject to uncertainty and changes in circumstances. Actual results may vary materially from those expressed or implied by the forward-looking statements herein due to changes in economic, business, competitive, technological and/or regulatory factors, and other risks and uncertainties affecting the operation of the business of VeriFone Systems, Inc. These risks and uncertainties include: successful rollout of the PayPal acceptance solution on VeriFone payment systems, customers’ acceptance and adoption of our new product and service offerings, our ability to protect against fraud, the status of our relationship with and condition of third parties upon whom we rely in the conduct of our business, our dependence on a limited number of customers, uncertainties related to the conduct of our business internationally, our dependence on a limited number of key employees, short product cycles, rapidly changing technologies and maintaining competitive leadership position with respect to our payment solution offerings. For a further list and description of such risks and uncertainties, see our filings with the Securities and Exchange Commission, including our annual report on Form 10-K and our quarterly reports on Form 10-Q. VeriFone is under no obligation to, and expressly disclaims any obligation to, update or alter its forward-looking statements, whether as a result of new information, future events, changes in assumptions or otherwise.
About PayPal
PayPal is the faster, safer way to pay and get paid online. The service allows people to send money without sharing financial information, with the flexibility to pay using their account balances, bank accounts, credit cards or promotional financing. With 110 million active accounts in 190 markets and 25 currencies around the world, PayPal enables global commerce. PayPal is an eBay (NASDAQ:EBAY) company. PayPal is headquartered in San Jose, Calif. and its international headquarters is located in Singapore. More information about the company can be found at
About VeriFone Systems, Inc. (
VeriFone Systems, Inc. (“VeriFone”) (NYSE: PAY) is the global leader in secure electronic payment solutions. VeriFone provides expertise, solutions and services that add value to the point of sale with merchant-operated, consumer-facing and self-service payment systems for the financial, retail, hospitality, petroleum, government and healthcare vertical markets. VeriFone solutions are designed to meet the needs of merchants, processors and acquirers in developed and emerging economies worldwide.

Payments and Consumer Technology Leaders See Mass Market Ahead for NFC

May 23, 2012, 4:03 p.m. EDT

News From Smart Card Alliance NFC Solutions Summit Day One

BURLINGAME, CA, May 23, 2012 (MARKETWIRE via COMTEX) -- NFC SOLUTIONS SUMMIT 2012 -- Executives from MasterCard, Sony, Intel, and other leading companies took the stage yesterday at day one of the Smart Card Alliance's NFC Solutions Summit 2012 and they all agree: NFC is coming soon, and when it does, it will enable a broad array of applications that will enhance the consumer experience -- at the point-of-sale (POS) and in everyday interactions.
The Summit, held by the Smart Card Alliance in partnership with the NFC Forum, takes place this week through Thursday at the Hyatt Regency San Francisco Airport Hotel in Burlingame, California.
The journey to NFC is in the "middle stages" and NFC is "getting well along the way to mass market adoption," James Anderson, group head and SVP, Mobile and Emerging Payments at MasterCard, told more than 400 Summit attendees during his keynote. MasterCard made its commitment to bring NFC to consumers because NFC has so much potential beyond payments, Anderson said, and that "payment can be an enabler to a rich ecosystem of services."
According to Anderson, one of the ways to get consumers to use NFC technology is to put the technology "on the phones that people want to buy." He named several new mobile devices that have been certified as "PayPass Ready," a new mark that will identify to consumers that the handsets are capable of NFC payments. Anderson also talked about MasterCard's decision to bridge together a remote wallet service with its contactless product with "PayPass Wallet Services," saying that the "PC channel and POS channel are merging," and it is a "big stake in the ground to call this whole new world of payments 'PayPass.'"
At a press conference held during the Summit, Peter Ho, product manager for Wells Fargo Card Services and Consumer Lending, agreed with Anderson that payments will enable more NFC services. He said that "this is the best time to be in the payments business" because payments will lead to an "offer engine" for consumers and ultimately, there will be convergence of NFC into the identity space.
Mobile payment is important, but the availability of an array of innovative non-payment applications may be the key to wide consumer use of NFC, Koichi Tagawa, chair of the NFC Forum, and the general manager of Global Standards and Industry Relations Department at Sony, said in his keynote. Tagawa cited the example of Japan, which has used mobile payments phones for several years but doesn't have the read/write (i.e., exchanging information with a smart poster or tag), or peer-to-peer (i.e., exchange data with another NFC device) capabilities that NFC offers. Though there are 70 million mobile payment-enabled devices in Japan, only 25 percent of the population utilizes the technology because of the lack of these non-payment applications, according to Tagawa.
Tagawa also said that ensuring a widespread consumer base for NFC technology will require "global interoperability of contactless specifications implemented into mobile devices." He challenged the audience to use the NFC Forum's open and global set of specifications to develop as many creative applications as possible for hospitality, retail, physical access, social media, gaming, workforce audits, and more.
Speaking on Intel's recent efforts to enable NFC technology across its product lines, including its new tablets and Ultrabooks, Carlos Aguirre, Intel's wireless marketing product line manager, favorably compared NFC to the more-difficult-to-pair Bluetooth technology. Aguirre said "NFC is dramatically easier" and that NFC "could be the de facto standard in the future for how wireless devices pair," including keyboards, mice, speakers, televisions, stereo systems, cameras, and much more. It is this simplicity of use that is going to drive consumer demand for NFC-enabled devices. He said, "Users are going to start to demand the simplicity of getting exactly what they want, when they want it, without all of the additional steps and without all of the additional accessories."
Aditya Khurjekar, mobile consultant, formerly of Verizon Wireless, urged the audience to look at NFC from the consumer point of view, and give them what they expect: new mobile experiences, and more advanced experiences as handset technology evolves. He encouraged the industry to get NFC on as many mobile devices as possible, especially in the "coolest phones," and to "launch something already" so the consumers can experiment with the technology. You "can't have a grand equation for how consumers will behave -- they will tell us," he said. Khurjekar also said not to worry about "black holes," or limitations of mobile devices and operating systems, and that "a healthy ecosystem will find a way to work around black holes." In closing, he told the audience that they've barely seen the wide-ranging benefits of NFC yet. "We're just getting started," he promised.
Today's Summit featured concurrent sessions on technology, hardware and applications, and business services. There was also a panel on NFC non-payments services. Tomorrow, the Alliance will host "NFC OPEN Unconference Day," an innovative open conference format. A facilitator will enlist attendees to propose self-organizing sessions and presentations in areas dealing with NFC technology and business adoption issues and opportunities. For more information about Unconference Day, visit . Participants are encouraged to submit topics on the NFC OPEN wiki at .
For more information on the Summit, visit . Follow the Smart Card Alliance at @SmartCardOrgUSA, read and/or share your own news from the event on Twitter with hashtag #nfcsolutions.
Sponsors of the Summit are Infineon Technologies, Cubic Corporation, INSIDE Secure, Gemalto, Identive, and ViVOtech. More than twenty exhibitors are also showcasing their technology at this first joint NFC-themed Smart Card Alliance and NFC Forum event.
About the Smart Card Alliance The Smart Card Alliance is a not-for-profit, multi-industry association working to stimulate the understanding, adoption, use and widespread application of smart card technology.
Through specific projects such as education programs, market research, advocacy, industry relations and open forums, the Alliance keeps its members connected to industry leaders and innovative thought. The Alliance is the single industry voice for smart cards, leading industry discussion on the impact and value of smart cards in the U.S. and Latin America. For more information please visit .
About the NFC Forum The NFC Forum was launched as a non-profit industry association in 2004 by leading mobile communications, semiconductor, and consumer electronics companies. The Forum's mission is to advance the use of Near Field Communication technology by developing specifications, ensuring interoperability among devices and services, and educating the market about NFC technology. The Forum's 160+ global member companies currently are developing specifications for a modular NFC device architecture, and protocols for interoperable data exchange and device-independent service delivery, device discovery, and device capability.
The NFC Forum's Sponsor members, which hold seats on the Board of Directors, include leading players in key industries around the world. The Sponsor members are: Barclaycard, Broadcom Corporation, INSIDE Secure, MasterCard Worldwide, Microsoft Corp., NEC, Nokia, NTT DOCOMO, Inc., NXP Semiconductors, Renesas Electronics Corporation, Samsung, Sony Corporation, STMicroelectronics, and Visa Inc.
        Deb Montner
        Montner & Associates

SOURCE: The Smart Card Alliance

Verifone And PayPal Partner To Change The Way You Shop At Big Retailers

ePaymentNews                                      NFC Mobile Payment
iPhone 5 Features: 4-inch Display, iOS 6, NFC and 4G LTE in Plans
Mobile & Apps
Apple is expected to bring mobile payment features to the next iPhone. Earlier this year, Apple won patent for its iWallet app that could see the day of light in the upcoming iPhone. iWallet is Apple's answer to Google Wallet.
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Verifone And PayPal Partner To Change The Way You Shop At Big Retailers
Fast Company
BY Kit Eaton | 05-24-2012 | 8:54 AM Verifone and PayPal have just announced they're teaming up to bring PayPal's next-generation payment system to the country's large retailers. PayPal can already be used in about 2000 Home Depot stores.
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Fast Company

28 Breaking "Mobile Payment" News Stories for May 24, 2012

News17 new results for "Mobile Payment"
Mobile payment solutions are revolutionising business travel and invoicing
Travel Daily News International
Almost half of all companies expect mobile payment to make travel easier, yet presently, only 5% of them actually make use of this option for business travel. That is the conclusion drawn from exclusive expert interviews and a survey for the new white ...
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Travel Daily News International
Recently in the mobile payment space: action from Isis and a lot of thoughtful ...
ABA Banking Journal
Its chairman, Jeff Plagge, president of Northwest Financial Corp., Arnolds Park, Iowa, says, "With many emerging digital and mobile payment solutions, it is important to ensure competitive access and participation for banks of all sizes and charters.
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Avalara Eliminates 'Go Figure' From On-The-Go Sales; GoPayment Uses Avalara's ...
PR Web (press release)
Avalara's geolocation sales tax engine is now part of Intuit's GoPayment mobile payment application, which turns the most popular mobile devices into a mobile cash register. Using Avalara's industry-leading technology, GoPayment helps small businesses ...
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Mobile payments to oust cash and cards
... such as payments systems, mobile data communications and data analytics. "If they want to unlock the value of the transaction data they need to build up security and trust, as well as their knowledge of payment instruments," said Hale. Mobile payment.
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What's your bank's mobile payments strategy?
Currently, many mobile payment strategies focus on local person-to-person payments, but there is scope of bankers to expand the channel in order to cater for corporate treasurers, for instance. Banks can also benefit from mobile commerce, ...
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Which of these smartphone card readers will win the mobile payments race?
Econsultancy (blog)
So with that in mind, here are four companies hoping to take a share of the mobile payment industry. Backed by Twitter's Jack Dorsey, Square's mobile card reader work on iPad, iPhone and Android. It has proved popular with US merchants, and even gained ...
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Econsultancy (blog)
Israeli Zappix debuts new mobile bill pay app
Mobile Payments Today
According to a post on Globes Online, Zappix Ltd. has launched a mobile payment application that lets users pay for everything from parking tickets to water bills to gas bills. Twenty municipalities also allow Zappix users to pay their local property ...
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White House looking for a few 'bad asses' to kick-start 5 projects
The 20 percent campaign - This team will develop a mobile payment platform for the US Agency for International Development to make payments to support foreign policy, development assistance or government or commercial activities.
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Target Rollout Is Validation for Shopkick Mobile Rewards Tech
American Banker (subscription)
The retail giant, which gave an early boost to the Starbucks mobile payment app and the American Express low-fee prepaid card, has given shopkick the go-ahead for a nationwide rollout of the vendor's mobile rewards system at its stores.
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Buying just a click away
Independent Online
Mark Chirnside, the chief executive of PayU, an online and mobile payment service provider, said: "The online renaissance is happening now, not somewhere in the future any more." This comes on the back of the latest annual MasterCard Online Shopping ...
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Independent Online
Winners and Losers of Digital Age Banking
For this year, eBay projects that its global mobile-payment volume will reach $7 billion, almost double last year's $4 billion. The company is in an ideal position to be the big winner in m-commerce. It can develop an iWallet system, which would have ...
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Galaxy S3 Is Fastest-selling Pre-ordered Phone
Launched in London, Samsung is proclaiming the Galaxy S3 as the Official phone of the 2012 London Summer Olympics, and plan to release "a limited edition showcase device enabled with Visa's mobile payment application, Visa payWave, [which] will be ...
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Android Angry Birds Clone Earned its Makers £28k in Premium Rate Text Scam
Gizmodo UK
Mobile payment regulator PhonepayPlus said some 1391 customers were hit by the scam, and it received 34 complaints about the apps and their aggressive charges, with one user inflicting costs of around £80. The good news is they all got refunded once ...
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Gizmodo UK
Jamie Dimon, Bob Iger among country's best-dressed CEOs
New York Post (blog)
Jack Dorsey co-founded Twitter before creating mobile-payment service Square. Dorsey keeps a relatively low profile, but when he does make an appearance, he looks authoritative in his black-and-white ensembles. "He keeps it simple, ...
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New York Post (blog)
From Fringe to Mainstream: Companies Integrate CSR Initiatives into Everyday ...
These alliances are already transforming the economic architecture in parts of the developing world by giving financially underserved people a way to pay, get paid and save money, sometimes through electronic and mobile payment systems.
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Makeni to host Salone's First Marathon Race
Sierra Express Media
Sierra Leone's first mobile payment system. Since its inception, the charity has reached over 3000 children and reunified over 1000 children. The charity has built 12 primary schools in remote, rural communities which have never had schools before.
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Twitter Image Shows Nintendo Wii U
Planet Insane
The near field communication or NFC capability of the controller of the Nintendo Wii U will also allow it to support mobile payment systems. The Nintendo Wii U is expected to be unveiled by Nintendo during the upcoming Electronic Entertainment Expo or ...
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Planet Insane

Blogs4 new results for "Mobile Payment"
Payza's Online Payment Platform is Officially Launched to the Global ...
By including localized bank transfers and mobile payment support among the many secure and flexible options available, Payza offers people in developed and developing countries alike a convenient and affordable way to make and accept ...
Business - Latest News
What Is An Open Payment System?
A Mobile payment system acts in the same way as an online payment system in that it too uses the internet only this time it does done by using either a smart-phone or personal digital assistant (PDA). Related Coverage. What Is Payment ...
Latest Articles on
boxPAY – an Intreview with co-founder Iain McConnon | The M2M ...
By The M2M Daily
M2MD: What is the next revolution in Mobile Payment? IM: boxPAY are looking to roll out a Smart TV bill product at E3 in Los Angeles in June. I can't say too much about it, except that there are 100 million Smart TV's going to be sold next year, ...
The M2M Daily | Machine to Machine...
MedAfrica Wins Global Ericsson Application Award
By sbirgen
The 25 Pivot East 2012 finalists, on 10th May 2012,... Kopo Kopo grows out of incubation at m:lab East Africa. Mon 14th May 2012. For Kopo Kopo Inc, a Nairobi based mobile payment services... How to Register and Submit Apps to Samsung ...
Pivot East

Web7 new results for "Mobile Payment"
PayDragon: New Mobile Payment App | Small Business Technology
PayDragon is a free payment application accessible to all Android/iPhone users. PayDragon eliminates chances of any kind of hassle or hindrance by cutting ...
Canadian bankers release mobile payment guidelines | CTV News
New standards for financial institutions and telecommunications companies to guide the use of mobile devices in retail purchases were released Monday by the ...
Discussion on Repurpose your smartphone as a mobile payment center ...
I have used mobile payment app of CenPOS. But it sounds interesting. And it will b more creative to change the old one with new one. so i certainly to give it a ...
The Vicious Circle of Security: PCI and Mobile Payment Application ...
The PCI Council has issued a press release on mobile payment security, along with an "At a Glance" publication. These usually precede the release of new ...
GABA: Mobile Offers and Mobile Payment panel discussion - YouTube
On May 10, the German-American Businesses Association hosted a panel discussion where ...
Mobile Payment Technology on the Rise «
Google Wallet, Square and other mobile payment options are a great option for small businesses, and data from Deloitte shows they are becoming more popular ...
Parkmobile launches NFC-enabled mobile payment
Parkmobile launches NFC-enabled mobile payment. Oakland, Calif., May 17, 2012 -- Parkmobile USA, Inc. announced today that their revolutionary new mobile ...

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