Mobile Pay Archives - Member Access Processing

What to know about Generation Z

When tailoring services to a younger audience, many people might think about millennials and their unique preferences. But it’s important to look at the next generation of consumers as well.

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Brexit’s potential effect on payments

The days and weeks following the Brexit vote were packed with reports about what the ramifications of such a move would be. No country has left the European Union before, so Great Britain’s choice to do so was not only surprising, but concerning to many in industries impacted by it.

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Every credit union needs a mobile wallet

It’s crucial for credit unions to stay on top of trends and new technologies in order to continue to foster a healthy relationship with all of its members. Today’s consumers have high expectations for their financial institutions, and it’s very important for credit unions to deliver on these expectations.

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Visa Introduces Digital Commerce App to Grow Mobile Capabilities of U.S. Financial Institutions

Today, Visa Inc. (NYSE:V) introduced the Visa Digital Commerce App, an issuer-branded mobile commerce solution that enables financial institutions to offer their own mobile app to customers with valuable card management services – ultimately expanding and strengthening their Visa credit, debit and prepaid card offerings.

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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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Credit unions should make mobile payments easier

Consumer trends are always changing, and it’s crucial that businesses and other organizations be updated on the latest patterns to stay relevant. One consumer practice that is undergoing rapid change is the way people pay for goods and services.

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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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