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Trends Analysis: The State of Mobile Payment

ESW

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. Are mobile payment apps the future of online and in-store payments, or are they a bubble waiting to burst? Samsung Pay.

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Where Payment Processing Systems Are Headed In 2020

RTP blog

FinTech companies and customer expectations are shaping the future of payment processing. Better Payment Security Credit card fraud is on the decline. Just three years ago, in 2017, fraud amounted to $8.1 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

Mobile payments are also making an increasing impact. This shift to mobile is pushed along with the ever expanding list of payments-enabled devices. And the use of mobile payments is expected to grow at an 80% compound annual growth rate through 2020 — reaching $503 billion. from Q3 2016 to Q3 2017.

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How Retailers Can Use Beacons To Beat Amazon Go In 2017

RTP blog

One of the most popular examples in this sector would be MobilePay, a mobile proximity payment service by Danske Bank that leverages iBeacon tech to enable quick and easy mobile payments.

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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.

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How to Prep for Mobile Commerce in 2018

SellBrite

billion in Q3 2017. But in recent years, buyers are getting even more flexibility and accessibility with online shopping—thanks to the rise of mobile shopping. Mobile commerce is growing in popularity as technology improves. In 2014, mobile commerce made up 11.6% In 2017, mobile commerce is projected to make up 34.5%

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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. But at the same time, merchants shouldn’t just be content with upgrading to EMV.