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Tag archive: mobile payments

Millennials are the driving force behind mobile payments

The number of cashless payments increased by 52 percent between 2011 and 2015, with a total of 471 billion cashless payments worldwide in 2015. While the use of cash is decreasing, there is a momentum for mobile payments. According to Dutch bank ING almost half of the European mobile device owners bank by mobile, which […]

Ease of Payment for Users, Complexity for Retailers

In the past, a loaf of bread bought at a bakery would be paid for in cash physically collected from a bank. Those days are long gone. The internet now offers all consumers a wide variety of purchasing options. They can decide where and when they buy a product and how they wish to pay […]

The uprising of mobile payments

If you’re in a store to buy coffee or a book and you have the possibility to pay with cash, credit card or with your mobile phone, how would you make the transaction? Almost everyone has a smartphone in their pocket, but paying with it isn’t second nature yet. According to a recent survey from […]