Experiential Pay

Enhancing user experiences, interactive payments add allure to everyday routine

Implications - As competition among retailers advances, interior aesthetics and product design just isn’t enough to gain consumer recognition, prompting a turn towards more engaging in-store experiences. Providing excitement without sacrificing productivity, retailers are turning to interactive payment options that encourage greater user involvement, enhancing routine credit transactions with heightened, individual touches. This illustrates a move towards more intimate, yet efficient methods of consumer interaction.
SCORE 7.2
Popularity
Activity
Freshness
Megatrends
Patterns
76,842 Total Clicks
Jul 13 - Nov 17
This Month and Average
BusinessLifestyleRetailCredit Crunch
Featured Examples
Fare Payment Rings - The Moscow Metro is Introducing the PayRing as an Alternate Payment Method
SCORE 8.6
This Quarter and V. Hot 912 Clicks Pub: Oct 5, 17
Fare Payment Rings
The Moscow Metro is Introducing the PayRing as an Alternate Payment Method
Though commuters in Moscow are currently able to use a Troika transport card to board the local subway system, PayRing is set to be introduced as a wearable alternative. The device will soon make... [More]
Computerized Payment Cards - 'Da Vinci Choice' is a Card with a Built-In Keyboard and Screen
SCORE 8.1
This Month and Hot 176 Clicks Pub: Nov 14, 17
Computerized Payment Cards
'Da Vinci Choice' is a Card with a Built-In Keyboard and Screen
‘Da Vinci Choice’ is the name of a new payment card created by Simon Hewitt, the former chief security officer of one of the largest banking groups in Australia. Unlike many plastic... [More]
Mobile Peer-to-Peer Payments - Paykey Lets You Transfer Money Through Your Phone's Keyboard
SCORE 6.8
This Quarter and Warm 144 Clicks Pub: Oct 26, 17
Mobile Peer-to-Peer Payments
Paykey Lets You Transfer Money Through Your Phone's Keyboard
Mobile banking is an increasingly popular financial tool among the millennial demographic, which is why Paykey, a Tel Aviv-based startup is implementing a banking-friendly keyboard extension, which... [More]
Smiling Payment Systems - Alipay Uses Smile to Pay to Let KFC China Customers Pay With Smiles
SCORE 6.7
This Quarter and Warm 207 Clicks Pub: Sep 4, 17
Smiling Payment Systems
Alipay Uses Smile to Pay to Let KFC China Customers Pay With Smiles
As artificially intelligent systems continue to improve, Alipay is looking to capitalize for KFC China customers. The massive online retailer’s payment system has recently enabled payments... [More]
AR Shopping Experiences - Mastercard's AR Experience Lets Customers Scan Their Eyes to Pay
SCORE 6.6
This Quarter and Warm 150 Clicks Pub: Oct 24, 17
AR Shopping Experiences
Mastercard's AR Experience Lets Customers Scan Their Eyes to Pay
Mastercard, ODG and Qualcomm recently unveiled a forward-thinking AR experience for the retail environment that involves a pair of smart glasses, photorealistic overlays and eye-scanning payment... [More]
Biometric Buying Systems - This New Payment System Lets You Buy Things with Your Face
SCORE 2.5
Mild 1,068 Clicks Pub: Jul 24, 13
Biometric Buying Systems
This New Payment System Lets You Buy Things with Your Face
A new payment system uses facial recognition software to let customers pay for their purchases without the use of cash, credit cards or even SmartPhone apps. Finland-based Uniqul recently launched... [More]
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