30 min listen
EP041 - Digital Payments Deep Dive
EP041 - Digital Payments Deep Dive
ratings:
Length:
65 minutes
Released:
Aug 18, 2016
Format:
Podcast episode
Description
EP041 - Digital Payments Deep Dive Key considerations when looking at Digital Payment Options: Ability to support all the payment types your customers want to use (brands of cards, store cards, debit, ACH) Size of vendors current user base and overlap with your customer base (will you be accessing an installed base of users from your vendor, or will you be onboarding your customers to the vendors platform). Ability to integrate digital receipts and post purchase experience Ability to integrate coupons, offers, promotions, and loyalty programs In Browser In-App In-Store Device Apple Pay Coming (limited) Yes Yes (NFC) Android Pay Yes Yes Yes (NFC) Samsung Pay No Yes Yes (NFC) Bank Chase Pay Yes Yes Yes (Camera in POS) Retailer Starbucks Yes (other product) Yes Yes (Camera in POS) Amazon Yes Yes Only in Amazon Book store (Camera in both POS and phone) Walmart Yes (other product) Yes Yes (Camera in phone) CVS Unknown Yes Yes (Camera in POS) Other Paypal Yes Yes Limited Visa Checkout Yes Yes Yes (other product) MasterPass Yes Yes Yes (other product) 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. http://retailgeek.com/podcast 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.
Released:
Aug 18, 2016
Format:
Podcast episode
Titles in the series (100)
EP006 - Korea Commerce, Holiday Update, Daily Deal Sites, Nordstrom Investments: EP006 - Korea Commerce, Holiday Update, Daily Deal Sites, Nordstrom Investments by The Jason & Scot Show - E-Commerce And Retail News