Versatile Credit Inc. (Versatile) recently announced that the technology behind their transition-to-mobile technology, Snap Sign and Snap to Apply, has been officially granted a patent from the U.S. Patent Office. U.S. Patent Number 11,089,031 for “Methods for switchable matrix barcodes for secure website access” encompasses technology that Versatile Credit has deployed to retailers across the country to help their shoppers apply from the safety and security of their own mobile device. […]
According to a recent study by Juniper Research the total number of QR code payment users will grow from 1.5 billion to 2.2 billion by 2025. […]
PYMNTs and American Express recently reported that “workers and customers have both become wary of exchanging cash and using physical cards to make purchases. Shoppers also want to get in and out of stores as quickly as possible […]
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Many states throughout the country have issued “Stay at Home” orders in response to the COVID-19 outbreak, and as the vast majority of our fellow citizens comply, that has motivated forward thinking retailers to re-evaluate their in-store experiences and interactions between customers, employees, and their physical storefronts […]
Recent events have led to unexpected business interruptions for many retailers. Consumers are staying at home, driving traffic away from physical brick-and-mortar locations to eCommerce sites, where growth rates are already rising by nearly 52% this year, according to Quantum Metric. This has led retailers to explore options to provide consumers with consistent shopping experiences both in-store and online, as well as ways to ensure the business continuity of their financing programs […]
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