In The News : Category Archives : Secure Online Payment Gateway

Government officials in Canada and the U.S. have taken notice of emerging mobile technology trends and listened to consumers’ concerns regarding the security of using smartphones and tablets for banking and shopping.

It was recently announced at the Smart Card Alliance NFC Solutions Summit 2012 that near field communication technology (NFC), and therefore mobile payment capabilities, are on the way to mass market adoption.

A recent study by eDigitalResearch revealed that consumers need to become familiar with mobile payments and near field communication (NFC) technology if the trend is going to take off.

A recent report by PayPal revealed an uptick in mobile payments by Singaporean consumers.

It’s predicted that mobile payments will take off in the next few years as consumers adopt smartphones capable of completing remote transactions and merchants invest in new payment processing terminals.

The recent uptick in ecommerce sales might be owed to consumer investments in mobile devices that allow them to shop anytime, anywhere.

The Canadian retail sector has been a late adopter of ecommerce and questions are being raised as to why the country, which has a population of heavy internet users, has been lagging behind its neighboring markets, reports Macleans.

The Global Payments breach that was said to have affected nearly 1.5 million cardholders might actually be worse than expected.

The payments industry has already encountered and overcome a number of obstacles standing in the way of widespread use of mobile transactions.

Security is top-of-mind for retailers when they accept credit payments for online or in-store purchases.