Chase Pay Mobile Payment Solution Shows No Innovation
More and more mobile payment solutions are making their way into the hands of customers all over the world. While there is growing demand for mobile payment solutions, not all of these projects are received with tons of enthusiasm. Chase’s mobile solution serves as a digital wallet that requires customers to scan a QR code. By the look of things, someone has been paying close attention to Bitcoin. Most new mobile payment solutions offer something the world has not seen before, whether it is magnetic or contactless payment options. In the case of Chase Pay, however, it looks like there has....
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Mobile wallets are the hot trend these days, but there is still no killer app for this type of digital innovation. Reward schemes may not be the way to go, as they are far too expensive and may not be worth the effort. When consumers use a digital wallet, they usually do so out of convenience. Rather than dealing with cash or even plastic cards,....
The mobile payment sector is heating up, as every company and financial institution are scrambling to launch their platform in the near future. Over in Australia, it will not be smooth sailing for Apple Pay by any means, as the country’s major banks continue to boycott the popular mobile payment solution. NAB was among the first to launch their own mobile app, and now ANZ Mobile Pay is here as well. Bitcoin, on the other hand, is creating a far less fractured payment ecosystem around the world. Apple Pay Battle in Australia Becomes A Lot Harder. Even when consumers might be preferring to....
Even though plenty of consumers are looking forward to using new and innovative mobile payment solutions, there are still a lot of security issues that need to be addressed. A recent study conducted by Ponemon Institute shows how mobile transactions lack proper security measures to keep payment data safe. As a result, there is a huge lack of confidence by both consumers and businesses. Bitcoin, on the other hand, has no issues securing mobile payments and is available for consumers all over the world.