EP041 - Digital Payments Deep Dive
Key considerations when looking at Digital Payment Options:
Yes (Camera in POS)
Yes (other product)
Only in Amazon Book store (Camera in both POS and phone)
Yes (Camera in phone)
Note: Jason incorrectly referred to Merchant Customer Exchange ("MCX"), the joint retail consortium creating it's own payment method, as "WMX". They have canceled their plans to launch their own mobile payment system and have reduced their staff, but they are still operating and pursuing other partnerships.
Google Handsfree - Payment pilot in San Francisco Bay Area, currently a separate effort from Android Pay
Checkout the @retailgeek instagram feed for a library of images showing the (confused) state of chip & signature in the US.
Money 2020 Tradeshow - October 23-26th in Las Vegas
PYMNTS.com website - Great source for payment industry news
Disclosure: Samsung provided the Galaxy S7 Edge smartphone that was used to test Samsung Pay and Android Pay.
This episode is sponsored by the National Retail Federation. The Jason and Scot show will be live podcasting at the NRF/shop.org digital summit 2016 which is in Dallas September 26-28th this year. We have a custom discount code for our listeners. The code is JASON&SCOT, you will get a 10% discount on the full conference fee. Visit retailsdigitalsummit.nrf.com to enter the code when you register for the show and we’ll see you there!
Don't forget to like our facebook page, and if you enjoyed this episode please write us a review on itunes.
Episode 41 of the Jason & Scot show was recorded on Tuesday, August 17th, 2016.
Join your hosts Jason "Retailgeek" Goldberg, SVP Commerce & Content at Razorfish, and Scot Wingo, Founder and Executive Chairman of Channel Advisor as they discuss the latest news and trends in the world of e-commerce and digital shopper marketing.