payments control systems incorporated

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  • Around the Web

  • Hiker found dead in national park possibly killed by falling rocks
    By Associated Press - Friday Jul 14, 2017

    MOUNT RAINIER NATIONAL PARK, Wash. — A 75-year-old hiker has been found dead near Mount Rainier National Park’s Eagle Peak Trail. The Seattle Times reports the man’s body was found Thursday in a rockfall area by a helicopter crew after he had been reported missing. Park spokeswoman Patti Wold says it wasn’t clear if he...

    Source: New York Post: News
  • BART, in crackdown on cheats, to require riders show proof of payment
    By Michael Cabanatuan - Friday Oct 27, 2017

    Eager to stiffen its crackdown on an out-of-control fare-evasion problem that’s costing BART an estimated $25 million a year, the transit system’s Board of Directors voted Thursday night to start a proof of payment system that would require riders to show tickets to fare inspectors or police. Despite earlier concerns about the possibility of biased enforcement, directors unanimously approved an ordinance allowing random fare inspections along with a companion ordinance that permits juveniles to be fined without gaining a criminal record. “Fare-paying passengers are uniform in their support for fairness,” said Director Robert Raburn of Oakland.

    Source: Bay Area News
  • Contributing Op-Ed Writer: National Parks for the 1 Percent
    By TIMOTHY EGAN - Friday Nov 3, 2017

    Between the indictments and the Civil War revisionism, you may have missed the Trump administration’s proposed tripling of entrance fees.

    Source: NYT > Home Page
  • Remodeling an icon: A sneak peek inside the Space Needle renovation project, high above Seattle
    By Kurt Schlosser, GeekWire - Tuesday Nov 7, 2017

    With the sun setting behind the Olympic Mountains and Mount Rainier showing off behind the skyline on a crisp November night, the only thing missing from this quintessential Seattle view was the city's most iconic landmark, the Space Needle. But the Space Needle was our vantage point on Monday evening.

    Source: Business and Technology News
  • Walmart Pay 'Close to Surpassing' Apple Pay in U.S. Mobile Payments Usage
    By Mitchel Broussard - Tuesday Nov 7, 2017

    Walmart announced "Walmart Pay" in December of 2015, bundling its mobile payment solution directly into the Walmart app for iOS and Android devices and entering the market one year after Apple's own Apple Pay launched in 2014. Now available nationwide in 4,774 Walmart stores, Walmart Pay is "close to surpassing" Apple Pay in terms of mobile payments usage in the United States (via Bloomberg).

    According to Daniel Eckert, senior vice president of Walmart services and digital acceleration, Walmart Pay is enrolling "tens of thousands of new users a day," and has seen a steady growth over the past few months. Two-thirds of those who try it use it again within twenty-one days. These statistics give Eckert confidence that Walmart Pay will soon beat Apple Pay in the U.S., "in terms of use by shoppers in stores where they're accepted."

    Wal-Mart Stores Inc.’s app is close to surpassing Apple Pay in usage for mobile payments in the U.S., giving the world’s largest retailer even more clout as a growing number of people shop with their smartphones.

    “If daily enrollments don’t slow down, I think that’s pretty well in the cards shortly,” said Eckert, senior vice president for services and digital acceleration. “I would have to imagine we are getting pretty close.”
    Market researcher Richard Crone predicted that Walmart Pay will grow bigger than Apple Pay in active U.S. users (who use the mobile wallets for at least two transactions per month) by the end of 2018. Walmart and Apple reportedly held discussions in early 2016 that centered upon incorporating Apple Pay into the Walmart iOS app, but fell through because of the "difficulty of blending the technology underpinning each company's approach."

    Walmart is said to have begun gaining ground on Apple earlier in 2017, when 5.1 percent of Walmart shoppers said they used Walmart Pay this past June, just below the 5.5 percent of iPhone users who said the same at locations that accept Apple Pay. In terms of other competitors, Walmart Pay's adoption rate is "higher than Samsung Pay and Android Pay combined." One analyst pointed out this is likely because Walmart owns and controls the mobile wallet software and "can make quick changes."

    Chart via Bloomberg
    “Apple Pay’s road is much more difficult than Wal-Mart’s is,” Brendan Miller, an analyst at Forrester Research, said in a phone interview. “It means that Wal-Mart can make quicker changes, they can move faster in many respects than Apple Pay.” Forrester’s survey of 58,000 online consumers in the first half of 2017 found that 7 percent of them used Apple Pay in the past three months, while 6 percent used Walmart Pay.
    Although the services are similar in their payment goals, there are a few differences between Walmart Pay and Apple Pay. Walmart's mobile wallet presents users with a barcode that has to be scanned to complete a transaction, unlike Apple Pay's NFC tap-based system. Walmart Pay also incorporates all of a user's in-store offers, promotions, rewards, and gift card balances in one place, which Apple Pay is still inconsistent in supporting for many stores.

    Despite their close rivalry in the mobile wallet space, Walmart is reportedly "more interested" in directly competing with Amazon than Apple. Over the past year, Amazon has been expanding quickly in the grocery space with its various test projects like Amazon Go and its acquisition of Whole Foods. Walmart said it will continue focusing on expanding the features of Walmart Pay as more competition emerges, and according to Crone the debut of the software has provided a solid launchpad for the company's future: "They flawlessly deployed the system, and it works."

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    Source: MacRumors : Mac News and Rumors
  • Report calls for Muni to stop cash payment for cable car rides
    By Dominic Fracassa - Tuesday Aug 1, 2017

    Last year, San Francisco officials wanted to know if the city’s cable car operators were following all the proper protocols when they collected fares from riders and issued them receipts.Wearing inconspicuous clothes, the auditors boarded the city’s iconic cable cars at different times of day on weekdays and weekends to test just how rigorous conductors were in asking for payment and offering receipts.Citing “inadequate controls and unmanaged risks,” the controller’s report recommended that Muni abolish cash payments for cable car rides altogether as a way to keep revenues from trickling away due to uncollected fares.[...] Muni’s long-standing practice of collecting cash fares has been in a particularly uncomfortable spotlight since April, when a cable car conductor was arrested on felony embezzlement charges as a result of the audit after he allegedly pocketed riders’ fares.Muni permits cable car riders to pay with Clipper cards, visitor day passes or the MuniMobile app, but cash fares still accounted for about one-third — just over $10 million — of the transit system’s revenues for the 2015-16 fiscal year.[...] collecting that cash and issuing paper receipts — as is the current practice — leaves Muni vulnerable to financial impropriety and lost revenues, the controller’s report found.During their undercover observations on 30 rides, the controller’s undercover auditors found that cable car conductors didn’t ask them for fares on 11 of them, resulting in $77 in uncollected revenue.The police subsequently conducted a sting operation using unmarked bills, and arrested the operator on embezzlement charges on April 19.Muni concurred with most of the memo’s findings and recommendations, according to an official response form the agency attached to the controller’s documents, but said that it was “unlikely, however, given the ridership demographics, including tourists, that a full cashless system will be possible.”

    Source: Bay Area News