Ingenico Blog / Canada

shaping the future of payment

Ian Benn

Ian Benn is the Head of Strategy and Market Development at Ingenico, a Wordline brand

Recent Posts

Should Merchants Care About Cryptocurrency Right Now?

The world of cryptocurrency is constantly changing. From the wild swings in value to imaginative new use cases for the currency, the industry is moving at a faster rate than anyone could imagine. Since Bitcoin has been in existence, it has been used as the standard payment model in ransomware attacks all over the globe, but it has also evolved as an important means to transfer value that many technology companies have helped enable. One of the most recent examples comes from AMC and their announcement that they will start accepting Bitcoin and other cryptocurrencies as a means of payment for movie tickets and concessions by end of 2021.

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6 Challenges with Non-Phone-Based Biometrics

In my previous blog post, I talked about the rise of biometric authentication in typical payment environments. That market is currently dominated by phone-based biometrics where consumers authenticate the transfer of payment information on their device via a fingerprint scanner or face ID. For the merchant, it is a simple contactless transaction.

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What Are Biometric Payments and How Do They Work?

There has been a tremendous amount of conversation recently around biometrics and its role in payments. The idea that we can pay for goods and services without having to carry a wallet or even a phone is certainly appealing, but what’s the current state of play? And where are we headed?

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QR Code Payments: Should Merchants Accept It? Maybe

In my previous blog post, I discussed the growth of QR codes as a payment method and the different types that are available in the market.

To recap, the first one is a Static QR Code that the merchants display for the consumers to scan and pay. The second one is a Dynamic QR Code – Merchant Displayed – which generates a unique QR code for every transaction for the merchant to display and the consumer to scan and pay. The third one is another Dynamic QR Code format – Consumer Displayed – which generates a unique QR code for every transaction on the consumer’s device for the merchant to scan and accept payment.

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QR Code Payments: What Are They and How Do They Work?

It’s strange how technology use changes over time. Take the QR code: It has been around for more than a quarter of a century but is only now starting to become more visible in our lives. What began as a simple tool to help Japanese car makers track their inventory around their factories is now everywhere from ticketing to advertising. Soon it will be in our wallets too.

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