Category: Mobile Payments
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Category: mobile-payments
18 October 2016
Mobile Payment Systems: Are They Worth the Hype?
We’ve written about accepting mobile payments quite a bit in the past month, and our impression of this rising star in the payments space has been largely favorable. But, like any new technology, there are negatives to every positive. Here are a few reasons why mobile payment systems may not be as great as we …
14 October 2016
Mobile Payment Systems Coming to a Department Store Near You
Kohl’s, a leading department store in the U.S., has officially launched Kohl’s Pay, a mobile solution for payment systems that operates by integrating a private label credit card with the department store giant’s loyalty and rewards programs. This is an important step forward for mobile payment systems as the retail payments landscape continues to evolve. According …
14 September 2016
Mobile Payment Systems Surge, Influenced by Millennials
New types of mobile payment systems are cropping up in business everywhere, thanks to consumers like myself who are part of the most talked-about generation since the baby boomers – the millennials. We’ve been referred to as lazy, lousy, and entitled. Some of us have even exuded these traits in heavily criticized fashion. There’s no denying, …
29 August 2016
7 Mobile Payment Systems to Know Now
Take a photo, read a review, watch a movie, order a pizza, catch a rare Pokémon. These are just a few examples of the hundreds of things your mobile device is capable of. And, thanks to advances in technology a few years prior, you can add making and sending payments to that list. Yes, paying …
25 July 2016
Mobile Payment Systems are Taking Over
Biometric authentication is poised to change mobile payment systems. Earlier this year, MasterCard announced their plans to roll out a mobile payment systems app, MasterCard Identity Check, allowing their cardholders to make payments using facial-recognition technology on their smartphones. That’s right – MasterCard is going to allow users pay with a selfie. After a successful European pilot …
16 January 2016
Wearable Technology on the Rise; Mobile Tech to Reign
Wearable technology trends are on the rise and mobile tech is taking reign for the payments industry. Technology research heavyweight Gartner recently released its forecast that wearable technology will be a much larger part of mobile payments in the very near future, with an estimated 50 percent of consumers using wearable technology or smartphones to …
16 December 2015
Walmart to Debut Payment App in Unsure Mobile Payment Market
Are you ready for the brand new Walmart payment app coming soon? Mobile payments have been around for a while without taking over the payment landscape, and many thought that the tide would turn with the premiere of Apple Pay in September 2014. However, although many people were excited about its launch, Apple Pay has …
11 December 2015
7 Payment Processing Milestones in 2015
The year is wrapping up and 2015 has been big year in the payment processing sector. Although it may seem like a niche industry, the truth is that all business, big and small, are affected by trends and changes in payment processing. Below, you’ll find our choices for the top seven payment processing milestones of …
30 July 2015
Alternative and Mobile Payments Might Not Be a Hit With Millennials
Are millennials just not that interested in mobile and alternative payments? Recent studies suggest that might be the case. Millennials, those that are currently between 18 and 34-years-old, are known for being obsessed with smartphones, social media, and apps, but they may not be as interested in mobile payments as previously thought. It may sound …
22 July 2015
2015 Mobile Payments Trends Revealed
2015 Mobile Payments Trends to Watch Out For Recently, the Global Mobile Money report observed 15,000 mobile users across 15 countries didn’t shock anyone when they showed that mobile banking and mobile commerce continues to grow quickly. About two-thirds of mobile media users have completed transactions using their smartphones and 69-percent said that they use …