What's New in Payments

US consumers are making fewer online purchases on their mobile phones due to ‘cumbersome payment methods’

Forrester: Mobile shopping stalls as payment hinders growth — Mobile Marketer — “Cumbersome payment methods that require too many keystrokes at checkout are impeding the adoption of commerce on mobile, where conversion rates are about half that of desktop and laptop platforms… The percentage of online US sales made on mobile phones dipped from 43% in 2016 to 36% last year… During that same time, ecommerce grew by 14%.”







NFC World

100m NFC phones to ship in 2012

The number of NFC-enabled mobile devices shipped worldwide will more than double this year to nearly 100m, according to Forrester Research, but mainstream use of the technology “remains three to five years away in most countries”... More