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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?

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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. This reduction in fraud liability can result in significant cost savings for retailers.

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Physical Retail Environments will be Transformed by the Widespread Adoption of AR Glasses

Retail TouchPoints

For example, with augmented reality glasses, retailers will personalize recommendations, similar to how we experience targeted online advertisements; shoppers will be able to pay for goods simply by looking at them; and much more. Payment in the Blink of an Eye Mobile payments are already becoming prevalent in brick-and-mortar retail.

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How online retailers can profit from Singles’ Day and the global shopping festival

GetElastic

Retailers must be aware of how various regions prefer to pay and offer that corresponding method to those consumers. In many parts of Asia, this means looking to mobile payments as opposed to traditional card-based payments here in the U.S. This means developing smart partnerships for local payment expertise. [1]

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

BigCommerce

Digital commerce continues to be top of mind for online retailers. Retailers continually optimize their sales channels to deliver more seamless consumer experiences. Mobile payments are also making an increasing impact. This shift to mobile is pushed along with the ever expanding list of payments-enabled devices.

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7 Brands Discuss the Benefits of the New Cashless Economy and Apple Pay’s Growing Ubiquity

BigCommerce

The Evolution of Mobile Payments: A brief history of mobile payments, according to TechCrunch : 1983: David Chaum, an American cryptographer, starts work on creating digital cash by inventing “the blinding formula, which is an extension of the RSA algorithm still used in the web’s encryption.” 2008: Bitcoin is invented.?.

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3D Secure 2.0 and Magento: All You Need to Know to Keep Selling to EU Customers

Onilab User Guides

The final push that moved the initiative from talks to action was the introduction of the Payment Services Directive 2015/2366 version 2.0, PSD2 introduced a new security standard for online retail, SCA (Secure Customer Authentication). The deadline to integrate SCA pushes payment processors to build in 3DS2 support faster.

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