Usage has been slowly picking up in the western world, but contactless transactions may rise in appeal. When examining mobile payments trend data in North America, it’s clear to see that there isn’t much of a rush toward consumer uptake. Usage is increasing more rapidly now than it has since the beginning, but a factor has arisen that may speed the appeal of this type of transaction: COVID-19. Consumers hesitant to try the technology may start finding contactless transactions more appealing. As the novel coronavirus makes its way around the…
Read MoreTag: mobile payments trend
Starbucks mobile payments are breaking up with Square
The relationship started in 2012, but comments from both companies have indicated that the partnership is ending. The mobile payments partnership that brought Square to Starbucks back in 2012 has now been announced to be coming to an end, according to statements that have been released by both of those companies. This has been only one of the changes that have occurred since Square announced the retirement of its Wallet. When the Square Wallet app was first launched, Starbucks became a key partner in its efforts to encourage adoption. The…
Read MoreMobile payments from banks trusted by UK consumers
A recent survey has shown that British smartphone users prefer paying with their bank’s services. Although consumers in the United Kingdom have always had a form of love/hate relationship with their banks, the results of a recent survey have shown that these are still the institutions that smartphone users in that country like the most in terms of mobile payments services. They may not be thrilled with their banks, but they do trust them in terms of the security of their services. The mobile payments survey was conducted by U.K.-based…
Read MoreMobile payments service to stem from PayPal and Magento deal
The new service will allow consumers to be able to pay using the app while inside stores. Magento has belonged to eBay since 2011, providing it with an e-commerce platform that merchants were able to use for the creation of customized online shops, but this has been kept separate from PayPal, another acquisition, until the latest mobile payments service was developed. This program will bring eBay’s PayPal and Magento together, changing the current environment. eBay has just announced its most recent partnership which will bring Magento’s service together with the…
Read MoreMobile payments partnership opens between Scentsy and PayAnywhere
These two companies will work together to provide independent consultants with a new transaction method. The direct selling fragrance company, Scentsy, has just announced that it will be working with PayAnywhere as its choice of mobile payments processing partner to offer its consultants a new way to complete transactions from their customers. The award winning credit card reader and app will be used to process purchase transactions. This means that Scentsy independent consultants across the United States will now be using PayAnywhere to be able to receive credit card mobile…
Read More