Payments News

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JPMorgan Is Shutting Down Its Chase Pay App

August 21 2019

“JPMorgan Chase & Co. is planning to shut down its Chase Pay app in the bank’s third reversal on digital offerings in as many months.    The bank started informing customers Wednesday that they’ll no longer be able to pay with their smartphones when shopping in stores, according to an email seen by Bloomberg. They’ll […]
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WhatsApp in Talks to Launch Mobile Payments in Indonesia

August 20 2019

“Facebook Inc’s messaging service WhatsApp is in talks with multiple Indonesian digital payment firms to offer their mobile transaction services, in a bid to tap the nation’s fast growing e-commerce sector, people familiar with the matter said.Indonesia could become the second country worldwide where WhatsApp introduces such services, as it awaits regulatory approval from India, […]
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Why Mobile Payments Don’t Deliver for Merchants

August 27 2019

“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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European Mobile Payment Systems Team up

September 3 2019

“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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Southwest Airlines Will Add Apple Pay As a Payment Option

September 4 2019

“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

September 18 2019

“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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It Will Soon Be Possible to Pay by Swish Abroad

September 3 2019

“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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On The Wires

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