Mobile payments

Showing Latest Mobile payments

Reserve Bank of India shuts down Paytm operations

31 Jan 24 @ 16:56

The Reserve Bank of India (RBI) has imposed restrictions on Paytm, which effectively bars the platform from onboarding new customer, and limiting the ability of current users for sending or... read more

Card networks preferred over Banks for Super App delivery

23 Jan 24 @ 18:14

As apps and connected devices increasingly take centre stage in consumers’ lives, the appetite for a single app that seamlessly integrates banking, shopping and personal activities, the so called Super... read more

Africa’s next wave – driving financial inclusion

22 Jan 24 @ 17:55

Despite a long-standing focus on driving financial inclusion and increasing the banked population, Payments Cards & Mobile Managing Editor James Wood argues African governments need to do more to enable... read more

Apple bows to EU regulatory pressure and opens up Apple Pay

19 Jan 24 @ 17:52

Under intense pressure from the EU regulator and facing the potential of a hefty fine, Apple has agreed to let third-party mobile wallet and payment services in Europe use free... read more

UPI selects Google to take digital wallet global

17 Jan 24 @ 18:23

The National Payments Corporation of India has selected Google Pay as part of its strategy to take India’s digital wallet system, the Unified Payments Interface (UPI), to global markets. The... read more

State of Mobile 2024: Consumers embrace mobile for finance

15 Jan 24 @ 16:53

The mobile market turned the tide in 2023 driven by the creator economy and subscriptions and is looking stronger than ever entering 2024. data.ai’s State of Mobile 2024 Report reveals that mobile... read more

MTN targets 50% of Africa’s mobile wallets with Ericsson deal

09 Jan 24 @ 13:44

MTN Group have strengthened their partnership with Ericsson to enhance mobile wallet and financial services and financially empower millions of citizens across Africa. The partnership is set to broaden the... read more

Banking super apps: knocking the competition for six

08 Jan 24 @ 20:07

As we write about Elon Musk’s plans for X and the future of Open Banking in Europe, news reaches Payments Cards & Mobile of an alternative to either the social... read more

Mobile payments – Could the winner take it all?

21 Dec 23 @ 16:46

As Open Banking stumbles and consumers increase their digital footprint, mobile payments could end up dominating the landscape. James Wood considers opportunities and risks in money on the move. There... read more

Major European mobile payment solutions agree interoperability deal

20 Dec 23 @ 10:03

Bizum (Spain), BANCOMAT (Italy) and SIBS (Portugal), three leading mobile payment companies in their respective markets, have signed a Letter of Intent to implement the interoperability. This agreement aims to... read more

Phygital: The future of experience

19 Dec 23 @ 18:27

The emergence of the ‘phygital’ concept has become a game-changer in the business world. In the current business landscape, the Covid-19 pandemic disrupted physical interactions and supply chains, prompting the... read more

The 3 challenges that could end Musk’s X factor dream

18 Dec 23 @ 17:45

In 1999, a then-unknown Elon Musk purchased the web domain x.com and set about building his vision for an internet-only bank. While said bank didn’t materialise, the site eventually morphed... read more

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Visa turns the card into an identity credential

12 May 26 @ 15:44

Visa has launched a new tap-based authentication technology that could reshape how banks verify customers in mobile banking environments. [caption id="atta... more

FCA probes Paypal, Mastercard and Visa competition

07 May 26 @ 16:30

The UK’s Financial Conduct Authority has opened a competition investigation into PayPal, Mastercard and Visa, examining whether commercial arrangements linked... more

Bank of England Warns DLT Complexity in Settlements

18 May 26 @ 17:07

The Bank of England has found that distributed ledger technology could improve aspects of wholesale payments and settlement, but only at the cost of significant... more