Archive for September, 2022

The Future Of Commerce Is With Mobile Payments, Here’s Why

There are several ways to use mobile payments. These methods include Near-field communication (NFC) and in-store and in-app mobile payments. But one of the most important advantages of mobile payments is that they are convenient, safe, and secure. Using them is also a good way to save money and reduce credit card fraud.

In-app Mobile Payments

Mobile payments and transactions have become popular because consumers value convenience. It is estimated that 5 billion people have mobile phones and bank accounts with payment capabilities. This trend has increased financial institutions’ focus on mobile payments and transactions. New mobile applications are popping up daily, allowing consumers to make purchases and pay.

The growing acceptance of mobile payment processing apps has led to many partnerships between big credit card companies and startups. 

Another way to make mobile payments attractive to consumers is to tie them to loyalty programs. With mobile payments, a business can increase customer loyalty and encourage in-app purchases. As a result, mobile apps are projected to generate over 613 billion in revenue by 2025.

In-person Mobile Payments

Consumers are embracing new ways to pay with their mobile phones. As a result, the use of digital wallets is increasing astoundingly. The number of smartphone users using in-person mobile payments is expected to reach over 50% by 2025. As a merchant, you should be ready to adapt and offer digital payment options to your customers.

The rise of mobile payments is a result of several factors. First of all, consumers value convenience. The ability to complete an in-person transaction without touching anything is very convenient. It also eliminates the need for a physical receipt. With a touchless payment solution, customers tap their card against the card reader, sending a unique code to the merchant’s mobile device.

With such a rapid increase in mobile payments, it will not be long before more companies offer in-store mobile payment solutions. The rise of mobile payments is already evident in Europe, where payments through mobile phones are becoming more popular. For example, commuters in London can now pay for trains and subways with their mobile devices. A similar idea is being tested in the New York City subway system.

Near-field Communication (NFC)

NFC is a form of two-way communication that allows two devices to read and write data to each other. For example, two Android devices can read an NFC chip to subtract money from the balance written on a card. This new technology will make it easier for consumers to pay with their phones.

NFC has the advantage of being secure compared to other mobile payment methods like Bluetooth and WIFI. Because of the small range of the NFC tag, it is very hard to intercept the signal. An attacker must be physically present in the user’s vicinity or carry a reader. Besides, any attacker could only intercept the information stored on the chip, not the transmitted data.

NFC has been in development for the last decade. But despite its potential, large corporations have struggled to convince consumers to switch to this new payment method. Apple has cited two main reasons for this: cumbersome verification through a pin code and fragmentation of the market. However, some companies are pushing the technology and trying to change this perception. 

In-store Mobile Payments

In-store mobile payments are a new retail trend, with rapid growth predicted for the next few years. In the United States, in-store mobile payments are expected to grow at a compound annual growth rate of 40 percent, generating $128 billion in revenue by 2021. Similar trends are occurring in Europe, with ApplePay and AndroidPay being widely used there.

Today, in-store mobile payments are being used by 25% of US shoppers across multiple channels, and by 2022, the global value of mobile payments is expected to hit $14 trillion. As a result, retailers must embrace these payment methods and avoid becoming technology laggards. Some leading retailers are already embracing in-store mobile payments, such as Starbucks, which has made this new payment method part of its in-store experience.

There’s a lot of uncertainty surrounding in-store mobile payments. Technology is not yet ready to meet these demands. Retailers need to embrace mobile shopping and improve checkout processes. However, achieving frictionless checkout is unlikely for the largest retailers.

What Are The Buying Signals in Sales?

A buying signal is an action that indicates a chance for a sales representative to contact a prospect. It assists in determining how much a person requires for the product or service so that a sales representative can focus on those most likely to buy. These sales signals include non-verbal cues, repetition, body language, and increased curiosity. To understand these signals, you must first understand the buyer’s mindset. 


Non-Verbal Cues

When selling to customers, non-verbal buying signals can help you get the sale. Non-verbal cues like a raised eyebrow or increased nodding can indicate that a customer is ready to buy. These signs can be picked up even when the salesperson and the customer are conversing.

Non-verbal cues are extremely important. Whether selling to an established client or a new prospect, it is vital to understand what your prospects are communicating. For example, if they’re relaxed and friendly, this could mean they’re ready to make a decision. Other signals include their body position, gestures, and their skin tone.

If a prospect asks for a follow-up appointment, this is one of the strongest non-verbal buying signals. It shows that the prospect is interested in the conversation and wants to take the next step. Hence, it’s crucial to set up the next meeting as soon as possible. Prospects interested won’t dilly-dally, so make sure you listen to their non-verbal buying signals and take action accordingly.

If you’re a salesperson, learning to identify these signs can help you close sales faster and have more effective customer interactions. Understanding these signals can help you identify the buyers with the highest likelihood of buying your product.


Inquires About Price

Inquiring about prices during a meeting usually indicates that the prospect is considering purchasing. Still, some salespeople are frightened of questions like, “How much does it cost?” “Can you give me the best price you can?” ” or “Do you offer discounts?” ” They believe that their price will deter people from purchasing. But you don’t have to be concerned about that. Prospects are inquiring about pricing because they want to know how your solution fits their budget. So, if they give you this signal, proceed with the sale.


Increased Curiosity

Increased curiosity is one of the most common signs of a potential buyer’s interest. Customers who ask about the features of a product or service express their desire to buy. In addition, they’re seeking assurance that their time and money will be well spent. However, many of these meetings turn out to be non-buying opportunities.

When a prospect is eager to learn more about your product or service, it’s important to be respectful. They shouldn’t be too eager to obtain a free quote or demo, but they should be genuinely interested in your offer. These are the types of prospects who are good buying signals. Even though noticing one of these signals alone doesn’t guarantee a purchase, the likelihood of a prospect making a purchase is much greater if they exhibit multiple signals.

Seeks Advice From Peers

You may notice that more than one person from a company is visiting the site at the same time. This could indicate that someone with purchasing authority has solicited feedback on the product from his or her peers.

This may also be true if a person copies their colleagues during email correspondence with a sales agent. If they’re bringing other people into the conversation, it’s a good sign that they’re debating how the product fits their needs. In any case, if the main contact is soliciting feedback from coworkers, it’s likely that they’re weighing the pros and cons and are nearing a final decision.


Interested to Know About the Terms and Conditions

When a prospect inquires about warranty details or money-back guarantee policies, they are most likely determining whether or not they can rely on you to provide excellent customer service.

Look for this signal during sales meetings or phone calls. Check to see if the prospect has visited the warranty page on your company’s website. If they have, now is a good time for an agent to contact them and see if they have any questions about the next steps.


What Shows Are Usually Included in a Satellite TV Package Plan?

Satellite TV providers get their programming from two main sources: national turnaround channels and a variety of local channels. Most turnaround channels also provide programming for cable TV, while local channels typically broadcast over the airwaves. Whether you want to get your favorite TV shows from the top channels or have the most sports channels available, you can get satellite TV packages that suit your needs. You can choose from several different plans, and each plan can provide different benefits and disadvantages. Learn what channels are included with each satellite tv package plan.


Getting Satellite TV Shows

Satellite TV is the way to go if you’re looking for high-definition TV channels. These services offer customized packages and on-demand viewing. They also have simultaneous recording capabilities. Plus, there are no cables to worry about, which makes them more convenient for people who often travel or live in rural areas.

You can even upgrade to a bigger package if you want to. You can also downgrade to a lower package without breaking your contract. The key is to choose a package that best fits your main interests. Unlike cable TV, there are no buffering symbols, and satellite TV does not consume your internet data.



When choosing between different satellite TV package plans, it is important to consider the cost of each service and whether it’s worth the extra cost. Most providers require that you sign up for two-year contracts, and if you leave your contract before the end of the second year, you’ll end up paying an early termination fee. Another thing to consider is bundling services. Some providers offer cable and Internet services, and bundling them can help you save money.

Some satellite TV provider companies offer free system installation. They will send an installer to your home to install the equipment and activate programming. These companies allow you to make changes to your programming selections through the installer, so you may want to update them occasionally.


Channels Offered by Satellite TV Providers

Satellite TV providers can offer you a wide variety of channels. Some of these channels may be local, while others are national. These channels may also have local affiliates. Many providers offer local news and sports programming as well. In the United States, satellite TV providers get their programming from two different sources: broadcast centers and geosynchronous satellites.

A distribution center beams programming to a geosynchronous satellite for turnaround channels. The broadcast center receives these analog and digital signals from a variety of sources using large satellite dishes.

Because most local stations do not transmit their programming to satellites, the provider must obtain it in another manner. If the provider offers local programming in a specific area, it will have a small local facility with a few racks of communications equipment. Local signals are received directly from the broadcaster via fiber-optic cable or an antenna and transmitted to the central broadcast center.


Streaming Services 

A video streaming service provides on-demand access to TV shows, movies, and other streaming media. These services offer a cheaper alternative to cable and satellite on-demand services. Streaming services frequently charge fees, either per view or by subscription. A streaming service requires a high-speed internet connection, which is not always available on a satellite connection. While satellite TV is typically not dependent on an internet connection, streaming services require a strong one. Most streaming services require an internet connection, including the DISH receiver, but some can be watched without one. Other features are available only with an internet connection, such as the Google voice feature on DISH remotes. A satellite TV package plan may include streaming services if you don’t have a cable connection. 


I am discussing all kinds of business and finance topics on this blog and I hope that the information I provide will prove to be useful.