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Pay by Phone (UPDATE)

The rise of mobile money via smartphone apps & tools

Implications - Digital currency has been steadily gaining ground among consumers, with an increasing number of people using their smartphones to purchase products and services. There are now a variety of apps and tools created specifically for on-the-go phone payment, ranging from portable card-swiping systems to instant tapping and scanning applications. For time-pressed consumers, these phone payment tools provide a quick and convenient way to buy; for brands, it secures the customer faster by eliminating hassle (and time to reconsider the purchase).
Trend Themes
1. Mobile Payment Apps - The rise of mobile payment apps has created a new way for customers to pay for products and services quickly and conveniently from their smartphones.
2. Contactless Payment Methods - The advancement and development of more contactless payment methods, such as QR codes, tapping, and scanning, provide more secure and efficient ways for consumers to pay for products and services.
3. Voice-activated Payments - Voice-activated payments and transactions enabled through mobile payment apps have made payment processes much more seamless and efficient for consumers.
Industry Implications
1. Mobile Banking - Mobile payment apps and contactless payment methods have disrupted traditional banking systems and provided customers with more accessible and convenient payment options.
2. E-commerce - Online purchasing and shopping have become more seamless with mobile payment apps and contactless payment methods.
3. Retail - Brick-and-mortar stores and retail businesses have implemented contactless payment technologies for quicker and more convenient payment processes, improving the overall customer experience.
3.6
Score
Popularity
Activity
Freshness
Patterns
Megatrends
8 Featured, 64 Examples:
512,932 Total Clicks
Date Range:
May 11 — Apr 12
Trending:
Mild
Consumer Insight Topics:

Featured Examples

Mobile Phone Billfolds
Mobile Phone Billfolds
Google Wallet Will Make your Purse and Bank Account Much Lighter
Perhaps you remember how quickly your funds disappeared after acquiring your first credit card, well I predict that the same phenomenon may occur when people begin using Google Wallet. The Android app… MORE
Mini Mobile Payment Devices
Mini Mobile Payment Devices
'PayPal Here' Allows Easy Transactions for Small Businesses
PayPal Here is yet another example of convenient and easy-to-use technology that targets small businesses and entrepreneurs. It is a brand-spanking-new service that allows people to complete... MORE
play_circle_filled Credit Card Apps
Credit Card Apps
The Visa Digital Wallet Revolutionizes Online Purchases
The Visa Digital Wallet is set to revolutionize everything you know about online and everyday purchases. No longer will you have to carry around your credit card to buy things when you can make all your… MORE
play_circle_filled Plastic Scanning Apps
Plastic Scanning Apps
The Card-io App Takes the Hassle Out Of Paying With a Credit Card
The card-io app makes paying with your credit card -- regardless of where you are -- a simplified process. The app takes a photo of your credit, captures the numbers and delivers the authorization while… MORE
Smartphone Purchasing Apps
Smartphone Purchasing Apps
QkR by MasterCard Simplifies the Shopping Experience
Standing in line to purchase something will soon be a thing of the past, especially with the introduction of QkR by MasterCard. A smartphone purchasing app, it expedites monetary transactions by efficiently… MORE
Speedy QR Payment Apps
Speedy QR Payment Apps
Kuapay App Lets You Pay for Purchases From Your Smartphone
The Kuapay app is a brilliant new mobile payment solution that will have you in and out of the shop before you know it. The app lets you pick the products that you want and when you are done shopping the… MORE
Phone-Tapping Payments
Phone-Tapping Payments
Bump Pay Allows You to Transfer Money to a Friend with a Tap of the Phones
Now you can get paid or pay a friend back on the spot with this new feature called Bump Pay made for iPhones and Androids. Once a feature on an app, Bump is now stepping out to launch a standalone... MORE
Voice-Activated Payments
Voice-Activated Payments
The Square Card Case App Simplifies Mobile Transactions
The Square Card Case app is an ingenious concept that is sure to transform the mobile payments industry. The app allows users to make payments by simply stating their name when they are ready to make their… MORE

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