Tag: Customer experience

Apple Pay Growth Hints at the Future of Digital Wallets

As an avid Apple Pay user, I read with interest a recent Quartz article on the worldwide growth of this digital wallet. According to the article, Apple Pay is on pace to account for 10% of all global card transactions; Apple Pay currently accounts for 5% of global card transactions and that number will double…
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February 12, 2020 0

The Use of Wearables to Make Payments Is on the Rise, New Mastercard Report Finds

While we were busy giving thanks here in the U.S. last week, Mastercard Europe was busy publishing some interesting data about peoples’ use of wearable technology to make payments. According to the press release, the use of wearables to make payments has increased eightfold since last year.  That’s an impressive number. Granted, wearable payments was (and…
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December 4, 2019 0

The Way We Will Pay in the Future – Top 5 Benefits of a Cashless Society for Small Businesses!

1. Added security Almost one-third of consumers and business owners agree that new technology will lead to safer payments with 31% of business owners admitting they feel safer using new payment tech, as it means they have less cash on their premises.  “To the consumer, the main demands of any payment process are that it…
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March 14, 2019 0

Community bank launches digital account targeting the unbanked

Axiom Bank in Orlando, Fla., has launched an all-digital account it says is designed for the underbanked and unbanked. AxiomGo is a paperless checking account for customers who want an alternative to prepaid cards and traditional checking, the community bank said. Axiom partnered with the fintech firm Malauzai to design and deploy a mobile app…
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March 22, 2018 0