Globally, the ‘Pays’ Ring up Eye-Popping Growth. But In the U.S., It’s a Different Story

Globally, the ‘Pays’ Ring up Eye-Popping Growth. But In the U.S., It’s a Different Story

Mobile-wallet enthusiasts may have to look overseas for encouragement. A report released Tuesday indicates sizzling growth worldwide for the three major mobile-payments services—Android Pay, Apple Pay, and Samsung Pay—but researchers who follow the U.S. market say the...
How Mobile Payments Are Taking Commerce By Storm

How Mobile Payments Are Taking Commerce By Storm

In 2009, a study conducted by Deloitte predicted that by the end of 2016, 70% of mobile payment users would be less than 40 years old and the annual spend of this so-called Generation Y will be around $2.45trn just in the US. But first of all, what is an m-payment?...
Why even payments experts have trouble at the point of sale

Why even payments experts have trouble at the point of sale

Reetika Grewal — head of payments strategy and solutions at Silicon Valley Bank, a $43 billion-asset bank in Santa Clara, Calif. — recently tried to use her iPhone to make a mobile payment. She then swiped her card and the machine started beeping. Finally, she...