News
Facebook Introduces “Facebook Pay” to United States Users
Facebook announces the launch of Facebook Pay. The new payment method presents part of Facebook’s efforts to make eCommerce more convenient for users and significantly easier for small businesses, “a convenient, secure, and consistent payment experience” across its platforms. Facebook states in a blog post on Tuesday, that the new service, called Facebook Pay, will …
News
Facebook Cryptocurrency Unveiled, As “Libra” Sets Sail in The Financial Markets
On Tuesday, Facebook announced their cryptocurrency duo projects coming in 2020: Libra, a cryptocurrency that will be governed by the Libra Association, an “independent” consortium of 28 “founding members”. And Calibra, a Facebook subsidiary that will offer a digital wallet app for storing and sending Libra. The cryptocurrency, called Libra, will be a secure blockchain-based …
Researches
Mobile Payment Report, 2019 | PwC
Payment has evolved from the physical exchange of notes and coins, to writing checks, to transferring payment card details over the phone or the Internet. This evolution has involved a shift from the physical transference of tangible tokens of value to an exchange of information between parties. The emergence of e-commerce has further digitized the …
Indicators
Mobile Wallet Adopters Are Willing to Use Their Mobile Wallet Much More for Making Payments in Two Years’ Time With a Rate of 85%, 2018 | Paysafe
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 …
Researches
2018 Canadian Consumer Payment Study | TSYS
Needless to say that improving customer experience starts with monitoring the fast-changing technology landscape — and its impact on consumer behavior. For the 5th year in a row, TSYS has surveyed more than 1000 of Canadian consumers to track the most important trends in how they’re thinking, feeling and going about making offline and online …
Researches
2018 Global Payments Report: The Digital Wallet Opportunity Around the World | Braintree
Payments continues to be one of the brightest spots in the financial services universe, with a robust growth makes payments a dynamic sector for incumbents—and a draw for new competitors. Global expansion is a major driver for many online businesses, but that objective can often seem steep or even unattainable without the right tools and …
Researches
Black Friday 2018 Shopping Report | Periscope By McKinsey
A new poll conducted by Periscope on 2500 consumers from the US, UK, Germany and Canada to better understand changing consumer attitudes to Black Friday and explore how they plan to shop for the 2018 holiday season, what they intend to buy, how much they anticipate spending, and whether they’ll be heading in-store or online …
Researches
Global Payments Report, 2018 | Worldpay
Payments continues to be one of the brightest spots in the financial services universe, propelled by continuing technological advances, and expanding digital and noncash mechanisms. Alternative payment methods are expanding to meet the needs of consumers online, led by eWallets and bank transfers. But cash remains the leading payment method at the point of sale. …