Visa has partnered up with IBM Watson to bring its mobile payment system to all of IBM’s IoT-connected devices as consumers become more comfortable with the technology, driving mcommerce further into a futuristic era.
Articles Tagged ‘Payments’
Apple’s legal tension with Australian banks over Apple Pay restrictions remains taught, but a new development in the application may clarify some of the thornier issues involved.
Thirty-two percent of the 33 million customers who use Amazon Payments do so through a mobile device, according to some numbers provided by Amazon.
With consumers becoming more comfortable using mobile payment platforms for everyday purchases, MasterCard recently invited New York residents to buy items from a specific café with Samsung Pay in exchange for tickets to a Cold War Kids, Capital Cities or Years & Years concert.
Chick-fil-A and Wyndham Hotel Group are among the latest businesses to adopt Visa Checkout in an attempt to eradicate cart abandonment on mobile as competition heats up between the card network and Apple Pay for dominance in mobile online payments.
Today in mobile marketing – Amazon expands payments to take on PayPal; Clothing led ecommerce spending for the first time in 2015; Toyota expands Microsoft partnership in connected vehicle services; Jeff Bezos: New Kindle in the works.
While mobile sales grew significantly during the 2015 holiday seasons, when it comes to returning or exchanging unwanted presents, most consumers still prefer in-store, challenging retailers that do not have a strong omnichannel infrastructure.
This era of on-demand ecommerce is closely correlated to the shift away from traditional payments processors and toward more innovative solutions, such as those developed by Stripe or Braintree.
The casual dining sector’s use of mobile continues to heat up, with Outback Steakhouse preparing to launch a new mobile application later this year that will enable diners to virtually check where they are on the waiting list as well as pay for meals at the table.
Payment transaction volume on wearables will reach $501 billion by 2020, growing at a compound annual growth rate of 177 percent and representing 20 percent of total mobile proximity transaction volume, according to a new report from Tractica.