Recent surveys and observations show that there is still no sufficient broad covering of cashless payment options in Germany. A journalist with the renowned FAZ newspaper spent just a week trying to live without cash; instead opting to try and pay for everything using alternative payment forms. Continue reading →
Today’s small but powerful mobile point of sale (POS) solutions are a win-win for both resellers and retailers alike. For retailers, the low cost of tablet and smartphone hardware offers a compelling alternative to traditional small merchant POS systems. Continue reading →
Small businesses nationwide rely on Intuit QuickBooks to run their businesses. Featuring accounting and finance management tools, Quickbooks is a cost-efficient solution to help business owners track sales and expenses, create invoices and even complete payroll. Continue reading →
This is the second part of a three-part series on mPOS benefits. You can catch up on the first Blog here.Think of all the experiences you’ve had recently with service-oriented businesses. Continue reading →
A common theme we heard during conversations with our Resellers at ETA TRANSACT 14 was:
"There is a horde of new “solution provider” competitors trying to sell direct-to-merchant with mobile POS offerings."Continue reading →
Listen to vendor pitches for mobile POS systems these days and 4-out-of-5 times you’re likely to come across a glaring disconnect. Rarely will you hear an mPOS solutions provider talk about countertop terminals (e.g., PIN pads) except in their desire to displace them! Continue reading →
As any savvy merchant knows, there’s a lot more that goes into a customer sale than just the exchange of goods and payment. Business success relies on repeat customers, performance of sales associates, even the day of the week. Continue reading →
Off course we know from the beginning this is not only a chicken and egg issue. Acceptance infrastructure and NFC terminals are not enough to make all these things happening. The value proposition to the merchant and the consumer is the key issue. And noone has the answer for the moment. Because proposing something unique to the consumer requires to build such a complex ecosystem that all attempts have failed until now. Google, banks, Visa, MC, Telcos noone has succeeded. Will Apple change this? not sure but we can continue to dream Geiben
I think there are a lot of people like me who have different reasons than you cited for avoiding NFC for payments. I happen to be a highly technical person who designs security products, but I think a lot of people who are less directly involved will have the same kinds of issues with NFC. It's easy to list some of them.
- My plastic payment cards work just fine, and are more convenient for me to use than something requiring me to pull out my phone and (god forbid) start an app, or enter a password, or anything else like that.
- My phone is a highly complex computer with connections to networks and with many apps that I do not trust very much. In other words, hackers may be able to attack my phone, or malware may be in the phone already. Neither of these are possible with my plastic payment cards, even EMV cards that have an on-card small computer.
- I do not want merchants or anyone else to be tracking where I go, or presenting me with unsolicited advertisements or "offers". By using my payment cards, I avoid that annoyance. TWA
[…] mobile devices (and thus customers) within stores, enabling location-based offers and information (Verifone Blog). This is not possible using NFC, which transmits data only across very short distances (the […] NFC vs. BLE: The Rise of the Beacons | Mondato