Friday, January 29, 2016

BRotD - Entry 0240 Mobile Loyalty as Currency

Best Reading of the Day

Great little article over on Mobile Commerce Daily regarding the future of mobile payments.  Is it all about loyalty?  Maybe.

http://www.mobilecommercedaily.com/why-loyalty-points-may-become-mobile-wallets-primary-currency

Here is a snippet from the piece:

The staying power of consumers’ wariness regarding security and digital wallets has prompted a slew of brands to enable customers to make mobile purchases using loyalty points, a trend likely to catch fire in 2016.

As the perception of mobile security continues to be a hotly-contested topic by consumers and experts alike, brands are seeking out ways to fuel digital wallet adoption and in-application purchases. One way of surmounting consumer dissent about mobile wallets is to ensure that loyalty plays a starring role in completing transactions.

Happy Reading,

J.W. Gant

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