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.

Wealthy consumers are using mobile wallets to pay

John Montgallo
mobile wallet - person making payment

Among high-earning shoppers, 55 percent use digital payments to complete their transactions After a slow start, consumers are increasingly using mobile wallets to pay for purchases both online and in-store. That said, some demographics are using the technology more than others Regardless of whether they are shopping in-person in brick-and-mortar stores, or are shopping online, consumers are turning to mobile wallets more often to complete their transactions. That said, these digital apps and platforms such as Google Wallet, Apple Pay, and PayPal aren’t limited exclusively to transaction completion while shopping. …

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Japan and other Asian countries to collab on QR code payments

Jorge Gonzalez
QR code - Japan Flag in code

The barcodes are already popular in many of the countries, so they now aim to make them compatible Japan has joined a number of other Asian countries in an effort to create a QR code payments system that ca be used across all their borders, making it easier for the digital transaction services to be used from one country to the next. There are a number of Southeast Asian countries involved Among the countries joining the QR code payment system collaboration is India, among several other Southeast Asian nations. Payments…

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Mobile wallets are becoming popular among boomers for this reason

Jennifer Goula
Mobile wallets - Baby Boomers using mobile phones

This generation isn’t using phones as a payment method as much as others, but another use is growing When it comes to demographics using mobile wallets the most, the majority of people wouldn’t think that Baby Boomers would be in a top category. That said, when it comes to one specific behavior, they’re participating quite a bit. It’s true that this isn’t the top generation for using mobile payments Still, there are far more features available through mobile wallets than making payments by tapping a smartphone at a checkout counter.…

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Shoppers spend more when they use digital wallets for payments

Jesse Collins
Digital wallets - Increase in use

Consumers using online transactions spent 31 percent more than non-users in a recent US survey. US shoppers who use digital wallets spend significantly more across several major categories than their non-user counterparts. This was the finding of a PYMNT and AWS survey of 2,501 people The survey found that people using digital payments spent 31 percent more than non-users across a spectrum of categories. Restaurant sales saw the biggest difference, as people paying digitally spent an average of 33 percent more, since they spent an average of $44 per bill,…

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Will DOOM QR codes draw player ire with forced microtransactions

L. Green
QR codes - Doom Bringer in Background - Money Gaming

An enthusiast has added the barcodes to the game to direct payment UI when an item is picked up Software and hardware enthusiast Guy Dupont has added QR codes-based microtransactions to his DOOM mod, requiring players to scan and pay a tiny fee every time they pick up an item in the game. DOOM is a game first launched as shareware back in 1993 When the title first launched, the first nine levels were available for free, and anyone who wanted to continue on their adventures needed to pay for…

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