Tag Archives: Paypal

Return of NFC: Curse of the Secure Element

Return of NFCThis post is in response to the recent Bankinter story of NFC payments at the point-of-sale without requiring SE – and the lack of any real detail around how it plans to achieve that goal. I am not privy to Bankinter’s plan to dis-intermediate the SE, but as I know a wee bit about how NFC works, I thought a post would help in clearing up any ambiguity as to how Card emulation and Host Card emulation differs, upsides, challenges – the whole lot. Continue reading

Tagged , , , , , , , , , , , , ,

Smells like innovation

Traffic Light TreeBig news today, with Chase entering in to a 10 year expanded partnership with Visa to create a ‘differentiated experience’ for its merchants and consumers. I would warn anyone thinking “offers and deals” when they hear “differentiated experience” – because I believe we are running low on merchants who have a perennial interest in offering endless discounts to its clientele. Continue reading

Tagged , , , ,

There and Back again – A customer journey with Paypal

I remember creating my Paypal account back in 2000 when an acquaintance of mine wanted to split the lunch tab with me, and sent me $20 via email a couple of days later. I remember hurriedly opting to cash out via check, having little trust in a newfangled payment startup. That $20 actually languished in said Paypal account (despite issuing a check that ended up never being cashed) for another couple of years before I actually did something with that money and my Paypal account. What follows is the rest of that journey. Continue reading

Tagged , , , , , ,

Isis, It’s not you…It’s your business model.

It’s good to be back. Quick update, in case you missed it in three different places: I am now focusing on Mobile Payments and Banking as part of Experian’s Global Consulting Practice, which offers me myriad opportunities to see up close why banking and payments in particular remain spectacularly oblivious of the creeping threats of disruption. But today, I couldn’t have found a more better topic to wet my parched throat than the story of the comeback kid – Google Wallet. Continue reading

Tagged , , , , , , ,

Google Wallet, Meet me at Camera 3

I really didn’t intend this to be my next post on the DROP Labs blog. I was not planning to write about Google Wallet – again. I have an unhealthy obsession towards it, evidence of which can be found here, here, and here. After the last one, which chronicled my On the road experiences, I pretty much decided not to write about it for a while. There were other things I wanted to write about – Issuer strategy on mobile wallets, Ongoing turf battles between Platform providers/Manufacturers vs Carriers, and then it happened again. Continue reading

Tagged , , , , , , , ,