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A recent Square survey cited by Business Insider found that 45% of millennial respondents (18-34) have made an NFC payment. According to Business Insider, the poll is a “good indicator” of where mobile payment adoption is headed, with the publication forecasting a compound annual growth rate (CAGR) of 80% through 2020 to reach $503 billion. […]
Today we are at the precipice of another exciting shift from physical to digital and beyond, with new technologies changing the very way we think about card- and account-based transactions. Card payments are transitioning from chip-and-PIN credit cards, to contactless mobile payments with biometric authentication, to in-app check-out with mixed payments and real-time redemption of loyalty. Account-to-account transactions are moving to real-time, with payments being processed in a matter of seconds versus days.
Amongst all the hype and bluster around mobile payments a fundamental question seems to be largely overlooked – why use mobile payments?
Why become a Token Service Provider (TSP) and manage your own token vault when launching a mobile wallet and integrate with Apple Pay and Samsung Pay?
In the UK we are approaching a key moment as transport operators make decisions on the adoption of NFC to improve the consumer experience NFC has tried to catch the attention of mobile technology users in a variety of ways; however, the solutions have tended to appear to be on occasion… well, more than a […]
Learn if mobile payment technology will ever become the definitive method of making a purchase.
Gain insight from the predictions of the Bell ID team on EMV and mobile payments in North America for 2014.
Learn what banks need to know when making the decision to take data preparation in-house or outsource to a perso. bureau.
Learn more on the predictions for near field communication (NFC) and mobile payments at Mobile World Congress in Barcelona.
Bell ID, the leader in the field of card/contactless/mobile and application lifecycle management and TrustNorway, the leader in Near Field Communication (NFC) services for mobile payments, loyalty and marketing applications in the Nordic/Baltic region, announce a global, technical and commercial partnership to provide integrated Trusted Service Manager (TSM) mobile solutions for NFC handsets. The combined […]