Mobile payments

Showing Latest Mobile payments

UK consumers abandon e-commerce purchases due to lack of alternative payment methods

13 Sep 18 @ 10:00

Online retailers are continuing to lose out on sales by failing to address customers’ preferred alternative payment methods. According to new research, 67% of UK consumers have abandoned an online... read more

SoftBank launch PoC for cross-carrier blockchain-based mobile payments service

12 Sep 18 @ 14:52

SoftBank, Synchronoss and TBCASoft have announced that they have partnered on a Proof of Concept (PoC) for a new cross-carrier mobile payments service based on the Rich Communications Service (RCS) global messaging standard... read more

Mobile payments driving retail e-commerce sales worldwide

11 Sep 18 @ 11:53

In 2017, retail e-commerce sales worldwide reached $2.304 trillion, a 24.8% increase over the previous year. Mobile payments were a key factor, as m-commerce sales totalled $1.357 trillion, making up... read more

PayPal still going strong as it moves past 250 million active accounts

11 Sep 18 @ 10:00

PayPal announced that it now has more than 250 million active customers using its payment services. It has taken the firm just over 18 months to get to that goal since it... read more

Open Banking publishes Open Banking Standards version 3.0

07 Sep 18 @ 16:07

The Open Banking Implementation Entity (OBIE) has announce the publication of the Open Banking Standards, version 3. This update builds significantly on the version of the Standards that launched in... read more

Alternative payments outnumber traditional payment methods in APAC e-commerce market

03 Sep 18 @ 12:16

Alternative payments methods such as mobile and digital wallets are steadily displacing traditional payment methods such as cards, bank transfers and cash/cheques in the Asia-Pacific (APAC) e-commerce market. GlobalData forecasts... read more

Complexities of the German payments market – could mobile payments become meaningless?

28 Aug 18 @ 11:43

Instead of counting notes and coins or entering a PIN, mobile payments on smartphones have the potential to become a popular method of payment in Germany. Google Pay is already... read more

Samsung Pay global expansion packs punch as it surges past 1.3 billion transactions

27 Aug 18 @ 10:08

Samsung has celebrated the third anniversary of its mobile payment platform, Samsung Pay. Originally launched in South Korea on August 20, 2015, Samsung Pay has experienced significant global growth and... read more

Report: Consumer adoption of retailer mobile shopping apps and wallets doubles

24 Aug 18 @ 11:59

As mobile shopping continues to grow, consumers are downloading retailer’s mobile apps at double the rate of years past and conducting more in-app purchases, according to new findings from Synchrony. As... read more

Invisible banking is in plain sight – here’s what to do about it

23 Aug 18 @ 13:59

In today’s mobile world, financial institutions are working hard to give their digital offerings an overhaul. They are under pressure from several key factors to do so: firstly, because of... read more

Alternative payments crucial to bringing omni-channel shopping in store

23 Aug 18 @ 12:08

While the phrase ‘time is money’ may seem clichéd, it is becoming increasingly relevant as technology-savvy but busy consumers turn to the Internet and alternative payments to make shopping faster... read more

SMART Payments: Step 1 – Simplify payment complexity

23 Aug 18 @ 11:44

The race to digital is rattling the payment ecosystem with more choice for consumers adding complexity across the payment value chain – from merchants to consumers and everyone in between.... 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