#Payment geek, banker, consultant, investor. PT #SmallBiz owner @TransformMV. Proud father & lax dad. Slow moving backpacker and cyclist.
Palo Alto, CA
Joined January 2010
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We've seen this movie several times before. It ends badly. While Visa and MasterCard aren't perfect, its almost impossible to envision a scenario where banks collaborate to create some magic EPI ecosystem that is somehow better than the current solutions
Peter Donat retweeted
Contactless Payment on New York City Subway Is Delayed by Coronavirus - WSJ wsj.com/articles/contactless…
some great #payments data on ecomm vs. POS vs. onmichannel from @earnestresearch
With most if not all retail stores shuttered because of #COVID19, we investigated one of retail's primary safeguards: e-commerce. Will it help? Read on for our full analysis. #EarnestInsights #Retail
earnestresearch.com/insights…
Peter Donat retweeted
Visa's US payment volume is down 4% in March compared to last year.
X-border volume has been hit the hardest, down 19%
Some great @earnestresearch insights in today's WSJ on how consumer spending changed in the first few weeks of March. Shocker that online grocery up ~90% on.wsj.com/3dukAU0
Peter Donat retweeted
Based on my observations across a couple dozen Zoom meetings this past week —> short razors
#Payment Industry Covid Hygiene recs 1)Stop signatures 2)Merchants: stop asking stupid questions on touchscreens 3)Ban touchscreen tips 4)More ExxonMobil Rewards - unlock pump from phone 5)More digital only NFC issuance - #applecard / #ondot 6)Suppress paper receipts
With immediate effect, Dutch banks are enabling customers to make more contactless payments in stores without having to enter their PIN, as part of the exceptional measures required to deter the spread of the Coronavirus finextra.com/newsarticle/354…
Some deep @earnestresearch insights into where Covid is impacting consumer spending.
As seen in @Recode, online travel agencies, airlines, and cruise lines all saw double-digit US sales declines in the week ended March 2, according to Earnest data. Read the full article. @ranimolla
Watching Dubs legend Andre Iguodala at Square #FinTech conference. Perpetual class act on and off the court
Some great @earnestresearch insights into SoulCycle attendance after Trump linkages led to customer boycotts.
New data: SoulCycle boycott worked vox.com/2019/9/5/20851538/so…
Lot of forgotten lessons from the PayByTouch clusterf!
In light of Amazon’s “biometric payment” trials, it’s worth revisiting the epic demise of ‘Pay By Touch’ which squandered some $340m in funding. Obviously there was much more wrong with Pay By Touch than its vision, but nevertheless...
google.com/amp/s/www.sfgate.…
Some great insights on P2P market share (#venmo, #applepay, #cashapp) and funding sources from @earnestresearch
Can you Venmo me? Our latest analysis on the evolving landscape of P2P payments is live. #EarnestInsights #DecodeData #Venmo #CashApp #Paypal #ApplePay
go.earnestresearch.com/P2P-P…
When we took Visa public, couldn't possibly have predicted this.
Here's one for all the #payments geeks out there: Visa's market cap surpassed JPMorgan's today, officially making it more valuable than all of the banks that once owned it. bloom.bg/2Yyn146
Some #ImpossibleWhopper insights from our @earnestresearch analytics of #payments data
Some may think it's a culinary sin, but the #ImpossibleWhopper is driving customer and sales growth in @BurgerKing test markets... $QSR $BYND $MCD
medium.com/earnest-research/…
The fight for "top of wallet" just got a lot more interesting - but apple has a path to material revenue relating to payments
Apple’s new credit card means the tech giant is now battling the same banks that built Apple Pay: recode.net/2019/3/25/1828130…
Peter Donat retweeted
Literally thought this press release was from 2010:
Introducing GoPoint: T-Mobile Expands into Mobile Payments
t-mobile.com/news/gopoint