Tag: transactions

Impact Lab > transactions
Analysis, Business, Latest Trend, mobile technology, Money Talk, Science & Technology News

Mobile payments in the U.S. will triple in 2016

VeroPay App

One in 5 smartphone uses will mobile payments by 2016.

2016 will be a year of significant growth in technology. The number of people in the US using their phones to pay for goods and services at the point of sale will continue to climb steadily. According to the latest proximity mobile payments forecast from eMarketer, the total value of mobile payment transactions in the US will grow 210% in 2016, according to the latest proximity mobile payments forecast from eMarketer.

Continue reading… “Mobile payments in the U.S. will triple in 2016”

Analysis, Business, Latest Trend, Science & Technology News

World’s first bitcoin ATM gets 348 transactions in first 8 days

The world’s first ever permanent bitcoin ATM.

The first Bitcoin ATM in North America made a lot of hoopla when it went live in a Vancouver coffee shop last week. The ATM trades cash for Bitcoins. How many people actually used it?  Here are some of the numbers:

 

 

 

Continue reading… “World’s first bitcoin ATM gets 348 transactions in first 8 days”

Analysis, Breakthrough Thinking, Current Events, Economy, Latest News

Dwolla drops fees for transactions under $10 in prelude to larger announcement

dwollalogo

Dwolla is forever changing the way credit cards are transacted.

Online and mobile payment service Dwolla has announced that all transactions under $10 will have no fee from now on. This is of course great news for small businesses and merchants whose average transaction is below that. Anything above still carries the flat $0.25 fee…

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Analysis, Business, Economy, Money Talk

The Great Bank & Credit Card Backlash

Credit-Card-Backlash-782

The smell of corruption is offending more than few nostrils

Futurist Thomas Frey:  Recent attempts by Congress and the Federal Reserve Board to curb the excessive fees being charged by credit cards, banks, and finance companies have resulted in a punitive industry response with interest rates and fees climbing in almost every category. This action has resulted in nothing short of a full-scale revolt by a victimized-feeling public.

 

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