The democratization of something is often used too loosely and in many industries and business practices. The democratization of shopping, renting, buying, traveling, and particularly finance. The over usage of this term does not apply to payments transfer over the past decade. With the advent of smartphones, better internet, and peer-to-peer payments are virtually real-time […]
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Are you a healthcare provider looking for fast new ways to make your patient’s lives easier? Well, you’ve come to the right place! The COVID-19 pandemic has completely changed how we go about our business in our everyday lives. Every time we walk out the door, we make sure we have our phone and keys
3 Healthcare Payment Trends Post Pandemic Read More »
Even though card payment is still a popular method of payment, more and more people are now switching to contactless payments especially after the COVID outbreak. It’s obvious that people want to prioritize their safety by limiting physical contacts, and one way to reduce the physical contacts at the retail stores is by paying through
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People are using contactless payment methods more than ever. While the move towards contactless payments had started before the global pandemic, the issue has hastened this shift. People are more willing to complete these payments because they know they are safer to follow. But there’s also the benefit of how easy it is to complete
6 Contactless Payment Methods For Your Vet Clinic Checkout [2023 Update] Read More »
Self-service kiosks and other devices have become a commonplace at many retail sites over the years. From kiosks at fast food restaurants that accept orders to self-checkout aisles at grocery stores, self-service retail has never been more visible than now. The self-service or unattended retail industry has especially become more essential during the global pandemic.
How Self-Service Retail Has Advanced and Helped Consumers Amid the Pandemic Read More »
Google Pay is already a popular mobile payment system, as it supports wireless payments on various Android-enabled devices. It is flexible enough to work on any Android-powered tablet, phone, or watch. It uses a secure approach to paying that can link to a credit card or another payment source. Google Pay isn’t done evolving, as
Google Pay Adds Grocery and Transit Service Deals Read More »
Financial technology or fintech is one of the most intriguing fields to explore, as it entails producing new ways for financial services to work for people. It is often tough to predict where the fintech industry will go, but there are a few moves that can be projected. Here’s a look at some of the
Top Market-Changing Fintech Predictions [2023 Update] Read More »
On 26th January 2021, MasterCard made the announcement that it is going to apply for the revolutionary range of quantum-resistant technologies for the development of next-gen contactless payments. The Ecos or Enhanced Contactless specifications will be the first-ever such technology in the industry. It helps in ensuring that as the dynamic digital landscape continues to
MasterCard Introduces Next-Generation Contactless Payments Read More »
Today, consumers either don’t use cash or they try to avoid it as much as possible. Many even avoid using their credit card, and thanks to NFC, or ‘Near Field Communication,’ it’s possible. What is NFC? NFC allows two devices near one another to ‘talk’ to exchange payment information. Apple Pay and Google Pay are
What Are NFC, Apple Pay, and Google Pay? Read More »
As we near the one-year anniversary of the pandemic, it’s apparent that the latest payment trends that took place at swift speeds are here to stay. The most common changes businesses are implementing include contactless payments, ‘buy now, pay later’ options, and increased security protection. In short, small and micro businesses need to cater to
COVID-19 Payment Trends Are Here to Stay, Says Visa Read More »
Venmo started as a fun way for peers to pay one another, but it’s quickly becoming the payment method of choice at retailers too. Venmo has become a household brand – it’s the brand consumers trust when paying friends and family, and now they want retailers to use it too. While contactless payment options are
More Consumers Want to Use Venmo at Retail Stores [2023 Update] Read More »
The past few months, especially since the pandemic outbreak, saw rapid development in contactless payments. The rising need to accept or adopt cashless or contactless payment modes was mainly in response to preventing the spread of coronavirus. Nowadays, more advanced and smarter technologies are being deployed across several mobile devices, mostly due to factors like
MasterCard Takes Contactless Payments to the Cloud Read More »
Mobile technology continually improves and 2021 is bound to see some of the greatest changes. As we move into another year of living with social distancing, consumers want contactless payments and more capabilities from the comfort and safety of their own homes. Mobile Wallet Security It’s not enough to offer mobile wallet payment options next
Mobile Technology Trends for 2021 Read More »
COVID-19 has changed the way restaurants operate in a big way. In some states, they still aren’t fully operating, which leaves restaurants thinking outside the box longer than they ever thought necessary. 2021 looks like it will shape up much how 2020 ended, which means restaurant owners must continue being creative and figuring out ways
Restaurant Trends for 2021 – How Restaurants will Succeed Read More »
More than 100,000 restaurants have closed since the start of the pandemic and as many as 40% of restaurant owners don’t think their restaurant will make it through the winter if things continue the way they are going according to the National Restaurant Association. The pandemic isn’t just affecting independent restaurants either. Chain restaurants are
Restaurants Feeling the Negative Effects of the Pandemic as Winter Approaches Read More »
Today, shopping retail and even picking up food at a restaurant looks different. Most customers prefer contactless payments and curbside pickup. They are the norm – they are expected. Contactless payments are just one more way to reduce the risk of sharing the virus. With less cash flowing around, the risk lessens, especially when consumers
COVID19 Drives Adoption of Contactless Payments and Curbside Pickup Read More »
In early August 2020, eight banks in the US have announced that they are partnering with Google to offer digital-first bank accounts directly in the Google Pay app. The partner banks will manage the financial side of these accounts while Google will provide the front-end, intuitive user experience, as well as financial insights exclusive to
Google Pay to Offer Digital Bank Accounts by 2021 Read More »
Contactless payments have been there since the 1990s, but the COVID-19 pandemic has brought it to the limelight. Moreover, the trend is here to stay for a more extended period, given the circumstances. Recently, the global beverage brand, Coca-Cola, is all set to add a variant by launching a contactless option for its consumers’ feasibility
Coca-Cola Introduces New “Pour by Phone” Contactless Technology Read More »