Category: Mobile Payments

Many referred to mobile payments to be NFC technology but there are other avenues that many businesses are taking to keep up with this trend. For instance, some have used QR codes on bills that resolve to a mobile site enabling a secure mobile payment.

Mobile payments in supermarkets shockingly most common from this generation

Sam Lambert
Mobile payments - Supermarket checkout

Though it would be easy to assume Millennials would be the heaviest users, they’re surprisingly not. It’s easy to think of the most common users of digital commerce and transaction tools as being from the Millennial generation, but when it comes to grocery shopping, Generation X has taken the lead in using mobile payments. When shopping in supermarkets for the food they’ll prepare, Gen X often uses phones to pay. In the United States, over 9 percent of Gen Xers are using mobile payments and commerce to purchase their groceries…

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QR code payment tests in Singapore make transactions easier for merchants

John Montgallo
QR code - Merchant mobile payments - Singapore Flag

A new system in the country uses one operator to accept 23 different payment methods. Merchants in Singapore will soon be able to use a single QR code to be able to accept nearly two dozen different digital payment methods in a trial starting this week through the central bank. Stores have been promised that the new system will reduce hassle for them and for their customers. With a rapidly growing number of apps and mobile wallets, merchants are finding it difficult – or even impossible – to accept them…

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The Internet of Things is changing the way payments are transacted

Jorge Gonzalez
Internet of Things - Mobile payments IOT

Smart payments and the way they take place is a rapidly evolving ecosystem that isn’t slowing down. The Internet of Things (IoT) is providing enhancements to the entire world in which we live through a rapidly growing spectrum of connected items in our lives. A substantial component of this IoT trend has to do with being able to complete smart payments. Though it feels as though it wasn’t all that long ago that smart payments first came into existence, and for many people, the idea of using wearable technology to…

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Apple Wallet can now add PayPal and Venmo Cards

Sam Lambert
Apple Wallet - Magnetic wallet with apple logo on back of phone

PayPal has announced that it is allowing its customers to add its cards to the mobile wallet app. In what is likely a strong reflection of how popular mobile payments have become, PayPal has now announced that it will let its customers add their PayPal or Venmo credit and debit cards to their Apple Wallet. This makes it possible for the mobile payment app users to collect cashback and rewards. Using Apple Wallet, PayPal and Venmo card users will be able to accumulate cashback and rewards when they make purchases.…

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Tech giants play substantial role in mobile payments

Jorge Gonzalez
Mobile payments - POS Terminal paying with phone

A new CFPB report underscores the influence of such players as Apple and Google. The Consumer Financial Protection Bureau (CFPB) has issued a new report underscoring the impact of tech giants, their policies and practices on mobile payments adoption, use, and trends. This is particularly true of technology allowing tap-to-pay functionality on smartphones and watches. The way these companies choose to behave has had a direct impact on access to mobile payments. For instance, Apple currently bans payment apps and banks from being able to access the Apple iOS device…

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