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The Latest Mobile Payment Technologies and Trends in Various Sectors The world constantly evolves with eCommerce and other technology continuing to develop online. However, as online technology becomes more efficient users are looking for more streamlined payment methods. Luckily, various mobile payment trends ensure it’s easy to make and accept payments whether it’s through an intractable PDF QR code or an online payment system. Emerging Payment Trends Many payment trends emerged in 2023, and we don’t expect them to stop anytime soon. Below are four significant ways people started making and accepting payments. Multiple Payment Methods on eCommerce Platforms On eCommerce platforms the trend is to list many different payment methods and while many sites generally stick to card payments from Visa and Mastercard that’s starting to change. With businesses shifting to online sales the global market becomes available, however, other countries like New Zealand have other payment methods. Adding local payment methods is one way to ensure a potential customer doesn’t close the site due to difficulty paying and if you have all the global payment methods available you can be sure that customers worldwide will have something they’re used to even those in New Zealand, the UK, Europe and other countries. Pay by Phone at Online Casinos The pay by phone bill method is another merging payment trend, especially at online casino sites. It’s what it sounds like: pay by phone casinos allowing players to charge their deposits to their local phone bill. It often means you don’t need to provide banking details to the online casino, and it’s highly secure. This method emerged a while ago but started picking up steam in 2023. Players were looking for a fast, secure, and effective way to deposit into their online casino accounts, and this method ticks all the boxes. It’s trendy in New Zealand, Australia, the UK, and the US. Apps like Boku and Payforit are the go-to for pay-by-phone payments in international countries like New Zealand. Digital Wallets In Everyday Purchases Even if you haven’t heard of the other trends, you might be familiar with this one. Digital wallets have become all the rage. These wallets negate the need to carry your credit or debit card in person. It offers less chance of someone stealing your purse and gaining access to your card. Instead, it saves a digital copy of your card on your mobile, and you tap the phone, not the card, when paying. It also means if you’re making online payments, then it’s easy access to your card details. You no longer have to find your wallet to add your card and CVV numbers. You can add the details directly from your phone. For eCommerce sites, there’s less time between the client adding items to their card and making payment. As such, there’s less time for them to change their mind.

QR Codes for Payments QR codes are another piece of emerging technology in many sectors. It can be used for various reasons in business, not just payments. You can link a PDF, digital flipbook, website, or other online resource to the code. However, one of the most prevalent uses is making payments. Online companies like Zapper, PayPal, Payoneer, and so on use QR codes as a payment method. These codes are multi-use, as you can print them and add a physical copy to your store or a digital form to your website for customers to use when making payments. It’s fast, effective, and low loading time, making it popular among consumers. Interactive Payment Links Another trending method is adding interactive payment links. Digital advertising campaigns have become one of the major marketing strategies to reach new customers. Say you send a promotional brochure via an email campaign or have a downloadable flipbook catalog on your website. Adding an interactive link to your profile at a payment processor, or even a link to your website’s payment page, can generate instant customers. As customers browse your services or products, they can instantly follow the link to the cart and payment page by clicking on the interactive link. It’s another way to ensure customers don’t change their minds due to having to jump through hoops to pay. How the Changing Mobile Payment Landscape Affects Users As our world becomes more online-driven, users want more access to instant payments. This mobile technology makes payments more accessible, as users generally carry their mobiles on their persons. You’ll find that 91% of all shoppers use their mobile to look up products and make purchases. This is the time to capitalize on the mobile eCommerce market, as most other software is also moving online. With PDFs, flipbooks, websites, catalogs, casinos, and other resources available through mobile phones, most consumers need more reasons to use their desktop or shop in person. Experience Faster and More Secure Payments The future of eCommerce, casinos, and online resources are faster and more secure payment methods. Customers want everything at their fingertips when shopping online. They don’t want to waste time clicking on various links and getting lost on a website. That’s why mobile payment methods are an excellent way to grab their attention and make your business stand out.

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