article thumbnail

Mobile wallet use to soar in next five years, says survey

TalkingRetail

The use of mobile wallets to pay for transactions in stores will increase sharply within five years, according to a new survey. The survey by Juniper Research in partnership with technology firm Boku found that 75% of Europeans will use a digital wallet by 2025. A digital wallet (sometimes called an e-wallet) is a software.

Mobile 69
article thumbnail

Mobile Payment Trends: A Survey Of The iQmetrix Experts

iQmetrix

Where does one start to understand the mobile payment market? Lucky for me I’m in “the biz” so I figured starting with my co-workers was a good place to begin, so I sent 300+ colleagues an informal survey. See below for the results.

Insiders

Sign Up for our Newsletter

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

article thumbnail

Consumer Survey Roundup: Retailers Must Demonstrate Safety Measures To Woo Shoppers Back To Stores

Retail TouchPoints

Consumer Pulse Survey conducted during the first week of June. When the Centers for Disease Control and Prevention (CDC) surveyed more than 4,000 U.S. Consumers have developed new shopping habits during the shutdowns, most notably a greater reliance on e-Commerce, contactless pickup and delivery and mobile payment methods.

eCommerce 143
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. 4 Pros of Digital Wallets Some of the advantages of digital wallet payment options include: 1.

article thumbnail

Party City Plans Just 25 Halloween Pop-Ups For 2020

Retail TouchPoints

In addition to online shopping, Party City offers contactless shopping experiences at its stores through curbside pickup, same-day delivery and contactless mobile payments. While the association’s annual survey showed that fewer people will be celebrating, per-person spending will rise 7% to an average of $92.12.

article thumbnail

How To Leverage M-Commerce For Your Retail Business

RetailMinded

For example, retail businesses now integrate omnichannel strategies like M-commerce or mobile commerce to enable mobile shopping. Many consumers now rely on mobile devices to research products and services, make an order, and complete transactions. Accept Mobile Payments.

article thumbnail

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.