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.

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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Amazon dumps major mobile commerce “just walk out” in-person shopping feature

John Montgallo
Mobile commerce - Amazon feature Cancelled

The online marketplace and tech giant is killing off its feature letting shoppers simply leave grocery stores. Amazon built a tremendous amount of hype around the mobile commerce feature at its in-person grocery stores, which let people “just walk out” and still pay for their purchases. How did the system work? The idea was that people could enter the store and scan their payment method, choose their items, bag them up and simply leave without having to go through a checkout counter. It appears that as hyped as the system…

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Japan and ASEAN plan QR code mobile payments integration

Stephanie Beck
QR code - Mobile Transactions - ASEAN Logo

The Association of Southeast Asian Nations and Japan intend to unify their systems next year Beginning next year, the Association of Southeast Asian Nations (ASEAN) and Japan intend to combine their QR code mobile payment systems to streamline transactions and skip currency exchange requirements. This strategy will be particularly beneficial to tourists moving throughout the region. This strategy was announced by the Ministry of Economy, Trade and Industry in Japan (METI), and the Vietnam News Agency (VNA). Its purpose is to make spending a smoother experience throughout the regions. METI…

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Bill payments increasingly common through mobile wallets

L. Green
Mobile wallets - Paying a bill

A recent study showed that one in five consumers make auto loan payments in this way Consumers are getting on board with mobile wallets to an increasing degree, not only for making purchases in store, but also for a range of other types of transactions. Convenience makes them popular Among the advantages consumers are enjoying the most about using mobile wallets for a spectrum of applications is that they can use them for managing their finances and for storing sensitive personal identification information, among other data. A recent PYMNTS survey…

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