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QR Codes Enjoy A Renaissance In A Post-COVID World

PYMNTS

For example, PayPal introduced QR codes in May to 28 markets worldwide, with transaction fees waived for QR code sales. “We And as we recently noted , the overall contactless payment market is expected to hit $4.68 trillion by 2027, according to a recent report by Grand View Research.

Apple 293
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Shift4 Introduces Contactless QR Pay Tech

PYMNTS

“We developed QR Pay to provide a completely touchless payment experience that’s secure, safe, and convenient.”. The overall contactless payment market is expected to hit $4.68 trillion by 2027, according to a recent report by Grand View Research. QR code-based payments already are routine in China.

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AI/BOTS: Artificial Intelligence’s Impact On Jobs

PYMNTS

As more chatbots enter the enterprise arena, as well as the retail industry, for customer service needs, this concept has morphed from fantasy into reality. Earlier this year at the National Retail Federation’s Big Show, the hot topic of debate was how chatbots can be beneficial to consumers if implemented in the correct way.

Retail 121
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Can Mobile Solve A City’s Transit Payment Challenges?

PYMNTS

This risk is even greater now that the pandemic has upended normal shopping behaviors, driving an increasing number of consumers online to shop and pay, with retailers having experienced a 14.8 The pandemic is driving consumers online to shop and pay, and expansion of the payment gateway market shows no signs of slowing.

Mobile 181
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ATMs Are Ahead Of Their Time — Again

PYMNTS

And while some imagined there’d be banks on Mars by 2020, few guessed that dull ATMs would one day reinvent retail banking. It helps explain why the value of the ATM market was $18.44 ITMs also saves time for human tellers, freeing them up to market to walk-ins. Interactive Teller Machines March On.

ATM 165
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Are Mobile Payments Finally Ready To Ignite In Japan?

PYMNTS

It’s the market that should ignite but stubbornly refuses to. Included in Japan’s cashless by 2027 plan is doubling the ratio of card and e-money transactions from there within the next eight years in the eventual hopes of building what Prime Minister Shinzo Abe has called a “$1tn-plus cashless market.”.

Mobile 154
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Deep Dive: Using Payments Orchestration To Power International Growth

PYMNTS

The cross-border eCommerce market presents a massive growth opportunity for businesses looking to expand, as eCommerce sales are expected to reach $18.9 trillion by 2027, and more than half of all eCommerce shoppers buy from merchants abroad. The ongoing pandemic is fueling this demand for digital commerce options.

Payments 162