According to the U.S. News & World Report, a 2022 report revealed that over 67% of college students own their own credit cards, and 9% have authorized access to someone else’s accounts. Moreover, around 53% plan to apply for a card in the near future. These numbers indicate that using credit cards is already very …
In the Nordics, smartphones have become more widespread than laptops. Owning a smartphone is changing even how Nordic consumers interact with banks, but they have also given life to new ways of payments. This has brought Nordic countries to the rise of mobile wallets, although mobile wallets are not a new phenomenon, in the last …
The idea of paying for products and services by using our mobile devices seemed like a scene straight out of a future movie not long ago, but more Internet users now are using their mobile devices to pay for an item or a service. Using a mobile device to pay from anywhere in a store …
A mobile wallet is a financial instrument that allows businesses and individuals to receive and send money via mobile devices. It is a type of e-commerce model that is developed with mobile devices owing to their convenience and easy access. A mobile wallet is also called mobile money or a mobile money transfer. Digital wallets refer …
The new digital era has witnessed a revolution in payments, transforming both how consumers make purchases as well as the opportunities available to retailers. In the same context, E-Wallets and other smartphone methods of payment are gaining market share year-over-year, but in all markets, card and bank transfers are still hugely popular. Read the below …
It’s no secret that in 2017 retailers are facing an increasingly challenging marketplace, it’s one of the most competitive environments in decades with the continuing shift in customer preferences towards online shopping, an unforgiving global marketplace that demands unprecedented technological sophistication some retailers are being confronted with threats to their very existence, new kinds of …