AI has already changed how we interact with mobile devices. Now we ask for directions and get answers to random questions. A large number of consumers ask our phones to buy and ship items to our house. Focusing on how AI can reduce fraud misses the real opportunities which Mercator identified here, here, and here.
Walmart said it has made the mobile payment app Walmart Pay available in its more than 4,600 Walmart stores nationwide. Announced in December, Walmart Pay is pitched as a free mobile payments service for use in the retail giant's stores. It allows payments on Apple and Android devices with almost all major credit, debit and pre-paid cards or Walmart gift cards. The service is void of near-field communication (NFC) compatibility, so users have to go inside Walmart's mobile app and then activate Walmart Pay in order to initiate and complete a purchase. Luckily for Walmart, the retailer already counts 24 million registered users for its mobile app, which probably has helped on the adoption front.
Popular overseas destinations for Chinese consumers saw mobile payments surge during the week-long Chinese public holiday between October 1 and 7, according to Alibaba's mobile payment arm Alipay. The popular Chinese mobile payment service provider -- which has been actively extending its services to global destinations after its domestic market has become an almost cashless society -- said Bicester Village outlet shopping centre in the United Kingdom, Dotonbori commercial zone in Osaka, and Australia's Sydney Airport are the top three popular destinations among Chinese consumers, with mobile payments through Alipay increasing by 90-fold, 70-fold, and 55-fold, respectively, during the week, according to a Sina news report. Other destinations including France, Thailand, Canada, Malaysia, Italy, the United States, and South Korea appeared in the top 10 list revealed by Alipay on Sunday. Average usages of Alipay in the listed destinations have surged by tens of times this year, the report said. Prior to the holiday, the mobile payment service provider had also unveiled "40 outbound destinations without wallets", which included the 10 most popular airports, commercial areas, and outlets.
Samsung Pay currently has 2.59 million users in South Korea, where the mobile payment system was used 41 times per user on average in March, making it the most used mobile payment app in the country. The app was launched in South Korea and the US last year and most recently expanded to China. It will soon be available in Singapore. WiseApp, a local mobile trend and app ranker, surveyed Android smartphone owners for the month of March. Shinhan's app card was the runner-up with 1.5 million and Hyundai Card came in third with 1.23 million.
Mobile phones are still a huge deal in the tech and business worlds. According to a recent survey by Deloitte, about 89% of American smartphone users typically look at their phones within an hour of waking up. These users go on to look at their phones over 12 billion times collectively during the day, presenting a world of opportunity for businesses as illustrated in this infographic from the telco, Ooma. And as more consumers remain hooked up to their phones, mobile payment platforms continue to show unmetered growth, with many new providers taking advantage of tech innovations to make their mark in an overcrowded field. By the end of 2015, there were over 100 mobile payment providers in the US alone, with that number expected to have grown in recent times.