Category: Mobile Payments
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Category: mobile-payments
20 January 2017
Will Consumers Ever Be On Board With Mobile Payment Systems?
We recently wrote about the landscape of mobile payment systems as we look ahead at payment trends for 2017. Omni-channel commerce is going to completely disrupt the consumer experience with mobile payment systems set to see global use increase in over 25% in this year alone, according to the analyst firm TrendForce. But, the question remains: will …
09 January 2017
The Mobile Payment Systems Market in 2017
The global mobile market of payment systems will see an increase of over 25% in the coming year according to the analyst firm TrendForce. With Amazon leading the way of this exciting trend, omni-channel commerce is set to completely rearrange the consumer experience in 2017. Experts agree – the mobile market of payment systems will reach …
05 December 2016
Black Friday No Influence on Accepting Credit Cards in Mobile Apps
If you were accepting credit cards at your business on Black Friday, you might not be surprised to know the following: Hyped-up payment apps and mobile wallets did not perform as well as predicted on Black Friday. According to Fortune, Black Friday shopping online was up compared to years past where Cyber Monday has been heralded …
05 December 2016
Mobile Payment Systems Face Road Blocks
Mobile payment systems were once all the talk of retail merchants, with buzz surrounding how mPOS would revolutionize the in-store experience. Brick-and-mortar businesses predicted themselves taking the retail reins away from online competitors with mobile payment systems at their business. According to a recent report by Business Insider, the mPOS device market is forecasted to grow to …
02 December 2016
Mobile Payment Systems Security for Your Business
New technology is being brought to your attention every day. Whether or not you have implemented new tech or mobile payment systems into your payment processing yet, you have likely seen it in action. All types of businesses are expanding their processing to include mobile payment systems, allowing them to take more forms of payment, make …
23 November 2016
Accept Credit Cards With Behavioral Biometrics Influence
Behavioral biometrics software is influencing how businesses accept credit cards in the U.K. and could catch on here in the U.S. soon. So, what are behavioral biometrics and how does this influence a business’s ability to accept credit cards? Traditional biometrics involve innate human characteristics like eye blinks, iris patterns, fingerprints, or facial structure. Behavioral …
16 November 2016
Mobile Payment System Trending Thanks to Millennials Going Cashless
A recent statistic from ETA’s Transactions Trends states that 21% of young Americans (aged 23 – 34) say that they will make all or most of their purchases with cash, which is down 18 percentage points from five years ago. Among all age groups, millennials have shown the most significant drop in cash use. In contrast, …
14 November 2016
Mobile Processing Systems as Hot as a Cup of Coffee
The annual Red Cup tradition has returned to Starbucks and no Monday morning would be complete without a giant cup (or two) of coffee. With a Starbucks on nearly every corner on my walk to work, it’s easy to order on my mobile app, walk up to a counter, and pick up my paid-for beverage. Starbucks was an …
09 November 2016
Mobile Payment Systems: 3 Questions to Ask Now
Mobile payment systems and mobile businesses have been growing at rapid speeds, providing high quality goods and services at different, convenient locations. Most notably, food trucks are leading in this category, but there is no limit to business who are looking for mobility. This trend is not slowing down anytime soon. Mobile business success is …
20 October 2016
Accept Credit Card Payments? Be Flexible.
As a small business owner, you may find yourself overwhelmed on some days. Between paperwork, managing a staff, managing without a staff, ordering supplies, and balancing a budget, you don’t find much time for anything aside from what you do to make a living. That’s where point-of-sale (POS) flexibility comes in, allowing you to accept …