April 27, 2017
Mobile Commerce, Payments & Banking: 7 Key Facts
Nowadays, it has become breathtakingly easy and convenient to buy something. Whereas, not too long ago, you needed to physically visit a store and until recently, the only thing you needed to shop was a desktop PC with internet connection. Now you can simply reach into your pocket and purchase pretty much anything from anywhere in the world. Because of...
January 3, 2017
Malaysia Presents Massive Opportunities for Payments Operators and Retailers
With improvements in card security, strong interest in e-commerce and above 100 per cent mobile phone penetration, the Malaysian payments market is ready to go for rapid development. It can be easy to overlook the Malaysian payments market among its Asia Pacific neighbours. However, the rate of financial inclusion and smartphone penetration are much higher here than in countries like Indonesia and...
July 8, 2016
Why Alipay Will Be a Popular Payment Method in Europe
A further step towards cashless payments: Chinese tourists can now pay with their Alipay Wallet across Europe and outside China Europe is the most popular travel destination for Chinese tourists: In 2013, approximately 1.7 million Chinese tourists visited Germany. In 2014, there were even approximately 2 million tourists visiting from China and the number is on the rise. Shopping is...
February 1, 2016
This Video shows how Consumers will be Guided by Smartphones in the Future
The customer journey will play an increasingly important role for retailers if they want to be successful in the future. This video shows how this journey will work for consumers and retailers In the future, shopping will be very different as it is today. Retailers will be able to draw attention to their services through digital touch points. For example,...
January 8, 2016
Part 1 of our “Simply Uncomplicated” Series: What exactly are FinTechs?
FinTechs are enjoying global success. But what exactly are financial technology companies? The term “FinTech” is derived from digitisation in the financial sector. FinTechs are companies that offer solutions in the area of technological financial services, which includes issues like payment, banking, alternative payment methods, factoring, credit, finance management (PFM), API banking, saving, peer-2-peer lending and insurance. Applications include everyday...
December 10, 2015
Omnichannel Trends 2015: Mobile is The New Retail Hub
As research shows, more and more shoppers are using their smartphone to check the availability of products and look for stores nearby According to the eMarketer Omnichannel Trends 2015, mobile is the new retail hub. The first part of the research looks at the ways in which U.S. smartphone owners plan to use their mobile device while holiday shopping. First...
November 26, 2015
How Mobile Purchases are Proving to be Beneficial for Many Retailers
M-commerce is changing the way customers shop, both online and in stores. That’s good news for retailers Data doesn’t lie: More and more customers landing on e-commerce sites are getting there via smartphones and tablets. In the third quarter of 2015, about 50 percent of e-commerce traffic came from mobile devices, while in the first quarter of 2014 that number...
November 12, 2015
Mobile Banking’s Biggest Missed Opportunity is to Offer Specific Solutions for SMBs
Mobile banking is underserving one key demographic: small and medium businesses. Here’s why SMBs are an untapped opportunity. Small and medium-sized businesses are often called the backbone of the economy, and for good reason: They represent 99% of all businesses in the EU, equally in the U.S. In the past five years, they have created around 85% of new jobs...
November 12, 2015
Retail Revolution: How Merchants are Gearing Up for the Future by Using Mobile Couponing
Customised smartphone vouchers for customers entering the shop – just one of the many benefits Smartphones represent a major challenge for German retail. The “showrooming” trend is impacting on many merchants: consumers are increasingly looking around shops only to buy the products from another supplier online. If retailers intend to keep pace with the e-commerce boom, they will have to...