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It Will Soon Be Possible to Pay by Swish Abroad

“Thanks for paying for my lunch, how much should I swish you?” is a sentence often heard in Sweden. A growing number of stores are also allowing customers to pay using the money transfer app, and it will soon become possible to use it to pay for purchases outside Sweden, the company said on Tuesday. […]
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European Mobile Payment Systems Team up

“Seven European mobile payment systems on Tuesday said they are joining forces to better develop cross-border contactless payments. The move is seen as an attempt to create a regional standard for smartphone payments that does not require Apple, Google, Visa or Mastercard. Mark Wraa-Hansen, CEO of Denmark’s MobilePay system, says the European Mobile Payment System […]
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Why Mobile Payments Don’t Deliver for Merchants

“Mobile payments so far account for a mere 2% or less of U.S. general-purpose card payments, according to some estimates, and that’s no surprise to some executives who believe mobile payments haven’t delivered for many merchants. “I don’t think anyone in the market is solving problems for the retailers,” Laura Townsend, senior vice president of […]
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Southwest Airlines Will Add Apple Pay As a Payment Option

“Southwest Airlines will join the roster of merchants that accept Apple Pay, according to an announcement Wednesday from CellPoint Digital and UATP. UATP, the airline-owned payment network, and CellPoint Digital, a travel industry payments specialist, said Dallas-based Southwest will make Apple Pay available across all channels to buy tickets and services. UATP and CellPoint Digital […]
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Mobile Payments Can Transform Revenue Collections For SA’s Struggling Metros

“Making it easier for consumers to pay their municipal bills could transform revenue collections for South Africa’s struggling metros and municipalities, bringing in much-needed funds to improve service delivery in the process. Thomas Pays, the CEO of South African digital payments platform Ozow (formerly i-Pay), says most municipalities have debt books of billions of Rands […]
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EMarketer Apple Pay Forecast Estimates, US Mobile Proximity Payment Forecast Estimates

“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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Japanese Merchants Report Sharp Increase in Mobile Transactions

“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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