Mobile payments

14 Feb 19 @ 21:28

Ant Financial has finally managed to make its mark in a significant European first. The Chinese financial services giant has agreed to buy UK payments group WorldFirst in a deal... read more

12 Feb 19 @ 16:58

Travelling abroad is no longer a luxury for many Chinese citizens as they are now enjoying rising incomes and better living standards. According to the latest statistics from the China... read more

08 Feb 19 @ 13:18

Societe Generale, one of Europe’s largest banks with operations across the world, has selected HPS to improve the payment processing activities for ten African subsidiaries. By migrating to HPS’ technology,... read more

05 Feb 19 @ 09:00

The development of the Chinese payments industry in recent years has been breathtaking. Here are a few proof points: China’s mobile payments sector dwarfs the US. In 2017, China saw... read more

04 Feb 19 @ 09:37

Curve says it is considering legal action against American Express after the card network blocked its customers from using Curve’s services this week. Curve enables users to load all of... read more

31 Jan 19 @ 12:31

Alternative payment methods such as mobile wallets and digital wallets are steadily gaining ground over more traditional payment methods such as cards, bank transfers and cash in the Asia-Pacific (APAC)... read more

31 Jan 19 @ 12:04

Payment Service Providers are pushing to implement their PSD2 Strong Customer Authentication (SCA) solutions ready for the September deadline. But of course it’s not just them that will be affected... read more

29 Jan 19 @ 14:14

Two-thirds of consumers will abandon mobile shopping transactions out of principle if the process is too difficult, according to latest research. The study of 2,000 UK adults on their mobile... read more

28 Jan 19 @ 17:13

A year ago, Amazon opened a cashierless store called Amazon Go, marking its biggest effort yet to change the way people shop in the physical world. Today a host of other... read more

28 Jan 19 @ 16:55

Zelle has continued to gain traction with users and financial institutions, indicating that there is plenty of room for growth still in the US P2P payments market. Early Warning Services,... read more

25 Jan 19 @ 10:56

Central Bank of Kenya (CBK) data shows that mobile money transactions stood at Sh3.98 trillion ($38.5 billion) last year, having increased by Sh346 billion (10%) from 2017. This translates to... read more

23 Jan 19 @ 11:57

Across the 33 countries covered in the European Payments Yearbook, cards in issue (+3.2%), and POS terminals by number (+7.3%) showed remarkable growth rates again while the ATM terminal estate... read more