| | | Dear Subscriber, The number of consumers using a mobile device, including a smartphone and a tablet, to make payments has tripled in the last year, according to a new study from Visa. In our lead story, we take a closer look at the data.
Elsewhere in the newsletter, Alipay selects its first UK mobile partner, Nationwide sends a contactless card into space and a guest post from ONPEX CEO looks at the exponential growth of e-commerce, explosion of payment technology and barriers that need to be overcome.
| | The number of consumers using a mobile device, including a smartphone and a tablet, to make payments has tripled in the last year, according to a new study from Visa. | | | The exponential growth of online commerce and the corresponding explosion of payment technology have led to a fragmented market, making way for development of solutions for every need on the global market. However, while this evolution makes for a sophisticated payment ecosystem, there are still several barriers to overcome, says Christoph Tutsch, founder and CEO of ONPEX. | | | Nationwide has carried out a contactless payment transaction 100,000 feet above the earth in extremely cold conditions. | | | Alipay, the mobile payment platform run by Ant Financial Services Group, has partnered with Zapper, the consumer insights and marketing platform which is enabled by mobile payments. | | | | |