MOSCOW, RUSSIA – MARCH 11: Apple Pay logo is displayed on a smartphone in Moscow, Russia on March … [+] Anadolu Agency via Getty Images Here are five things in technology that happened this past week and how they affect your business. Did you miss them? 1 – Bank of America, JPMorgan, and other banks are reportedly teaming up on a digital wallet to rival Apple Pay. According to recent reports, Bank of America , JPMorgan Chase , and Wells Fargo are among some of the big banks reportedly developing a digital wallet to link with credit and debit cards in an effort to rival PayPal and Apple Pay. The digital wallet would first launch with Mastercard and Visa , which have already agreed to the partnership. It has been confirmed that the wallet product will launch sometime this year. (Source: CNBC ). Why this is important for your business: Quietly but increasingly, mobile payments are becoming more common, particularly amongst younger shoppers. It took a while, but it’s happen. Clearly the banks are noticing this and are jumping on board. As business owners, we need to make sure our customers can easily pay for our products and services […]
K&X Design and Investment Technology, LLC
Invest The Invisible Impact
K&X Design and Investment Technology, LLC
Invest The Invisible Impact
