Transaction Trends

Written by industry experts, get insights on payments like nowhere else.

A Nod to the Future of Payments

10-14-2016

A Nod to the Future of Payments

Are you ready to say “yes” to your next purchase? All you have to do is nod to pay, with the help of Virtual Reality technology. The new service, dubbed VR Pay, was demonstrated by Alibaba Group Holdings, a division of Ant Financial, during Shenzhen Innovation Week, according to Reuters. This technology means that users don’t need to remove their VR goggles to shop, and can confirm their identities by using voice biometrics, or logging in with their password.

Interest in the VR space has been on the rise, as evidenced by the introduction of several new VR technologies in recent months, including Daydream VR headset from ETA member-company Google. The ability to shop “virtual malls” while using VR goggles moves VR beyond gaming into a more functional space, and VR Pay facilitates seamlessness in this new frontier in commerce.

About ETA

The Electronic Transactions Association (ETA) is the global trade association representing more than 500 payments and technology companies. ETA members make commerce possible by processing more than $6 trillion in purchases in the US and deploying payments innovations to merchants and consumers. Learn more: www.electran.org.

Q+A: What You Need to Know About Serverless Computing

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Q+A: What You Need to Know About Serverless Computing

Payments companies are turning to the cloud to manage their data, optimize compliance with the PCI Data Security Standard, and streamline a wide range of processes. With serverless computing, cloud providers such take on the . . .

1-9-2020

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ETA Expert Insights: Legislators Demand Clarity from FDA on CBD

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ETA Expert Insights: Legislators Demand Clarity from FDA on CBD

By Loriann Ouimet, Qualpay; Jennifer Maddux, Intuit; Dan Frechtling, G2, members of the ETA Risk, Fraud and Security Committee. It has been nearly a year since Congress removed hemp-derived CBD from the Controlled Substances Act – . . .

11-4-2019

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Q+A: Why is CBD Commerce a Hot Issue for Payments Professionals?

Opportunities around cannabidiol may feel like a potential goldmine, but the CBD marketplace is a ‘wild west’ of bad actors and opportunists. Although federal legislation removed certain kinds of CBD from the DEA’s list of . . .

9-16-2019

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