With about 235 million Americans using mobile devices (about 50%), according to Comscore, and smartphone usage as ubiquitous as a cold can of beer, it’s easy to see why some retailers are jumping on the mobile-commerce bandwagon. With the growing popularity of PayPal, Square and mobile payment options, retailers are realizing the value in making [...]
The good news is that the National Retail Federation (NRF) recently released its 2013 economic forecast pointing to a projected 3.4% boost in retail industry sales. And the estimations are running true to form: The projected increase in retail industry sales is just shy of the 4.2% growth reported in early 2012. But the bad [...]
For Tom Gilbert, single-digit percentage growth is continuing to push multi-product gift card kiosk sales. And the president of the Royal Performance Group division at Royal Buying Group Inc. sees more changes coming. “As point-of-sale (POS) technology becomes more prevalent, prepaid loyalty/reward initiates become more available, either as a standalone product or as an added [...]
Merchants Object! Launches Website so merchants who take credit card payments can voice their side. Everyone who accepts credit cards—from small store owners to neighborhood restaurants—now has a way to speak out about an unfair deal that helps big banks and the credit card companies. Merchants Object! (www.merchantsobject.com) is a new nationwide campaign to inform [...]
Retailer invites users to help develop future features. 7-Eleven Inc. is turning over the future development of its new smartphone application (app) to the public. With hopes of making U.S. consumers’ lives even more convenient, the world’s largest convenience retailer is seeking public feedback as it expands features and capabilities of its recently released app. [...]
Payments and mobile technology industries ready to do business at ETA in New Orleans. The Electronic Transactions Association (ETA), the trade association of the global electronic payments industry, announced that floor space for the 2013 ETA Annual Meeting and Expo is 90% sold. The 2013 ETA Annual Meeting and Expo, the nation’s largest payments industry [...]
If a retailer doesn’t meet the deadline, the court will assume that retailer accepts the proposed settlement in full. NACS has launched a Website to help retailers from all channels express their opposition to the proposed credit card swipe fee settlement. The site, www.merchantsobject.com, provides the tools for all retailers affected by the proposed settlement [...]
Interchange fees at institutions covered by the rule dropped to an average of 24 cents per transaction during the final three months of 2011. The Federal Reserve said Tuesday it does not plan to change the rules governing the fees debit-card issuers receive from merchants, following a new report that showed sharp declines for most [...]
New features significantly improve access and management of site profile information across departments and from the field. GSP has announced the release of GSPSurveyor Mobile 2.0 for iOS. GSPSurveyor is a proprietary site profile management application that allows retailers to build and maintain store level details on various attributes as well as perform various surveys [...]
“We can see what our customers need and want, and now have the ability to quickly react to those changing needs,” says Honey Farms’ executive vice-president. Honey Farms Inc., with 36 locations in Massachusetts and New Hampshire, officially rolled out OpenStore earlier this month, and the free Honey Farms Inc. mobile app is worth the [...]
More c-stores will now be able to offer mobile and digital payments. Gilbarco Veeder-Root is working with PayPal on digital payment and other mobile solutions to be offered to Gilbarco customers worldwide. The initial effort will launch the PayPal payment capability to retailers with Passport point-of-sale. Future developments will bring PayPal solutions to Gilbarco’s growing [...]
From PCI compliance to loyalty programs, ensuring customers that their private information is secure and being used appropriately is essential in gaining their trust. By Howard Riell, Associate Editor. Consumers trust retailers with vital personal information every day. For their sake—and yours—protect it. It’s not as hard as some may fear. There are some basic [...]
“It is important to note that if you do nothing, it will be presumed by the court that you accept the terms of the proposed settlement,” says NACS president. The U.S. Court of Appeals for the Second Court has ruled that an appeal of the proposed swipe fee settlement that was announced July 13, 2012, [...]
Celebrates with fan appreciation contests and giveaways. Wawa hit one million Facebook fans on Jan. 28, and has launched a two week celebration to reward fans for their loyalty. From merchandise to gift cards, Wawa is showering its social media fans with affection. But the celebration doesn’t end there; Wawa is also launching its “What [...]
Customers can save 10 cents on every gallon of gas with new mobile payment program. Cumberland Farms has launched its free SmartPay Check-Link payment program that lets customers pay for gas and in-store purchases using their mobile phone or with the swipe of a card. After completing a free online enrollment process, SmartPay Check-Link users [...]