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How mobile payments are changing the restaurant industry

Payments Dive

Mobile payment acceptance is leading to rapid change in the restaurant industry, impacting everything from credit card use to delivery and online ordering as well as customer loyalty.

Industry 397
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Industry Slant // Bo Berg Talks Giant Schnauzers, DJing, Financial Services

Perficient

BB : In 1992, I discovered these online bulletin boards, where you could communicate with people all around the world. MM: So, you started at City National Bank, and was the bank online before you got there? I touch a variety of sub-industries, including retail banking, commercial banking, and payments. MM: What happened next?

Industry 539
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Mastercard Aims To Fight ‘Gobbledygook’ On Online Card Statements

PYMNTS

It’s happened to almost all consumers: They’re idly perusing their credit card statements when they come across completely confusing, seemingly random charges from businesses they don’t recognize in locations they’ve never visited. Depending on the industry, friendly fraud can account for anywhere from 25-80 percent of all fraud losses.

Cards 220
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Open Banking Meets Instant Payments At The Online Checkout

PYMNTS

Building on top of the open banking infrastructure, PayDirect is a new payment method that enables companies to take online payments in a highly secure way, and also pay out to customers through the same rails. The reason is that you don’t need to remember any payment details, card numbers or bank numbers.

Online 300
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How ePayments Can Ease B2B Friction In The Travel Industry

PYMNTS

While the travel industry remains decimated due to the pandemic, with businesses just beginning to tiptoe toward some semblance of normalcy, the shift to digital processes is gaining traction. The new reality will be marked by low bookings; tight margins; financial pressures on online travel agents; and the need for cost management.

Industry 237
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Mastercard And Ethoca Help Merchants, Issuers Improve Online Transaction Clarity

PYMNTS

A new Mastercard initiative aims to improve online transaction clarity so that customers can know exactly who they purchased from, according to a press release Tuesday (Sept. With greater digital dependency, having real-time purchase details is critical for consumers, merchants and card issuers alike,” he said, according to the release. “We

Online 243
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EMV 3DS: Closing the Card Present/Card Not Present Auth Rates Gap

PYMNTS

“Prior to COVID-19, we were telling people that over the next five years, remote-commerce, card-not-present transactions will exceed in-store, card-present transactions,” Mendlowitz said. The Challange With Card-Not-Present Transactions . Mendlowitz does not doubt that EMV 3DS will become an industry standard.

Cards 293