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Today In Payments: Samsung Pay Launches Debit Card; Apple Introduces New eCommerce Portal

PYMNTS

In today’s top news, Samsung Pay is launching a debit card and a money management tool, and Apple has introduced a new ecommerce portal. Samsung Pay Launches Debit Card, Money Management. Samsung Pay is launching a physical debit card, and this summer the company will introduce a money management tool in partnership with SoFi.

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Mobile Payments: What’s In It For Me?

PYMNTS

NanoPay is finding that for mobile payments to take off, even among early adopters, using a phone to pay must be much more rewarding and convenient than tapping a card. Vodafone is the third-largest mobile operator in the U.K. Apple Needs To Diversify. Meanwhile, consumers in Asia have no such qualms, while the U.S.

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In Retail, Are Rewards Their Own Reward?

PYMNTS

Retail is a dog-eat-dog world, operating at times on the thinnest of margins. credit cards, 1.3 debit cards and 1.3 store affinity cards. credit cards, 1.3 debit cards and 1.3 store affinity cards. Rewards can help lure customers to a brand and keep them there.

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Costa Coffee Trials Delivery, Loyalty Program For A Faster Fix

PYMNTS

UX, Payments and App Innovation. We did a lot of operational testing beforehand. We actually set up mock stores where we would test the operational experience of customers ordering on the phone and showing up to pick it up,” Sharif said, adding that the service will expand to Costa’s more than 2,400 stores across the U.K.

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Can Smartphones Solve ATM Skimming

Banking 2020

According to a recent article in ATMMarketplace.com, card skimming accounted for more than $2 billion in losses. Consumers remain largely unaware around the issue of card skimming and even those who are mindful of the risk, don’t believe they are liable for potential losses. Perhaps the biggest problem is perception.

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The 2019 GonzoBanker Awards

Gonzobanker

Second Curve analyst Zack Maxfield opened a TD Bank checking account on his phone in nine minutes while he waited to speak with a teller at one of the bank’s branches, but waited an hour to fund the account and order a debit card. The 2019 Industry Oh Sh*t Moment Award – Goes to Apple and Goldman Sachs for the Apple Card launch.

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The 2022 GonzoBanker Awards

Gonzobanker

As if that wasn’t enough, regulators took a sledgehammer to debit fee income with Reg II changes that will begin reducing card-not-present interchange fees starting in July 2023. Acronym of the Year – CCCA (Credit Card Competition Act). In January, we were discussing crypto and the need to formulate customer crypto strategies.

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