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MOBILE WALLET BUILDING BLOCKS SLOWLY TAKE SHAPE.

Authors :
KORZENIOWSKI, PAUL
Source :
CRM Magazine. Oct2014, Vol. 18 Issue 10, p34-38. 5p. 3 Color Photographs, 1 Illustration.
Publication Year :
2014

Abstract

The article discusses the emergence of mobile wallets and how it changed customer experience in payment process. Topics include the appeal of mobile commerce functions in smartphones to consumers, the use of more personalized shopping experiences, and the near field communication (NFC) system. Also mentioned is information on the role of PayPal, the formation of payment infrastructure company Merchant Customer Exchange (MCX), and the selection of an open or close loop design in transactions. INSETS: A Digital Wallet Versus a Mobile Wallet;Back to Square One.

Details

Language :
English
ISSN :
15298728
Volume :
18
Issue :
10
Database :
Academic Search Index
Journal :
CRM Magazine
Publication Type :
Periodical
Accession number :
98609994