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[PMNTS.com] How The Pandemic Made QR Codes Sizzle

Check out this article from PMNTS.com on Pandemic’s catalytic impact on the QR code payment solution.   The full text follows:   How The Pandemic Made QR Codes Sizzle QR codes have become the star player on the digital payments stage in China and throughout Southeast Asia. Consumers and businesses are wholeheartedly embracing mobile wallets powered by QR …

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How Coronavirus Could Change the US Gift Card Landscape

The stay-at-home orders that have been issued in most US states amid the coronavirus pandemic have shuttered all but essential retailers, creating a disproportionate impact on small and local businesses. As a result, these businesses, and the payments providers that serve them, have looked for creative ways to help maintain cash flow and allow these …

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How Retailers And Payments Providers Are Changing To Help Consumers Shop Safely During The Coronavirus Pandemic

Firms are trying to minimize contact with others and shared surfaces to limit the spread of the coronavirus by altering the in-store payment process. MasterCard is pushing merchants to stop requiring signatures at checkout, which would eliminate the need to touch a shared surface. The card network reportedly sent a letter to banks requesting that they …

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2018 Trends for Mobile Payment in Chinese Outbound Tourism

In 2018, mobile payment in the Chinese outbound tourism market saw an increase in both the rate of use and the proportion of transactions. More than two-thirds (69%) of Chinese tourists paid with their mobile phones while abroad, up 4 percentage points from the previous year. On their most recent trips overseas, Chinese tourists surveyed …

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How Western Retailers Can Adapt to Chinese Consumers’ Love of Mobile Payments

Smartphones have revolutionized our lives more than almost any invention in the past 15 years. They’ve improved the way we receive our news, keep up with work and connect with friends and family. In China, smartphones have done all of the above. But unlike the U.S. and Europe, smartphones in China also opened the door …

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China Has A $1 Trillion Ecommerce Market – Here’s How Western Companies Miss Out On Their Share of Customers

Smartphones have revolutionized our lives more than almost any invention in the past 15 years. They’ve improved the way we receive our news, keep up with work and connect with friends and family. In China, smartphones have done all of the above. But unlike the U.S. and Europe, smartphones in China also opened the door …

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U.S. Tourism and Hospitality Stakeholders Embrace Chinese Mobile Payments

With over one billion users combined, two of the largest digital payment providers, Wechat Pay and Alipay, have finally launched their technology in the United States. Even though the cross-border payment method is new in this market, both Wechat Pay and Alipay have been growing rapidly in China and in other countries since they were …

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