Payments News

On The Web

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Companies

Chevron App Now Accepts Venmo

“Chevron announced that its new Chevron and Texaco mobile apps now include Venmo as a payment option, making the company the first to accept the payment service for fuel purchases at the pump. ‘Chevron updated its branded mobile applications to offer consumers access to Venmo to pay for fuel and car washes at the pump from their mobile […]
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Domains

As China’s Outbound Tourism Rises, Mobile Payments Will Be Key to Capturing Chinese Tourists’ Spending

“Chinese outbound tourism rose to approximately 81.3 million trips in the first half of 2019, up 14% year-over-year (YoY), per the Chinese Tourism Academy as cited in a report from Alipay and Nielsen, presenting payments providers with a valuable chance to rack up volume and build loyalty. And considering the most popular factor that affects […]
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Domains

Instacart Launches New Mobile Payment Solution for Shoppers

“With the added feature, new users who sign up for Instacart can now start shopping in less than a day. They previously had to wait for their physical payment card to arrive in the mail. Instacart Shopper Engineering vice-president Kevin Henrikson said: “We know that for many shoppers, convenience is key. We’ve heard from shoppers […]
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Domains

OEM Pay Transaction Volumes to Exceed $1tn a Year by 2024

“Consumers will use payments services provided by smartphone makers and other original equipment manufacturers (OEMs) to make transactions valued at more than US$1tn a year by 2024, up from US$333bn in 2020, according to Juniper Research. Apple Pay, China and the adoption of contactless payments for transit ticketing will be the key drivers of the […]
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Domains

Grocery and Food Delivery Apps Set Record Days of App Downloads

“Interest in grocery delivery apps has spiked in the US over the past few days as the seriousness of the coronavirus is starting to sink in. Just yesterday, for example, Walmart Grocery, Instacart and Shipt , which is owned by Target, all set new records for daily app downloads. Comparing average daily downloads in February […]
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Domains

Qatar Unveils National Mobile Payments System

“The Qatar Central Bank released specifications for a national QR code system, a project designed to increase financial inclusion and reduce the use of banknotes in the country. Its platform, named the Qatar Mobile Payment System, will be used for all common domestic forms of mobile payments including peer-to-peer transfer, retail payments, public transport ticketing […]