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Visa Debuts Web3-Based Loyalty Solution to Help Brands Engage with Consumers in New Ways

Retail TouchPoints

Consumers’ loyalty program preferences and expectations are e v olving , and while financial benefits are still seen as valuable, consumers also are increasingly seeking services and experiences that reflect their journey and growing relationship with a brand.

Consumer 264
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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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Google Pay to Add BNPL Options Early in 2024

Retail TouchPoints

Google Pay will make buy now, pay later (BNPL) options available for online and mobile payments in the U.S. BNPL got a boost as consumers worldwide grappled with inflation, and experts identified multiple BNPL growth opportunities in August 2022. YoY and $2.5 billion more than last year, according to data from Adobe Analytics.

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The Top 3 Mistakes in Mobile Payment Systems

FastSpring

As more and more consumers use their mobile devices (smartphones and tablets) to shop, it has become increasingly important for savvy companies to invest in mobile payment systems.

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Where Payment Processing Systems Are Headed In 2020

RTP blog

And technology is one way to heighten security, both for FinTech companies and consumers. trillion biometrically secured transactions will take place annually via mobile devices. 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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UNDERSTANDING RETAIL THROUGH THE LENS OF GEN Z CONSUMERS

RetailMinded

This group of consumers are prepared to shop wherever best suits them in the moment and without preference as to the vehicle they use to find what they want. At the same time, Generation Z has been called the most critical consumer group until now, with a fundamentally different view of shopping and consumption than previous generations.

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Why UK Retailers Should Save Some of Their Christmas Marketing Spend for Chinese New Year

Retail TouchPoints

To understand the impact of this shift, it’s crucial to recognize the importance of Lunar New Year to Chinese consumers. Get culturally competent : Chinese shoppers are a world away from American consumers. Make sure you accept a variety of payment methods. However you can’t rely solely on WeChat Pay either.