Mobile Payments

Mobile payment, also referred to as mobile money, mobile money transfer, and mobile wallet generally refer to payment services operated under financial regulation and performed from or via a mobile device. Instead of paying with cash, cheque, or credit cards, a consumer can use a mobile phone to pay for a wide range of services and digital or hard goods. Although the concept of using non-coin-based currency systems has a long history, it is only recently that the technology to support such systems has become widely available.Mobile payment is being adopted all over the world in different ways.
Posts about Mobile Payments
  • 5 Pay-by-Mobile Vendors for On-Demand Parking

    … — their phones. Parking is among the most popular uses for mobile payments, with 19% of consumers having paid for parking with their smartphones and 26% indicating they’d be interested in doing so. Mobile payment technology providers are combining existing payment systems with location data, and they’re working with cities to ultimately drive more…

    Stephanie Miles/ Street Fight- 6 readers -
  • Report: Digital Wallet Usage Increased 20% From 2014 to 2015

    … a purchase with their smartphone, up from 35 percent of respondents in 2014. In the 2015 survey, when non-users were asked why they have not used a digital wallet product to make a purchase, 47 percent of these users said it was easier to pay with another form of payment, such as cash or a credit card. This is up from 41 percent of respondents in 2014…

    Inside Facebook- 17 readers -
  • Street Fight Hyperlocal Analyst Predictions for 2016

    … that might hit next year, but might not. Sterling sees beacons and mobile payments as falling into the “wait till next year” category, although momentum will continue to build in 2016. Despite the slow start, the U.S. remains ahead of Europe, where Salz categorized mobile payments as an area that local marketers don’t need to worry about in 2016…

    Street Fightin Social Facebook- 10 readers -
  • 6 Reasons Why Hyperlocal Tech Initiatives Continue to Elude Consumers

    …, and other large global platforms. What’s more, these incumbents are continually evolving their product sets to maintain their hold on users, which makes the challenge that much harder for emerging vendors. 2) Mobile payment adoption is minimal. One compelling area that could make people change their habits is payments. When a platform can insert itself…

    Street Fightin Google Facebook- 30 readers -
  • Google Launches Android Pay Support for Apps in the U.S.

    … other banks—with the aim of bringing Android Pay to their MasterCard and Visa card holders. You will be able to use Android Pay wherever NFC payments are accepted in the country, including merchants such as 7-Eleven, McDonald’s and Telstra. And Australia is just the start. We’ll be adding more countries throughout 2016. This was a big year for Android Pay, and we’re excited about what’s to come. Readers: Do you use Android Pay, or a service like it? …

    AllTwitterin Google- 10 readers -
  • What do Consumers Think About the New Media Landscape?

    …, for instance, is nearing the authority of newspaper advertising. However, TV and Print still own the market for driving new customers with branded content. I’ve always said that consumers don’t go to Facebook to make their next purchase, so I don’t doubt that there’s not much appreciation for sponsored content there – although discounts may be effective…

    Douglas Karr/ Marketing Technology Blog- 29 readers -
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