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
  • The Top 5 Ways to Enhance Your Mobile Payment Process

    … Smartphones and tablets are increasingly popular devices that people use every day. When it comes to ecommerce, mobile payments are becoming a popular option, thanks to the ease and convenience of making a payment anywhere, at any time, with just a few taps. As a merchant, enhancing your mobile payment process is a worthwhile investment…

    Marketing Technology Blog- 15 readers -
  • Chase is using its Warriors deal to beef up Chase Pay offering

    … some kind of rewards or loyalty incentive. Chase seems aware of this; it sponsored a research report conducted by Javelin Strategy that says for mobile payments to take off, retailers need to offer value beyond the actual payment at the point of sale that will bring more convenience to the customer or make them feel they’re getting something out of it. Read the full story on tearsheet.co The post Chase is using its Warriors deal to beef up Chase Pay offering appeared first on Digiday. …

    Digiday- 11 readers -
  • Getting Up Close and Personal with Proximity Mobile Payments

    … Time for a pop quiz, folks. Here we go: What do the following things have in common? Puppy dog kisses A chewy chocolate chip cookie Your favorite celeb at the VIP meet and greet Mobile payments If you said, “They’re all things I’d love to get up close and personal with,” you get an A+! [...] Read More... The post Getting Up Close and Personal with Proximity Mobile Payments appeared first on Thryv. …

    Dex Media- 15 readers -
  • You’ll Never Get Paid the Same Way Again – Why, and How to Prepare

    … Getting paid is probably the best part of your day. But aside from planning how you’ll spend those hard-earned dollars, think about how you actually accept these payments. Is it a smooth process? Is it easy for both you and your customers? How flexible are you with various payment methods? Do you deal in only [...] Read More... The post You’ll…

    Dex Mediain How To's- 18 readers -
  • Why Over 75% of Small Businesses Use Alternative Payment Processing Methods

    … According to a survey by Mercator Advisory Group, 76% of U.S. small businesses say they use nonbank payment processing for credit card and debit card payments they accept from customers. What exactly is a nonbank platform? These are institutions that provide banking and financial services, but do not hold a banking license. Most simply, they’re [...] Read More... The post Why Over 75% of Small Businesses Use Alternative Payment Processing Methods appeared first on Thryv. …

    Dex Media- 16 readers -
  • Cheatsheet: What you need to know about mobile payments in China

    … The U.S. and Europe often look to China as an example of what a mobile or social payments ecosystem could look like at scale. Consumers and businesses alike online and in-person prefer using WeChat Pay, the mobile payments function of the popular messaging app, or the PayPal-like Alipay to cash — because it’s so easy. People like their payments…

    Digidayin How To's- 21 readers -
  • ‘A new customer segment’: Inside Western Union’s refugee assistance program

    … Remittance giant Western Union is recognizing that refugee communities can be emerging economies in their own right. The Kakuma refugee camp in Kenya has 164,571 registered refugees and asylum-seekers, according to the UN Refugee Agency, and more than 500 merchants: produce markets, coffee and tea shops, bars; hardware and electronics shops…

    Digiday- 14 readers -
  • Chinese social payments apps enter US market

    … Alipay has landed in the U.S. following its do-everything social payments competitor WeChat, who moved in last week, signaling the start of a payments arms race here. Alipay, China’s dominant mobile payments company under Ant Financial, signed a deal Monday with First Data, the U.S. card processing giant, that will allow Chinese tourists…

    Digiday- 17 readers -
  • 5 charts on how mobile payments are growing in China

    … Social payments in China now reach almost $3 trillion, according to a United Nations report released Wednesday. China has been a world leader in mobile and social payments while the U.S. and Europe have been slow to adopt them. Payments on messaging and e-commerce platforms like WeChat and Alibaba are set to increase China’s GDP by $236 billion…

    Digidayin How To's- 23 readers -
  • Mobile Payments: Does Local’s Holy Grail Have Holes?

    … benefits that come with it. The closest we’ve come to that tangible value proposition is the time savings of “order-ahead,” which isn’t tap-to-pay but it’s fulfilled offline. Starbucks has been the poster child and coffee is a fitting product — a personalized, recurring order where speed is a factor. But the Starbucks example only validates order…

    Michael Boland/ Street Fight- 20 readers -
  • How Chase is tackling mobile payments

    … Like many banks, Chase is focused on mobile payments, with its four-month-old Chase Pay product. Late last week, it acquired MCX, a retailer consortium with members like Walmart, Target and Best Buy, its second mobile payments acquisition. Three months ago, Chase acquired LevelUp, a mobile payments app geared at smaller retailers on the East…

    Digidayin How To's- 17 readers -
  • Why Mobile Payments Will Heat Up in 2017

    … Why Mobile Payments Will Heat Up in 2017 January 17, 2017 by David Card Leave a Comment Filed Under: Commentary Street Fight’s 2017 Predictions round-up was heavy on voice search and AI, and pretty light on mobile technologies. I expect the former two to be critical hyperlocal technologies, but their payoff might take some time. Meanwhile…

    Street Fightin Display Mobile- 18 readers -
  • 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- 11 readers -
  • Report: Digital Wallet Usage Increased 20% From 2014 to 2015

    … Digital wallet usage increased by 20 percent from 2014 to 2015, according to new data from Citi Retail Services. The results from two ‘Let’s Get Digital’ surveys of U.S. consumers (one from January 2014 and the other from December 2015 to January 2016) showed 55 percent of respondents in the 2015 survey had used a digital wallet to make…

    Inside Facebook- 27 readers -