Mobile shopping payment trends are shifting due to pandemic trends

Mobile shopping payment - paying via smartphone

A new Paysafe study showed that consumers are changing the way they want to pay online. The results of a new Paysafe report show that over half of consumers in the United States are shopping online due to the pandemic and mobile shopping payment preferences are shifting. Shoppers can’t access brick-and-mortar retail stores because of social and distancing regulations. Without being able to shop in-person, many consumers are looking online to a far greater extent than they had before. In fact, 54 percent of American shoppers are turning to online…

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ANZ Bank and Visa report that NFC powered mobile payments in Australia are not up to snuff

Australian Mobile commerce Trends

In early March, ANZ Bank, a major financial institution based in Australia, partnered with credit giant Visa launched a trial that would test the interest in NFC-based mobile payments in Australia. The trial area included Sydney and Melbourne, which had previously shown promising levels of interest in the technology. NFC chips were given to participants in the trial and enabled smart phones to interact with proximity card readers. Both ANZ Bank and Visa had high hopes that the trial would be a resounding success, but as the trial comes to…

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