A new study from Juniper Research has found that the global value of mobile and wearable contactless payments is expected to reach $95 billion annually by 2018, up from less than $35 billion last year.
As a regular reader of Internetretailing.net you can’t have escaped the growing emphasis on mobile payments. But how do you get them to work for your business – and which of the many do you choose? Here Trevor Vagg, director at Kantar Media offers some advice.
Millions of MasterCard cardholders and Android device owners in the UK will soon have additional safe and secure ways to make mobile payments and purchases, as Google today announced it will launch Android Pay in this market.
PayPal and Vodafone have teamed up to create a payment tool to rival Apple Pay that will see Vodafone users able to pay using PayPal at contactless terminals – so long as they have an Android phone. And are in Spain or Mexico initially.
Young & Co.s Brewery has become the latest food retailer to introduce the Qkr! with MasterPass app that lets users pay at their table and speed up their departure.Customers ordering food at any one of 168 pubs across London and the south of England will have the option to pay (more…)
According to a new report by Timetric, a rapid growth in online shopping is expected to create new opportunities in Finland for mobile commerce and mobile payments.
From its origins in the early 1980s, Office has grown steadily and is a staple of the British high street and now has more than 150 global sites, including concessions in Selfridges IRDX RSEL], Topshop and House of Fraser . It is now one of the IRUK Top 500 retailers, (more…)
One company that is tapping into this boom in China for m-commerce, is Powa Technologies. It has formed a 10-year strategic alliance with to create a ubiquitous new standard in mobile commerce for China UnionPay’s (CUP) 1.3b credit and debit card users.
The UK is increasingly becoming the go to country for online shoppers from across the world, with China leading the way – and 83% of these Chinese shoppers are using mobile.
Verifone and Swipp, a leading Danish mobile payment app, are to integrate Swipp as an accepted payment method for more than 30,000 Danish merchants using Verifone devices. The development of the app has been supported by more than 70 banks in Denmark.
From today, customers at ASK Italian restaurants across the UK no longer need to ask for the bill. They now have the option to pay from their smartphone, through the Qkr! with MasterPass app.
Think again, says Klas Back, General Manager of International and Payment Strategy at Braintree.
Mobile payments in the UK now account for 46.9% of all online payments and 40% of PayPal transactions are mobile.
The majority of the UK adult population will not be paying for their Christmas gifts with a mobile or watch, according to the latest research from Skopos – because not enough people have them.
Cloud-based POS platform Lightspeed, and mobile payment service, iZettle, announced today a partnership to equip thousands of restaurants across the UK and Europe with a quick and easy technology to take mobile payments on-the-go.
Owen Chen, President and CEO of global POS solutions developer Posiflex Technology, Inc., discusses the impact that mobile point of sale is having on the retail landscape. Rising internet access through smartphones and tablets together with the growth of online retailing has led to a new breed of customer, one (more…)
MasterCard has partnered with ASK Italian, Zizzi – both part of the Azzurri Group – and Carluccio’s to bring their customers mobile payments via the Qkr! with MasterPass app on their phone. The move follows a roll out at Wagamama in March.
By 2017, everyone will be able to pay with their contactless-enabled device for high value payments (above £30 in the UK) at all contactless terminals in Europe, says MasterCard, removing one of the biggest impediments to contactless growth in retail. Using payment services such as Apple Pay, consumers can already (more…)
The high-profile launch of Apple Pay is set to bring a whole host of benefits to retailers, greatly impacting the use of credit cards while also reducing financial service fees. Matt Clarke, Chief Technical Operator at Amaze, looks at what we can expect to see next Apple Pay – quick, (more…)
Today sees the limit for contactless payments rise to £30, from the previous limit of £20, in a move that’s expected to deliver a new boost to NFC (near-field communication) payments, and could encourage the wider take-up of mobile payment methods. Already, figures from MasterCard and Barclaycard show contactless spending has grown (more…)