Search Results for: contactless payment
2.6 billion to use biometrics for payments by 2023; Report
October 23rd, 2018
Goode Intelligence forecasts 2.6 billion to use biometrics for payments by 2023. By 2023, nearly 579 million biometric payment cards will be used globally to enable frictionless customer authentication for higher-value contactless transactions, according to new research from Goode ...
Apple Pay and other mobile payments will count for 1 in 3 in-store transactions by 2020
August 3rd, 2018
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 ...
Why Americans are warming to mobile payments
June 29th, 2018
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. ...
Massive VISA outage shows the fragility of global payments
June 6th, 2018
On Friday, VISA’s payment network suffered outages across Europe, limiting transactions for both businesses and individuals. Banks and commerce groups began advising customers to use cash or other payment cards if possible, and reports indicated that online and contactless ...
Study: UK consumers more likely to use proximity mobile payments than US counterparts
December 27th, 2017
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 ...
In-store UK mobile payments jump 336% but still rare, report finds
August 17th, 2017
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 ...
Mastercard Expands QR Payments Choice
July 20th, 2017
Mastercard outlined plans for greater choice in retail payments through the planned expansion of its QR-based programs. Beginning this month, the company will broaden its solutions to offer QR codes that can be scanned by either consumers or merchants ...
Suits you sir: Contactless mirrors come to the fitting room
February 20th, 2017
Shoppers will soon be able to pay for items directly from the fitting room by tapping their NFC-equipped mobile phones at a virtual checkout located on a contactless mirror developed by San Francisco innovation outfit Oak Labs. Created in ...
Apple, Samsung, Google Race For Mobile Payments
February 16th, 2017
Mobile payments are growing significantly around the world, but that doesn’t mean there is a clear winning payments provider. Much like making purchases on the Web naturally evolved to making purchases via mobile websites, the behavior of paying for ...
Android Pay vs Apple Pay: who’s winning the mobile payment battle?
December 22nd, 2016
Apple and Google have been competing in just about every field of technology for some time now – from maps to music – and mobile payments is no exception. Here we’re going to take a close look at how ...
