Connected Cars: Are We There Yet?

The Internet of Things (IoT) has boomed in recent years, from Amazon Echo and Nest Thermostats, to various other devices designed to make peoples’ lives easier. It is predicted that by the end of 2019, there will be 26 billion connected devices worldwide. The next big thing in IoT? Potentially connected cars. Connected cars will be more than just virtual assistants to help drivers operate vehicles more safely. With IoT becoming an integral part of our daily tech consumption, payments is also increasingly integrated into the overall experience, and connected cars are the ultimate in mobile payments,” if you will. Drivers will potentially be able to automatically purchase fuel, order food, pay for parking, and more, all with their car.

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3 Retail Opportunities to Embrace in 2019

There was a lot of discussion about “the retail apocalypse” in 2017 and 2018, but the data tells a different story. Retail sales have been growing gradually since November 2009 on a year-over-year basis, according to the National Retail Federation (NRF). Additionally, 2018’s holiday season sales hit record numbers: according to Mastercard’s SpendingPulse report, which records data from November 1 to December 24, holiday sales increased 5.1 percent over 2017, the biggest growth in six years. This tremendous boom of retail spending in 2018 and continuous growth year after year suggests 2019 may be even bigger.

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Should Your Restaurant Business Invest in Self-Service Kiosks?

A recent article in KioskMarketplace highlighted that KFC is planning to implement self-service kiosks in their 5,000 restaurant locations by 2020. This doesn’t come as a surprise as their parent company, Yum Brands, had announced a plan for kiosks in Taco Bell only last year and many other quick service restaurants (QSR) chains have either already implemented a similar solution or are actively looking to.

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Wallets? Where We’re Going, We Don’t Need Wallets

Have you ever wondered what it might be like to live in a world without cash? In many parts of the world, this idea of the cashless society is already taking off. Sweden is moving the fastest: only 1 in 10 citizens reported paying for something with cash last year.

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Why PCI Compliance Isn’t Enough?

We get it, PCI Compliance is a recurring topic that feels like a thorn in everyone’s side. It comes up again and again during conversations and integrations and is an important discussion to have. There are many PCI compliance standards that you may have heard of including PCI DSS, PCI PTS and so on. These standards were designed to keep payment solutions in check and make sure the sensitive card data remains safe. The PCI DSS, for example, refers to the Data Security Standard released by the PCI Council that are put in place to ensure that all businesses that accept, process, store and/ or transmit cardholder data (i.e., credit card information), do it in the safest way possible. By following these regulations, merchants can better protect their payment infrastructures from data breaches.

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