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Trends Analysis: The State of Mobile Payment

ESW

Consumers used physical currency in just over one quarter (26%) of transactions in 2018, according to research by the Federal Reserve. Debit and credit cards are now the most popular choice for consumers, but even these trusted payment methods are under threat. Electronic and mobile payment solutions are proliferating.

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Top 7 Mobile Payment Options You Should Provide

ecomdash

And for many, that means shopping on smartphones and tablets with the payment providers they prefer. Why You Need to Offer Payment Options for Mobile Users. Mobile ecommerce accounts for well over half of all online sales worldwide. In 2017, nearly $1.4 And, mobile sales for 2018 are expected to increase to $1.8

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Where Payment Processing Systems Are Headed In 2020

RTP blog

Better Payment Security Credit card fraud is on the decline. Just three years ago, in 2017, fraud amounted to $8.1 And technology is one way to heighten security, both for FinTech companies and consumers. Mobile Payments On The Rise Already, 29% of American consumers would be content to pay with their smartphones all the time.

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Digital Commerce and the Threat of Card-not-present Fraud

BigCommerce

Consumers shop more and more across a variety of devices and channels. Retailers continually optimize their sales channels to deliver more seamless consumer experiences. New Payment Methods, New Fraudulent Activity. The method in which consumers shop is continually evolving. Take digital commerce, for example.

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How Retailers Can Use Beacons To Beat Amazon Go In 2017

RTP blog

Well for one, the launch of the Eddystone beacon has removed the need for businesses to have a specific retail app in place in order to interact with consumers. Retailers can now simply leverage the Chrome browser app (on both iOS and Android devices) to send contextual notifications to consumers. As per the report, 1.6B

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Retailers Can Learn Lessons From Consumers' Card Safety Concerns

RTP blog

By Nicole Bryan, Sterling Payment Technologies Given the rise in reported data breaches and credit card fraud concerns, it should come as no surprise that the shift to EMV and mobile payments has some shoppers wary. Credit card security is on the rise, and merchants need to let consumers know they’re protected.

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Viva La Retail: The Retail Renaissance Lives And Dies By The Connected Consumer

RTP blog

Up to 90% of consumers use their phone while shopping in stores and retailers are increasingly enhancing digital transformation strategies to take advantage of the new mobile-powered shopping era across every vertical, from department stores and supermarkets to hardware, sports and specialty retailing.