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A three-year research report indicates a mobile app can be a big boost for sales and customer engagement.
The social media giants is adding the feature so its zillions of users can shop as they socialize and the move has industry watchers buzzing.
Best Buy, Target, and Wal-Mart were among the first major retailers to announce their support for the Merchant Customer Exchange. More than three years later, the proposed mobile payments system is still more an idea than an actual product.
Just 13 percent of more than 17,000 consumers surveyed have a digital wallet on their smartphone.
The U.S. is the last developed country in the world to move from the magnetic stripe card standard to EMV. It is also the largest and most complex market so far to make the switch, and Ingenico is finding that many merchants — especially medium-size ones — are not fully aware of what they need to do to get ready.
Michelle Evans, senior consumer finance analyst at Euromonitor International, shares some insights from her company's recent Hyperconnectivity Survey.
From an Under Armour installation that tests athletic ability to a Warby Parker photo booth experience, interactive customer experience was the order of the day at the inaugural Interactive Customer Experience Summit, held June 28-30 at the Sofitel Chicago Water Tower.
Total mobile online retail payments are expected to grow from $75.8 billion to $217.4 billion at a 23 percent compounded annual growth rate between 2014 and 2019, according to Javelin's Mobile Online Retail Payments Forecast.
It's time for a look back at the most-read articles on Mobile Payments Today in June, and what we can learn from them.
Suretap now boasts support from Bell, Telus and its subsidiary Koodo, and Virgin Mobile Canada. CIBC also will allow its customers to load their credit cards into the mobile wallet, and consumers have the ability to store gift cards from more than 30 retailers.
The payments industry doesn't know much about Microsoft's plan for mobile payments, but Thomas Yohannan gives his take on the situation.
In a survey of 1,000 shoppers and payment processes in the past year, 93 percent used cash, 68 percent used debit cards and checks, 67 percent used credit cards and 62 percent used PayPal for payments.
The bank and MasterCard claim that the digital wallet, which is accepted worldwide at 250,000 online retailers as a checkout option, is the first of its kind available in India.
The company plans to launch international operations in the U.K. this month.
The company also announced a partnership with Visa to work on digital payments.
New report reveals mobile apps generate almost 50 percent of mobile transactions for some of the biggest e-commerce players.
Results show that the use of mobile technology by shoppers continues to climb, with adoption growing among key segments of the population.
The integrated system, which operates on a closed Android platform, is ready out of the box, with implementation software allowing for a quick setup.
Several businesses in Detroit are beginning to accept bitcoin as a payment option.
The company is testing the feature with about a dozen retailers with plans to expand by the end of the year and into 2016.
The digital wallet is already available at a significant number of online retailers in Brazil.
First Data said the move is meant to complement its 2014 acquisition of digital gift card provider Gyft.
AmEx Express Checkout enables AmEx cardholders to check out quickly at participating online merchants by using their americanexpress.com account login.
India-based online wallet MobiKwik last week announced an agreement with retail outlet WHSmith India to enable digital payments at multiple offline outlets.
ValueCard and MeaWallet have agreed to a strategic partnership to deliver open and closed loop mobile payment services to bank, retailers and MNOs.
Consumers can also discover Groupons from nearby local businesses.
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