Mobile payments

22 Aug 14 @ 10:52

The Mobile Payments Industry Workgroup of the Boston Federal Reserve has released the outcome of its May 2014 meeting on the state of the industry in the US and has... read more

21 Aug 14 @ 11:15

VeriFone Mobile Money and Airtel Africa, part of the Bharti Airtel Group, are teaming up to offer VeriFone Mobile Money’s merchant enablement applications for mobile ‘Tap n Pay’ services across... read more

20 Aug 14 @ 15:10

M-Pesa, the African mobile money phenomenon, will see its transaction fees for low-value payments being significantly reduced as its owner, Vodafone subsidiary Safaricom, prepares to fight competition from rival services... read more

20 Aug 14 @ 15:07

PayPal has launched a new mobile ap product, One Touch, for merchants and app developers. One Touch has been built in conjunction with eBay unit Braintree, and is modeled on... read more

19 Aug 14 @ 15:46

Top Image Systems, a provider of enterprise content management and business process management solutions, and a mobile imaging platform provider, has forged a long-term transaction-based deal with Allied Payment Network... read more

19 Aug 14 @ 15:35

mPOS player Square is extending its small business cash advance financing programme after securing investment from Victory Park Capital. The Square Capital programme is aimed at small businesses using its... read more

18 Aug 14 @ 15:34

European mPOS specialist SumUp has closed a double-digit million dollar Series C funding round led by Russian fintech venture capital fund Life.Sreda. Existing investors, including Groupon, BBVA Ventures and various... read more

15 Aug 14 @ 13:27

Payment processor Heartland Payment Systems has acquired Leaf, a US-based mPOS start-up. Financial terms of the deal were not disclosed. Heartland initially paid $20 million for a majority stake in... read more

12 Aug 14 @ 15:55

First Data has acquired Gyft, a platform offering a mobile app that allows consumers to organize, shop for, and send gift cards to others. Gyft’s service has expanded from a... read more

11 Aug 14 @ 11:53

Mobile proximity payments have to date proven lacklustre and despite hundreds of millions spent on developing these platforms, consumer take-up remains low. While the reasons for this are many, the... read more

11 Aug 14 @ 10:48

According to research by IDC, 1.5 billion smartphones will be in use globally by 2017 and consumers will be doing more than ever on them. As a result, more businesses recognise... read more

08 Aug 14 @ 13:53

Barclays has launched new functionality allowing mobile payments to India through its Pingit mobile payments service in the UK, opening it up to the largest remittance market between the UK and another... read more