Category
Tech
Automated Upkeep
3.8
Trend score
Trend
What is the Instantaneous Transaction trend?
Instantaneous Transaction: Looking to be able to transfer, deposit and spend money at the drop of a hat, consumers are turning to innovative, convenient methods of managing their money. Businesses paying attention to this epic transition are developing technology for tablets, smartphones and accessories to improve the ease of transaction processing.
Trend themes
Themes within the Instantaneous Transaction trend
Three behaviours holding the trend together01
On-the-go Payment Methods
Consumers are looking for convenient, easier and faster ways to make transactions when required.
02
Instantaneous Cash Access
Customers are interested in financial services that provide them with instant cash without any complicated procedures.
03
Mobile Banking Solutions
Virtual/mobile banking solutions that eliminate the need for physical bank branches are becoming more common.
Industry implications
What the Instantaneous Transaction trend means for industry
Where the trend changes the playbookFor
Fintech Industry
Advancement in trends that enhance customer experience through payment methods is a promising area for Fintech Industry
For
Mobile Applications Development
Developers experienced in creating payment apps are highly sought after in the industry due to the rise in demand for mobile payment solutions.
For
Financial Services Providers
Companies that offer innovative and easily accessible financial services stand to gain a competitive advantage.
Trend signals
Trend signals for Instantaneous Transaction
Trend score 3.8 out of 10, from popularity 65%, activity 41%, freshness 8%.
Popularity65%
Activity41%
Freshness8%
Audience
50%Men
50%Women
- Gen Alpha (not a primary audience)
- Gen Z
- Millennial
- Gen X
- Boomer
Market
North America
Europe
Asia-Pacific
Evidence
Examples of the Instantaneous Transaction trend
7 featured examples from Nov 30, 2011 to Feb 24, 2013CategoryTech
Credit Card Timepieces
LAKS Watch2Pay System Allows for Contactless Payments
The watch industry creates a valuable opportunity for the fashion industry to collaborate and create unique, stylish, and functional wearable payment options.
CategoryBusiness
Cheque Depositing Mobile Banks
The GoBank Platform Eliminates All Traditional Banking Practices
The banking industry is being disrupted by virtual banking platforms like GoBank that offer a seamless banking experience without physical bank branches.
CategoryUnique
Touchscreen Credit Cards
The MasterCard Display Card Allows People to Create One-Time Passwords
The financial services industry will benefit from increased security and additional features with the rise of touchscreen credit cards.
CategoryTech
Mini Mobile Payment Devices
'PayPal Here' Allows Easy Transactions for Small Businesses
PayPal Here and similar mobile payment solutions have great potential for disrupting the small business industry by making financial transactions easier and more accessible.
CategoryTech
Phone-Tapping Payments
Bump Pay Allows You to Transfer Money to a Friend with a Tap of the Phones
Bump Pay's tap-to-transfer technology presents a disruptive innovation opportunity in the mobile banking industry.
CategoryTech
Precise Payment Phone Applications
What Should I Tip? is an Intelligent Tip Calculator App
The growth of personalized tip calculator apps creates opportunities for mobile app developers to design and build advanced software solutions for users' tipping needs.
CategoryTech
Instant Cash Access
Dwolla Instant Provides Customers With $500 for Immediate Use
Fintech companies will explore more opportunities to provide users with instant cash access for a small fee.
