MAG Insights

Announcements from the MAG & Featured Articles

Swipe, Scan, Dip or Tap: What Everyone Needs to Know About the Changing Face of Payments

WASHINGTON, July 12, 2016 /PRNewswire/ -- With millions of U.S. consumers banking and paying with smartphones every day, mobile and internet payments have become some of the fastest growing segments of our economy. Mobile and online e-commerce payments are projected to surpass $27 billion this year, a 300% increase over 2015.

So have you ever asked yourself, why is everyone so focused on the 20-year-old in-store "chip" technology?  

Today, the Merchant Advisory Group (MAG) announced the launch of KnowYourPayments.com, a website and campaign aimed at educating consumers about innovations in payment technology as the retail industry and its customers continue to adopt emerging technologies across the United States.

Read the full article: http://www.prnewswire.com/news-releases/swipe-scan-dip-or-tap-what-everyone-needs-to-know-about-the-changing-face-of-payments-300297561.html