Mastercard’s Mohamed Abdelsadek on contactless payments, technology and future threats Market trends related to COVID-19 have shifted the dynamics of retail payment security, both online and in-store.
Read MorePureWrist, a contactless-transaction technology provider, on Thursday debuted PureWrist Go, a reloadable flexible bracelet with an embedded EMV chip that allows consumers to make prepaid contactless transactions. PureWrist GO, which retails for $25, plus the amount preloaded on to device, is the flagship product on the PureWrist platform.
Read MoreThe coronavirus crisis has caused a surge in mobile and contactless payments, driving consumers to make fewer but larger purchases according to the 2020 Debit Issuer Study. The study, which was conducted by US-based electronic funds transfer (EFT) debit network PULSE, also identified a rise in account-to-account (A2A) debit payments.
Read MoreYou have read the headlines: contactless payments in the U.S. are skyrocketing, booming-insert your favorite hyperbole here-due to consumer concerns during the global pandemic about the hygiene of the point-of-sale (POS) terminal that every preceding individual has touched during checkout.
Read MoreMore evidence emerged Monday that, for all of its horrors, the coronavirus has been a boon for mobile wallets and for contactless payments generally. Wallets, which struggled to win consumer adoption in the United States even with backing from popular tech firms like Apple Inc.
Read MoreThe contactless payment landscape is one that has benefited from the growing health concerns across the globe, according to new analysis from global digital business transformation consultancy Publicis Sapient.
Read MoreFrom plastic cards to virtual cards – Nikki Waters of i2c reveals the influencing factors of the new payment behaviour, and how can banks and fintechs leverage NextGen technologies to bring out new contactless solutions to the market COVID-19 pandemic: payment behaviour During the novel Coronavirus pandemic’s height, several factors have driven con.
Read MoreWe’ve come a long way in the evolution of digital payments. Magnetic stripe cards, chip-and-PIN and contactless technology have all played a role in dethroning cash as “king of payments” with many countries well on their way to becoming cashless economies.
Read MoreIf contactless payments were oncea solution in search of a problem – as skeptics long maintained – their moment has finally arrived. Before the pandemic, it wasn’t much of a hassle for most U.S. shoppers to insert a physical card and type a few buttons on a terminal. Sure, some early tech adopters embraced Apple […]
Read MoreDiana Gamboa was in the middle of the busy tax preparation season when the COVID-19 outbreak forced her business, Diana’s Tax Services, into shutdown. As she contemplated a late April reopening, Gamboa knew she would need to change a few things.
Read MoreShoppers hate long checkout lines. A major pain point at brick-and-mortar stores is long lines at the checkout counter, which means people often opt to abandon their cart if the line to check out is too long.
Read MoreAs health officials around the globe seek to contain the novel coronavirus that causes COVID-19, economies and citizens remain unsettled.
Read More
