Mobile payments experienced a strong adoption in 2017, reaching a total revenue of $780 billion in the global payment market. However, despite their increasing popularity, there are still some common misconceptions that need to be debunked.
After the incredible performance of digital payments on Black Friday, many experts predicted that Cyber Monday will be the single largest shopping day in the history of online sales. But did the predictions become a reality?
Online payments played a key role in the record-setting Black Friday sales this year. Now that things are going back to normal, let’s take a look at the aftermath of the early Christmas shopping right after Thanksgiving.
With the constant use of smartphones in our daily activities, mobile payments are becoming one of the hottest trends worldwide. Check out how they improve customer experience and increase their engagement with your brand.