Yesterday, Andrew Johnson of American Banker magazine (and PaymentSource) interviewed ISIS head of marketing Jaymee Johnson (no relation). In the article published today, Johnson said: “The handset pipeline around NFC is basically just about to explode,” Jaymee Johnson, ISIS head of marketing, said in a June 22 interview. “That will change pretty dramatically … by the early … Continue reading According to Carriers: “NFC…Just About to Explode.”
VeriFone Defines Next Generation of Mobile Commerce Services with PAYMEDIA
VeriFone has crystallized its long-term position in a pivotal announcement today about a new product determined to put the VeriFone POS devices at the coveted center of payments, loyalty, and mobile commerce industries. As reported by American Banker this morning, VeriFone’s new service is called, “PAYMEDIA Solutions” and it appears to have the feature-rich experience … Continue reading VeriFone Defines Next Generation of Mobile Commerce Services with PAYMEDIA
Will Retailers Use “Tender Steering” to Control Interchange Fees?
A process called “tender steering” is new to most retailers. It means that a retailer can provide incentives to customers to use a particular type of card to pay. This method could give retailers the power to drive interchange rates down by driving customers to some types of cards and away from others. You might … Continue reading Will Retailers Use “Tender Steering” to Control Interchange Fees?
The SmartPhone Wallet is Now Available
A torrent of advertising and promotional marketing is heading your way to try to get you to use new services on your SmartPhone at retail stores. Perhaps you have already seen some, or signed up for some. At stake is the future of the credit card system that moves over $11 Trillion per year from … Continue reading The SmartPhone Wallet is Now Available
How Carrier Consortium Could Challenge Visa and MasterCard
Washington at Yorktown. Grant at Vicksburg. Abbott at San Francisco? Michael Abbott is the new CEO of the joint venture announced yesterday by AT&T Mobility, T-Mobile USA and Verizon Wireless. The name of the venture is ISISTM and their primary charter is building a national mobile commerce network that aims to “fundamentally transform how people … Continue reading How Carrier Consortium Could Challenge Visa and MasterCard
Migration from the Wallet to the Smartphone: Barcodes
Do you carry any barcodes with you in your wallet? What about your keychain? Take a look and count all of the loyalty cards, membership cards, coupons, and all of the other places were a barcode me here. I found four in mine, and I have thrown them all away in lieu of one of … Continue reading Migration from the Wallet to the Smartphone: Barcodes
DIY CyberGuy with David W. Schropfer 