FINANCE

MasterCard rolls out MasterPass in-app payments

BY Staff Writer

New York — MasterCard has unveiled MasterPass in-app payments, designed to enable consumers to make secure purchases within a mobile app. The solution eliminates the need to store payment card credentials across numerous mobile apps, providing consumers with a fast and simple payment experience.

MasterPass in-app payments will be made available to developers and merchants beginning in the second quarter of this year.

MasterPass in-app payments extend the capabilities of the current browser-based MasterPass digital service into the mobile app environment, and provide consumers with one secure direct relationship with their bank. Apps with MasterPass embedded in them enable consumers to complete a purchase with one click or touch on their favorite connected device without leaving the app environment. The optimized checkout process creates a seamless shopping experience, supported by the highest levels of security and cryptology, according to the company.

“We’re excited to begin offering MasterPass to our customers as an innovative digital payment solution. This fully aligns with our philosophy to make in-app commerce as easy and efficient as possible,” said Robert Tibbs, chairman and CEO, Forbes Digital Commerce.

“MasterPass in-app payments is the latest offering from MasterCard to address the specific needs of the digital ecosystem. We’re creating great experiences for consumers across all channels and all devices, and enabling merchants to reach new consumers in ways not possible in the pre-digital world,” said Ed McLaughlin, chief emerging payments officer at MasterCard.

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News

PayPal and Samsung roll out new tech for Galaxy S5

BY CSA STAFF

PayPal and Samsung have collaborated to make Samsung Galaxy S5 users the first to be able to log in and shop at any merchant that accepts PayPal on mobile and in-stores using their fingerprint.

The new biometric feature means Galaxy S5 users will no longer need to remember passwords or login details. PayPal is touting itself as the first global payments company to support Samsung’s mobile fingerprint authentication technology.

According to both companies, using fingerprint authentication instead of a traditional login and password on the fifth generation Samsung Galaxy S5 — which launched this week at Mobile World Congress — allows consumers to benefit from an even more secure and seamless mobile and in-store shopping experience.

“We spearheaded the Fast IDentity Online Alliance last year and predicted that the industry would soon move beyond passwords, and this announcement brings us one step closer to that reality,” said Hill Ferguson, chief product officer for PayPal. “By working with Samsung to leverage fingerprint authentication technology on their new Galaxy S5, we are able to demonstrate that consumers don’t need to face a tradeoff between security and convenience. With a simple swipe of a finger, consumers can still securely log into their PayPal account to shop and pay with the convenience that mobile devices afford.”

FIDO Ready software on the device securely communicates between the fingerprint sensor on their device and PayPal’s service in the cloud, said the companies in a joint statement. They added that the only information the device shares with PayPal is a unique encrypted key that allows PayPal to verify the identity of the customer without having to store any biometric information on PayPal’s servers.

"We are very excited about our relationship with PayPal as it will bring one of the most trusted online payment solutions in the world to the broader mobile market," said Hankil Yoon, SVP of mobile product strategy. "Together with PayPal, we expect to provide our customers with a seamless and secure experience in online shopping and payments on our new Samsung Galaxy S5."

Starting in April, PayPal fingerprint authentication on the Samsung Galaxy S5 will be available in 26 markets globally, including Australia, Brazil, Hong Kong, Russia, the U.K. and the U.S.

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STORE SPACES

2014 Retail Store of the Year: And the winners are …

BY Marianne Wilson

New York — Liverpool, Mexico’s largest department-store chain, received top honors in Chain Store Age’s 32nd annual Retail Store of the Year design competition. The company’s stylish and contemporary 301,400-sq.-ft. store in Veracruz was named Store of the Year, and also took top honors in the Department Store category. It was designed by FRCH Design Worldwide, Cincinnati.

In other top honors, Walgreens’ net-zero energy store — an industry first — in Evanston, Ill., was named Sustainable Store of the Year. And Build-A-Bear Workshop, Garden City, N.Y., was the top finisher in a category new to the competition: Digital In-Store Innovation.

Here is a complete list of the winning projects (all first place, except where noted), which will be featured in the February/March issue of Chain Store Age and celebrated at a reception during CSA’s annual SPECS Conference (March 9 – 11) in Dallas:

Retail Store of the Year:
Liverpool, Veracruz, Mexico (Design: FRCH Design Worldwide, Cincinnati)

Sustainable Store of the Year
Walgreens, Evanston, Ill. (Walgreens, Deerfield, Ill.)

Digital In-Store Innovation
Build-A-Bear Workshop, Garden City, N.Y.

Soft Lines (up to 5,000 sq. ft.)
Sperry Top-Sider, Natick, Mass. (Callison, Seattle)

Soft Lines (Honorable Mention, up to 5,000 sq. ft.)
Volcom, New York (Interbrand Design Forum, Dayton, Ohio)

Soft Lines (5,000 to 10,000 sq. ft.) Tie
Nike, Seattle (Nike, Beaverton, Ore.)
Barbour, Chicago (RGLA Solutions, Schiller Park, Ill.)

Soft Lines (over 10,000 sq. ft.)
H&M Times Square, New York City (H&M, Copenhagen)

Soft Lines (Honorable Mention, over 10,000 sq. ft.)
David’s Bridal, London (David’s Bridal, Conshohocken, Pa.)

Hard Lines (up to 5,000 sq. ft.)
Cannondale, Carle Place, N.Y. (Bergmeyer Associates, Boston)

Hard Lines (Honorable Mention up to 5,000 sq. ft.)
AT&T Store of the Future (Callison, Seattle)

Hard Lines (5,000 to 10,000 sq. ft.)
Real Madrid Official Store, Madrid (Sanzpont (arquitectura), Barcelona)

Hard Lines (over 10,000 sq. ft.)
Pirch, Glendale, Calif. (Fitch, Columbus, Ohio)

Department Store
Liverpool, Veracruz, Mexico (FRCH Design Worldwide, Cincinnati)

Department Store (Honorable Mention)
Lord & Taylor, Boca Raton, Fla. (Lord & Taylor Store Planning/Design, New York)

Supermarket (up to 40,000 sq. ft.)
Whole Foods Market, Detroit (Design consultant: JGA, Southfield, Mich.)

Supermarkets (Over 40,000 sq. ft.)
Freson Bros. Fresh Market, Alberta, Canada (Shook Kelley, Los Angeles)

Supermarkets (Honorable Mention, over 40,000 sq. ft.)
H-E-B, Austin, Texas (HEB Grocery, San Antonio, Texas)

Drug Store
Walgreens, Boston

Convenience Store
My Goods, Denver (King Retail Solutions, Eugene, Ore.)

Discount
Hyper-mart, DongFang, Xiangtan, China (rkd retail/iQ, Bangkok, Thailand)

Single Unit (up to 5,000 sq. ft.)
Jockey Bra, Schaumburg, Ill. (JGA, Southfield, Mich.)

Single Unit (over 5,000 sq. ft.)
Kid’s Cavern, Macau, China (Callison, Seattle)

In-Store Shop (up to 20,000 sq. ft.)
Adidas Originals Collective, Footaction (Big Red Rooster, Columbus, Ohio)

In-Store Shop (over 20,000 sq. ft.)
Lord & Taylor, menswear (Highland Associates, New York)

Showroom
Timberland, New York (Leonard Ostroff Design Associates, Montreal)

Showroom (Honorable Mention)
Virginia Tile, Chicago (JGA, Southfield, Mich.)

Casual Dining
Café Barista, Guatemala (Interbrand Design Forum, Dayton, Ohio)

Casual Dining (Honorable Mention)
Starbucks, Montreal (Aedifica, Montreal)

Specialty Food
DFS Wine and Cigars, Macau, China (rkd retail/iQ, Bangkok)

Specialty Food (Honorable Mention)
Papa Murphy (Tesser, San Francisco)

Specialty Food (Honorable Mention)
Maybury, Dubai (Brand Creative, Dubai)

Food Court Restaurant
Kung Pao Wok, Richmond Centre, Richmond, B.C. (Dialogue 38, Toronto)

Restaurant
Florida International University (FIU) Restaurant Management Lab, North Miami, Fla. (Echeveria Design Group, Coral Gables, Fla.)

Restaurant (Honorable Mention)
New Generation, Toronto (Dialogue 38, Toronto)

Service (up to 10,000 sq. ft.)
Sterling Bank, Portland, Ore. (Callison, Seattle)

Service (Honorable Mention, up to 10,000 sq. ft.)
American Express Centurion Lounge, Las Vegas (Big Red Rooster, Columbus, Ohio)

Service (over 10,000 sq. ft.)
The Red Door, New York (TPG Architecture, New York)

Pop-Up
Jack Daniel’s Sinatra Select, McCarran Airport, Las Vegas (Fitch, Columbus, Ohio)

Exterior (freestanding)
Ja Bistro, Toronto (Dialogue 38, Toronto)

Exterior (in-line)
Sperry Top-Sider, Natick, Mass. (Callison, Seattle)
White House/Black Market, Toronto (Chico’s FAS, Fort Meyers, Fla.)

Cash Wrap
Real Madrid Official Store, Madrid (Sanzpont, Barcelona)

Fitting Room
Sperry Top-Sider, Natick, Mass. (Callison, Seattle)
David’s Bridal, London (Design: David’s Bridal, Conshohocken, Pa.)

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C.Mathewson says:
Mar-16-2014 07:50 am

Congratulations
We have been to Liverpool and it really has a great modern architectural charm both outside and on the interior. Congratulations for winning the retail store of the year.

C.Mathewson says:
Mar-16-2014 07:50 am

We have been to Liverpool and it really has a great modern architectural charm both outside and on the interior. Congratulations for winning the retail store of the year.

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