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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 5.8

Popularity

Activity

Freshness

Megatrends

Patterns

6 Featured, 51 Examples: 99,436 Total Clicks

Date Range: Jul 13 - Nov 17

Trending: This Year and Average

Consumer Insight Topics: Business Lifestyle Retail Credit Crunch

Featured Examples

Computerized Payment Cards - 'Da Vinci Choice' is a Card with a Built-In Keyboard and Screen

SCORE 7.3

This Year and Warm 636 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]

Fare Payment Rings - The Moscow Metro is Introducing the PayRing as an Alternate Payment Method

SCORE 7.2

This Year and Warm 1,247 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]

Smiling Payment Systems - Alipay Uses Smile to Pay to Let KFC China Customers Pay With Smiles

SCORE 5.5

Warm 293 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]

Mobile Peer-to-Peer Payments - Paykey Lets You Transfer Money Through Your Phone's Keyboard

SCORE 5

This Year and Average 325 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]

AR Shopping Experiences - Mastercard's AR Experience Lets Customers Scan Their Eyes to Pay

SCORE 5.3

This Year and Warm 370 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

Untested 1,126 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]