Mobile Payments

Digital Payment Trends to Watch out For in the Second Half of 2023

Digital Payment Trends to Watch out For in the Second Half of 2023

Digital Wallets, contactless payments, Mobile Payments

As we step into the second half of 2023 the realm of payments is undergoing rapid evolution. Technological advancements, changing consumer preferences and global economic trends are changing faster than ever before and so are the digital payment trends. From integrating cryptocurrencies into mainstream platforms to utilizing authentication for secure payments there are numerous possibilities …

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New Virtual Shopping Tool: Klarna and Stellar to Provide Ecommerce Tool for Sellers

New Virtual Shopping Tool: Klarna and Stellar to Provide Ecommerce Tool for Sellers

Mobile Payments, Artificial Intelligence, Digital Transformation, online ordering

Welcome to the forefront of a groundbreaking collaboration between Klarna, the cutting-edge AI-powered payments platform, and Stellar Global, an innovative retail experience agency. Together, these industry leaders have embarked on an exclusive partnership to revolutionize the world of e-commerce with a new virtual shopping tool. With the shared vision of enhancing both brand success and …

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credit card processing trends

Trends in Mobile Credit Card Processing for Fall 2021 and 2022

2021 Trends, contactless payments, Credit Card Processing, Credit Cards, Latest News, Mobile Payments, Payment Processing, Virtual Credit Cards

Over the last 12 months, almost every retailer felt the need to shift from the in-store traditional payment methods to the new-age digital methods. Businesses have also understood that this shift has a vast scope – it is not just a momentary reaction to the prevailing coronavirus pandemic, but a long-term trend. IBM’s U.S Retail …

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The Rise of Contactless Payments and NFC Amidst the COVID19 Pandemic

Apple Pay, BLE and NFC, Cashless, Google Pay, Mobile Payments, NFC

How has COVID-19 Changed the Way Consumers Spend Money? So much has changed in the face of COVID-19, including how consumers pay. Already, small businesses have seen a 27% increase in the use of contactless payment versus prior to COVID-19. Businesses that didn’t accept payments like Apple Pay before are also quickly adapting to keep …

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Wearable Devices Are Becoming More Attractive as Digital Wallets

Mobile Payments, NFC

The cashless paradigm has gone from credit and debit cards to smartphones, and the next logical step appears to be wearable devices such as smartwatches and fitness trackers; however, it should be noted that wearable digital payment systems do not necessarily need to be part of smart devices. In early 2017, market research firm Tractica …

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online-shopping

New Mobile Payment Trends Your Business Should Investigate [2023 Update]

Mobile Payments, Trends

Juniper Research analytics estimates two billion people will use mobile banking by 2020. Already outnumbering desktop connections, mobile users’ first banking experience is via a mobile device in developing countries.  While dealing with complex regulatory compliance, banks are also charged with creating a more secure authentication system for their mobile banking security. In an ever-changing …

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Alipay Launches International E-Wallet, Giving Tourists Access to a Mobile Payment Platform in China

Financial News, Mobile Payments

Those who’ve spent any time in China as a tourist will know first hand just how difficult it can be to perform the seemingly simple task of paying for things with a format other than cash. One of the most popular forms of mobile payments in China is Alipay, and most people will use Alipay …

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PayPal’s Xoom Launches Domestic Money Transfers with Walmart

Industry News, Mobile Payments

PayPal’s international money transfer service Xoom has this week made the announcement that, for the first time, their customers will be able to make money transfers to recipients in the United States. These P2P mobile payments will occur in a matter of minutes thanks to strategic alliances set up with Walmart and money transfer company …

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Payment Option For China

Ingenico Offers New Mobile Payment Option For China [2023 Update]

Industry News, Mobile Payments

On Thursday, October 10, 2019, international payment services provider Ingenico announced its plan to open up the mobile payment processing market in China to the world through several unprecedented business partnerships. Ingenico has decided to focus in-country on China’s local e-commerce and mobile payment systems: It has partnered with bank card services provider UnionPay and …

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Starbucks Mobile App

Is Apple Pay Really More Popular Than the Starbucks Mobile App? [2023 Update]

Apple Pay, Mobile Payments

According to an October report published by eMarketer, a respected online publication dedicated to the digital marketing industry, the mobile payments service known as Apple Pay is now more popular than its counterpart developed by the Starbucks Coffee Company. Since about 2014, the Starbucks app, which started off as a digital version of its successful …

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