Bai Tushum patrons can now make quick and safe contactless payments through their phone via the bank’s BTB PAY application.
Pri-Num’s deployment of Apple Pay makes InecoBank become one of the first banks in Armenia to implement Apple Pay.
Superapps are grabbing a growing share of our connected lives. Banks must take action in order to remain central to their customers.
Summary – Adoption of contactless payments is accelerating.
Issuers, acquirers and merchants must prepare for contactless payments options in order to get the benefits.
Mobile payment in transport: Fast, convenient and cheaper
The integration of digital payment in mobile apps has majorly fueled the growth of digital transactions. Smartphones have changed the way people network, bank, shop and make any payments. It’s expected that the mobile payment market will grow at an annual rate of 33%, and by 2026, it will hit the $457 billion mark, as […]
Many contactless payment options are powered by two major proximity payment technology; QR Codes and NFC/HCE.
Below are how these two different payment technologies stack up:
Enhance Safety or How contactless payments could slow down spread of COVID 19 Virus
Pri-Num offers a solution that allows a smartphone with NFC on OS Android to accept payments made with contactless cards and digital wallets.
Mobile wallets are often compared to physical wallets for one main reason: both perform basically the same function, which is the storage of payment means information like credit and debit cards, coupons and reward cards, tickets. Nevertheless, physical wallets are more unsafe than you might think.