Some 53% of consumers globally report they have either used or are interested in redeeming offers and coupons with their phones, while 44% have used or are interested using their mobile device to pay for things in stores and restaurants, according to new research from Ovum. “Combined rewards and offers in conjunction with mobile payments are set to be a common feature in the near term as a means to reach consumers and drive spending in new ways,” the analysts conclude.
- Bank of England examines the technical requirements of central bank-issued digital currencies
- Premier Food Service adds rewards to contactless vending machines
- UK’s Payment Systems Regulator outlines PSD2 enforcement process
- Financial Conduct Authority sets out PSD2 requirements for UK payment service providers
- BIS reports on the potential of central bank-issued cryptocurrencies
