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How retailers can create a seamless mobile shopping experience
Mobile payments are not something new, yet many companies fall short on capitalizing on their use to better meet customer needs. While Google Wallet debuted in 2011, purchases through mobile were introduced more than a decade prior. In 1999, Ericsson and Telnor Mobile provided the opportunity to purchase movie tickets using your cell phone, which [...]
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Cross-border e-commerce in China to top $100 billion
A growing middle class in China with a high propensity to shop for foreign brands is helping to drive up spending on cross-border e-commerce goods, according to eMarketer’s forecast. Total cross-border e-commerce sales in China are expected to reach $100.17 billion by the end of 2017, with the average spend per cross-border digital buyer at [...]
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US banks launch RTP – real-time payments network
The Clearing House (TCH) has launched RTP, its real-time payments system, the first new core payments infrastructure in the US in more than 40 years. The new RTP system was designed and built through the collaborative effort of TCH’s 25 owner banks and meets the objectives of the Federal Reserve Faster Payments Task Force. RTP [...]
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Walmart Pay to surpass Apple Pay in US mobile payments
Wal-Mart Stores Walmart Pay app is close to surpassing Apple Pay in usage for mobile payments in the US, giving the world’s largest retailer even more clout as a growing number of people shop with their smartphones. Available in 4,774 stores, Walmart Pay is enrolling tens of thousands of new users a day, up from thousands [...]
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Bitcoin hard fork called off avoiding disruption in cryptocurrency
In recent months, the Bitcoin community has been in a bitter fight that escalated to an all-out war over the seemingly natural question of how to allow more transactions through the cryptocurrencies network. In May, two groups teamed up to force a compromise that would push past the stalemate but left out of a critical constituent [...]
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