Retail mobile payments can help to reshape the customer in-store experience

Retail Mobile Payments - Shopping in-store - shop with Open sign

Retailers have been working to achieve an improved unattended shopping experience. Achieving an improved customer experience is leading stores to embrace retail mobile payments. Retailers are attempting to improve the customer experience through the use of technology. The hope is to offer greater conveniences without having to hire more staff. A great deal of this focus has been placed on the integration of a frictionless point-of-sale payment. The interest in retail mobile payments made the topic one of the best attended informational sessions at the Las Vegas Convention Center for…

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Mobile Payments mainstream adoption will be led by banks

Mobile Banking Industry

It will likely be the large and well established financial institution that will encourage its wide acceptance. Experts in the mobile banking industry are now predicting that retail banks are going to start to make larger strides into the sector in order to help themselves to reduce costs, improve their innovations, and hang on to more tech savvy customers who are growing in numbers with each passing year. This should also help to establish more mainstream adoption of using smartphones for buying. This does mean, however, that any banks that…

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