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The phrase "as a payment solution" is correct and usable in written English.
You can use it when discussing methods or systems for processing payments in various contexts, such as business, finance, or technology.
Example: "Our company is exploring new technologies as a payment solution to enhance customer experience and streamline transactions."
Alternatives: "as a method of payment" or "as a payment method."
Exact(7)
So just sticking it in doesn't work". NFC (which has uses beyond mobile payments) is being backed in the US as a payment solution by Isis, a mobile wallet joint venture in the US between Verizon Wireless, AT&T and T-Mobile on the carrier side, and financial companies including American Express, JPMorgan Chase and Capital One Financial.
There are a number of companies who are experimenting with using biometrics as a payment solution.
Granted NFC is used in some countries as a payment solution but as a general, catch-all system for close data transfer, it's a dud.
Alipay was created as a payment solution for online shopping and has become the dominant player on the Chinese market with $519 billion processed in 2013, which accounts for more than double the value of goods sold through Alibaba.
The relative high costs of PCs (five months of wages for the average earner) and lack of credit cards create fertile ground for wireless Internet appliances, like mobile phones, that offer a cheap, convenient alternative for data access as well as a payment solution.
Given this demonstrable volatility, will influencers accept bitcoin as a payment solution?
Similar(53)
However, in a possible future commercial solution, this might be solved as part of a payment solution.
Not convinced (as evidenced by what looks like to be happening with Vivotech) that NFC will succeed (at all) as a payments solution – folks like Square (who do not rely on the technology) will dominate the payments space.
I think the payments piece alone is cool and the info sharing piece is borderline scary but what I really zeroed in on is what this could mean as a payments solution that benefits the check-in concept.
eFounders is also working on a sort of Squarespace for your backoffice as well as a B2B payment solution.
In the next step, a management-tool helps marketers to control advertising-campaigns in every step – giving marketers the possibility to communicate with sports influencers as well as an integrated payment solution.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com