Because Samsung Pay will be compatible with most existing magnetic stripe terminals as well as NFC terminals (as a result of its acquisition of LoopPay), it is going to drive
significant payment volume, particularly in the next 5 years.
Not exact matches
However, it will be a few years before the big tech players that are getting into mobile
payments will be able to develop the necessary ecosystem for loyalty to be a
significant driver of
volume.
Because of the
volume of
payments MCX members command and the original launch timelines, we had previously thought that CurrentC would drive
significant mobile
payments volume this year, even if adoption among consumers was lackluster.
As Apple Pay and other mobile
payments technologies featuring similar security features take off, we expect there to be
significant implications for the
payments ecosystem beyond simply increased mobile
payments volume.
eBay expects that definitional differences between PayPal's net total
payment volume and Braintree's projected $ 12 billion
payment volume for 2013, approximately one - third of which is expected to be driven by mobile
payments, will lead to a
significant portion of Braintree's
payment volume not being additive to PayPal's net total
payment volume and treated instead like PayPal's
payment gateway business, with only the revenue being recorded.
Starting in July 2006, we began taking reservations and collecting reservation
payments from customers who wished to purchase a Tesla Roadster and we received a
significant number of reservations prior to initiation of
volume production of the Tesla Roadster in October 2008.
Starting in July 2006, we began taking reservations and collecting reservation
payments from customers interested in purchasing a Tesla Roadster and we received a
significant number of reservations prior to initiation of
volume production of the Tesla Roadster in October 2008.
But while the platform processes to be a
significant upgrade for merchants, it requires them to migrate to the new system, which some businesses — particularly those that see low
volumes of cryptocurrency
payments — may decide is not worth the effort.