Mobile Wallet

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Credit Card Issuers: Reviving the relevance of the credit card business

05 Mar 20 @ 16:46

At first glance, the credit card market looks healthy. In 2018, the average return on assets (ROA) for credit card issuers was 3.8%, more than twice the average ROA of... read more

Global Payments Report: North America payment trends

04 Mar 20 @ 16:48

North America has traditionally been a global innovator, consistently at the forefront of payment technology as well as retail and financial services. The region has relied heavily on the stability... read more

Mobile money accounts now higher than total Kenyan population

04 Mar 20 @ 12:48

It has been reported that Kenya has 58.4 million mobile money subscribers – more than the total population of Kenya. According to the 2019 census data, the country has 47.5... read more

Global Payments Report: Digital wallets account for 22% of global POS spend

03 Mar 20 @ 14:44

FIS has launched its annual Global Payments Report. Over the next few days PCM will bring you highlights broken down into regions with the most interesting analysis and statistics presented... read more

Digital payments – The next revolution in payments gathers pace…

03 Mar 20 @ 12:24

A love affair between consumers and their mobile phones is leading to explosive growth in new digital payments across Europe. More and more consumers are shopping across borders online and... read more

eBay set to begin managing its own payments in the UK

02 Mar 20 @ 17:25

As part of modernising its marketplace and creating a more streamlined experience for customers, eBay is expanding its management of payments to the UK. As part of the rollout this... read more

Global mobile wallet market value set to reach $1 trillion in 2020

26 Feb 20 @ 11:29

According to new data, the entire mobile wallet market is set to become a $1 trillion worth industry in 2020, growing by a massive 36.5% year-on-year. The strong rising trend... read more

Apple Pay set to account for 10% of all global card transactions by 2025?

21 Feb 20 @ 16:11

Apple’s mobile wallet is growing very fast and taking a chunk of card payments around the world with it. Apple Pay accounts for about 5% of global card transactions and... read more

Global technology companies face probe into deals going back a decade

20 Feb 20 @ 11:14

Amazon, Apple, Alphabet, Facebook and Microsoft are facing a new wave of scrutiny over whether they stifled competition by buying up smaller rivals. The Federal Trade Commission has asked the firms... read more

Rapyd and Visa team to drive adoption of FinTech services

19 Feb 20 @ 09:34

Rapyd announced a new agreement with Visa that will help Rapyd expand its worldwide business operations. Rapyd will collaborate with Visa to offer FinTech and payment  services where both firms... read more

Digital payments – The next revolution in payments gathers pace …

14 Feb 20 @ 16:14

The love affair between consumers and their mobile phones is leading to explosive growth in new digital payments across Europe. More and more consumers are shopping across borders online and... read more

Macropay launches specialist platform for local and alternative payments

13 Feb 20 @ 16:52

Macropay has announced the launch of a proprietary platform for local and alternative payments which it has developed in-house to strict global standards. The new platform enables thirteen different local... read more

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Wero expands into Austria as Europe’s payments ambitions gather momentum

23 Jun 26 @ 18:52

The European Payments Initiative (EPI) has secured a significant boost to its ambitions of creating a pan-European payments network, with Austria’s largest ba... more

Major UK Banks unite to develop digital verification service

30 Jun 26 @ 07:05

Barclays, HSBC, Lloyds Banking Group, Nationwide Building Society, NatWest Group and Santander UK are working with UK Finance in the development of a voluntary ... more

Legacy infrastructure leaves Banks unprepared for real-time

06 Jul 26 @ 20:34

European banks risk falling behind in the race towards real-time payments and faster securities settlement unless they accelerate investment in automation and m... more