ADN’co Payments Insight – December 2013

M-payment: E.Leclerc, too

• FRANCE – E.Leclerc unveils its in-store m-payment solution, Paiement Flash.

French retailers are increasingly getting involved in mobile payment initiatives: E.Leclerc, Auchan, Intermarché or Casino have all adopted mobile innovations for their points of sale. This tech-savvy approach interestingly relies on their customers’ own mobile devices. E.Leclerc, for its part, has opted for FLASHiZ’s QR-code-based solution.

Amazon keeps eying the mobile market

• UNITED STATES – Amazon acquires GoPago in-app payments and mobile-to-store technology.

Banks and telcos: key alliances in Europe

• SPAIN – La Caixa is preparing a full range of mobile contactless services with the help of three mobile carriers: Telefónica, Vodafone and Orange.
• BELGIUM – under the brand name Sixdots, Belgian Mobile Wallet keeps growing in Belgium: nine banks and three mobile operators already…

Unlike most previous launches, and however bank-initiated, these mobile solutions rely on SIM-centric models, allowing banking institution to gain access to huge customer bases. The issue of customer enrolment seems to help remedy such obstacles as revenue sharing, for instance.

Data security in the spotlight

• UNITED STATES – JP Morgan Chase has fallen prey to an attack likely to have impacted 465,000 of its prepaid UCard cards.
• UNITED STATES – Target got robbed off 40 million card numbers… investigation underway.

These attacks have been making the headlines this year-end. They remind other historical cases and, above all, the losses they incurred. They also stress the issue of implementing standard-compliant data security measures and storing policies in line with the actual sensitivity of cardholders’ information…