Mobile payments

Showing Latest Mobile payments

World Payments Report 2014

30 Sep 14 @ 14:22

Non-cash payments volumes are expected to grow 9.4% to reach 366 billion transactions in 20131, fueled by strong growth in developing markets and the use of credit (up 9.9%) and... read more

Mobile devices increasing opportunity for payment fraud

29 Sep 14 @ 15:00

As more consumers and employees use their smartphones and tablets, the risk of payment fraud stemming from those devices increase for small- and medium-sized businesses, warns a new report from... read more

Samsung Smartwatch to use PayPal mobile payments

29 Sep 14 @ 12:00

Samsung says it will partner with PayPal to offer mobile payments in the next edition of its Galaxy Gear smartwatch. The Korean manufacturer appears to be following in the footsteps of... read more

Yaap P2P payments via mobile ‘Money’ app

18 Sep 14 @ 09:00

Yaap, the joint-venture between CaixaBank, Banco Santander and Telefónica, has releases Yaap money – a mobile app that facilitates the secure transfer of P2P payments instantaneously between users’ mobile phones.... read more

Amazon kills P2P payments service

17 Sep 14 @ 12:09

Amazon shut down its WebPay service, saying that the P2P money transfer service is not good enough to keep going. For several years, WebPay has let Amazon Payments users send,... read more

Mobile commerce worth $516 billion by 2017

12 Sep 14 @ 12:44

Mobile commerce will drive an estimated $516 billion in sales over the next three years, accounting for more than 70% of all mobile Internet revenue. That is the prediction of... read more

Apple Pay explained

10 Sep 14 @ 11:19

A nice, neat explanation of the salient points of Apple Pay: User: iTunes account with Visa or MasterCard or Amex card on file and issued by the most popular banks,... read more

Has Apple underwhelmed with Apple Pay?

10 Sep 14 @ 09:38

The concept of mobile payments, mobile money, and mobile wallets has been around for some time and many major companies have had a go at it. Some progress has been... read more

Money-On-Mobile surpasses 100 Million unique users in India

09 Sep 14 @ 16:01

Calpian has announced that for the month ending August 31, 2014, its Mumbai-based subsidiary Money-On-Mobile has been accessed by more than 103 million cumulative unique users since its inception with... read more

Amex struggles with mobile payments

09 Sep 14 @ 12:58

A top executive at American Express has acknowledged that the firm’s efforts to engage consumers with mobile payments have so far been a failure – however, as PCM notes, they... read more

Vodafone launches mobile payments with Visa in UK

08 Sep 14 @ 12:48

Vodafone, in partnership with Visa, is developing a new mobile payments system that will allow users to complete contactless payment via NFC enabled SIM cards. Vodafone and Visa have previously... read more

Apple agrees interchange fee rebates for m-payments

05 Sep 14 @ 14:53

Ahead of the launch of the iPhone 6 next week, tech giant Apple has reportedly negotiated deals with several US issuers to give Apple back a portion of card-present interchange... 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