payment systems

Thumbnail-Photo: The evolution of retailing through the cash perspective...
09.01.2020   #payment systems #cash management

The evolution of retailing through the "cash perspective"

How cash payments reflect a changing landscape

iXtenso sat down with both new and familiar faces at APG Cash Drawer to speak about the interplay between the changing retail landscape, what’s driving innovation and influencing retailing in the future. Interviewees at APG included: Paul ...

Thumbnail-Photo: POS Terminals: Control center in your pocket...
21.10.2019   #mobile payment #POS systems

POS Terminals: Control center in your pocket

Mobile, flexible, secure? – What business needs do POS systems have to meet today?

At the store, on the go or at the customer's home - POS terminals can be easily used in many settings, offering businesses greater flexibility.In this interview, Reinhard Blum, CEO of CCV Deutschland GmbH talks about the advantages of this ...

Thumbnail-Photo: When customers become cashiers
01.10.2019   #mobile payment #epos systems

When customers become cashiers

Treading a fine line between traditional and visionary, between checkouts and codes

For years, we have done this in online stores: we fill our shopping cart, click to pay and are excited about our purchase. Thanks to the snabble app - now available at the Knauber Hobbymarkt in Bonn and at IKEA in Frankfurt – consumers can ...

Thumbnail-Photo: retail trends 3/2019: focus checkout zone
16.09.2019   #customer satisfaction #mobile payment

retail trends 3/2019: focus "checkout zone"

Shopfitting, technology, marketing: What does a checkout have to do nowadays?

Read our latest edition retail trends 3-2019 online as an e-paper. ...

Thumbnail-Photo: The 411 on point of sale systems
09.09.2019   #cashpoints #payment systems

The 411 on point of sale systems

Beauty and intelligence combined: What the system looks like and what it can do

Checkout system, material, paint finish – apart from technology and design, today’s point of sale system must fulfill many different roles. Yet its most important function is and will always be the successful completion of the customer ...

Thumbnail-Photo: “Carbon” – The future of payment transactions by InterCard...
18.03.2019   #payment systems #iXtenso videos

“Carbon” – The future of payment transactions by InterCard

Customer-oriented processes beyond standard market solutions

Thumbnail-Photo: The right payment options for online stores
11.02.2019   #online trading #brick and mortar retail

The right payment options for online stores

How you can combat shopping cart abandonment with the right methods

One of the main reasons why shoppers will abandon a purchase is when popular online payment methods are not an option. That’s why online retailers must know what these payment options are. We give you an overview of the pros and cons for ...

Thumbnail-Photo: A new approach to cash handling
01.02.2019   #payment systems #services

A new approach to cash handling

Cash as a service

Thanks to the rapid expansion of e-commerce and Amazon, there is no doubt that a range of new card payment options are on the rise. At the same time, retailers are still handling enormous amount of cash daily because cash remains by far the most ...

Thumbnail-Photo: Toshiba spotlights new innovations for empowering retail...
21.01.2019   #mobile payment #payment systems

Toshiba spotlights new innovations for empowering retail

Showcasing its latest solutions, services and innovative concepts at hall 9 booth B42

Visitors to EuroCIS 2019 will learn at Toshiba's booth how every retailer can design his checkout to suit his and the customers' needs. Under the motto "Empowering the Art of Retail", Toshiba will present its end-to-end IT ...

Thumbnail-Photo: What’s next for payments in 2019?
07.01.2019   #security #payment systems

What’s next for payments in 2019?

US Payments Forum Market Snapshot

The U.S. Payments Forum released its quarterly Market Snapshot, providing a look at the state of EMV chip adoption in the U.S., fraud and what’s next for payments in 2019.According to the U.S. Payments Forum, 99 percent of the top 200 ...

Thumbnail-Photo: RFID tags with features for the cashierless store...
29.10.2018   #mobile payment #payment systems

RFID tags with features for the cashierless store

Customers can unlock products on their own thanks to smart tags

China and the U.S. already feature cashierless stores but things are coming along in Europe, too. Several startup companies want to eliminate long checkout lines and advertise better retail security tags. We took a closer look at these ...

Thumbnail-Photo: E-payments emerge as go-to method of paying
14.09.2018   #payment systems #payment terminals

E-payments emerge as go-to method of paying

Pressed for time, millennials consumers look for convenience and flexibility

The desire for convenience by consumers is reshaping the retail sector, where retailers are scrambling to offer a seamless shopping experience with latest technologies such as self-service checkout systems and contactless payment technology. In such ...

Thumbnail-Photo: Payment solutions in the self-service market...
13.09.2018   #payment systems #self-checkout systems

Payment solutions in the self-service market

CCV and PAX are forming a joint venture

CCV, one of the largest payment service providers and suppliers of payment solutions in Europe, and PAX Technology Limited, subsidiary of PAX Global Technology Limited (“PAX Global”) (Stock Code: 00327.HK), one of the leading electronic ...

Thumbnail-Photo: Francisco Partners Completes Acquisition of Verifone...
27.08.2018   #payment systems #payment terminals

Francisco Partners Completes Acquisition of Verifone

Mike Pulli assumes role of CEO at Verifone

Verifone Systems, Inc. (“Verifone” or the “Company”), a global leader in payment and commerce solutions, today announced that it has been acquired by an investor group led by Francisco Partners, a leading technology focused ...

Thumbnail-Photo: Is fraud inevitable when shopping online?
27.08.2018   #security #payment systems

Is fraud inevitable when shopping online?

Two thirds of UK consumers think so but chose convenience anyway

The majority of UK consumers now accept the risk of fraud when shopping online as eCommerce shows no signs of slowing down, according to findings from Paysafe. Seven in 10 (70 percent) now prefer shopping online rather than going to physical stores, ...

Thumbnail-Photo: Major payment data concerns among consumers
16.08.2018   #customer satisfaction #security

Major payment data concerns among consumers

Retailers should address low security expectations

A survey commissioned by Transaction Network Services (TNS) has found that 85 percent of adults in the US, UK and Australia believe the number of criminals trying to steal credit and debit card data is increasing. More than two thirds are ...

Thumbnail-Photo: No-checkout store of the future: Successful retail projects...
06.08.2018   #digitization #cashpoints

No-checkout store of the future: Successful retail projects

Fine-tuning of the major rollouts has also started in Germany

Robots as sales consultants, REWE’s self-checkout at the neighborhood store or digital price tags. Slowly but surely, customers get used to and increasingly accept these innovative supermarket concepts. But are customers ready to take the next ...

Thumbnail-Photo: JBC improves the checkout process
06.07.2018   #payment systems

JBC improves the checkout process

Belgium clothing chain looks back with satisfaction

In 2015, JBC – a major Belgian clothing retailer – worked with Checkpoint Systems to roll out radio frequency identification (RFID) across its supply chain. This made the company one of the pioneers of the technology in Belgium and three ...

Thumbnail-Photo: Europe: Nine out of ten largest grocery chains go for an APG cash drawer...
05.07.2018   #payment systems #payment terminals

Europe: Nine out of ten largest grocery chains go for an APG cash drawer

Long relationship with APG’s bespoke products

Many perceive a cash drawer as simply a metal box used for storing cash. While this discernment may be true to millions of shoppers it could not be any further from the truth for the shop owners. The European Central Bank’s November ...

Thumbnail-Photo: The pharmacy of the future
11.06.2018   #security #payment systems

The pharmacy of the future

State-of-the-art cash management leads to an increase in efficiency and security

The Kornhaus pharmacy in Leutkirch is the first pharmacy in Germany to use GLORY’S cash management system in conjunction with the Aposoft merchandise management system. The CI-10 payment solution from the cash management specialist’s ...

Thumbnail-Photo: Mastercard retires customer signatures
26.04.2018   #customer satisfaction #payment systems

Mastercard retires customer signatures

Merchants newly empowered to simplify and speed store checkout

Mastercard announced that merchants in the U.S. and Canada can forego cardholder signatures for in-store credit and debit purchases, effective on April 13. The goal is to speed customers through checkout lines and give merchants greater control ...

Thumbnail-Photo: Goodbye cash – or maybe not? Germany’s relationship with cash and...
03.04.2018   #payment systems #smartphone

Goodbye cash – or maybe not? Germany’s relationship with cash and credit cards

Electronic payments are on the rise – cash payments continue to decline. Is that a sign that Germany will soon abolish cash? That‘s quite unlikely.

Not again! I just want to make I quick bakery run and grab a roll. Do I have enough change in my wallet? No. What about my purse? Yes, I found two Euros! That should be enough. Otherwise, I would have had to get some cash first. When it comes to ...

Thumbnail-Photo: Using chat to shop online
03.04.2018   #e-commerce #customer relationship management

Using chat to shop online

The integration of payment processes in messenger

A large portion of our days is spent on social networks, forums, blogs and messaging apps. There is still a lot of untapped potential for retailers who want to position themselves and their product choices in these settings. This applies especially ...

Thumbnail-Photo: Payment procedures: online retailers must customize the checkout...
03.04.2018   #online trading #digitization

Payment procedures: online retailers must customize the checkout experience

What PSD2 and the geoblocking ban mean for payment options in online stores

Credit card, PayPal, direct debit, pay by invoice or instant transfer – payment options for online shoppers drastically influence the buying decision process. Nevertheless, store owners still underestimate the importance of payment choices and ...

Thumbnail-Photo: Make it easy: Optimizing the checkout process...
08.03.2018   #mobile payment #payment systems

Make it easy: Optimizing the checkout process

If everything runs smoothly here, customers and retailers are happy: at the checkout. This requires the best technologies. These can be seen at EuroCIS.

Customers should be able to finish their shopping as comfortably as possible. Contactless and mobile payment as well as self-checkout can contribute to this. The possibilities for retailers have evolved extremely quickly. EuroCIS shows the ...

Thumbnail-Photo: From payment device to interaction interface between retailer and...
28.02.2018   #digital signage #payment systems

From payment device to interaction interface between retailer and customer

EuroCIS 2018: Verifone relies on its own App-Marketplace

At EuroCIS 2018, Verifone is presenting the extended Engage series, which takes up current retail trends such as digital signage and beacons. Markus Hövekamp presents the highlight of the product family - the portable terminal V400m. ...

Thumbnail-Photo: Omnichannel: engbers Männermode rolls out a new concept...
15.02.2018   #customer satisfaction #customer relationship management

Omnichannel: engbers Männermode rolls out a new concept

Numerous background processes but only one payment process at the point of sale system

The men’s clothing store engbers has recently completed the test phase of a new omnichannel solution for its in-store point of sale systems. Now the rollout starts in all 320 stores throughout Germany and Austria. The implementation primarily ...

Thumbnail-Photo: Unified Commerce: Mapping all processes in real time...
15.02.2018   #online trading #e-commerce

Unified Commerce: Mapping all processes in real time

Avoid "frustrating stumbling blocks in the shopper experience”

Once it was multichannel, then omnichannel and now unified commerce. With new software options, all the functions of a customer journey are supposed to be apparently invisible and run from a single source. Jean-Marc Thienpont, Managing Director POS ...

Thumbnail-Photo: UK retailers unaware and unprepared in the face of Payment Services...
17.01.2018   #payment systems #economy

UK retailers unaware and unprepared in the face of Payment Services Directive

Report calls for retail technology vendors to educate retailers and help them innovate

New research from independent technical consultancy Consult Hyperion and tech PR consultancy CCgroup, reveals that major UK retailers are unaware, unprepared and paralysed ahead of the Second Payment Services Directive ...

Thumbnail-Photo: “Just walk out“: the invisible payment process...
06.12.2017   #online trading #e-commerce

“Just walk out“: the invisible payment process

Pay automatically with zero-click payment and smart store technologies

Retailers are constantly looking for solutions that make payments easier and more automated. After all, an easy payment process also makes it easier to spend money, at least when it comes to small amounts and quantities. According to a study by ...

Thumbnail-Photo: Visa creates wearable payment devices in the spirit of the Olympic...
10.11.2017   #brick and mortar retail #payment systems

Visa creates wearable payment devices in the spirit of the Olympic Winter Games

Payment-enabled gloves and stickers

Visa, the exclusive payment technology partner at the Olympic and Paralympic Games, introduced three commercially available wearable payment devices. In the spirit of the Olympic Winter Games, Visa created NFC-enabled payment gloves, commemorative ...

Thumbnail-Photo: 7-Eleven gives unbanked access to online shopping with Amazon Cash...
10.11.2017   #brick and mortar retail #payment systems

7-Eleven gives unbanked access to online shopping with Amazon Cash

Paying with a barcode

Online shoppers who don’t have a credit card, or prefer not to use one for purchases, can now use Amazon Cash to add funds to their Amazon.com Balance at almost 8,000 7‑Eleven stores in the U.S. The process is simple. To load money into ...

Thumbnail-Photo: Mobile payment can fail due to lack of knowledge and enthusiasm of...
15.10.2017   #mobile payment #customer relationship management

"Mobile payment can fail due to lack of knowledge and enthusiasm of checkout personnel"

Interview with Professor Ludwig Hierl of the DHBW Heilbronn

Out in the field, new technologies hinge on whether the people who use them also accept and adopt them. In this conversation with iXtenso, Professor Ludwig Hierl points out that things are still amiss when it comes to mobile and contactless payment ...

Thumbnail-Photo: Smart store technologies to generate over 78 billion dollars...
12.10.2017   #payment systems #marketing research

Smart store technologies to generate over 78 billion dollars

Invisible payments & other connected technologies to boost retail revenues as omnichannel strategies move in-store

Amazon Go and other ‘invisible payment’ technologies, aimed at reducing or removing physical checkouts from the retail experience, will process over 78 billion dollars in transactions by 2022, up from an expected 9.8 billion dollars this ...

Thumbnail-Photo: Visa enables payments on Fitbit’s first smartwatch...
01.09.2017   #payment systems #smartphone

Visa enables payments on Fitbit’s first smartwatch

“How We Will Pay” study shows consumers who own wearables buy more

Visa announced it is enabling Visa payments on Fitbit’s first smartwatch – Fitbit Ionic. Eligible cardholders of participating banks will be able to make payments with Fitbit Pay, Fitbit’s new payment function, when available. With ...

Thumbnail-Photo: How bakeries blend tradition with future
28.08.2017   #digital signage #payment systems

How bakeries blend tradition with future

Bakeries are keeping up with modern retail using omnichannel presence, contactless payment solutions, and digital signage

The bakery trade has a long history. The baker profession dates back more than 1000 years. Yet despite its proud past, bakeries have a difficult time these days because they have to increasingly compete against rival types of businesses. Many gas ...

Thumbnail-Photo: Overstock.com announces adoption of all the major cryptocurrency payments...
17.08.2017   #online trading #payment systems

Overstock.com announces adoption of all the major cryptocurrency payments

First major retailer to accept bitcoin continues to lead the way in adoption of cryptocurrency payments

Overstock.com announces an integration with ShapeShift, the world’s leading instant digital asset exchange, that allows customers to use all the major cryptocurrencies, including Ethereum, Litecoin, Dash, Monero, and the new Bitcoin Cash, ...

Thumbnail-Photo: Visa supports the new global QR Code Payment Specifications...
11.08.2017   #mobile payment #payment systems

Visa supports the new global QR Code Payment Specifications

Simplifies onboarding for small and medium-sized merchants who want to deploy QR code digital payments

Visa announced its support of the new global QR Code Payment Specifications from EMVCo, the global technical body that manages the EMV Specifications. The specifications cover consumer-presented and merchant-presented QR code use cases for digital ...

Thumbnail-Photo: CCV re-equips new payment infrastructure at Tchibo...
31.07.2017   #payment systems #payment terminals

CCV re-equips new payment infrastructure at Tchibo

New hardware allows contactless payments via NFC

CCV Germany wins the project launched by Tchibo to re-equip the new payment infrastructure of the Hamburg-based company. The CCV solution "hosted acCEPT", which consists of the terminal hardware "CCV Pad" in connection with the ...

Thumbnail-Photo: Instant payment solutions offer great potential...
16.06.2017   #digitization #payment systems

Instant payment solutions offer great potential

For customers, making payments is becoming as easy as sending an email

Until recently, instant payment was a term only known to experts and also had many different types of definitions assigned to it. Here is an attempt to bring some order to this chaos and give an overview. What are instant payments? The van den ...

Thumbnail-Photo: Cryptocurrency on the rise
12.05.2017   #mobile payment #payment systems

Cryptocurrency on the rise

Underdog Bitcoin evolves into retail sector’s payment solution

Digital money – also known as cryptocurrency – has finally made its way into the offline world. Since April, Japan officially recognizes online currencies as means of payment. Known as the “Bitcoin City”, the Dutch city of ...

Thumbnail-Photo: APG Cash Drawer announces hire  of Distribution Channel Manager...
15.03.2017   #payment systems #personnel management

APG Cash Drawer announces hire of Distribution Channel Manager

Global cash management solution manufacturer strengthens commitment to POS channel relationships

APG Cash Drawer announced the addition of Lisa Hughes to the position of Distribution Channel Manager. In her role, Hughes will oversee relationships with channel contacts, specifically APG's distributors Ingram Micro, Inc. and ScanSource POS ...

Thumbnail-Photo: Solutions for the Connected World from Verifone...
09.03.2017   #mobile payment #payment systems

Solutions for the Connected World from Verifone

Payment terminals are increasingly becoming the network endpoint

Verifone's EuroShop appearance therefore has the slogan „Solutions for the Connected World“. Markus Hövekamp explains in the interview what this means for modern communication. ...

Thumbnail-Photo: CCV Base Next
01.02.2017   #payment systems #payment terminals

CCV Base Next

All-in-one: desktop and mobile!

The brand new CCV Base Next convinces with its large memory capacity, a 4" color display and a fast printer. The CCV Base is attractive and really flexible because of its desktop and mobile usability. Wireless, mobile payment is possible ...

Thumbnail-Photo: German retailer Bartels-Langness selects Verifone to offer customers new...
20.01.2017   #mobile payment #payment systems

German retailer Bartels-Langness selects Verifone to offer customers new self checkout experiences

Special promotions and a variety of payment options possible

The German retailer Bartels-Langness Handelsgesellschaft (Bela) has selected Verifone (NYSE: PAY), a world leader in payments and commerce solutions, to enable shoppers in Germany with smart, interactive experiences at checkout including special ...

Thumbnail-Photo: Verifone at the EuroShop 2017: Solutions for the Connected World...
17.01.2017   #payment systems #payment terminals

Verifone at the EuroShop 2017: Solutions for the Connected World

German premiere of Verifone Carbon

“Solutions for the Connected World” is Verifone's motto at this year's EuroShop in Düsseldorf. The world’s leading provider of electronic payment systems will present the solutions for digital change in the payment ...

Thumbnail-Photo: Andrew Carr now heading APG’s European division, Cash Bases...
28.11.2016   #payment systems #personnel management

Andrew Carr now heading APG’s European division, Cash Bases

Andrew Carr and Stephen Bergeron about his new position at the head of Cash Bases

Andrew Carr is no stranger to nor fearful of change. He brings 25 years of experience in multiple technical and commercial leadership positions within IBM and from 2012 forward – continuing through his IBM division’s sale – in ...

Thumbnail-Photo: Pay by using your fingerprint: growing interest in biometric payment...
26.09.2016   #mobile payment #payment systems

Pay by using your fingerprint: growing interest in biometric payment systems

Interview with Marc Fliehe, Divisional Director of Information Security at Bitkom - Digitalverband Deutschland (Germany’s Digital Association)

Mobile payment options with smartphones have not comprehensively made their way into brick-and-mortar stores yet, at least not in Germany. On the other hand, interest in biometric payment systems is growing. Today, many users already unlock their ...

Thumbnail-Photo: Online payment methods evolving in Europe
06.09.2016   #payment systems #cash management

Online payment methods evolving in Europe

Increased use of digital payment systems and the decline of cash on delivery

The latest publication from yStats.com, “Europe Online Payment Methods: First Half 2016,” shows gradual shifts in the payment method preferences of online shoppers. The Germany-based secondary research firm’s report tells of ...

Thumbnail-Photo: Digital processes reduce the cost of cash
01.09.2016   #security #payment systems

Digital processes reduce the cost of cash

Cash remains the favorite payment method of Germans for now, but it comes at a price

Cash, yes or no? Opinions differ on this. While some would like to replace it with alternative payment methods like credit cards or the smartphone right now, cash remains the preferred payment method for others. Even though paying without coins or ...

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