article thumbnail

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?

article thumbnail

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. trillion worldwide.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

From Shelf to Screen: Retail’s Digital Revolution

365 Retail

Integration of Technology in Stores Physical stores are not left behind in this digital revolution. Many are integrating technology to enhance the customer experience. Mobile Payments and Checkout-Free Shopping The way we pay for goods is also changing. Mobile payment systems make transactions quicker and more secure.

article thumbnail

Crypto Payments Adoption in FinTech: How Do Retailers Fit in?

Retail TouchPoints

The ideal of course is a unified payment experience that will not only connect all the available cryptocurrencies but also won’t present any additional obstacle to customers. Get ready for a technology retouch. Sesie Bonsi is the CEO and Founder of the secure touchless payment solution Bleu.

article thumbnail

The Cybersecurity Impact of PCI DSS 4.0

Retail TouchPoints

Today, it seems cash is a thing of the past, with most shoppers leaning on credit cards or even mobile payment to complete transactions for both physical and online shopping. While PCI DSS 4.0 Changing Tides of PCI DSS 4.0

article thumbnail

Payment as a Key Success Factor: Beyond Just Transactions

365 Retail

Flashback to 1994: databases and ERP systems, first commercial websites, mobile phones with colour displays, CD-ROMs, Java as a programming language or the new Windows 95 operating system with a GUI were all highly topical technologies that also kept the companies at EuroCIS busy. And mobile payment by smartphone is also picking up.

article thumbnail

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. Retailers should undertake a thorough evaluation process to make these decisions.