Alternative payments methods, such as contactless and QR codes, have been growing globally in popularity for the last half-decade or so. However, the year 2018 has seen something of a quiet sea change when it comes to the acceptance of such payment methods among hotels around the globe. Since the beginning of the year, Merchant
Unless you have been living under a rock for the past few months, it has been difficult not to be bombarded with news regarding crypto currencies like BitCoin, Ethereum and even LiteCoin. Depending on whom you talk or listen to for business news this could be the ultimate in Ponzi schemes or it may be the beginning of a new payment medium that could, over time, compete with the major card associations for customer and merchant acceptance.
Here’s to another great HITEC this year. I always love Toronto and, for this Texan, getting out of the heat for a few days was a blessing! I spoke to Bryan Wood (Director of Membership Development) at the opening reception and he couldn’t have been more pleased with the attendance. I second his enthusiasm!
As cyberattacks and malware continue to proliferate globally, restaurants have increasingly become a prime target. In recent years, major credit card data breaches have been reported by some of the largest restaurant chains in the U.S.
The Hotel Technology Forum was one of the first events I attended when I entered the lodging space. The HTF team has always put on a great conference with excellent educational opportunities in a much more intimate setting than other conferences. Similarly, HTNG has always done a fantastic job with its conferences providing incredible opportunities for peer-to-peer collaboration. Last month the two organizations came together for the first time in Orlando for HT-NEXT.
A cashless society is defined as a society in which the purchase of goods and services is made by credit card or electronic funds transferal rather than with cash or checks. There are many who believe that we are currently in the beginning stages of a transition to such a society, as Americans rely increasingly on stored value cards for their daily transactions. While there are a number of benefits to living in a cashless society, here are four major things to consider…
The quote that jumped out at me was, “Out of all Apple Pay-eligible transactions on Black Friday, the new NFC-powered mobile payment method was used less than 5% of the time.” A deeper look at the numbers show 56% of those surveyed who shopped at a participating Apple Pay merchant but did not use it
The big topic of discussion with banks, merchants, iPhone users and everyone in the financial industry is Apple Pay. The mobile contactless payment technology debuted in many retail locations and participating banks in October. Apple was hopping to add to the list of supporters in the future, but a few were subtracted, CVS and Rite
What’s new at PCI Orlando 2014? Apple Pay and an “Epic Fail” admission from the council. Once again, we learned a ton at the PCI Community meeting in Orlando this year. It was great to catch up with a lot of folks we hadn’t seen for a while and there was a lot of information
As I do every year around this time (ok a little late this time) I have picked out a few of the top stories from the past year to highlight. As I was preparing this year I realized 2013 was eerily similar to 2012… I’m not just phoning this in I promise, okay maybe a