Remove Contactless Payments Remove Mobile Banking Remove Online and Mobile Banking
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One Third of UK Adults Now Use Mobile Contactless Payments

Fintech Finance

Key figures for 2023 The total number of payments made in the UK increased by five per cent to 48.1 Anecdotal evidence suggests that this trend is caused by increased numbers of shopping trips, the transition to hybrid working, the use of multiple bank accounts, and the increased use of Buy Now Pay Later (BNPL) services. billion).

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Digital Payments: 12 Digital Payment Options to Consider Accepting in Your Business

Stax

We can hail a ride from a mobile app, and our transactions for all sorts of goods and services can be easily paid for from our phones. Physical wallets are phasing out, left behind in favor of digital wallets and other digital payment options. For merchants, digital payment methods include the ways in which payments are accepted.

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What is NFC Mobile Payment and How to Use It?

Payment Savvy

Let’s dive into the subtleties of the smoothest payment process and find out everything about NFC mobile payments, including what they are, how they work, and how to use them. What are NFC Mobile Payments? NFC payments add immense convenience for today’s busy customers. How Do NFC Mobile Payments Work?

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Kroger Introduces Contactless Mobile Pay At QFC Stores

PYMNTS

Grocery chain Kroger is rolling out a new contactless pay solution at its Quality Food Centers (QFC) locations, according to a press release. The pilot will be introduced in the Seattle, Washington area, the company said, and will let customers use their mobile phones to pay in a seamless manner.

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Helping Small FIs Make Banking Services As Seamless As Taking An Uber

PYMNTS

To regain some of that ground, Connie Davis, senior vice president at FIS , told PYMNTS in a recent interview, FIs — particularly credit unions (CUs) and community banks — must transform the way they think about digital offerings and connected experiences. That means they can compete more effectively against digital-only competitors.

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CUs Use AI, Cloud-Based Tools To Drive Member Engagement

PYMNTS

Consumers’ migration to using contactless payment methods more often for their speed and convenience was only accelerated during the onset of the pandemic last year. It is easy to see why contactless payments are growing in a time of social distancing and touchless safeguards to prevent spreading the virus.

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Mobile Banking’s Authentication Game-Changer

PYMNTS

The way we bank is changing in the age of COVID-19. And as Entersekt Senior Vice President of Product Christian Ali told PYMNTS in a recent interview, the means by which banks authenticate their suddenly digital users must change, too. It’s social engineering at its worst, affirmed Ali.