There’ve been a number of news stories in recent months suggesting Amazon is on the cusp of launching its own mobile credit card reader to take on the likes of Square and PayPal Here, with the latest of these reports, which landed Sunday, adding further weight to the idea that such a device is in the works.
Additional evidence that the e-commerce giant is about to announce new hardware came via internal documents from Staples, 9to5Mac reported.
Contactless cards, payment by mobile and SMS balance alerts are just some of the mobile and Internet banking features that the British public is adopting in what is being dubbed a banking revolution.
Nearly £1 billion a day (US$1.7 billion) is being transacted via mobile and Internet banking in the UK, according to the British Banking Association's latest 'Way We Bank Now' report. New technology has given Brits the ability to take more control over how they manage and spend their money.
Consumers in the Bank of America Trends in Consumer Mobility Report said their smartphone was as important to them as their car and deodorant.
Mobile is so important to customers’ everyday lives that only the internet and personal hygiene were rated as more important by consumers surveyed in the newly released Bank of America Trends in Consumer Mobility Report. Mobile was rated as “very important” to everyday life by 91% of the 1300 consumers surveyed, tied with a car and deodorant for the most important item, and ahead of television (76%) and coffee (60%).