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April 6, 2017TSG Press

TSG in Digital Transactions: The Battle of the Contactless POS Technologies

The overall goals of the contactless-payment provider play a key role in which technology to use, says Jared Drieling, business intelligence manager at The Strawhecker Group, an Omaha, Neb.-based payments consultancy.

A service like Chase Pay, which incorporates technology from the QR code-based CurrentC mobile-payments service developed by the Merchant Customer Exchange LLC consortium, is a closed-loop system, he says, while the Apple Pay, Android Pay, and Samsung Pay services have a different goal. “They view their mobile wallets as another prong to get mobile users onto their operating systems,” Drieling says.

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