Posts Tagged ‘PayPal’

As we highlighted in our recent report The Update on EMV Migration in the US: Leaving the Station and Building up Steam, the US market is finally making a strong progress towards EMV. While many of the barriers we discussed in the past have been dismantled, there are still challenges that remain. One such challenge […]

Jan 23rd, 2015 | Filed under Banking, Corporate Banking, Retail Banking

It has been busy few weeks in the payments world. Not surprisingly, reaction to Apple Pay’s announcement is the hottest topic in payments. It even manages to dominate European conferences with no specific agenda items dedicated to Apple. We at Celent added our own voice to the debate by publishing a new report on Apple’s entry into payments, […]

Oct 16th, 2014 | Filed under Banking, Retail Banking

This weekend I paid with PayPal in the physical store. There are a handful of stores in the UK that now accept PayPal payments, and while I’ve seen the demos, this was my first time to actually go through the process myself. And I have to say, it’s not something I will be looking to […]

Feb 3rd, 2014 | Filed under Banking, Retail Banking

I came across an interesting story last week about a conflict between PayPal and an augmented reality glasses startup that’s raising money on crowdfunding site Indiegogo. The story highlighted the risks and challenges that payments companies face when dealing with areas where regulation is struggling to keep up with the pace of innovation; a topic […]

Sep 16th, 2013 | Filed under Banking, Retail Banking

They say, “imitation is the sincerest form of flattery.” In my report last year I contrasted Google Wallet and PayPal as representatives of two fundamentally distinct approaches seeking to win in the battle to bring mobile payments to the high street. Not anymore – having failed to ignite the market in the first 12 months […]

Aug 2nd, 2012 | Filed under Banking, Retail Banking

The readers of this blog and Celent clients with access to our reports will know that when we talk about “mobile payments” we are careful to specify what we mean by it. While many talk about NFC payments, we prefer to discuss “mobile at the retail point-of-sale”, recognising the diversity of ways how a mobile […]

May 25th, 2012 | Filed under Banking, Retail Banking

With preparations for SIBOS (see Gareth’s earlier blog), it would have been easy to miss PayPal’s announcement this week amongst all the other pre-SIBOS press releases. And it would have been a mistake, because it is important. PayPal talked about “re-imagining money” and “new normal in retail”. Often such platitudes don’t mean much, but if […]

Sep 16th, 2011 | Filed under Banking, Retail Banking

EBay / PayPal has acquired Zong, one of the leading companies in mobile payments. What did they buy? First they bought relationships with hundreds of mobile network operators (MNOs) who trust Zong enough to allow them to bill the MNO’s customer accounts. PayPal knows how to bill a bank account or a credit card, but […]

Jul 7th, 2011 | Filed under Banking, Retail Banking

In March, U.S. Bank launched two consumer/small business products after extensive pilot testing: • Deposit Point, a desktop RDC product bundled with its online banking solution. • Deposit Point Mobile, Initially available to U.S. Bank Mobile Wallet users who have an iPhone. Following up on my previous post, Celent finds two aspects of the product […]

Apr 11th, 2011 | Filed under Banking, Retail Banking

I spent quite a bit of my time last week attending various industry events and conferences and discussing payments-related topics with industry participants. As it always is in Europe, the conversation inevitably turns to SEPA and PSD, and the overwhelming sentiments there these days seem to be frustration and confusion. Banks are frustrated by the […]

Sep 20th, 2010 | Filed under Banking, Corporate Banking, Retail Banking