Fewer than 50% of merchants have explored mobile solutions, concludes an annual survey by payments expert, CMSpi. The 2015 UK Payments Insights report highlights that the key concerns for merchants with regards to mobile payments are security, speed of processing and cost.
Online payments made using mobile devices continues to rise globally accounting for 27.2% of the total online payments made in Q1 2015 – up from 25.8% on the traditionally high online spending period of Q4 and up a massive 39% on the corresponding period last year.
Research has revealed that more than 31 million (92%) UK mobile users will make payments with their mobile device in 2015. A further 24% of users said their spend on mobile would increase with additional payment platforms available at the point of purchase, such as carrier billing.
Vodafone Wallet users are to be able to make contactless smartphone payments through the Vodafone Wallet on NFC enabled phones following a deal between the MNO and Visa.
While mobile and digital payments are on the rise, the majority of consumers (8 in 10) still have concerns with adoption of this technology. But does Facebook or another big brand have the opportunity to change that with their peer-to-peer payments feature? It might, according to the Walker Sands’ 2015 (more…)
British shoppers are taking to new mobile-based technologies enthusiastically as they browse and pay for goods and services – but this rapidly ups the ante and they instantly expect more.
Comic Relief is upon us and as ever it becomes something of a show pony for m-payments. While we are poised to see the usual raft of SMS based donations prove again that charge to mobile payments are really worth a second look, others are also on the case.
M-Retailing’s light lunch vendor of choice, wagamama, not only offers great oriental fusion cuisine, but also now lets us pay with an app.
Samsung Electronics is hoping to usher in a new era of simple and above all ubiquitous mobile payments and e-commerce with the launch at Mobile World Congress in Barcelona of Samsung Pay.
Despite 2015 set to be a big year for new payment trends with the growing popularity of Google Wallet, ApplePay and other m-payment methods, research suggests that only 40% of UK businesses are taking the plunge and offering customers any of these new ways to pay.
From 10 March, UK shoppers will be able to pay each other and small businesses using their Twitter handles. In a UK first, Barclays will be the first bank to link its successful Pingit peer-to-peer mobile payment service to the social media site.
Mobile payments are hot. Not only has it been talk of the town at Mobile World Congress, but every man and his dog is talking about the growing importance of mobile payments to business.
Consumers won’t be swapping their wallets for their phones just yet, warns Dan Salmons, Managing Director, PayPoint Mobile and Online. Here he lists four things that need to happen for m-payments to really take off
More than 15% of smartphone owners will use mobile wallets by 2018, but users want way more than just payments from such a technology, according to new Forrester research.
Zapper, one of the many mobile payments and digital marketing companies vying for position in retail, has expanded into Switzerland by partnering with the popular restaurant Café du Centre in Geneva. The move reiterates Zapper’s goal to expand the availability of quick, easy and innovative mobile payments across Europe.
A new study published by Experian, the global information services company, reveals that a third of the UK population (33%) believes credit and debit card payments will no longer be the preferred method of payment in 2020, as paying with a smartphone will take over. The Banking Moving Forward study (more…)
Figures from Adyen, a global payments technology company that tracks mobile payment data from web-based transactions across its customer base has found that mobile now accounts for 26% of payments.
More than 7,000 visitors, including retailers from around the world, are expected at this year’s Internet Retailing Expo (IRX) on 25 and 26 March at the NEC – and there is a lovely mobile track that will explore the latest developments, trends and ‘learnings’ about mobile.
It’s the time of year when we like to take a breath and look ahead to the exciting trends for the coming year. Here Jonathan Heap, CTO at NN4M outline what he thinks are the six big things retailers can expect to see from mobile this coming year
With the festive season rapidly approaching, bargain hunting has never been easier as customers can browse, compare prices and ultimately purchase gifts without ever having to brave the High Street, says Helmut Okike from Omlis.