Mobile payments

Showing Latest Mobile payments

PayPal beats off Visa and Mastercard to obtain first Chinese payments licence

01 Oct 19 @ 07:57

PayPal has beaten off competition for payments giants Visa and Mastercard to become the first foreign company to acquire a payments licence in China. PayPal obtained the license through the... read more

American Express launch Open Banking product enabling consumers to pay by bank transfer

30 Sep 19 @ 17:51

American Express says it will launch an Open Banking based product that will enable UK consumers to pay for goods and services online directly from their bank account. Pay with... read more

UK m-commerce soars 141% in a year as consumers turn to smartphones

27 Sep 19 @ 08:35

M-commerce and the use of smartphones for online shopping in the UK has skyrocketed by 141% in 12 months, research by Feefo has found. By contrast, the use of laptops and desktops... read more

Bringing contactless to e-commerce – The answer to SCA

24 Sep 19 @ 15:15

On the 14th September, the EU formally introduced its Strong Customer Authentication (SCA) regime as part of the PSD2 roll out. Whilst this regulation aims to ensure greater security for... read more

Ant Financial – the world’s most valuable private FinTech – heads for IPO

24 Sep 19 @ 08:34

Ant Financial is the world’s most valuable private FinTech company, and grew out of Alipay, the payments system founded by Alibaba in 2004. It also owns Yu’e Bao, the world’s... read more

65% of banks struggling with payment profitability

24 Sep 19 @ 08:19

Based on a global survey of senior executives at the world’s top-tier banks, a new report from Aite, reveals that high costs, low margins and increasingly commoditised business models are... read more

The World Payments Report 2019

18 Sep 19 @ 09:33

According to the World Payments Report 2019, which tracks and analyses non-cash transaction volume, regulatory and industry initiatives, and digital transformation across the global payments market, global non-cash transactions are... read more

Report: Banks risk losing $280 billion in payments revenue by 2025

17 Sep 19 @ 09:03

As much as 15% of banks’ global payments revenue, or $280 billion, is likely be displaced by the growth of digital payments and competition from non-banks, as payments become more... read more

Millennials pushing shift from credit to debit and digital wallets

13 Sep 19 @ 09:32

Young people in the UK have become “credit-averse”, according to a major study of shopping and spending habits conducted by YouGov. Instead, they are increasingly hungry for innovations like digital... read more

Report: The global rise of digital goods and services

12 Sep 19 @ 17:31

Fiserv has released a new study, “The Global Rise of Digital Goods and Services,” which finds that nearly three quarters (74%) of online purchases worldwide are for digital goods and... read more

Nissan joins in-car payments trailblazers with Brazilian roll-out

12 Sep 19 @ 16:53

Following on from recent announcements by BMW and Daimler in the automotive payments arena Sem Parar, a subsidiary of Fleetcor, has partnered with Nissan in Brazil for in-car payments. Under... read more

Paypal continues dominant growth but can it be sustained?

06 Sep 19 @ 11:31

Since being shown the door by eBay back in 2018, PayPal, once the most innovative digital payments companies in the world has continued to perform well and dominate the space... read more

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ECB brings Central Bank money to tokenised market

23 Sep 26 @ 14:34

The European Central Bank has taken a significant step towards integrating distributed ledger technology with Europe’s core financial infrastructure, launchin... more

European E-commerce Hits €911bn as Payments Reshape Online Retail

21 Sep 26 @ 19:41

European e-commerce has broken through the €900bn barrier, underlining the growing importance of digital retail to the continent's economy while intensifying ... more

Inside A7: How Russia built a parallel cross-border payments network

24 Sep 26 @ 16:29

Russia’s attempts to circumvent Western financial sanctions have developed into a sophisticated parallel payments architecture combining traditional banking, ... more