Author: Awepay Cryptocurrency created quite the buzz this past year. Although the technology has been around for a few years, 2017 was the year it really took off. Bitcoin, the first application of cryptocurrency technology, hit $20,000 a coin, while coins like Ethereum also saw their prices increase. However, the
Author : Awepay Will you literally be paying for goods with a smile in the future? The idea of paying on a mobile device once seemed like a scene straight out of “Back to the Future,” but more Americans now own mobile devices than do not. Using a mobile device
Author: Awepay Mobile wallets provide many benefits to consumers, and payment experts believe mobile payments will hold a significant position in the payments ecosystem once the dust settles from the EMV shift. Integration of loyalty programs One of the big draws of mobile wallets is the number of secondary features
Author: Awepay The concept of mobile payment has increased over the past couple of years, and with it has the need for decent levels of security. Last month the PCI council announced the development of a new standard for software-based PIN entry on commercial off the shelf (COTS) devices. The
Author: Awepay When customers come to the register to pay for their meal or purchases, many can now simply hold up their mobile phones instead of handing over dollar bills or pulling out a credit card. Since mobile payment programs are relatively inexpensive and don’t require sophisticated technical knowledge to
( #Awepay #PaymentGateway ) The best part of business is getting paid, but getting paid isn’t always as easy or simple as it should be. In addition to figuring out the logistics of how to get paid, you may have to pay multiple vendors different payment processing fees. Those fees
Author: Awepay It’s anticipated that there will be more than 4.8 billion individuals using a mobile phone by the end of 2016. A recent report noted that 39 percent of all mobile users in the U.S. had made a mobile payment in 2015. This is up from 14 percent in
The digital wallet revolution has not have lived up to its expectations — yet. According to Gallup, just 13 percent of smartphone owners have a digital wallet app, while the majority of those who do have an app (76 percent), rarely use it.That may be disheartening for those
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Chinas move to limit the lightly regulated world of Internet payments, an initiative that many critics warn could stifle development in one of the most innovative sectors of the economy. The new rules are supposed to curb online payment services—limiting fund transfers, capping the daily transaction size and increasing the
