Visa and MasterCard both made significant moves in the digital payment markets this week. MasterCard introduced MasterPass, a digital service that allows customers to purchase items from wherever they are and with any mobile device. Consumers can use any payment … Continue reading
One-third of mobile consumers use smartphones or tablets for banking, up from 24 percent in 2011, according to a new report from Javelin Strategy & Research. To meet this demand, more than two-thirds of financial institutions now offer mobile banking through the … Continue reading
Mobile Apps Aim to Steer Consumer Credit Card Choices There are two new mobile apps which help cardholders select the best credit card to use at checkout. Wallaby Financial released a free app that helps iPhone users determine which card … Continue reading
Two new studies show how rapidly shopping habits are shifting to mobile devices. A Javelin Strategy & Research study reveals over $20.7 billion in sales took place on mobile devices last year. This includes both online and in-store shopping. The … Continue reading
Visa has significantly expanded its reach into the digital payment industry. Visa's digital wallet service, V.me, is adding more than 50 financial institutions, including PNC, U.S. Bank, BBVA/Compass and BB&T. This increases Visa's potential base of cardholders to 55 million. … Continue reading
Tablets and smartphones will be a very big part in this year's holiday shopping experience for both consumers and retailers. A recent Holiday Spending Survey by the National Retail Federation showed that consumers will use these devices for a variety … Continue reading