Mobile payments

Showing Latest Mobile payments

Contactless payment transactions to reach $6 trillion 2024

11 Feb 20 @ 19:31

New data forecasts that global contactless payment transaction values will reach nearly $6 trillion in 2024, up from $2 trillion in 2020. The data found that this increase will be... read more

WhatsApp Pay sets sights on national roll-out in India

10 Feb 20 @ 17:10

The National Payments Corporation of India (NPCI) has granted permission to WhatsApp Pay, which will cater to 10 million users in India, close to two years after the company’s pilot run.... read more

Visa planning big changes to its interchange fee structure

05 Feb 20 @ 17:00

Visa is reported to be planning a complete overhaul of its interchange fee structure that merchants pay to accept its cards, hoping to persuade more people to abandon checks and... read more

Biometric authentication of mobile payments to surge 1,000% to $2.5 trillion

05 Feb 20 @ 15:03

According to a new report, biometric authentication will be used to secure $2.5 trillion worth of mobile payment transactions by 2024, an increase of almost 1,000% on the $228 billion... read more

European card payments growth slows to 2.7% as digital payments start to bite

04 Feb 20 @ 10:14

Independent research conducted for the Digital and Card Payments Yearbooks suggests that account-to-account digital payments may be starting to replace card payments in some of the world’s most advanced payments... read more

Consumers ready for next-generation technology to improve retail experience

04 Feb 20 @ 08:44

Most shoppers are now ready and waiting for retailers to implement innovative payment methods and in-store technologies to improve their shopping experience. These findings are part of a global study... read more

93% of mobile transactions blocked as fraudulent in 2019

29 Jan 20 @ 17:15

In a fascinating report, 93% of total mobile transactions in 20 countries were blocked as fraudulent in 2019 according to a report on the state of malware and mobile ad... read more

Report: The future of payments – Cash survives … for now

29 Jan 20 @ 10:57

When people discuss the future of payments they tend to predict the end of cash. Not only do we think cash will be around for a long time, we see... read more

UK e-commerce market disappoints with low 6.7% growth in 2019

28 Jan 20 @ 16:21

UK e-commerce grew by a low 6.7% last year. This represents an all-time low in terms of growth rate. The discouraging growth rate is especially significant when you compare it... read more

German e-commerce market hits €72.6 billion in 2019

27 Jan 20 @ 10:01

The German e-commerce market  hit highs of €72.6 billion in 2019. This is an increase of 11.6% compared to the previous year’s figure of €65.1 billion including VAT. The growth... read more

New York City makes ruling against stores going cashless

24 Jan 20 @ 16:24

Following on from a ruling in Philadelphia in March 2019 and highlighting just how difficult it will be for society to go completely cashless, New York City Council approved legislation... read more

How the e-commerce market will shape up in 2020

22 Jan 20 @ 18:55

2019 was certainly a memorable year for the FinTech industry with the final implementation of the second Payment Service Directive (PSD2) and Strong Customer Authentication (SCA) continuing to set the... read more

Trending

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

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

E-commerce payments enter the age of managed complexity

11 May 26 @ 19:54

The global e-commerce payments market is no longer simply a story of digital adoption. It is becoming a test of operational control. [caption id="attachmen... more