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- 7 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- 19 readers -
  • Street Fight Hyperlocal Analyst Predictions for 2016

    … that brands and businesses began to understand and explore the opportunities the Internet of Things (IoT) provides them to deliver real-time, right-time marketing based on individual context and behavior. Predictably, Starbucks was one of the first out of the gate with an app with the Apple Watch that allows customers to pay with Passbook as well…

    Street Fightin Social Facebook- 12 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- 31 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- 11 readers -
  • What do Consumers Think About the New Media Landscape?

    … There’s an interesting quandry when asking for feedback via a survey versus collecting actual behavior. If you ask any consumer if they like advertising, a select few may jump up and down about how they can’t wait for the next ad to popup on Facebook or the next commercial during their favorite television show. I’ve never actually met that person…

    Douglas Karr/ Marketing Technology Blog- 31 readers -
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