mobilepaymentstoday

How Mobile Payments Are Changing the Restaurant Industry

By Alex Barrotti, founder and CEO of TouchBistro Restaurants are diversifying the payment methods they accept. Cash, credit, and debit payments are almost universal across full-service restaurantsin the U.S., but restaurants are increasingly accepting digital walletslike Apple Pay, Google Pay, and Samsung Pay.

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Cashless Trend Becoming a Crisis Debate in UK, US

The rise in mobile payments technology and the related pressure being placed on legacy banking systems is threatening the financial stability of millions of people in the U.K. and the U.S., experts say, as bank branches and ATM’s begin to pull back from unprofitable areas and retailers increasingly move away from cash. A report in […]

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Mobile Coupons Drive Loyalty, Customer Engagement

Do you remember the last time you used a physical coupon? Chances are you probably don’t – and you likely won’t rush to go out of your way to use paper coupons any time soon. Consumers today value ease and convenience above everything else – and couponing is no exception.

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Mobile Coupons Drive Loyalty, Customer Engagement

Do you remember the last time you used a physical coupon? Chances are you probably don’t – and you likely won’t rush to go out of your way to use paper coupons any time soon. Consumers today value ease and convenience above everything else – and couponing is no exception.

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Trends Driving ePayables Innovation

When talking about trends in payments it’s natural to look at the consumer landscape to search for clues about what could be next in the world of epayables innovation.

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Legislators Move to Ban Cashless Payments at Retailers, Restaurants

The rising adoption of contactless payments in retail and the restaurant industry is igniting a backlash in multiple cities and states as the business payment model requires customers to use mobile apps, credit or debit cards and is increasingly eliminating cash payment as a consumer option.

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8 Mobile Payment Trends That Matter for 2019

What’s the future of the point of sale? We will see global, cross-channel, point of sale solutions integrated with the merchant back-office and financing options to reach scale. Globally, European open banking efforts will create the foundation of significant point of sale innovation.

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Swatch Rolls Out Contactless Payment Watches in Switzerland

Following a successful introduction in China, Swatch has launched four SwatchPay watches with contactless payment in Switzerland. The new line uses NFC technology, allowing the customer to hold the device underneath a contactless payment terminal to complete a transaction, according to a press release.

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3 Drivers Helping Bridge the Gap to a Cashless Society

Today, only 41 percent of Americans regularly carry cash, creating a demand for alternative payment methods and unlocking a world of potential for innovation in Fintech.

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Quicken, US Bank Launch Co-branded Mastercard With Mobile Payment, PFM Features

Quicken Inc. has launched a co-branded MasterCard with U.S. Bank, featuring contactless payment and which integrates directly with the company’s personal finance software and mobile app, according to a company release.

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Black Friday Mobile Shoppers Smash Previous Single-day Record

Consumers continued the push toward mobile shopping as data from Adobe Analytics reported more than $2.1 billion in sales from smartphones. The Black Friday performance blew away the prior record for of $1.4 billion in mobile sales from Cyber Monday 2017. Adobe reported that 33.

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Banks Versus Fintechs – Is It Still the Right Question?

If you can’t beat them, join them. The adage could be applied to the evolving relationship between banks and the fintechs that have become popular with consumers seeking an easy-to-use payment network.

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