10 news stories.
• Should Home Depot be in the NFCW Expo? Is this your organisation? Find out how to get your NFCW Expo showcase.
• Should Home Depot be in the NFCW Expo? Is this your organisation? Find out how to get your NFCW Expo showcase.
Merchants can now use Apple Pay to let shoppers purchase items from directly within an augmented reality experience, using a new Custom Action feature Apple has rolled out for AR Quick Look... More
Citigroup won’t use high deposit rates to win digital accounts: executive — Reuters — “Citigroup Inc does not plan to use high deposit rates to attract customers to its new digital bank accounts when it begins marketing this fall, the chief of its global consumer bank said on Tuesday… Instead, the bank will market the accounts nationally to its credit card customers, such as holders of its Double Cash card and cards it issues for American Airlines Group, and Costco Wholesale Corp and Home Depot Inc… Bird said, for example, that offering additional American Airlines mileage credits will attract stable deposits to the bank.”
Visa, Mastercard push for one-click ordering. Retailers say ‘not so fast’ — The Wall Street Journal — “Representatives of large retailers including Walmart Inc and Home Depot Inc met with federal regulators this week to raise concerns about a new online payment initiative that Visa Inc and Mastercard Inc are preparing to roll out… Retailers’ main concern with combining the buttons is that merchants won’t be able to route their debit card transactions to lower-cost networks.”
Introducing Pincodes! Discover ideas from brands and publishers — Pinterest — “Nordstrom will now feature Pincodes throughout select stores. When you come across one, just pull out your Pinterest app to unlock a little inspiration, like Nordstrom’s carefully curated Gifts Under $100 board. You’ll also start seeing Pincodes on products from Kraft Heinz (just imagine the recipes you’ll turn up!), in select Home Depot stores, from auto companies like Kia’s exhibit in the LA Auto Show and throughout the December issue of Real Simple.”
US retail giant Home Depot is planning to offer Apple Pay at its more than 2,000 stores, a rollout that would make it the largest retailer yet to accept the mobile payments service — though a deal with Apple is not yet in place... More
PayPal has signed up a further 15 national US retailers and completed deals with a suite of POS vendors as it rolls out its plans to become a major offline payments brand... More
PayPal is planning to offer merchants who adopt its in-store mobile payments service both lower costs and access to more detailed customer data, according to a Reuters news report... More
“The US payments industry should undergo a coordinated migration to chip and PIN transactions which should support a broad range of payment types (contact, contactless, dual interface, debit, credit, stored value, private and ‘white’ label, etc.) and devices (cards, mobile devices, fobs, etc.),” says the Merchant Advisory Group, a retailer trade association whose members include Walgreens, Walmart, Target, Sears, McDonald’s, Best Buy and Home Depot... More
Online payments giant PayPal has signed a deal with Ingenico that will see its mobile payments technology integrated into the POS terminal maker’s new and legacy contactless acceptance devices... More
Home Depot has become the first US retailer to test PayPal’s mobile payments solutions in-store... More