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How Mobile Payments Are Taking Over eCommerce

Groove

The new way of purchasing goods and services is through Mobile Payments whether you are shopping online or in-store. As millions of users start to use mobile payments each year, it is projected that 4.8 billion people will be completing transactions through mobile payments by 2025. What Are Mobile Payments?

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Sam’s Club Deploys AI-Powered Computer Vision to Speed Payment Confirmation

Retail TouchPoints

Sam’s Club is piloting technology designed to address one of the retailer’s biggest customer pain points: waiting in line at the store exit for an associate to check their receipts against the items in their cart.

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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. Google Pay has partnered with Affirm and Australia-based Zip and will begin offering their pay-in-four services on Android devices early in 2024.

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Where Payment Processing Systems Are Headed In 2020

RTP blog

Payment processing is complex. However, payment technology is perhaps the best it’s ever been. FinTech companies and customer expectations are shaping the future of payment processing. Better Payment Security Credit card fraud is on the decline. You need to facilitate mobile payments if you haven’t already.

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Digital Wallets: What’s Good for the Payments Industry is Good for Retailers…Right?

Retail TouchPoints

As the online payments industry continues to evolve, new digital wallet solutions, such as mobile payment apps and e-wallet platforms, are becoming increasingly popular and reshaping the way consumers transact. 4 Pros of Digital Wallets Some of the advantages of digital wallet payment options include: 1.

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Kroger Doubles Ship Assortment Via 3rd-Party Marketplace

Retail TouchPoints

Starting this fall, more than 50,000 additional items will be available to Ship customers across multiple categories including natural and organic, international food, specialty items, housewares and toys. NFC uses a radio frequency field to transmit data between a mobile device and PIN pad, eliminating physical contact.

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

BigCommerce

First, fraudsters likely see mid-sized merchants as having enough revenue and customer volume to make attacks worthwhile. Some estimates project that global ecommerce sales will reach $4 trillion by the year 2020. Mobile payments are also making an increasing impact. In 2016, shoppers spent more than $1.9 Smartwatches.