Open Daily: 10am - 10pm | Alley door pickup 10am - 7pm 3038 Hennepin Ave Minneapolis, MN
612-822-4611

  • Open Daily: 10am - 10pm
    Alley-side Pickup: 10am - 7pm

    3038 Hennepin Ave Minneapolis, MN
    612-822-4611

Open Daily: 10am - 10pm | Alley-side Pickup: 10am - 7pm
3038 Hennepin Ave Minneapolis, MN
612-822-4611
The Disrupter Series: Mobile Payments

The Disrupter Series: Mobile Payments

Subcommittee on Commerce, Manufacturing

Paperback

General Political Science

ISBN10: 1546936335
ISBN13: 9781546936336
Publisher: Createspace
Published: May 28 2017
Pages: 112
Weight: 0.61
Height: 0.23 Width: 8.50 Depth: 11.02
Language: English
Smartphones are increasingly an ever-present part of our lives. They are also changing the way that we shop for goods and services. You can shop on your tablet in front of the television, compare prices on your phone as you browse in a store, and pay without ever pulling out your wallet. Consumers have access to more information; often, more competitive options are at the tip of their fingers. There has not been this big an upheaval in how consumers pay for goods and services, from groceries to haircuts, since computers replaced the manual imprinters in the 1980s. In 2014, 22 percent of mobile phone owners reported making a purchase with their phone; 39 percent used their phones to make a purchase in the store. When you finish shopping, you may be able to pay by tapping your phone at checkout or clicking the PayPal checkout button on a mobile Web site. When you want to send your friend money for the concert ticket they bought for you, all you need is their email address or their mobile phone number. These mobile payment options include protections not available with cash and are easy to use for consumers who may be more likely to have their phone in their pocket than carry the exact change with them.

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