2014 is gone and what a year, it was! To start the year fresh, we selected 12 articles for those who are interested in hot topics as mobile wallets, the mobile marketing revolution or mobile payments and mobile coupons!
- #GoogleWallet : Make your phone your wallet
In May 26, 2011, Google launched the first mobile wallet. Google Wallet is an native app for Android users to store cards, coupons and tickets into their smartphones whilst a mobile payment system. It works with NFC – Near Field Communication that allows users to interact with their stores only using their smartphones. From seeing an offer to using a coupon and adding points to its store card it can be a great tool and strategy for retailers.
- #Passbook : Apple’s Passbook
In September 19, 2012 Apple introduced Apple Passbook: a native app for iOS that serves as a mobile wallet to substitute all cards and paper coupons. However, while Google allowed payments —which raised the first wuestions about mobile security and privacy issues — Passbook wasn’t related to payments and opted for a different strategy: create a better product integrated with Siri and Maps while improving a service that could end consumers’ doubts.
- #ApplePay : Apple Announces Mobile Payment Solution
In September 9, 2014 Apple launched its first mobile payment service for the United States. A system that connects with Apple Passbook and, instead of using safety pin codes, it using touch ID to bullet proof payment security and it doesn’t collect any payment history, in order to ensure its consumers. With over 800 million registered users and a good partnership based network, Apple moved to the top list of competitors in the banking businesses.
- #Mobile Wallets : A Recap in the World of Wallets
With the emancipation of the mobile wallets as Google Wallet and Apple Pay, the payments market raised and developed a mobile payment ecosystem, all of them fighting to be part of this innovative channel. Samsung created its own wallet for Samsung devices. Paypal and Visa started a race for partnerships. Third party apps emerged to act as easy-in distribution channels such as Loop Pay and CurrentC.
- #ConsumerEngagement via Mobile Wallets: There’s No Way It Won’t Become a Norm
“Consumers prefer to have a unified mobile payment app that can be used in multiple stores while integrating individual store coupons and loyalty programs among millennials (55%) and users 35 years and up (46%) alike, the report says. But, 34% of consumers weren’t even aware if their favorite stores offered mobile payments or not.”
- #Omnicommerce : The Best of Omnichannel in 2014
“The news aboutApple Pay in September generated an unusual amount of mainstream media attention. Since it was announced, it has already changed the way we talk about mobile payments and has unlocked (and will continue to unlock) new sources of value for consumers and merchants. Apple also has a unique ability to mobilize an entire ecosystem – and that prompted Karen Webster to ask: Can Apple Pay shape the future of omnicommerce?”Now, omnichannel is no longer a trendy word but a requirement for all sort of businesses. Now it’s not just about what you do. It’s about how you communicate, how you reach the end consumer and, most importantly, when and where you reach them.
- #iBeacons : 15 Companies from Airports to Retail Already using iBeacon Technology
With the introduction of iBeacons — One end, Low Energy Bluetooth devices — to the mobile payments world, a new form of marketing was born: Mobile marketing. The concept of mobile marketing allows brands to empower consumer mobility and communicate with them at the most relevant time opportunity, with the most relevant content considering timing. Displaying only the information that particular consumer wants at the most convenient time is one of the best way to drive store traffic and increase consumer engagement.
- Google Wallet won’t let you buy digital goods on the web past March 2015
With the rise of mobile wallets and the crushing power of Apple Pay, Google Wallet announced in November 2014 that in March 2015 it would no longer allow the payment for digital goods. However, it can still be used for physical goods since last month Google Wallet announced a partnership with Disneyland in Orlando.
- Do people really use Apple Passbook?
Mobile wallets bring a lot of innovative thoughts and interactions. However, it is normal to stop for a bit and ask ourselves: Do people really use this? Yes, technology is fast and the market goes 360º everyday. Nevertheless, when playing with consumer — people — interaction, it’s a totally different thing. We’re talking about mass movement and mass cultures and it takes time for people to adapt and adjust, to learn new concepts (that are in constant change) even if they’re here to help.
- Apple Pay Might come to the UK in early 2015
Finally, Apple Pay is coming to Europe! UK is already aware and prepare to take in Apple Pay and, like every Western Country in Europe, it can’t wait to put the hands on it to see how much it will change the economy, specially because now Mesh Beacons are on the table.
- #MeshBeacons: Move over iBeacons, here come Mesh Beacons
Instead of receiving and sharing information from one end to another, mesh beacons allow to track information once shared with the end consumer. So when entering a store, a mesh beacon can guide you within the store until you reach the specific product that you wanted to buy because it can receive the GPS signal of your smartphone and use it to give directions to point X.
- #Passworks: Passworks raises 1M for Passbook Campaigns
We were born.
Passworks is, like Passk.it or Passwallet, a third party platform that allows brand to create, communicate and distribute mobile marketing campaigns using Passbook of Google Wallet.Since the beginning of 2014 we are here to be part of this mobile ecosystem. To make it easier for users to connect better with their favorite brands and to allow brands to become relevant for consumers, to penetrate in a new channel and explore mobility as it’s only being discovered to achieve the best of omnicommerce.
2014 was a great year that allowed us to learn more about this world, to develop with new achievements and to be prepared for what’s next. With a new year, new challenges are ahead. We are excited to be here for 2015 and we can’t wait to share our next projects we have stored for and with you.
Here is to 2015! Happy New Year!