PSQ Holdings has introduced Apple Pay and Google Pay onto its PDQ Payments platform, providing a secure mobile payment solution.
Following the launch of PSQ Payments, merchant partners have expressed a need for simplified mobile payment options. The company’s expansion aims to address these needs by enhancing its solutions and demonstrating its commitment to delivering merchant-focused services. Apple Pay and Google Pay were selected due to their global presence and ability to offer improved services like a smoother checkout process, especially on mobile devices.
Enhancing Mobile Payments in the Travel Industry
The integration with Apple Pay and Google Pay is designed to assist merchants in upgrading their sales processes for today’s tech-savvy customers. This move underscores PSQ’s dedication to expanding its services across various industries, helping partners reach a broader customer base that now expects one-click mobile payments.
This new solution has been adopted by travel industry merchants, who support mobile-first transactions and easy payment methods. The partnership with the launch client marks an important platform expansion outside of outdoor recreation and Second Amendment merchant communities. In sectors such as travel, transaction speed and convenience are crucial for completing purchases. With Apple Pay and Google Pay, PSQ Payments aims to provide a straightforward experience on smartphones, potentially lowering cart abandonment rates and boosting conversion.
Apple Pay has seen significant adoption with over 90% of US retailers accepting it at checkout. Similarly, Google Pay is experiencing substantial global growth. More than 50% of US smartphone users currently use mobile wallets for transactions, a figure that’s projected to rise to 70% by 2026. The trend towards mobile payments is driven by efficiency, ease of use, and convenience, as transactions are up to 23% faster compared to traditional methods, reducing cart abandonment rates. In the travel and hospitality sectors, these types of payments play a crucial role in successful sales, with over 65% of bookings originating from mobile devices.
