What's New in Payments

Malaysia’s first cashierless store opens in Subang Jaya

Malaysia’s first self-service convenience store has opened in Subang Jaya — Says — “Following the likes of Amazon and Alibaba, an e-payment operator has opened Malaysia’s first unmanned, self-service convenience store… Customers are required to download the Irispay app, fill in personal details, and scan the QR code on the products before making payment.”


What's New in Payments

China’s JD.com to open hundreds of unmanned convenience stores

Chinese online retailer JD plans to open hundreds of unmanned shops, ahead of Amazon — The Telegraph — “Chinese online retailer JD.com has beaten Amazon to the next stage of the shopping revolution by announcing plans to open hundreds of ‘unmanned’ convenience stores. The shops have already been trialled with JD’s 10,000 employees at headquarters in Beijing and use facial and recognition technology to register payment and product identity, meaning that customers do not have to wait in a checkout line.”



What's New in Payments

Amazon moves closer to rollout of automated stores

Amazon’s cashierless store is almost ready for prime time — Bloomberg — “For the past year, Amazon employees have been test driving Amazon Go, an experimental convenience store in downtown Seattle. The idea is to let consumers walk in, pick up items and then pay for them without ever standing in line at a cashier… In a sign that the concept is almost ready for prime time, hiring for the Amazon Go team has shifted from the engineers and research scientists needed to perfect the platform to the construction managers and marketers who would build and promote the stores to consumers.”


NFC World

Amazon Key to let delivery drivers and service providers into homes

Introducing Amazon Key, a new level of delivery convenience for Prime members — Amazon — “Available initially in 37 cities across the United States, Amazon’s innovative new service enables in-home delivery at no extra cost. Amazon Key also allows customers to grant secure home access for guests and, coming soon, tens of thousands of service providers, such as Merry Maids, Rover and professional services from Amazon Home Services. Amazon Key includes the Amazon Key app, a smart lock and the company’s newest device, Amazon Cloud Cam, an intelligent indoor security camera.”


What's New in Payments

Amazon puts new focus on its Amazon Coins virtual currency

Amazon debuts a new Appstore app with better discovery, focus on Amazon Coins — Techcrunch — “Introduced in 2013, the Amazon Coins platform represents a different means of encouraging consumers to pay for apps and in-app purchases. Instead of seeing a dollar amount associated with their purchase, app developers show the purchase amount as coins… The idea is that the more Coins you purchase, the more you’ll save on the purchase amount. For example, 100 Amazon Coins are worth $100, but when you buy them in larger bundles, they cost less. With the highest package, customers can save up to 22% on their Coin purchases.”


What's New in Payments

Barclays CEO: Payments is the battleground of finance

Barclays CEO says bank must protect payments business from Apple, Amazon — Bloomberg — “Barclays Plc will need to defend its advantages in the payments business from encroachment by technology companies including Amazon.com Inc and Apple Inc, according to chief executive officer Jes Staley. ‘There are some tectonic shifts going on, driven by tech and the geopolitical environment… All the banks are very focused on the payments space. That may be where the battleground of finance is fought over the next 15 years.’”


Nissan drivers to use Amazon Alexa to unlock their vehicles

NissanConnect Services skill for Amazon Alexa — Nissan — “Forgot to lock your vehicle? Looking to remotely start your Nissan to heat it up or cool it down before you get in? The NissanConnect Services with Amazon Alexa skill allows you to connect with and control your Nissan vehicle, or vehicles, as quickly and easily as having a conversation… With NissanConnect Services with Amazon Alexa, you can use your voice to remotely start your Nissan, unlock your doors or flash your lights.”




USAA launches pilot of new skill for Amazon Alexa

USAA launches pilot of new skill for Amazon Alexa — USAA — “USAA’s skill for Amazon Alexa pilot will leverage Clinc’s artificial intelligence conversation management technology to produce a more human-like interaction from Amazon Alexa, as the skill remembers context, follow-up questions, and complex human language. This technology will also learn as members interact with it and infer information not explicitly specified by users throughout a conversation.”


What's New in Payments

Amazon Pay Places lets you pay for real-world shopping using your Amazon info

Amazon Pay Places lets you pay for real-world shopping using your Amazon info — Techcrunch — “Amazon is today introducing a new feature called Amazon Pay Places, that allows customers to pay for in-store and order ahead shopping experiences using their Amazon app… Instead of using cash, check, credit or debit while shopping out in the real world, you can just use your Amazon account information. The first implementation of Pay Places involves a partnership with the TGI Friday’s restaurant chain.”


Alibaba challenges Google, Amazon with new Echo-like device

Alibaba challenges Google, Amazon with new Echo-like device — Bloomberg — “Importantly, the gadget — powered by the AliGenie system — may eventually simplify shopping for the Chinese e-commerce giant’s 450 million active buyers who turn to the website for everything from cherries to makeup. It will begin formal sales from August 8 only for China and won’t come with a display.”


What's New in Payments

In China, Amazon’s ‘store of the future’ is already open

In China, Amazon’s ‘store of the future’ is already open — Tech In Asia — “This is a typical Bingobox store… A shopper opens the door – and registers with the startup – through WeChat, the popular messaging app… The customer has to scan each item’s barcode. And then pay on their phone, either via WeChat or Alibaba’s mobile wallet app, Alipay. As you leave the store, a camera checks you’re taking out only the stuff you paid for.”


What's New in Payments

Harris Poll: PayPal leads mobile payment brands, yet up-and-comers making brand equity gains

Harris Poll: PayPal leads mobile payment brands, yet up-and-comers making brand equity gains — The Harris Poll — “PayPal — followed closely by Amazon brands — retains its Brand of the Year designation, leading mobile payment brands for the third consecutive year. However, up-and-coming brands Venmo (owned by PayPal), Square, and Apple Pay are making significant gains, according to new research from The Harris Poll’s 29th annual EquiTrend Study.”


What's New in Payments

Amazon gives 2% rewards back to Prime members who deposit cash via their bank account

Amazon gives 2% rewards back to Prime members who deposit cash via their bank account — GeekWire — “Amazon Prime Reload gives customers 2% back when they reload their Amazon Gift Card Balance with a connected checking account and linked debit card. For example, if you load $100 onto your Gift Card Balance from your checking account, you’ll get an extra $2 in Amazon dollars added within minutes.”


What's New in Payments

Bango enables new payment option for Amazon customers in Japan

Bango enables new payment option for Amazon customers in Japan — Bango — “Amazon customers with a KDDI (au) or NTT Docomo mobile phone account can now pay for physical goods from Amazon.co.jp, by charging the cost to their mobile phone bill… A KDDI or NTT Docomo subscriber simply adds carrier billing as a payment option in their Amazon.co.jp account and then purchases can be made from any device.”


What's New in Payments

Amazon adds shoppable stickers to its iOS app

Amazon adds shoppable stickers to its iOS app — TechCrunch — “Amazon has added support for stickers within its iOS app’s camera feed — the feature that allows you to search for products on its site by viewing real-world objects through your phone’s camera… In addition, you can tap on the “i” (information) button on the stickers themselves to be taken to the product detail page.”


Control Ikea Home Smart products with Amazon Alexa, Google Assistant and Apple’s Home app

Control Ikea Home Smart products with Amazon Alexa, Google Assistant and Apple’s Home app — Ikea — “Ikea is adding functionality to its smart lighting range by enabling people to voice control their lighting with Amazon Alexa and Google Assistant and to set up and adjust lighting using Apple’s Home app and Siri voice commands. This takes Ikea one step closer to making smart home technology accessible for the many.”


Disconnected experiences put customer loyalty at risk

Disconnected experiences put customer loyalty at risk — MuleSoft — “Nearly half of UK consumers (48 per cent) would be happy for banks to share their banking transaction history with a trusted third-party if it gave them a more personalised banking experience… Nearly a third (30 per cent) of UK respondents would consider using Amazon, Google, Facebook or Apple for banking services if it was offered, rather than using their standard bank.”