The service, already available for Apple device users since last year, is now widening its reach. Stripe has announced that it is expanding its Tap to Pay mobile payments feature to Android devices that are enabled with near field communication (NFC) technology. The financial services company was the first company to become a Tap to Pay partner with Apple. The partnership between Apple and Stripe made it possible for any NFC enabled Apple device – from the iPhone to the Apple Watch – into a device that can be used…
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Last year, the value of contactless payments rose almost 50 percent, says Barclay’s
Users made an average of 220 tap-based transactions last year, totaling £3,327 per consumer. Last year, contactless payments spiked by 49.7 percent based on their total value as people throughout the United Kingdom headed back in-store equipped with tap-and-go technology. The £100 transaction limit appeared to work well for consumers as they shopped in person again. This data was released in a report from Barclays, which transacts almost half the debit and credit card spending across the United Kingdom. It went on to show that a record 91.2 percent of…
Read MoreMobile Tap to Pay trend picks up speed among US retailers
Shoppers have started to see the appeal of using their smartphones to pay for purchases in-store. Compared to many other countries worldwide, the US has been slow to adopt mobile payments, but Tap to Pay technology has started catching on among American shoppers. Adyen, one of the largest US payment services providers is now supporting this tech for retailers. Adyen has now officially launched support for Tap to Pay in its merchant networks and retailers. This has opened the door to allowing people using iPhone XS or newer, as well…
Read More8 Factors to Consider When Buying an ID Scanner
ID scanners play a significant role in capturing important information in organizations. These electronic machines read data on ID cards for purposes of identification or proof of age. They are not an incursion to privacy but a verification in adherence to the law for public safety or owner’s measures. Consider these factors before buying an ID scanner. 1. Simplicity A good ID scanner should be user-friendly with the ability to access data quickly. Ideally, it should be an automatic ID scanning device fitted with a large screen for quick and…
Read MoreHarnessing the Power of Contactless Payments for Your Retail Business
The COVID-19 pandemic has majorly affected many industries and the retail industry is no exception. Retail businesses heavily rely on cash transactions and other payment methods that involve physical contact. Social distancing and other restrictions created big trouble for both consumers and retailers. Thanks to the latest technology of contactless payment that made it easier for retailers to offer a safe and advanced payment solution to their customers. The trend of mobile payments is gaining popularity and has now become an important part of the retail industry. Businesses that are…
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