Mobile Commerce

Mastercard Digital Commerce Suite to Make Every Card ‘Token Ready’

Mastercard said Wednesday (Oct. 17) that it will enable tokenization services on all cards by 2020, as part of its Digital Commerce Solutions, a suite of offerings geared toward making online transactions speedier and more secure.

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Too Many Merchants Expect Consumers to Bear the Burden of Payment Change

Meeting customer demand for seamless payments can have a positive impact on merchants’ businesses. Research conducted by Strategy + Business, for example, highlights the business benefits of creating a seamless experience for customers – it can help generate repeat business for the service provider, avoiding friction that leads to abandonment.

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INFOGRAPHIC: Keeping Hold of the Slippery Digital Consumer 

The good news about modern digital customers, particularly younger ones, is their consistent willingness to try new things, such as new stores and new delivery experiences. Novelty has a good deal of power for consumers constantly connected to a wide variety of commerce channels.

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The Future of Payments Is Autonomous and Invisible

Autonomous payments is the future state of payments – and banks, merchants, and payment vendors need to prepare now. Venture funding in this arena already exceeds 28 billion.

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eBay Flips the Switch on Mediating Payments

eBay announced on Tuesday (Sept. 25) that it has started managing payments on its Marketplace platform in the U.S. In a press release, the company said that earlier this year, it announced plans to intermediate or manage the payments flow on its platform, and that it has now started doing that.

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Cashierless Checkout: Everything You Need to Know

Amazon Go may be stealing the spotlight, but it is far from alone in the rush to revolutionize in-store checkout through the use of sensors, scanners, mobile devices and more. The ultimate goal of these projects is to reduce lines and increase foot traffic, but they rely on a solid foundation of digital payments technology.

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The Forgotten Generation: Driving Digital Adoption With Older Customers

Often when we think of digital banking, we picture millennials glued to their smartphones. But with all this focus on millennials, are banks forgetting about their most loyal customers – the 50+ generation? Theodora Lau, founder of Unconventional Ventures, says yes – but with an understandable reason.

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Walmart’s Complex Payments a Crash Course for New Merchant Lobby Chief

Everything that touches the payments industry touches Walmart, giving former exec John Drechny a clear view of the rules, tools and trends that are challenging merchants to upgrade quickly to stay competitive.

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Today in Data: A Mobile Economy Is a Self-Determined Economy

Some things won’t ever change. The change of summer to fall will likely always send tens of millions of American families scrambling to load up on school supplies of a variety of descriptions.

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Consumers Have High Expectations of Their Digital Banking Apps

Consumers want banks to do more than just hold their money. They want their banks to help them meet their financial goals. In fact, a new consumer report by CSI shows that 83 of American consumers agree with that statement.

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Don’t Forget Baby Boomers in the Race to Go Digital

Digital transformation for banks has been all about targeting millennials, people born between 1981 to 1996, and the digital natives who are expected to drive the next generation of growth and profitability. In fact, organizations are spending 500 percent more on marketing to millennials than any other demographic group.

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Data: The New Pain Points of Mobile Commerce

Mobile e-commerce is growing fast, and online retail fraud levels are keeping pace with this expanded sales volume. One reason is an increase in digital goods available online-digital gift cards, subscriptions, downloadable software, entertainment and tickets.

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