Apple Pay Archives - Member Access Processing

Mobile payments grow requires changes

Improvements and innovations in mobile payment platforms have gotten a lot of attention lately, and adoption rates are steadily increasing.

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Mobile pay predicted to overtake cash by 2030

For many years, consumers have had three main options to choose from when they needed to make a purchase or payment: cash, check or debit or credit card. But recently, a fourth option is available to and adopted by increasingly more people: mobile pay.

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What makes a good credit union mobile banking app

In today’s world, consumers expect to be able to answer any question at the tap of their smartphone. Consumers want readily accessible Information at all times, regardless of location. This applies to most anything, not excluding financial information.

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Moble checkout conversion falls 3.1%

Many businesses have historically struggled with online and mobile payments. The difficulty with onboarding new payments technology has thus made shopper conversion between the cart and the checkout a unique business task to master. PYMNTS reported that its latest Checkout Conversion Index showed a 3.1 percent decrease of mobile conversion rates from the previous quarter.

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Mobile payments gaining momentum

Last year many businesses were told they needed to upgrade their payment terminals to accept EMV transactions. As the Oct. 1 deadline came nearer, few merchants had actually made the switch. According to BAI, as of January, fewer than 4 percent of businesses had upgraded. One potential reason a large number of retailers are taking their time to make the

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