PaymentsJournal
SUBSCRIBE
  • Analysts Coverage
  • Truth In Data
  • Podcasts
  • Videos
  • Industry Opinions
  • News
  • Resources
No Result
View All Result
PaymentsJournal
  • Analysts Coverage
  • Truth In Data
  • Podcasts
  • Videos
  • Industry Opinions
  • News
  • Resources
No Result
View All Result
PaymentsJournal
No Result
View All Result

Consumer Interest in Mobile Shopping Aids

Karen Augustine by Karen Augustine
October 12, 2017
in Analysts Coverage
0
Mobile payment, Cashless society concept. Hand holding smart phone with mobile payment on screen and NFC signals icons against abstract furniture mart background.

Mobile payment, Cashless society concept. Hand holding smart phone with mobile payment on screen and NFC signals icons against abstract furniture mart background.

1
SHARES
0
VIEWS
Share on FacebookShare on TwitterShare on LinkedIn

A recent article published in Payments Journal on October 5th discusses recent developments in Scan and Go technology, designed to improve the shopping and checkout experience for consumers, and suggesting that it is poised to become retail’s next disruptive technology.

“But now there’s a new generation of Scan and Go technology. One that replaces the handheld scanner with a simple app on consumers’ smartphones. In the more sophisticated mobile app versions of Scan and Go, shoppers scan items with their smartphones and then easily pay for their shopping in-app, removing the need to wait in line altogether. Growing numbers of consumers are willing to embrace technological innovations, and retailers are eager to find ways to improve buying experiences. ” 

Mercator Advisory Group’s CustomerMonitor Survey Series latest Payment survey conducted online in June 2017 by a panel of 3,000 U.S. adults shows that consumers are looking toward mobile device to support their shopping experiences. In fact, most smartphone owners use their mobile phones to shop for goods and services and 9 in 10 of them do so while shopping in stores including 1 in 4 who claim to have used this “scan and go” technology by using a mobile app to scan items in a store and purchase them without using the checkout terminal. While this figure seems surprisingly high given the limited implementation of this technology at the time of the survey, it does point to consumers’ high interest in the concept.

For more information on the Mercator Advisory Group CustomerMonitor Survey Series reports, please go to www.mercatoradvisorygroup.com/PrimaryData.

Overview by Karen Augstine, Manager, Primary Data Services at Mercator Advisory Group

Read the full story here

Tags: Customer RetentionMobile Payments
1
SHARES
0
VIEWS
Share on FacebookShare on TwitterShare on LinkedIn

    Analyst Coverage, Payments Data, and News Delivered Daily

    Sign up for the PaymentsJournal Newsletter to get exclusive insight and data from Mercator Advisory Group analysts and industry professionals.

    Must Reads

    direct deposit

    Nacha Launches Campaign to Reach Millennials on the Benefits of Direct Deposit

    February 1, 2023
    Equinix Helps UK-Based Payments Provider Enable Faster, More Reliable Payments Processing

    Equinix Helps UK-Based Payments Provider Enable Faster, More Reliable Payments Processing

    January 31, 2023
    credit card tumbling

    How to Detect, and Prevent, Credit Card Tumbling

    January 30, 2023
    Why Businesses Need to Adopt Real-Time Payments as a Competitive Differentiator

    Why Businesses Need to Adopt Real-Time Payments as a Competitive Differentiator

    January 27, 2023
    faster payments

    Faster Payments Are Set to Revolutionize Modern Digital Payments

    January 26, 2023
    How AI can Help Manage Payments Risk in 2023

    How AI can Help Manage Payments Risk in 2023

    January 25, 2023
    cross-border payments

    How to Implement Effective and Innovative Cross-Border Payment Strategies

    January 24, 2023
    credit card experiences, digital payments, b2b payments

    Will Consumer-to-Business Payment Trends Drive B2B Global Growth in 2023?

    January 23, 2023

    • Advertise With Us
    • About Us
    • Terms of Use
    • Privacy Policy
    • Subscribe
    ADVERTISEMENT
    • Analysts Coverage
    • Truth In Data
    • Podcasts
    • Videos
    • Industry Opinions
    • News
    • Resources

    © 2022 PaymentsJournal.com

    • Analysts Coverage
    • Truth In Data
    • Podcasts
    • Industry Opinions
    • Faster Payments
    • News
    • Jobs
    • Events
    No Result
    View All Result

      Register to download the U.S. Bank report - Real-time payments