Mobile order and pay adoption took off this year

Mobile order and pay - businessman using smartphone

A new analysis showed that consumers are increasingly using this opportunity to purchase in advance. The results of a new analysis showed that consumers are adopting mobile order and pay at an increasing rate. The data clearly showed that some forms of retail have become quite successful in its implementation. The research was conducted based on data from the Mercator Advisory Group. That firm published their findings in their report called “Mobile Payments: Making a Comeback.” The report looked at the adoption of mobile order and pay trends as a…

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QR code use in China may fall due to facial recognition technology

QR code use - woman looking at monitor

Quick response codes are widespread for authenticating mobile payments in the country. In China, QR code use for completing mobile payments is as commonplace as the use of traditional credit cards in the United States. However, this could quickly become a thing of the past as more companies look to biometrics such as facial and fingerprint recognition. Tech giants in the country, such as Tencent, are already looking into ways to use biometrics. Most people use mobile phones to complete non-cash payment transactions in China. QR code use is the…

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New PayPal in-store mobile payments option to roll out in 2020

PayPal in-store mobile payments - paying with smartphone

Sometime next year, the online payments company is gearing up to launch in-store payments solutions. A new PayPal in-store mobile payments initiative has been revealed by the company’s CEO Dan Schulman. According to Business Insider, Schulman recently said in an interview with Axios that a digital wallet for physical stores that uses near field communications (NFC) and quick response (QR) code technology, could be part of the upcoming PayPal in-store payments solution. PayPal sees new value in the potential of offering such as system. This won’t be the first time…

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Google Pay transit payments made available in major cities with Cubic

Google Pay transit payments - Google Pay on mobile phone

Cubic Transportation Systems partners with Google to make paying for public transport more convenient. Paying for public transportation in some of the world’s major cities may be made more convenient for some mobile payment users with Google Pay transit payments options. This is because fare payment system Cubic Transportation Systems has teamed up with Google to offer contactless payments to riders who want to use their mobile phones to pay for transit. Commuters can purchase tickets or top up their transportation cards from their mobile phone. The addition of Google…

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Cross-border European mobile payment network in the works

European Mobile Payment Initiative - Euros - mobile phone

Seven European payments operators are partnering to create a cross-boarder mobile payments network. The European Mobile Payment System Association initiative has been announced by seven European payments operators that own and operate mobile payments services in Europe. These operators, many of which are owned by banks, are in the process of building a pan-European network that focuses on cross-border mobile-based payment transactions. The move comes as banks and traditional financial services companies battle fintechs and global tech giants. The seven businesses and payments networks involved in the initiative include: •…

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