Where is the Payments Industry Heading?

| MCM Staff

Zooz went to the Twittersphere and set up an expert panel of 13 payments influencers to answer questions about issues affecting retailers, consumers and the payments sector today. Here’s what the panelists had to say about the most significant payments trends of 2015.

EMV’s Impact in the U.S.

| Nish Modi

A nationwide mandate to shift toward EMV begins in October 2015, and recent research from the National Retail Federation found that most retailers are unprepared.

Mobile Will Represent More Than Half of Transactions in 2015

| Tim Parry

Additionally, as retailers make the looming switch to EMV payments systems, those systems also accept mobile capabilities such as Apple Pay, which will also contribute to increased mobile payments. Click for more 2015 cybercrime predictions from ThreatMetrix.

Apple Pay

Idea of Apple Pay Growing on American Shoppers

| Tim Parry

Four out of 10 US online buyers like the idea of using a phone for payment instead of carrying around a wallet, according to The Bizrate Insights Apple Pay and Payment Security Study #1. But whether or not Apple Pay becomes the standard for wallet-less payment systems still remains to be seen.