by Payment Solution Pros | Jun 14, 2017 | Business, Card Processing, Credit Card, Digital Wallets, mobile tech, Mobile Wallets, NFC, Retail
Mobile platforms like Apple Pay and Samsung Pay let customers swipe their phone at an NFC-equipped terminal. Do you have one? Mobile technology has altered the way consumers expect to pay, and businesses that aren’t ready may get left out in the cold. Instead of...
by Payment Solution Pros | May 1, 2017 | Digital, digital trends, Digital Wallets, Millennials, mobile tech, Mobile Trends, Mobile Wallets, Trends
Over the last several years there’s been a lot of talk about Millennials. This really shouldn’t be all that shocking. At 90 million strong, Millennials are the largest demographic in America. It’s also anticipated that by 2025 Millennials will be the highest-earning...
by Payment Solution Pros | Apr 18, 2017 | digital trends, Digital Wallets, Mobile Payments, mobile tech, Mobile Trends, Mobile Wallets, NFC, smartphone, Trends
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...
by Payment Solution Pros | Jan 12, 2017 | Business, Credit Card, Digital Wallets, M Commerce, Mobile App, Mobile Commerce, Mobile Ordering, Mobile Payments, Mobile Trends, Mobile Wallets, Small Business, smartphone
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?...
by Payment Solution Pros | Dec 8, 2016 | Card Processing, Digital Wallets, M Commerce, Mobile App, Mobile Commerce, Mobile Payments, Mobile Trends, Mobile Wallets, Retail, Retail Sales
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...
by Payment Solution Pros | Nov 1, 2016 | Cybersecurity, Data Security, Digital Wallets, FinTech, Mobile Wallets, smartphone
Mobile wallets check off several boxes on consumers’ payments wish list: ease, convenience and options. Yet, mobile wallets also signify new opportunities for fraudsters. As card-free commerce becomes more enticing for consumers and businesses alike, banks and mobile...
