Tag: mobile payments trends

Mobile payments trends are seeing growth held back by biometrics

Jennifer Goula
Mobile payments trends wallet

The technology to scan various body parts such as eyes and fingerprints may be too challenging to keep up. While it had looked as though mobile payments trends might have the potential to take off with rapid growth as more consumers look to their smartphones to replace their use of credit and debit cards, adoption has essentially flat-lined. This, despite the fact that industry giants such as Samsung and Apple have leapt into the market. Even with the best efforts of some of the largest tech giants in the world,…

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NFC mobile payments will be used by 1 in 4 Brits in 2017

Jesse Collins
NFC Mobile Payments Mastercard QR Code PayPass MasterPass

New research from MasterCard has predicted that over the upcoming 12 months there will be a significant shift. MasterCard has now released the results of a new research study in which it determined that NFC mobile payments will be used by one quarter of all Brits throughout the next twelve months. This will represent a considerable increase in the trend toward the use of mobile wallets in the U.K. At the moment, MasterCard’s figures show that the current rate of use of NFC mobile payments within this market is at…

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Apple’s mobile payments service set to support the mobile web

Stephen Vagus
Apple maps mobile payments

Apple Pay will be moving beyond app purchases later this year Apple Pay is beginning to move beyond the world of applications. For some time, Apple has been informing potential partners that its new mobile payments service will be expanding to websites later this year. The service is expected to evolve, harnessing the power of the mobile web, which consumers have become increasingly reliant on when shopping online with a smartphone or tablet. Moving to the mobile web may help Apple Pay find more success in a space where it…

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Mobile payments interest about 50 percent of consumers

L. Green
Mobile Payments service

New Gartner research shows that about half of all consumers will be interested in the transactions by 2018. Gartner Inc. has now released data that indicates that by the year 2018, approximately 50 percent of consumers within mature markets will be interested in using their smartphones or wearable technology devices in order to complete mobile payments when purchasing products and services. Consumers living in countries such as Japan, the United States, Canada and those in Western Europe are showing interest. According to Gartner, mobile payments technology is starting to gain…

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Report from Gemalto provides insight on the mobile payments space

Stephen Vagus
qr code transactions mobile payments wallet tablet

Gemalto offers assessment of the mobile commerce landscape Gemalto, a leading digital security firm, has offered an assessment of the mobile payments landscape. The company has acquired significant experience in the mobile commerce world, where many other organizations have begun to see significant promise. Some of these organizations have been experiencing turbulence with their mobile commerce operations, which has lead Gemalto, as well as other firms, to provide some insight into the mobile payments space and the challenges that exist therein. Consumers have access to a wide range of mobile…

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