Mobile payments

Showing Latest Mobile payments

Tokenization for mobile payments and mobile wallet services

16 Oct 14 @ 10:20

MasterCard and Visa has recently released the technical specifications for tokenization. Tokenization is the next generation security for mobile cloud based payments and other secure mobile services. “We started the... read more

SIA launches mobile money service

15 Oct 14 @ 14:26

Italian payment processor SIA has launched a SEPA-compliant smartphone-based mobile money transfer service, enabling users to send and receive money in real time to and from their phone contacts. The... read more

Kotak Mahindra offers Facebook mobile money transfers

15 Oct 14 @ 14:23

Indian bank Kotak Mahindra (KMB) has unveiled a mobile money transfer service enabling Facebook users to make funds transfers to each other. The KayPay application utilises India’s Immediate Payment Service... read more

Japanese social media network Line moves into payments

15 Oct 14 @ 14:17

Japanese social media messaging network Line has entered the payments market with a service for both online and in-store transactions. Line, which has 560 million registered users worldwide, will enable... read more

ASB and BNZ to launch New Zealand mobile wallet

13 Oct 14 @ 17:42

New Zealand banks ASB and BNZ are to launch a live pilot of a domestic  mobile wallet developed by NFS NZ, a joint venture company established by the country’s leading... read more

Mobile money transfer gains momentum

10 Oct 14 @ 11:00

As mobile money transfer services like Pingit and Paym gain traction, how will mobile remittances help drive mobile commerce? With all the focus on mobile payments and wallets, and the... read more

Mobile payments, Smartphones, Smartwatches and wearable tech as new ways to pay

09 Oct 14 @ 11:33

PayPal Canada has released the findings of a national study that shows Canadians are keen to embrace future-forward mobile payments options like wearable devices and smartwatches. The study provides insight... read more

Facebook testing mobile payments on Messenger app

08 Oct 14 @ 11:56

Facebook is apparently testing a new feature on its Messenger app that would allow users to send each other money, despite the failure of Facebook Credits. According to screenshots that... read more

UK’s leading retailers to bring mobile payments to millions via Zapp

08 Oct 14 @ 11:36

UK mobile payment provider Zapp has announced a wide range of retail partnerships across a range of sectors like Asda, Sainsbury’s, House of Fraser, Thomas Cook and Shop Direct (including... read more

Equity Bank challenges M-Pesa with Thin SIM technology

07 Oct 14 @ 15:35

Kenya’s Equity bank is aiming to challenge mobile money transfer giant M-Pesa with the release of an ultra-thin smart SIM enabling users to access the bank’s mobile money service without... read more

mPOS player Square raises $150 million funding

07 Oct 14 @ 15:32

mPOS player Square has raised $150 million in a funding round, led by the Government of Singapore Investment Corporation. The funding round values Square at $6 billion. Existing investors Goldman... read more

Major European MNO’s extend carrier billing via e-money partnership

02 Oct 14 @ 12:30

Boku, having secured a European e-money license, is partnering with three of the UK’s leading wireless operators to expand carrier billing capabilities into the fully-regulated mobile payments market. Boku is... 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