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Their success will likely hinge on the same issues as mobile payments — consumer adoption and acceptance.
The Amazon Go store has no cash register or payment kiosk. Instead, shoppers scan themselves into the store using the free Amazon Go app, shop as normal, remove items from a store shelf, place items in a shopping bag, and leave the store.
Roxanne Voidonicolas, marketing communications specialist at Sensibill, relates how financial institutions might be able to snag some market share from incumbents such as Venmo and Square Cash.
Smartphones are driving an e-commerce revolution. While mobile payments can adversely affect the need for kiosks in some situations, most industry observers see mobile payments as another payment option that kiosk operators need to consider to meet consumer buying habits.
Mobile Payments Today was at this year's Consumer Electronics Show, the 50th edition of the gathering in Las Vegas.
Kirsty Tull, from BillPro.com, examines the link between mobile payments and wearables and whether the latter will become mainstream any time soon.
One of the more interesting discussions during the Digital Money Forum Wednesday at the annual Consumer Electronics Show revolved around consumer take-up of mobile payments technologies.
The company said that the IoT will guide its overall strategy going forward. Samsung Pay will play a small role in that transition.
It's time for a look back at December's most-read articles on Mobile Payments Today.
All the signs seem to point to Sweden becoming an entirely cash-free country. However, the phasing out of a payment method that has been in use for centuries will not be simple, and it's possible that the country will never become truly cashless.
Here's a reason for retailers to be "appy" this holiday season: Purchases made on mobile apps more than doubled in 2015, to nearly $50 billion. We look at holiday-specific shopper apps and how retailers can parlay these concepts into direct spending online and in the store.
Despite the rapid pace of digitization in banking, paper receipts are the last bastion of an analog world. And as long as they remain analog, they also remain limited in their value.
Was 2016 the year of mobile payments?
A First Data study reveals e-gift card usage is on the climb, driven by those ages 18 to 34. The biggest card buyers are those ages 35 to 54. The main reason is convenience.
André Stoorvogel, head of marketing at Rambus Bell ID, examines what we might see from the industry in the new year.
When it comes to the ideal banking experience for the average customer, "the faster, the better," says Jorge Lemus, vice president of international banking payments at Scotiabank. This is where he believes technology can play a crucial role.
At the 2016 BCX Summit, Julie Conroy of Aite Group discussed the movement among FIs to drive mundane branch transactions to self service devices.
Scott Blum, the vice president of Total Merchant Services, gives his take on what he expects from mobile payments in the new year.
At the BCX Summit, CarrieAnne Cormier of Avidia Bank talked about the importance of serving customers with the right balance of high-tech and high-touch.
Scott Hess, vice president of user experience, consulting and innovation for Fiserv, discusses how payment providers can view this emerging area.