We’ve all been hearing that mobile will reach a ‘tipping point’ for a long time. But it seems that data now shows that more than half of actual global online purchases now happen on mobile.
As the recently launched iPhone X makes mobile payments even easier with Face ID, MoneySuperMarket reveals that a quarter (23%) of Generation Z predicts physical cards will soon be obsolete as mobile payments reign supreme.
New research released reveals retailers are missing a huge opportunity to increase sales by failing to address customer payment pain points. Most retailers admit a poor payment experience is a key reason for lost sales, but only 27% are investing to prevent these issues.
While UK shoppers complain about payment pain points in store – and online – US shoppers are embracing Apple Pay with alacrity.
Users of Fitbit can start to use their devices to pay contactlessly in stores a la Apple Pay from today.
SPAR, a leading UK convenience store group with 2,700 stores, is to launch a mobile payments and loyalty app into multiple SPAR stores starting in the South West this month.
Don Zhao, co-founder of Azoya, examines the latest developments in this crucial aspect of cross-border ecommerce, and why offering mobile payment options are prerequisite when selling in China.
Almost half of UK shoppers feel ‘educated’ about mobile payments, making the UK third in the world behind Canada and Sweden when it comes to embracing mobile payments.
Ted Baker is to roll out an app-based in-store payment solution, which brings the online and in-store experiences together.
More than half (55%) of UK consumers expect to abandon using cash for shopping in the next two years – with a quarter adopting mobile wallets.
Tesco has revamped its PayQwiq digital wallet app and is being re-launched as Tesco Pay+. Further details about Tesco Pay+ will follow later in September.
Barclaycard is piloting ‘Contactless Cones’ – a refreshing solution to reduce long queues at ice-cream vans. The self-serve ice-cream van pilot will dramatically reduce the average wait time of almost eight minutes by introducing contactless technology to a typically cash-only service.
A whopping £370 million was spent on mobile contactless payments in the first six months of 2017, a whopping 336% year on year rise in spending, according to the latest transaction data from payments processor Worldpay.
Fancy paying for things by just tapping your phone on them? Well you could be in luck – mobile proximity payments company Thyngs has taken a step closer to turning packaging, displays and shelves into POS with the addition of PayPal.
Spain’s biggest department store, El Corte Inglés, is offering its customers the opportunity to easily complement their existing store payment card with the popular Samsung Pay mobile wallet.
The staid old world of Golf is an unlikely place to pioneer new tech, but ‘Golf’s original championship’, The Open, will be accepting mobile payments for the first time this summer.
For the first time ever, cash payments are now not the most popular way to pay – and that is good news for mobile payments.
The recent news that 2016 saw a higher volume of credit and debit card transactions than cash payments, as well as the rapid increase in the popularity of contactless payments, presents retailers with an opportunity to optimise the in-store environment to significantly reduce friction in the customer journey.
André Stoorvogel, Director, Product Marketing – Payments, Rambus, takes a look at how digital wallets are not only going to shake things up for payments, but for retail in general
Mobile payment and loyalty company Zapper continues its move into mobilising and queue busting in the convenience store sector with a partnership with the National Federation of Retail Newsagents(NFRN), which represents more than 15,000 independent retailers across the United Kingdom and the Republic of Ireland.