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How Mobile Wallets Help Merchants Engage Shoppers

At the 2017 Mobile Payments Conference, Jack Connors, Head of Commerce Partnerships at Google – who leads Google’s merchant partnerships for Android Pay, showed his in-depth understanding of how merchants can use mobile payments as a way to address a broader set of business objectives. His message is especially invaluable for merchants who may have implemented one or more mobile pay options in their stores, but just aren’t getting the returns they hoped for.

“Mobile Wallets Help Sales,” Said No Retailer Ever.

Connors got the audience’s attention by showing that he understands the frustrations many merchants feel trying to keep up with all the latest mobile payment offerings only to find that customers barely use it. He then made the case for why Android Pay is different from the myriad of other mobile payment options. First, for every smartphone owner walking into a store, there’s a nearly 82 percent chance that they’re using an Android phone, according to Gartner’s latest projections on worldwide smartphone sales. “And, Android Pay is pre-installed on 90% of those phones via carrier relationships,” said Connors.

ETA Welcomes Elizabeth Ryan of Wells Fargo to Board of Directors

WASHINGTON, DC ─ The Electronic Transactions Association (ETA), the trade association of the global payments technology industry, today announced that Elizabeth (Liz) Ryan, Executive Vice President and Wholesale Merchant Services Segment Executive at Wells Fargo, has joined the ETA Board of Directors. “The ETA Board of Directors reflects our changing industry, including the nation’s largest payments  technology and financial services companies,”...

ETA Submits a Statement for the Record to the House Financial Services Committee Supporting Liability Harmonization in the Fair Credit Reporting Act

September 7, 2017 ETA submitted a statement for the record in support of H.R. 2359, the FCRA Liability Harmonization Act to the House Financial Services Committee Subcommittee on Financial Institutions and Consumer Credit to be entered into the hearing record. The subcommittee held a hearing examining legislative proposals for a more efficient federal financial regulatory regime. As part of the hearing, the subcommittee discussed the FCRA Liability Harmonization Act which...

ETA Supports Harmonization of States’ Licensing Requirements for Money Transmitters

August 28, 2017 Via electronic submission to Comments@dfs.ny.gov Maria T. Vullo Superintendent of Financial Services New York State Department of Financial Services One State Street New York, New York 10004 Re: Emergency Rulemaking Permitted Use of Nationwide Multistate Licensing System and Registry (NMLS) in Submissions to the Department – I.D. No. DFS-29-17-00004-EP Dear Superintendent Vullo: The Electronic Transactions Association (“ETA”)1 appreciates this...

ETA signs joint trade letter of support to align the Fair Credit Reporting Act with other financial consumer protection laws

September 7, 2017 Dear Congressman Luetkemeyer: The undersigned organizations support H.R. 2359, the “FCRA Liability Harmonization Act,” sponsored by Representative Barry Loudermilk. We greatly appreciate your attention and look forward to the Committee’s consideration of the legislation as soon as possible. As you know, the FCRA Liability Harmonization Act would align the Fair Credit Reporting Act (FCRA) with other financial consumer protection laws by...

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