Content about Mobile payment

Consumer use of smartphones and tablets is helping to drive the growth of mobile transactions in retail. Chain Store Age spoke about the growing trend with Don Kingsborough, VP retail services, PayPal, which recorded $14 billion in mobile payments in 2012 and expects to exceed $20 billion this year. According to Kingsborough, PayPal is well-positioned to tap into mobile payment growth as it already has three key elements in place: a large consumer base (55 million-plus in the United States), a network of merchant partners and "ecosystem" partners.

New York -- Visa Inc. has entered into an agreement with mobile commerce provider ROAM, an Ingenico company, to enable merchants of all sizes to accept electronic payments using mobile technology. The companies aim to displace cash payments by expanding the reach of electronic payments to new merchant categories, and by making it easier for merchants and acquirers to take advantage of secure mobile acceptance solutions.

Duluth, Ga. -- NCR Corp. and PayPal, an eBay subsidiary, have entered into an agreement to integrate NCR's mobile solutions for hospitality and retail with PayPal's digital payment technology.

The combination provides restaurants and retailers an easy, powerful way to offer consumers a rich mobile and digital payment experience when buying the goods and services they want.

Seattle -- Starbucks Coffee Co. on Thursday started will accepting Square’s mobile payment application, Square Wallet, in approximately 7,000 U.S. Starbucks stores.

The new application, which allows customers to pay at Starbucks and explore nearby businesses, browse menu information, store hours and transaction history on their phone, is in addition to Starbucks own mobile payment applications on iOS and Android.

San Jose, Calif. -- VeriFone Systems said Tuesday that The Finish Line is deploying VeriFone’s latest mobile checkout and multimedia-driven countertop payment solutions.

Following a successful trial, Finish Line is currently deploying VeriFone systems chainwide with the goal of having all 638 locations equipped by mid-November when the holiday buying season begins. Finish Line is deploying 1,600 of the countertop multimedia MX 915 systems and 3,200 PAYware Mobile Enterprise secure mobile card acceptance devices for the iPod touch.

New York -- McDonald’s Corp. is testing a mobile payments service with PayPal in 30 McDonald’s locations in France.

Using the service, McDonald's customers can order food on smartphones through a McDonald's application, or online, and then pay for their food with PayPal via either the McDonald’s mobile app or a web browser. There is a separate line in the test locations to pick up the meals, according to a report in the Chicago Tribune.

Framingham, Mass. -- Mobile payments have more than doubled in popularity reaching over 33% of survey respondents, according to IDC Financial Insights’ eighth annual Consumer Payments Survey.

The new report, “Business Strategy: Results from the 2012 Consumer Payments Survey,” found that those that of whose had made a mobile payment, more than half used PayPal Mobile (56%), with Amazon Payments and Apple's iTunes service statistically tied at about 40%. 

By Matthew Talbot, Matthew.Talbot@sybase.com

New York City -- The Home Depot is expanding its use of PayPal, the online payment service of eBay, from the 51 stores in the pilot program to all of the home improvement retailer’s stores, Dow Jones Newswire reported.

Don Kingsborough, PayPal VP for retail and prepaid products, said PayPal should be available at all of Home Depot's approximate 2,000 U.S. locations by the end of next month, according to the report.

Dublin, Ireland -- Multiple reports on Thursday said that search giant Google plans to open its first stand-alone retail store, at its European headquarters in Dublin, Ireland.

The company last year in London tested a 285-sq.-ft. in-store shop where consumers could try out and buy Chromebooks and a few accessories. Located in a computer store, the in-store shop was open for approximately three months.

According to the reports, the Google store would be open to the public and would sell various Google merchandise.

New York City -- PayPal, which allows consumers to pay for goods online, is running a trial of in-store payments with Home Depot, Reuters reported. PayPay is a division of eBay Inc.

A pilot program for PayPal's new POS, technologies is being run in five Home Depot stores and involves a "small number" of PayPal employees, according to the report.
 

Seattle -- Starbucks has racked up 26 million mobile transactions since it launched its mobile payment program in January. Currently, the top five U.S cities for Starbucks mobile app adoption are New York, Seattle, San Francisco, Chicago, and San Jose.

In the first nine weeks of the program, there were 3 million transactions and in comparison for the nine week period starting in October, there were 6 million transactions, demonstrating a significant jump in customer adoption and use, the company reported.