On The Web

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Domains

EMarketer Apple Pay Forecast Estimates, US Mobile Proximity Payment Forecast Estimates

October 28 2019

• in
• Mobile Payments

“Apple Pay’s dominance, as well as increasing retailer adoption of proximity mobile payment technology, is driving transaction volume growth in the US, according to our latest forecast. We estimate US proximity mobile payment transactions will total $98.88 billion in 2019, growing 31.8% to $130.36 billion next year. By 2021, the total transaction value will reach […]

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Domains

Japanese Merchants Report Sharp Increase in Mobile Transactions

October 10 2019

• in
• Japan
• Mobile Payments

“Launched on 1 October , Cashless Japan lets consumers avoid a new increase in sales tax from 8% to 10% by selecting a non-cash payment method when they check out at any of some 500,000 merchants around the country. Convenience stores are already seeing a 50-60% increase in mobile transactions, the Nikkei Asian Review reports […]

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Domains

Powering the Digital Economy; Building a Helpful Google for Everyone in India

September 19 2019

• in
• Mobile Payments

“Four years ago, we launched Google Station : a partnership with Railtel and Indian Railways to bring fast, reliable and secure WiFi to 400 train stations. We hit that milestone last May, and we’ve also expanded the program beyond train stations to include thousands of public buildings and spaces around the country.  And today we’re […]

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Domains

EMarketer Identifies Top Countries for Mobile Payments Adoption

October 28 2019

• in
• Mobile Payments

“China remains the country with by far the highest mobile payments adoption rate, with 81.1% of smartphone owners making use of the technology, eMarketer reports .”

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Domains

China mobile payments maintain rapid growth in Q3

November 26 2019

• in
• China
• Mobile Payments

“China’s mobile payments continued fast growth in the third quarter of 2019, showed data from the central bank. Banks in the country processed 27.27 billion mobile payment transactions in the period, up 61.05 percent year on year, said the People’s Bank of China in a report. Value of these transactions increased by 31.52 percent from […]

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Domains

CIMB Lets Merchants Accept Payments on Standard Android NFC Phones

January 7 2020

• in
• Mobile Payments

“Merchants in Malaysia can now use an off-the-shelf Android NFC smartphone and an app developed by CIMB Bank to accept debit card payments valued at up to RM250 (US$61.08) — with no additional hardware required.”

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Domains

MPOS Transaction Values to Exceed $1.9 Trillion by 2024, Fuelled by New Use Cases

December 2 2019

• in
• Mobile Payments

“New data from Juniper Research forecasts that mPOS (Mobile Points of Sale) transaction values will exceed $1.9 trillion by 2024, up from $850 billion in 2019. This growth will be driven by service adoption from new business users, including pop-up stores and street vendors, for whom the acceptance of card payments was previously inaccessible.”

On The Wires

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Domains

Wirecard and Orange Bank Enable Mobile Payments for Even More French Consumers

December 11 2019

• in
• Mobile Payments

“Wirecard, the global innovation leader for digital financial technology, and Orange Bank are expanding their successful cooperation and now offering all Android users in France convenient mobile payment with Google Pay. Thanks to Wirecard, Orange Bank has already established itself as the market leader for mobile payments in France – 17% of such payments were made via the Orange […]

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Domains

Canadian Credit Unions Expand Mobile Payments With Interac® Debit on Google Pay™

December 6 2019

• in
• Mobile Payments

The Canadian Credit Union Association (CCUA) announced today that Access Credit Union (MB), Affinity Credit Union (SK), Assiniboine Credit Union (MB), Innovation Credit Union (SK), Prospera Credit Union (BC), Servus Credit Union (AB) and Steinbach Credit Union (MB) are the first credit unions in Canada to launch Interac Debit on Google Pay. Members of these credit unions can now make purchases directly from their chequing or savings accounts at […]

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Domains

PayByPhone Surpasses 30 Million Users

November 19 2019

• in
• Mobile Payments

“PayByPhone, the leading global provider of mobile parking payment solutions, today announced it reached over 30 million registered users mark – a 22 percent growth from last year. Additionally, PayByPhone completed more than 102 million global transactions year to date. The volume of PayByPhone’s transactions rose 29 percent year-over-year.”