This type of popular way of shopping has reached the iPhone maker and its mobile wallet. Earlier this week, Apple Pay Later was launched by the iPhone maker as a “buy now, pay later” (BNPL) service for consumers in the United States. The initial rollout is only to select users, but they do intend to complete a full rollout this year. The launch of Apple Pay Later is starting in the United States and will begin with a number of select users, expanding in coming months to a full rollout.…
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Mobile payments may be stuck in a stone age
Mobile commerce is struggling with an inefficient monetization process Mobile commerce is not as successful as it could be and that is because of an inefficient monetization process, according to mobile payments firm Klarna’s Sebastian Siemiatkowski. The firm suggests that digital commerce is in type of “Middle Ages,” while mobile commerce is in a “Stone Age.” While e-commerce has managed to flourish over the past several years, mobile commerce has struggled to find a foothold throughout the world. While the mobile space has seen a significant degree of success, it…
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