DCR’s Favourite Payment Industry Posts of July 2017

payment industry

Here are some of our favourite payment industry posts for the month of July 2017.

Cashless, Cardless, Seamless: The Future of Mobile Payments in Canada
“Smartphones have replaced Canadians’ maps, alarms, translators, and personal trainers. Are wallets next? Here’s a look at how Canadian consumers are using their phones to pay today and what they want from mobile wallet technology in the future.”

Future Trends: New Market Opportunities For Prepaid
“As the prepaid industry continues to grow, near-term, new-market opportunities will come from all three major sectors–direct-to-consumer, commercial, and government programs—as well as from the development of new technologies that will require payments.”

How A Prepaid Incentive Program Can Increase Employee Retention
“Is your company looking to launch a new prepaid program? If so, you might have some questions. DCR Strategies Inc. is a world leader in the prepaid card and loyalty market. We strive to offer the most innovative prepaid and loyalty solutions for all types of business. Check out our questions and answers inside.”

12 Industries That Can Increase Retention Through Prepaid
“Increasing customer retention rates by just 5% increases profits by 25% to 95%. (Bain & Co). Keeping your customers happy– and coming back — is integral for any company, in any industry. The question, then, is “how can I build a long-lasting relationship with my consumers?” The answer is: by rewarding them for their continued business.”

Different Kinds Of Prepaid Cards In Canada
The global prepaid card market is expected to reach $3,653B globally by 2022. Check out the different kinds of prepaid cards in Canada here with this infographic, provided by CPPO.

The Rise of Digital And Contactless Payments Around The World
“It’s estimated that by 2020 almost 1 in every 2 dollars spent online will come from purchases made using mobile devices (TMG). Gartner Group estimates 6.4 billion connected things were in use worldwide during 2016. That’s an increase of 30 percent from just one year prior. The firm expects that number to more than triple, growing to nearly 21 billion devices by 2020.”

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