Mobile payments

Showing Latest Mobile payments

European Union wins open access to Apple Pay from Apple

18 Dec 23 @ 13:38

In May 2022 Payments Cards & Mobile reported that The European Commission had accused Apple of abusing its market position for contactless payments via its digital wallet app Apple Pay. Now it... read more

Digital wallets emerge as the world’s leading way to pay

15 Dec 23 @ 12:08

According to the 2023 version of The Global Payments Report by Worldpay, digital wallets are both the world’s dominant payment method, and its fastest-growing. While debit and credit cards continue... read more

Consumers love phygital – and banks should respond…

12 Dec 23 @ 13:27

A new white paper from payment technology specialists Giesecke+Devrient reveals that the combination of physical and digital experiences is now the number one consumer preference for payments and banking across... read more

Amazon pulls the plug on Venmo partnership

11 Dec 23 @ 17:08

Amazon has informed PayPal that it will discontinue its use of Venmo as a payment service for purchases, only a year after adding the option. Amazon said it will no... read more

3 in 5 Americans expect all payments to become digital payments

01 Dec 23 @ 12:01

Three in five Americans (58%) expect all payments to be digital payments in the near future, rising to two thirds among millennials (67%), according to a new survey “Cashing in... read more

Super app showdown: Europe risks falling behind

24 Nov 23 @ 17:11

In recent years there has been a surge in the development of mobile applications, known as Super apps, which offer payment and financial transaction processing for personal and commercial life.... read more

Škoda introduce in-car payments with new Pay to Fuel service

22 Nov 23 @ 11:54

Škoda has become the second major car manufacturer to expand its in-car payments to include Pay to Fuel in collaboration with Parkopedia. The new Pay to Fuel service makes paying... read more

Irish banks pull plug on Synch mobile payment app

15 Nov 23 @ 17:57

In January 2021 four of Irelands largest banks joined forces to launch a mobile payment app, dubbed Synch, that they intended to promote to help fend off the threat posed... read more

Czech Banking Association launches Contact Payments

15 Nov 23 @ 09:54

Six banks have announced the launch of Contact Payments (Platby na kontakt), an initiative developed and supported by the Czech Banking Association, which hopes it will make it easier to... read more

Nordic Payments Report: Contactless is king

03 Nov 23 @ 14:27

Nordic countries continue to lead the world in their adoption of cashless payment methods, according to a new Nordic Payments Report. Cash use in the Nordics is the lowest in... read more

PayPal integrates Apple Wallet for In-Store and online payments

04 Oct 23 @ 15:58

PayPal has revealed that users can now add their PayPal and Venmo credit or debit cards to their Apple Wallet – a move that was announced last year as part... read more

Banking is becoming byte-sized with rise of emerging technologies

28 Sep 23 @ 12:06

Banks must harness disruptive technologies and create their own or actively participate in digital ecosystems to remain at the heart of the banking universe, according to a global Economist Impact... 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