Tag Archives: mcd

How Google Hands Free App Could Disrupt In-Store Payments

If Google and its Hands Free payments app can achieve a critical mass of brick-and-mortar stores, other digital wallet companies and payments processors could find themselves facing tougher competition — at least, based on my test of the app. Hands Free is designed to eliminate the need to pull out a smartphone and tap it on a point-of-sale system when paying with Android Pay. It uses a combination of your initials, phone and picture to complete each transaction. And it works. Well. Google, which is a unit of Alphabet ( GOOGL ), rolled out Hands Free in March to at least 15 businesses with locations around the South San Francisco Bay Area. Since IBD’s Silicon Valley bureau is located near several, I decided to test the idea of ordering and paying for something with only my voice — part of the future we’ve been promised. After taking a selfie — a photo is required to use the Hands Free app — on my Nexus 5X phone, I headed to a nearby McDonald’s ( MCD ), one of the chains participating in the pilot program. A colleague in the newsroom wanted a Diet Coke, and I was happy to oblige. Phone in my pocket, I walked up to the cash register, placed my order for a medium Diet Coke and then uttered the phrase “Can I pay with Google?” The cashier skipped a beat and replied, “Of course you can! Initials?” I replied with mine. “M.C. Hammer!” she said, and pressed a few more buttons on the register. “Wearing a hat today, I see,” she said, studying my hatless selfie on the register. And then she handed the beverage over with a receipt (I got an emailed receipt as well). Neither my phone nor wallet ever left my pockets. My order was small and the test limited, but it’s clear that the implications could be far-reaching if consumers take to the idea. If Hands Free were available widely, I would certainly use it — paying with just your voice is incredibly easy (and cool, too). At its core, Hands Free takes a swing at a big issue in payments (and e-commerce in general): how to make checkout as frictionless as possible. PayPal ( PYPL ) and its most recent endeavor on that front, One Touch , also attacks the friction problem. Apple ( AAPL ) Pay and rival Android Pay are also trying to innovate around the friction Silicon Valley perceives in paying with cash, a credit card or a mobile phone. With Google running a relatively small pilot program, it’s hard to say at this early stage what impact Hands Free will have on its digital wallet. I doubt that being able to pay with Hands Free would alter where I go to buy things, but it just might be enough to convince me to pick Android Pay over its competitors.

Summit 2016: Can High-Rated Adobe Systems Profit From Platforms?

High-rated Adobe Systems ( ADBE ) stock edged up Thursday but closed down slightly for the week of its Adobe Summit 2016 digital marketing conference. That’s a week after shares advanced almost 9% on the strength of Adobe’s first-quarter earnings report and outlook. The Adobe Summit in Las Vegas drew more than 10,000 people — the company’s largest live event to date. The theme centered around how brands are increasingly interacting with consumers in a wave of “digital experiences” online that leverage social networking. Actor George Clooney spoke at the Adobe Summit on Wednesday, but most presenters were from the tech and business worlds. Executives from major brands were among the featured speakers, from McDonald’s ( MCD ) and Mattel ( MAT ) to General Motors ( GM ) and General Electric ( GE ) to Comcast ( CMCSA ) and Charles Schwab ( SCHW ). That's right. It's George at #AdobeSummit talking experience and creativity. Watch live now: https://t.co/NTBQXucWEM pic.twitter.com/Q0HoYKOw3f — Adobe (@Adobe) March 23, 2016 “Adobe’s momentum in digital marketing was demonstrated in record attendance, including by CEOs, at its marketing summit,” Pacific Crest analyst Brendan Barnicle wrote in a research note as the conference kicked off Tuesday. “New products and partnerships increase its strategic value both to customers and the industry, and should drive continued growth and market-share gains.” Adobe Summit Sees World Gone Digital, From ‘Deadpool’ To Sea Of Data https://t.co/wT0S73h5it pic.twitter.com/Qz56otNOGn — Investors.com (@IBDinvestors) March 22, 2016 Adobe makes the Creative Cloud suite of content tools, such as Photoshop and Premiere Pro video editing software, along with the Adobe Marketing Cloud array of tools to track online content popularity and inform advertising decisions. This week, the company announced an audience measurement partnership with comScore ( SCOR ), among initiatives aimed at improving measurement of online video viewing and other forms of content consumption across platforms. Adobe Systems Analyst Briefing FBR & Co. analyst Samad Samana wrote Wednesday about an analyst briefing held in conjunction with the conference that “focused  almost  entirely  on  Adobe’s  technology  and  the  platform  pivot.” In recent years, Adobe has moved headlong to host its products in the Internet cloud, using the software-as-a-service (SaaS) model, with platforms that handle content’s entire life cycle from creation through tracking consumer interaction with it. Adobe CEO Shantanu Narayen summed up a broad Adobe goal: being able to “make, monetize and measure” the digital experiences that people have. “Management highlighted that it is investing around the ‘experience business’ wave of disruption and innovating at the platform level, both of which will be important in driving long-term growth for the digital marketing business,” Samana wrote. “While it is in the early stages, we see the platform play as strategically smart, as it should enhance the value proposition for Adobe’s entire product suite, making it stickier with customers.” Adobe, which is on the IBD Big Cap 20 stock list, closed up 0.4% Thursday at 92.52, down 1% for the week. The stock market is closed on Good Friday, March 25. Adobe gets a high IBD Composite Rating of 96 out of a possible 99. Adobe stock is a few percentage points under a potential buy point, trading above both its 50-day and 200-day moving averages. RELATED: Adobe Summit Sees World Gone Digital, From ‘Deadpool’ To Sea Of Data Image provided by Shutterstock .

How Apple Pay Works: A Simple Explanation For Users

CEO Tim Cook spotlighted Apple’s first foray into payments — a mobile app called Apple Pay — during the company’s Sept. 9 iPhone 6 rollout. The tap-to-pay technology lets iPhone and Apple Watch users make purchases by tapping the devices at check-out registers in more than 20,000 participating stores. They include retail chains such as McDonald’s (MCD), Macy’s (M) and Staples (SPLS). Apple (AAPL) also got major credit-card companies Visa (V),