A massive survey of 1.2 million Chinese iPhone owners shows they would switch brands. A huge survey conducted with the participation of 1.2 million Chinese iPhone owners showed that Apple use in China would fall by 95 percent if Donald Trump’s executive order is implemented. The iPhone owners stated that they would rather switch smartphone brands than go without WeChat. The survey was conducted following an executive order from US President Donald Trump which would ban American companies from transacting with Tencent, the owner of WeChat. That said, this survey’s…
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Will facial pay technology be the next stage in mobile payments?
Will consumers and businesses be willing to adopt it and how will their privacy be secured? The technology for facial pay already exists. That said, developing a transaction method and encouraging individuals and businesses to use it are entirely different challenges. The tech uses mobile payments that verify transactions using an individual’s own face. The idea behind using facial pay technology is that a person would be able to walk into a store, pick up the desired items, then look into a camera at the checkout area to confirm identification.…
Read MoreUnique WeChat QR codes give business clients a way to access more customer data
Tencent wants to focus more on its business clients than its users. A unique kind of WeChat QR codes are being rolled out as part of a new service that gives business clients the chance to use these codes on every single one of their products. This will allow Tencent’s business clients access to more data on each of their customers. The service will provide companies with better tracking data. The WeChat QR codes are part of Tencent’s latest move to focus on business clients, rather than its users. The…
Read MoreFacebook payments to come to WhatsApp in the future
The social media giant is reportedly seeking to enter the mobile payments space with its own cryptocurrency. Facebook payments may be around in the not too distant future. The social networking company is jumping on the cryptocurrency bandwagon and is reportedly developing its own digital currency called Facebook Coin. The company’s supposed goal, reports CNBC, is to allow users of its cryptocurrency to transfer money through WhatsApp. Facebook’s move would mimic China’s popular WeChat Pay. The Facebook Coin, which would be attached to the US dollar, and would allow users…
Read MoreDigital Debit Group Releases Retail-Grade QR App Powered by PayPal Now Available on iOS
Downingtown, PA and San Juan, Puerto Rico – February 18, 2019 – Ready to use upon download, without card swipers or terminal hardware, the Digital Debit® app make its way to a ready marketplace. Newly-released in the Apple App Store, merchants and freelancers can now accept in-person payments for services rendered from millions of PayPal users. While retail-grade in its functionality, the QR app with PayPal integration can also be used in a more casual way. Family and friends can both pay and get paid with the Digital Debit® app by…
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