14 Oct 24 @ 14:08

A new white paper from Boston Consulting Group outlines the significant strides Apple has made in the payments industry, including its decision to discontinue Apple Pay Later and focus on... read more

23 Aug 24 @ 14:19

PayPal is preparing to capitalise on Apple’s recent decision to open up its NFC capabilities to third-party developers in the European Union. This move could allow PayPal to develop its... read more

11 Jul 24 @ 16:51

The European Commission has made commitments offered by Apple with regards NFC on iPhones legally binding under EU antitrust rules. The commitments address the Commission’s competition concerns relating to Apple’s refusal to grant... read more

31 May 24 @ 10:09

Four years ago, the Brazilian Central Bank introduced an instant payment scheme called Pix, the initiative has experienced remarkable growth since its inception. To learn more about the latest updates,... read more

13 Mar 24 @ 17:45

In 2023, Nexi recorded an 88% increase in the value of in-store mobile payments transactions via smartphone and smartwatch in Italy, new data reveals. According to further data released by... read more

10 Jan 24 @ 17:03

After much stuttering and starting it seems like the European Payments initiative – EPI – is starting to get its act in gear. In July 2020 the European Central Bank... read more

23 Aug 23 @ 13:16

China’s digital yuan transactions reached 1.8 trillion yuan ($250 billion) at end Q2 2023, announced Yi Gang, Governor, People’s Bank of China at a conference in Singapore. This was 18... read more

15 Dec 22 @ 09:30

A new study has found that the total number of unique contactless mobile payment users will reach 1 billion globally by 2024; rising from 782 million in 2022, representing a... read more

12 May 22 @ 14:45

Google is rumoured to be bringing back its Google Wallet product in some form after it made the app part of Google Pay, along with images of the new app... read more

07 Feb 22 @ 15:00

In 2019, mobile wallets overtook credit cards to become the most widely used payment type globally. In 2020, the COVID-19 pandemic became another accelerant of the continued digitization of the... read more

27 Jan 22 @ 12:39

Apple is rumoured to be launching a new SoftPOS service that will let small businesses accept payments directly on their iPhones without any extra hardware. The company has been working... read more

25 Jan 22 @ 15:06

Huawei has partnered with Curve – the financial app which combines all of your debit, credit and loyalty cards into one, smart card or NFC wallet – so Huawei customers can pay... read more

04 Nov 20 @ 12:39

Two major technology firms have further consolidated their position in China’s mobile payments market as the ongoing pandemic accelerates the consumer shift toward digital platforms. Ant Group, who’s plans to... read more

21 Sep 20 @ 12:53

It has been reported by Bloomberg that The European Union is considering new rules that would require Apple Pay to give competitors access to payments technology inside its phones. The... read more

20 Aug 20 @ 13:03

The contactless payment market size exceeded $40 billion in 2019 and is estimated to grow at 15% CAGR from 2020 to 2026. The global industry shipments are projected to reach... read more

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

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

26 Nov 19 @ 09:00

The financial inclusion wallet SmartPay has acquired over 250,000 wallet app users and 3,000 merchants across Vietnam in just half a year after its launch. Merchants who have been joining... read more

04 Sep 19 @ 07:45

As PCM has reported recently, 40% of European banks will not be compliant with the PSD2 regulatory technical standard (RTS) on Strong Customer Authentication (SCA) by the 14th September deadline.... read more

04 Mar 19 @ 12:42

Driven by contactless card payments and by increased card usage, in 2017 the number of card payments continued to grow across the 33 countries covered by our PCM’s Payment Card... read more