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Share Name | Share Symbol | Market | Type |
---|---|---|---|
ACI Worldwide Inc | NASDAQ:ACIW | NASDAQ | Common Stock |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
0.38 | 1.11% | 34.48 | 34.42 | 34.46 | 34.86 | 33.95 | 34.56 | 134,690 | 16:00:12 |
Despite safety of digital wallets, only seven percent of Americans prefer to use a mobile app for payments
Over six in ten (62%) U.S. adults are concerned with the security of their financial data when paying at fuel pumps and convenience stores, according to an online survey of 1,270 adults by YouGov and ACI Worldwide (NASDAQ: ACIW), a leading global provider of real-time electronic payment and banking solutions. The study, which surveyed shopping and payment habits of Americans at grocery stores and fuel and convenience stores, also noted that few respondents (7%) prefer to pay with a mobile app at fuel and convenience stores. Yet, of those who have used a mobile app (10%), four in five (83%) are satisfied with their experience – in terms of speed and convenience.
“Skimming devices at gas pumps are frequently used to steal consumers’ financial data, hence the high level of concern with data security at gas pumps,” said Benny Tadele, vice president, Merchant Solutions, ACI Worldwide. “However, few consumers are aware that digital wallet payments are not only faster and easier, but they are generally more secure than traditional methods of payment.”
Other key findings and trends include:
Fuel & Convenience
Grocery Store
“As Gen Z continues to gain purchasing power, retailers and merchants need to consider offering digital wallet payments as an option or be left out,” Tadele continued. “By addressing security through tokenization, point-to-point encryption and fraud prevention and detection tools, merchants are increasing consumers’ confidence in using these convenient channels of payment.”
MethodologyAll figures, unless otherwise stated, are from YouGov Plc. Total sample size was 1,270 adults. Fieldwork was undertaken between March 12-13, 2019. The survey was carried out online. The figures have been weighted and are representative of all US adults (aged 18+). Generations were defined as follows: Millennial (born 1982-1999, 343 total), Gen X (born 1965-1981, 350 total), and Baby Boomer (born 1946-1964, 439 total).
About ACI WorldwideACI Worldwide, the Universal Payments (UP) company, powers electronic payments for more than 5,100 organizations around the world. More than 1,000 of the largest financial institutions and intermediaries, as well as thousands of global merchants, rely on ACI to execute $14 trillion each day in payments and securities. In addition, myriad organizations utilize our electronic bill presentment and payment services. Through our comprehensive suite of software solutions delivered on customers’ premises or through ACI’s private cloud, we provide real-time, immediate payments capabilities and enable the industry’s most complete omni-channel payments experience. To learn more about ACI, please visit www.aciworldwide.com. You can also find us on Twitter @ACI_Worldwide.
© Copyright ACI Worldwide, Inc. 2019ACI, ACI Worldwide, the ACI logo, ACI Universal Payments, UP, the UP logo and all ACI product/solution names are trademarks or registered trademarks of ACI Worldwide, Inc., or one of its subsidiaries, in the United States, other countries or both. Other parties' trademarks referenced are the property of their respective owners.
Product roadmaps are for informational purposes only and may not be incorporated into a contract or agreement. The development release and timing of future product releases remains at ACI’s sole discretion. ACI is providing the following information in accordance with ACI's standard product communication policies. Any resulting features, functionality, and enhancements or timing of release of such features, functionality, and enhancements are at the sole discretion of ACI and may be modified without notice. All product roadmap or other similar information does not represent a commitment to deliver any material, code, or functionality, and should not be relied upon in making a purchasing decision.
View source version on businesswire.com: https://www.businesswire.com/news/home/20190415005418/en/
Dan RingE-mail: dan.ring@aciworldwide.comPhone: 781-370-3600Nidhi AlbertiE-mail: nidhi.alberti@aciworldwide.comPhone: 781-370-3600
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