Mobile payments

Showing Latest Mobile payments

Mobile commerce now accounts for one quarter of spending

11 Dec 18 @ 14:13

As online shopping continues to grow, especially through mobile commerce, the UK now has the lowest proportion of high street spending in Europe. According to new research by Mastercard, just... read more

SMART Payments: What have we learnt about best practice in mobile payments?

11 Dec 18 @ 10:37

Apple doesn’t release official figures. But earlier this year, CEO Tim Cook told professional Apple watchers that the total number of ApplePay transactions had passed the 1 billon mark in... read more

Amazon forges ahead with cashierless checkout increasing size of trial

10 Dec 18 @ 12:17

Amazon is continuing to push tests of its cashierless checkout technology for bigger stores with larger spaces and experimenting with the technology in Seattle. The technology functions well in a... read more

PayPal and iZettle takeover referred for deeper probe by competition watchdog

10 Dec 18 @ 10:55

The UK’s antitrust watchdog has referred PayPal’s takeover of Swedish startup iZettle for an in-depth probe over fears it will force up prices for customers and lead to a worse... read more

Report: Do we really want a cashless society?

05 Dec 18 @ 15:33

Travelex has released a study into attitudes towards cash and other payment technologies: Do we really want a cashless society? The study, which looks at cash and cashless technology usage in... read more

PPRO and Mastercard make alternative payments play with Pay by Bank app

05 Dec 18 @ 15:16

PPRO Group has partnered with Mastercard to integrate the Mastercard Pay by Bank app solution into the PPRO alternative payments platform for UK merchants. With mobile commerce having become the most... read more

Mobile payments account for 30% Cyber Monday and Black Friday sales

30 Nov 18 @ 17:10

The annual Cyber e-commerce saleathon saw nearly $8 billion in online sales, with a third of them made by mobile payments, according to new (and very well presented) data from... read more

European Central Bank launches instant payments service

30 Nov 18 @ 16:48

The European Central Bank says it will launch the first pan-eurozone instant payments service, with the primary aim of recouping some lost ground to US and Asian tech giants. The... read more

Venmo blacklists thousands of accounts as fraud losses mount

28 Nov 18 @ 16:50

It was only a few months ago that we published a report on the growth of P2P payments and what a success they were. Now teething pains have hit Venmo... read more

The rise of digital and mobile wallet: Global usage statistics from 2018

26 Nov 18 @ 18:31

In 2014, Apple launched their first mobile wallet app, followed by Samsung and Android a year later. By 2022, it’s estimated that the transaction value of mobile payment apps will... read more

Orange and MTN launch interoperable African mobile money service

23 Nov 18 @ 16:29

There are an estimated 690 million people who use mobile money services across the world, over 100 million of whom live in Africa. Now, Orange and MTN Group have launched... read more

Amazon reported to launch mobile wallet Amazon Pay

23 Nov 18 @ 16:16

Amazon is reported to be  planing to gear up its challenge to Apple Pay in the mobile-payments race with its own mobile wallet Amazon Pay. The e-commerce giant is working to... read more

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Revolut eyes an IPO, but the valuation story is the real headline

21 Apr 26 @ 14:35

Revolut is beginning to sound more like a future public market heavyweight than a fast-growing European fintech. Chief executive Nik Storonsky has said the com... more

American Express launches agentic commerce developer kit

16 Apr 26 @ 11:46

American Express is positioning itself early for what could become one of the next major shifts in digital payments: AI agents that do more than recommend produ... more

Banks to reinforce cyber defences as AI changes the threat model

22 Apr 26 @ 19:36

Banks are hardening their cyber defences as artificial intelligence begins to alter the economics of digital attacks. For financial institutions, the challenge ... more