Technology is currently expanding at an exponential rate as the age of digitalisation takes further root in society. The modern payment concept seems to combine a traditional cash transaction that is slowly but surely coming to an end with an ever-growing network of ePayment via smart devices as the old and new battle it out as digitalisation comes of age. Of course, as the technology develops rapidly, keeping in touch with the latest trends can often be a tricky concept, but there are some features which are obviously taking hold in society. It is those listed here that will dominate the future of mobile payment technology.
The mobile apps are upping the game
Scan the Android library or the Apple app store and what greets you is a continuous stream of applications to download and use. Most of these you see are game-related, whether it's games on https://www.facebook.com/ or https://www.usrealmoney-casinos.com/, there is an incredible array of choice. With epayment becoming a vital part of how consumers now purchase services, all it takes is one click of a button and an add-on or wager can be bought or placed instantly.
Some apps that are making the future of mobile payment much easier though are those that provide a so-called ‘ewallet'. Enabling customers to purchase whatever they want in person or online, the ewallet is revolutionizing how payments are being made, but why is that?
How improved security has fired mobile wallets into the public eye
The whole purpose, essentially, of the mobile wallet is convenience. Taking out your physical wallet or purse and trying to sift through the notes or coins to pay for goods and services can often be a bugbear for consumers. Pulling out your phone, however, and going straight to the wallet app can make things easier - there's no faffing about for the right change and it's a simple transaction.
But, convenience alone is not enough to convince the average consumer to ditch the bulging pocket or handbag for a mobile phone. Security is also a major factor when handing over hard-earned money - and so it should be.
Digital authentication is the name of the game for mobile wallet apps. And, most offer or require dual authentication to use. So, even if people make a purchase with a mobile wallet, a pin could still be required. Some smartphones take this authentication and security even further by possessing biometric authentication.
It sounds complicated, but it ensures that only authorized app users are able to use a phone or smart device in order to purchase a product or make a deposit on Paripop, thereby providing an ideal way of identifying the owner of an account and thus reducing chances of identity theft and fraud.
If you don't believe the writing, then believe the statistics; by the end of this year, payments on a mobile wallet are predicted to hit $500 billion - a massive rise from the $75 billion accrued in 2016. That rise accounts to a yearly growth of almost 80% over a period of half of a decade.
What this means for physical payment cards
Despite them being popular with the older generation, all this hype and growth surrounding mobile wallets has obviously prompted the decline of physical payment cards. As cash effectively gets trumped by the online world, the need to have an actual physical card in your pocket is decreasing with each passing year. Of course, non-cash payments are still a credit and debit card hotspot, with over 70% of Americans using at least one credit card.
But it's not just a mobile wallet where the future of payment lies. The concept of near field communication - or NFC - is transforming how transactions between consumers and merchants are completed, meaning payments can be made on the go, rendering physical forms of payment in various environments obsolete. The reliability and efficiency of such notions has been a key catalyst to the soaring of mobile payments.
The concept of mPOS and its societal impact
Where the future of mobile payment technology will centre around is the demand for mobile point of sale (mPOS) technology. Such units have come into being as a way of making or receiving payment without having to use in-store cash registers and sale terminals, driving the credit card into obscurity too.
The flexibility provided by mPOS as well as their portability - both compact and wire-free - make them ideal additions to trade shows, concerts and even food trucks as transactions can be completed wherever customers are. The Apple stores in particular showcase the mPOS in action perfectly. Customers are able to purchase goods with any employee instead of queueing in a line for the cash registers.
But, mPOS isn't just a trend that is around for a few years then disappears, it will be the future of mobile payment. There will be nearly 28 million mPOS devices in use by 2021, compared to the 3.2 million in 2014. Such a hike in numbers is largely down to the flexibility and convenience of mPOS in this current climate with merchants able to conduct business anywhere, whereas they were previously just used in brick-and-mortar locations.
Social commerce knocks shopping out of the park
If there is one trend right now that is showing no signs of letting up it's the power of social media. It is king with people in the streets, on public transport or merely at home scrolling for hours on end through endless sites and stories. No wonder then that businesses are trying to market such a huge audience.
But, technology has developed in such a way that when users sift through Instagram, Facebook or Snapchat and come across a product or service that they like the look of, no longer do they need to leave the app in order to search any further. All that is required is a click on the shop now button and the user can start buying - and all this without being redirected to an online store.
As a result, the payment process is much faster and smoother as a mobile shopping cart integrates with social media technology, and with the help of chatbot checkouts and autofill, customers tend to be satisfied much sooner than if they went in store.
Mobile is the future
Mobile wallets and mobile point of sale devices are where the future of mobile payment lies. The trends are already present - the ability to purchase goods in stores such as Apple from one particular employee rather than waiting for the checkout till. But, this will develop further into much greater automated payment capabilities, the type of which have been discussed above.
Though it will perhaps take years for the development to be perfected, it is clear that mobile is where the future of payment, payment processing and payment getaways lies. It's not a question of if, but simply when this will occur. The future of technology is exciting, but this could develop a cashless society much quicker than people think.
Fortunately, you can still customize it on your S6, S6 Edge, S6 Edge+, Note 5, S7 and S7 Edge with the help of a third party app known as Galaxy Button Lights. Download it for free from the Google Play Store and install it. Once you open the application, you will find that everything that was missing from the TouchWiz settings menu in terms of the capacitive key backlighting, they are all there.
You will get to change and choose in-between settings such as Time to remain on, Always on, Always off and Default. Adjust the settings according to your convenience and tap on SAVE BUTTON BACKLIGHT BEHAVIOR to apply the settings on your device immediately. Just to make sure that you are downloading the right application, check if the developer's name is mentioned as NotQuiteinsane on the Play Store's Download section. If it is, then that's the right app.
Looks like Google will be launching a New YouTube Music service very soon. Screenshots of an upcoming version of YouTube App for Android has been leaked.
According to the source, YouTube Music Key is on the way soon and will bring many of the features that we have been expecting, like offline playback and more. The service will be ad-free, and it will allow for audio-only playback, offline playback, infinite YouTube mixes, and complete albums; but, this is still YouTube, so there are some interesting video features as well.
The images of the updated app claim there will be "over 20 million high-quality tracks complete albums, organized into artist discographies" as part of Music Key. And, since this is YouTube, you'll also get access to watch concerts, covers, and remixes.
The YouTube Music Key service will cost $9.99 per month after a one-month free trial, and maybe the best part is that it will include a subscription for Google Play Music Key. Presumably, if you already have a Google Play Music All Access account, you will automatically get the YouTube Music Key subscription, but it is unclear if those who got the initial promotional rate of $7.99 will keep paying that price.
The YouTube much anticipated subscription music streaming service from Google has been officially announced today. It's called YouTube Music Key (BETA), and it will be in beta for an unspecified amount of time.
It brings you an ad-free YouTube experience, along with support for background playback on mobile, and offline viewing too.
All of these perks will cost you $7.99 (for a limited time, the normal price being $9.99) per month. But the nice thing is that if you pay for Music Key, you'll also get a Google Play Music subscription, which gives you access to more than 30 million songs and expert-curated playlists. That in itself costs $9.99 per month, so you're essentially getting two services for the price of one here.
"You've asked us for ways to listen to music without ads, to keep playing music videos even if you lock the screen or start using another app, and to play music even if you're not connected to the Internet. That's why today we're introducing YouTube Music Key beta, a monthly subscription service starting with the promotional price of $7.99/month (discounted from $9.99/month) that will give you all that-ads-free music, background play and offline viewing. It will also include a subscription to Google Play Music, with 30+ million songs, expert-curated playlists, and in the coming days, the ability to watch many YouTube official music videos right from the app." - Official YouTube Blog
The financial markets industry has not been left behind when it comes to innovation. One proof of this is anyone can now tap into the dynamic pool with incredible ease and convenience - courtesy of dozens of mobile trading apps. These software programs not only give you the flexibility of time and function, but they also help you stay on top of any developments that could affect your trade value. Here are seven benefits of using a mobile app to play in the game of financial trading.
1. Safety and Security
Mobile apps come fortified with the highest level of security and safety so your funds, personal data and transaction details are always under lock and key. Most mobile trading platforms are managed with an encrypted firewall to eliminate fraud and action from malicious parties.
Mobile apps also require multiple levels of authentication, which require users to provide multiple factors for identification before accessing the platform.
A multiple factor authentication entails providing a password, followed by a physical characteristic, e.g. fingerprints. With multiple levels of identification, even if a hacker knows your password, they simply can't access your data.
2. Up-to-date Information
Information is power, or at least it is in stock and forex trading. Mobile trading platforms offer real-time, up-to-date news, statistics, information on currency exchange rates, commodity futures as well as comparison of currency pairs and stocks so you can always know which financial instrument is worth investing in.
And if you've taken the game further by investing in digital currency, other mobile apps will always let you know of price reactions and other trends in specific cryptocurrency worlds, making sure you never miss out on making profitable opportunities.
3. Financial News at the Fingertips
A stubborn truth about financial markets is that news drives the trade, especially in foreign exchange. Major political, business and natural events invariably have a ripple effect on international markets. An earthquake or a war in a particular country will impact its currency - along with all currency pairs related to it. Mobile apps allow you to make use of such information by supplying any political and business news that may affect financial markets directly or indirectly. This allows you to manage risks as well as position your trades to turn profits.
Mobile trading apps allow you to trade at any time, anywhere. All you need to do to lock in that profit is Wi-Fi or cellular access to the internet. Mobile trading platforms allow you to:
● Check-in as many times as you want and improve your trades
● Explore more financial markets - from stocks to bonds to forex to commodities
● Circumvent time-zone limits and geographical barriers and trade from anywhere in the world
● Purchase and sell currencies in the most opportune times
● Live stream data, statistics, and news so you're aware of prevailing market conditions
● Track your portfolio performance
5. Improves Your Chances of Success
The sheer convenience of forex mobile trading platforms; the ability to predict markets based on financial and world news, as well as learn about the real-time price values of stocks, bonds, and commodities whenever and wherever you are - all these multiply your shots at success more than ever before.
Because you can access your account(s) anytime, you're able to maximize your opportunities by exploiting prime windows as best as you can. Also, being in the know on current global, political and financial affairs helps you identify price volatilities and trends, giving you a competitive advantage.
6. More Flexibility
The basic function of trading currencies, placing bets on precious metals and commodities, buying and reselling CFDs, etc. becomes even more seamless on mobile platforms. Most apps come with intuitive, highly responsive interfaces that help you move within charts quickly, enabling you to make analyses in record time. Mobile platforms also have over 30 technical tools available to traders.
Many trading platforms also feature the ability to switch between languages. This functionality helps you access various stock markets. Other apps are even customizable so that traders can modify functions to suit their specific trading preferences.
Whether you're a beginner or a veteran, you'll find mobile platforms afford you so much flexibility, convenience and the ability to make fast decisions in the fast-changing world of financial trading. What's more, you can operate different accounts with different brokers, guaranteeing you several profit streams.
Game-changing technologies are sweeping every industry and gambling is no exception. One trend that has caught the eyes of the casinos worldwide is the massive surge in mobile gambling. Take a look at these numbers.
In 2016, the share of overall gambling worldwide was close to $400 billion. In contrast, online gambling's share reached $50 billion in 2017. This was an exponential jump within a time span of six years from $30 billion in 2011.
Let's take a look at the key trends sweeping the online gambling industry as well as the effect they are having on the mobile online casinos.
VR takes central stage
Ever since we got Oculus Rift and Samsung Gear, the VR technology is showing no signs of slowing down. Today's virtual reality casinos create an experience so close to the real land casino that it's hard to differentiate. You can find slots, blackjack, roulette and other specialty games complete with all the action, sound, music and lights.
Slot Millions, one of the first VR casinos offered the slot game "Starburst," which has been a major hit with its outstanding graphics, immersive soundtrack. Even NetEnt dipped its toes in the VR world with "Jack's World," its hugely successful take on the classic slot game Jack and the Beanstalk as a foundation.
Nowadays players also can enjoy live streams that don't need high-profile investment and a combination of 3D graphics and 3D sound.
Cryptocurrencies have made landfall in the gambling world. Various benefits - anonymity, speed, tax-free status, security, and low fee - that comes with using a cryptocurrency like Bitcoin has attracted a lot of players.
It has got the attention of casinos with a lot of crypto coin casinos popping up. Perfect compatibility of cryptocurrencies as a payment method with all the mobile devices is further propping up cryptocurrency as an acceptable trend at all the best mobile casinos.
For example, 1xBit.com, an online multi-cryptocurrency-accepting casino has been widely regarded as a trendsetter. It offers unique software for placing sports bets and playing casino games from the top-providers. Players can easily bet on more than 50 sports.
Better user experience
Online casinos recorded an unprecedented profit (over $40 billion) last year with the advent of technologies like the IoT (Internet of Things). A rise in the connected devices has worked wonders for every industry today with an unbelievable amount of data analytics at the disposal of enterprises, and the gambling industry is also taking note.
Information gleaned from the analytics is being used to offer better user experiences for all the casino games on offer. Online and mobile casinos have an advantage over the land casinos as they can react instantly to every iota of data player give them like the choice of games, the length of time spent on each game, and the best time the players like to play.
That's how the developers of online slot games can decide what works better. Games with powerful supplementary video and audio content, branded stuff, or theme offerings?
More attention to safety & security
All this talk of technology hasn't left the safety and security aspect untouched. The industry is worth billions in the gambling industry with rising hacking attacks on the mobile casino sites.
Online casinos and mobile casinos are now increasingly deploying the latest SSL encryption techniques to layer the important financial and personal data. The RNG (Random Number Generator) technology is being used, which is as close to the universal laws of randomness, as you can get.
Phone providers offer increasingly sophisticated device fingerprinting fraud prevention solutions to identify users.
Also, banks have become vigilant when it comes to online and mobile payments. Then there are a host of regulatory bodies that exercise tight control over land as well as online casinos activities. This ensures that players get a fair deal and their information isn't tampered with.
Live casino games
Mobile gambling has latched on to the fascinating world of live casino games. Ever since the first roulette game was rolled out on the mobile platform, all the casinos worth their salt offer a varied range of mobile gaming solutions.
Microgaming introduced the live dealer games back in 2006. Today's live dealer casinos online offer an unparalleled experience in poker, casino, baccarat, roulette, and slots. Players get advanced socialization experience, which combined with a land-based casino atmosphere, is becoming popular. The attractive bonuses and VIP programs are also proving to be a huge draw among players.
The coming years will see further growth in online gambling and more players in the market with sophisticated technology.
The key mobile gambling trends discussed should all be good for the player as vendors fight ruthlessly for their attention and more importantly, money.
There will be some winners, and there could be a lot of losers - we wouldn't like to make a bet on it!
The segment of online gambling entertainment has risen in popularity over the recent years and has long turned into one of the most popular hobbies across gambling fans worldwide. Thousands or even millions of gamblers from various corners of the world use online casino-powered sites via portable devices in order to play games for real money and just for fun enjoying all the benefits of this kind of venture. There are several reasons why an increasing number of gamblers continue using mobile gambling-oriented apps taking full advantage of the privileges granted by online gambling spots to slot spinners globally. Free slot games for Android phones are becoming more and more popular due to the ease of access and extreme flexibility associated with such kind of entertainment. Let's discuss the major benefits of mobile gambling-related services as well as the most splendid gaming apps existing on today's market. So, why do gamblers choose to play games using mobile apps?
Probably the most significant benefit associated with the use of mobile gambling-related apps is intense convenience with which the modern-day gamblers residing in various parts of the world can access their favorite slot products. Casino lovers do not have to stay at home and sit in front of their computers in order to access some splendid casino offerings. In fact, with mobile gambling you can easily gain access to whatever slot you find attractive wherever you go and whenever you wish. It does not matter at what time you are going to launch the game of your choice, because you will have absolute flexibility and extreme freedom to choose the right time and place for your next gaming session. It is also possible to choose any portable device you find appropriate, including smartphone, iPhone or tablet and you'll be all set to start a fascinating journey towards big-sized winnings and lots of fun.
This benefit is closely interrelated with the previously mentioned one. Online casino-related experience of the modern days does not have to be associated with any particular rules or codes that need to be followed with precision. This is because you can easily launch a game from the comfort of your home where you can lay on the sofa and eat whatever you like without any need to attend the physical casino premises in order to gain access to the slot of your choice. No rules established by stationary casinos have to be followed and this is what adds greater pleasure to one's gambling experience.
● No Extra Charges
Mobile gambling has allowed players to enjoy one more benefit - to play casino-driven games absolutely free of charge. Most online gambling-based platforms offer various free demo versions of games so as to make the experience of gamblers less risky, because not all casino-loving users would be willing to place real money at stake if they have only started their career in the gambling world. As such, free demo versions allow testing one's luck and skills before placing any real cash bets, which will let you get acquainted with the major peculiarities of various gaming products on offer. This is definitely a big advantage of mobile gaming over land-based casinos that cannot grant users an opportunity to access slots for free.
● Casino Bonuses
Above all, most online gambling platforms offer incredible bonuses to their clients, some of which allow gamblers to grab additional privileges and add some gold to their pockets with minimum effort. One of the greatest offerings of such kind is the welcome bonus, which may vary according to its type and the size of your potential winning. Casino bonuses might also include no deposit bonuses or re-spin opportunities, but no matter which one you choose, you'll get all chances to take full advantage of your casino experience with no trouble whatsoever.
As such, you can now see that just like the smartphones have become an essential part of our everyday life, mobile gambling has also turned into a highly popular means of entertainment especially because the games have become more advanced and are now added with lots of innovative features that have never been seen previously. What are the best mobile gambling apps of the modern days? Let's take a look at a few prominent smartphone applications for gamblers.
● Dream Machine - this kind of game allows you to take full control over a specially designed robot that is going to pass through various strange mazes and overcome different obstacles in order to come out victorious and get hold of a prize. Here you will need to employ smart techniques and strategies in order to become an absolute winner. This slot game is packed with many innovative features and is characterized by exemplary graphics that is one of the reasons why it remains a highly popular option on today's market.
● 7 Mages - this game is a superb example of an innovatively designed slot machine that is characterized by unique sound effects and incredible landscapes as part of the gameplay. Apart from taking full control over the adventures during the gaming process, you'll have to travel through different lands until your reach ultimate victory and grab some big-sized rewards in the process. This game is fully accessible for Android and iOS users.
● DIRAC - this is a recently developed slot machine that represents one of the most splendid puzzles of all times. Here you'll have to unravel a few mysteries and get to know lots of surprising details in the course of the gameplay. This game is distinguished by various top-notch features and is fully accessible for not only smartphone users but also those who are utilizing iOS-based devices.
Any of these games can be played on the portable device of your choice that will let you have lots of fun and win prizes all at once. What is more, the mobile gambling apps of the present days can either be downloaded or accessed through the internet, which means that you won't have to spend too much time loading the game of your choice. Even a child can manage with this process, which is the best proof that mobile gambling has definitely revolutionized the gaming-based market and made casino products more accessible and easy-to-operate than ever before.