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

BigCommerce

Some estimates project that global ecommerce sales will reach $4 trillion by the year 2020. Mobile payments are also making an increasing impact. This shift to mobile is pushed along with the ever expanding list of payments-enabled devices. In 2016, shoppers spent more than $1.9 trillion worldwide. Smartwatches.

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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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Payment as a Key Success Factor: Beyond Just Transactions

365 Retail

This requires suitable payment solutions – turning payment into a strategic success factor. According to the study on payment methods in retail carried out by the EHI Institute in Cologne/Germany, contactless payment by card and NFC are now considered the “new normal”. And mobile payment by smartphone is also picking up.

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Retail Tech to Make Shoppers Fall in Love with Your Store

iVend

Payment options – Frictionless checkout means making the payment process as smooth as possible and giving customers a range of ways to pay. The trend continues, with contactless payment options still a driving force – whether by tap and go credit card, mobile payments such as Apple Pay and Google Pay, or wearable payment tech.

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Shopify Card Readers: Options to Pick and How to Get One

Ecommerce Platforms

Not to mention, Shopify card readers are affordable (allowing merchants the opportunity to purchase several of them without breaking the bank) and mobile (giving retailers more options for roaming the floor, browsing your product database from anywhere, and even accepting payments from places like the curb). It’s just a point of sale.

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Top retail technology trends to look out for in 2024

iVend

Payment options – Frictionless checkout means making the payment process as smooth as possible and giving customers a range of ways to pay. The trend continues, with contactless payment options still a driving force – whether by tap and go credit card, mobile payments such as Apple Pay and Google Pay, or wearable payment tech.