Adobe Digital Index says that online stores that enable digital wallet payment options are likely to experience a higher conversion rate, with customers 10% more likely to check out when a mobile wallet option is available.
Ebay’s long history in E-Commerce (its Sept. 1995 launch made it one of the very first E-Commerce companies to launch, although Amazon’s July 1994 launch beat it by more than a year) has always been about consumer-to-consumer purchases.
Consumer fears about beacons and privacy will evaporate as beacons become part of everyday life, panelists said at the M1 Summit conference in San Francisco on Thursday (Nov. 13), according to VentureBeat.
“When the going gets tough, the weird go pro.” Hunter S. Thompson “Gonzo journalist” Hunter Thompson sure captured the week in payments with that sentiment. Sometimes, it’s an absolute banner week in payments news.
While the recently launched mobile payment method Apple Pay has stirred up a lot of conversation on a potential takeoff of mobile payments, there is still one major thing that the program fails to take advantage of, says FIS Global.
Not only can Apple Pay users utilize the service in-store, they can now begin to start paying for parking as well as rent. SpotHero, a Chicago based startup recently updated its mobile app to support Apple Pay.
When is the sum of the parts in payments greater than the whole? When it involves an acquisition that enables two companies with similarly aligned visions to “step on the gas pedal” and fast forward to an integrated payments future.
Markus Straussfeld, head of international cash management at UniCredit (an Italian bank focusing on cross-border payments), argues that the latest moved forward by the Single Euro Payments Area (SEPA) will “provide companies with a wealth of...