Blog

Overall Retail Sales Up in July; Best Month Since February

Overall Retail Sales Up in July; Best Month Since February

U.S. retail sales increased 0.8 percent in July, the biggest gain in sales since February, according to the US Commerce Department. Sales climbed 0.9 percent in July  automobile and gasoline sales are dropped from the calculation. The increase in July’s sales exceeded economists’ expectations by a significant margin. The consensus was for sales growth of [...]

Continue reading →

Will Merchant-Backed Mobile Wallet Adopt Google Business Model?

Will Merchant-Backed Mobile Wallet Adopt Google Business Model?

Google raised a few eyebrows when it indicated early on that it planned to make money on its Google Wallet by charging for access to its integrated Google Offers platform, rather than charging merchants a transaction fee. But the concept has apparently caught they eye of some big-brand merchants, who have announced plans for their [...]

Continue reading →

New ‘Rectenna’ Design Promises Less Expensive NFC Devices

New ‘Rectenna’ Design Promises Less Expensive NFC Devices

One drawback that may have slowed the arrival of NFC-capable smart phones and other devices has been the expense of adding NFC circuits. When other forms of mobile payments, such as bar codes, are implemented in software and cost little to implement, it’s been difficult to justify adding a more expensive hardware solution. That may [...]

Continue reading →