Lost in the deal From Paysafe
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The following is the Lost in the deal From Paysafe recommended by recordtrend.com. And this article belongs to the classification: Electronic Commerce, research report.
Paysafe released a new report “lost in the deal.”.
Is biometric a solution for the convenience and security of online payment?
The growth of mobile e-commerce is driving biometric authentication.
48% of consumers already use some form of biometric authentication in their payments, up to 54% in the UK. This popularity is driven by the growth of mobile e-commerce, especially for consumers under 40.
The correlation between mobile e-commerce and biometrics is significant, with 18-24 years old (75% using mobile e-commerce; 69% using biometrics) and 25-39 years old (79% using mobile e-commerce; 61% using biometrics) are the largest users in these two fields.
Consumers think biometric authentication is more convenient, but they are still reluctant to give up their passwords.
61% of consumers believe that compared with traditional online payment methods, biometric payment for goods or services is a faster and more efficient payment method. 57% of consumers agreed that being able to verify payments using biometrics would make shopping on smartphones more convenient than traditional PC e-commerce.
Only 37% of consumers thought biometrics were more secure than other authentication methods, and 66% said they would be worried if they could buy without prompting for a password.
Voice activation technology: the future of e-commerce?
Consumers have strong concerns about the safety of their financial data, which hinders their adoption.
53% of consumers think voice activated payment is faster and more convenient than traditional online payment, but only 37% think it is safe.
Only 36% of German and Austrian consumers use smart home devices to buy goods or services, while 50% of Bulgarian consumers feel comfortable in this way.
Consumers are more willing to re order low-value goods and entertainment services than to make high-value or one-time purchases.
More consumers are ready to order lunch (35%) or groceries (31%) from their regular stores, but few are prepared to make one-off purchases from stores they are not familiar with. 33% of consumers will not consider using voice activated technology for any kind of payment.
Generation Z is more willing to pay with voice activated technology than any other age group.
More than half of generation Z consumers sign up for subscription services such as net fl IX (52%), or use voice activation technology for one-time entertainment purchases (51%). 43% of consumers are ready to use voice commands to pay for groceries on smart refrigerators. 39% of generation Z will pay for voice activation via car entertainment systems.
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