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May 31 2012 - 6:43pm

In recent months, mobile payment processing platforms have begun to show a fairly prominent presence among consumers. As the near field communications (NFC) technology that is powering such systems is fairly new, it has yet to be perfected, and glitches and errors with certain systems have been reported. The latest of these has affected the Google Wallet platform.

According to Finextra...

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May 30 2012 - 7:22pm

Mobile platforms designed for the purpose of payment processing have become extremely popular in recent years. Recent data has confirmed that not only will this trend continue throughout the remainder of 2012, it will also occur at a significantly increased rate of growth.

According to research...

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May 29 2012 - 6:04pm

Last week, Reuters reported that the Canadian retail industry had displayed small but notable signs of growth, rising by 0.4 per cent and beating projections of a smaller 0.3 per cent increase. Now, merchants across the retail sector of the entire nation are turning to deal with a new challenge - cross-border shopping, where Canadian citizens living near the United States border cross over to...

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May 25 2012 - 6:01pm

The DVD and Blu-ray rental business does not, for the most part, exist in a traditional bricks-and-mortar retail sense in today's market. The direct mail and streaming video services run by Netflix and the rental kiosks by Redbox largely dominate the sector throughout North America, and the latter company is making its Canadian debut next month.

According to The Canadian Press, the...

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May 25 2012 - 2:53pm

Due to the increasing importance of e-commerce in the global economy - a trend only expected to become more prevalent with time - leading Canadian legislators are looking to promote the business model within the nation's economy. According to JD Supra, this is the major theme of a recent report by the Standing Committee on Industry, Science and Technology within Canada's House of...

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May 25 2012 - 2:53pm

Like its counterparts in many other countries, the Canadian economy has experienced its fare share of ups and downs across all sectors - including within the retail sector. However, recent information released by Statistics Canada points out an increase in that industry that took place in March, which will bode well for the chances of merchants throughout the nation.

According to...

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May 24 2012 - 6:01pm

Many major businesses are looking to explore the possibilities of technology that is centered around mobile devices such as smartphones and tablet computers. MasterCard is one of the latest companies to exemplify this trend, with the May 23 announcement of its MasterCard Mobile Point of Sale (MPOS) programme.

The credit card company stated that this innovative...

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May 24 2012 - 6:01pm

Many industries feature organizations that serve as quasi-official governing bodies - determining standards, advocating for the sector and serving other functions. The payment processing industry is no different, as groups such as the...

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May 23 2012 - 6:20pm

In the electronics and mobile device businesses, Samsung has an almost unequaled presence - it became the world's most prominent smartphone vendor in 2011's third quarter, according to PCWorld. The company's planned entry into the Canadian retail market, through the opening of a location in Burnaby, British Columbia, could have a notably positive effect on overall consumer spending...

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May 22 2012 - 5:38pm

The point of sale terminals used for payment processing by a great deal of businesses often rely on chip technology that is becoming more and more complex. A microchip system intended for this purpose - among several others - was recently launched by Advanced Micro Devices (AMD) Embedded Solutions, and is...

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