The bidirectional communication feature of the wireless technology allows for the development of control measures to be implemented.
This is South Africa's first virtual payment solution.
Most consumers would rather deal with human beings than digital channels to solve customer services issues.
According to a SQS whitepaper, a staggering 79.4 million US consumers are expected to make purchases using a mobile device.
The company's awards aims to recognise outstanding South African tech and e-commerce businesses, and contributions to the industry.
Even today's best-in-class consumer goods retailers and manufacturers require a deeper, multidimensional understanding of their customers, says KPMG.
E-commerce merchants and financial institutions will be investing heavily in online fraud detection solutions over the next five years.
The use of MPOS systems will account for more than one in three point-of-sale terminals by 2021, says Juniper.
Pick n Pay and Mr Price's online sales grew strongly over the past year, in a market that analysts say is growing at over 20% each year.
All age groups agree that quick free delivery is the number one benefit of shopping online, says TFG.
Arch Mobile scans receipts that have been issued by the cash registers at the security checkpoint before allowing the clients to exit the store.