Search Results for: Mobile Payments

Apple Pay and other mobile payments will count for 1 in 3 in-store transactions by 2020

August 3rd, 2018 (0)
The future of shopping transactions may look a lot like Apple Pay. In-store contactless payments are predicted to reach $2 trillion by 2020, making up one-third of total transactions, according to a Monday Juniper Research report. Contactless payments will ...

Mobile Biometrics will verify trillions of dollars in mobile payments by 2023

July 26th, 2018 (0)
Mobile biometric technology is going to play a much bigger role in payments over the next few years, according to a new market forecast from Juniper Research. The UK-based firm predicts that by 2023, such technology will be used ...

Why Americans are warming to mobile payments

June 29th, 2018 (0)
Americans have long been laggards when it comes to paying for goods and services with a smartphone. Plenty still prefer to sign credit-card slips or even cheques. But there are signs that they are warming to more modern methods. ...

Mobile payments set to hit $4.5B market value by 2023

April 12th, 2018 (0)
Data from Allied Market Research suggests that the mobile payment market will expand at a compound annual growth rate of 33.8 percent from 2017 to 2023, to reach a market value of $4.574 billion. AMR attributes its growth projections ...

China’s mobile payments skyrocket in 2017

February 21st, 2018 (0)
China’s mobile payments in 2017 totaled 81 trillion yuan, or US$12.77 trillion, as of October according to a report from the Xinhua news agency this week. The volume crushed the total for the whole of 2016, which came in ...

Study: UK consumers more likely to use proximity mobile payments than US counterparts

December 27th, 2017 (0)
The future of mobile payments appears more bright in the U.K. than the U.S. thanks to consumers’ familiarity with contactless payments, according to a report from Auriemma Consulting Group. “U.K. consumers were introduced to contactless payments in 2007,” Jaclyn ...

Biometric mobile payments to hit 1T transactions, $51B in revenue by 2022

December 6th, 2017 (0)
Biometric transactions may soon replace cash payments: By 2022, mobile biometric solutions will authenticate more than 1 trillion transactions annually, driving the market to $50.6 billion in annual revenue that year, according to a new report from Acuity Market ...

Artificial intelligence mobile payments are coming sooner than you think

November 1st, 2017 (0)
Artificial Intelligence, or AI, is an umbrella term comprised of numerous computer systems which enable machines to think, learn, and react as a human would. These systems include, Machine Learning, such as Deep Learning and Predictive Analysis, Speech to ...

In-store UK mobile payments jump 336% but still rare, report finds

August 17th, 2017 (0)
The widespread acceptance of mobile payments in physical retail stores in the UK has led to significant growth in the number of transactions, a new report has found. In the first six months of this year, the value of ...

Mobile payments via fingerprint, iris scan, and selfie will hit $2B this year

May 11th, 2017 (0)
Fingerprint and selfie pay are on the rise: The number of mobile payments authenticated by biometrics will rise to nearly $2 billion this year, up from $600 million in 2016, according to a report from Juniper Research, released Monday. ...
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