On The Web

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Domains

Complexities of the German payments market – could mobile payments become meaningless?

August 28 2018

• in
• Germany
• Mobile Payments

“The Germans are known to have a strong and ingrained attachment to cash. In fact, more daily transactions are carried out in cash than in neighbouring European countries. However, this could be changing; there is growing adoption of electronic payments which is illustrated by the fact that between 2008 and 2017, the proportion of cash payments […]

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Domains

Mobile payment on fast growth in China

August 28 2018

• in
• China
• Mobile Payments

“China’s mobile payments continued fast growth in the second quarter of 2018, the central bank data showed. The country’s banks processed 14.92 billion mobile payment transactions in Q2, up 73 percent year on year, according to the People’s Bank of China. The value of these transactions totalled 62.88 trillion yuan (9.15 trillion U.S. dollars), up 60 percent […]

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Companies

Google Pay support arrives for 30 new banks in the United States

August 27 2018

• in
• Mobile Payments

“Google Pay, just like Apple Pay, keeps expanding in the United States almost on a monthly basis. Today, Google updated the list of banks and credit unions that now support its mobile payments service with 30 new names. “

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Companies

Ant Financial’s Alipay Strikes Payments Deal With Soccer Body UEFA As It Looks For Global Boost

November 9 2018

• in
• Ant Financial
• Mobile Payments

“Alipay, the payments app operated by Alibaba affiliate Ant Financial, has struck a partnership with European soccer governing body UEFA, the two firms announced Friday. The eight-year deal will see Alipay accepted at venues where UEFA-sanctioned men’s national team events are taking place, including the Euro 2020 and Euro 2024 soccer championships.”

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Domains

Google Pay has arrived (in Italy)

September 19 2018

• in
• Mobile Payments

“Whether you need to do your daily shopping or plan a night out, your Android phone is all you need when you leave home, thanks to Google Pay” . Starting today, Google Pay is available in Italy to help you pay easily and securely with your phone.

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Domains

The Five-Pointed Star Of Mobile Payments

October 26 2018

• in
• Mobile Payments

““Mobile payment” is a term that encompasses a lot of interconnected technologies, and you can’t really benefit from only doing one of them. You don’t necessarily need to build out all of these, but if you only build one, you may be setting yourself up for failure. Let’s break down each of the main aspects […]

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Companies

Why Millennial Favorite Venmo Is Paypal’s Key to Future Success

August 10 2018

• in
• Mobile Payments
• P2P
• PayPal
• Venmo

“The possibilities are endless for Venmo, as it can be a payment option in any industry that has straightforward exchanges of money. Uber and Abercrombie & Fitch ANF are just two examples of Millennial-loved companies that Venmo has recently partnered with. These moves are part of a larger “Pay with Venmo” initiative, a long-term strategy to monetize Venmo. PayPal’s latest quarterly […]

On The Wires

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Domains

CITCON launches service at Mall of America® to welcome Chinese consumers

August 15 2018

• in
• Cross-border payments
• Mobile Payments

“The CITCON solution allows MOA merchants to expand reach and better engage with over one billion Chinese consumers who are actively using Alipay and WeChat Pay as their preferred payment methods and communications platforms at home and abroad.The solution also enables merchants to reduce friction in the checkout process, offer seamless payment experiences anywhere in the […]

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Domains

BofA Merrill Introduces Mobile Wallets for Business Cardholders

September 13 2018

• in
• Financial institutions
• Mobile Payments

“Starting this month, mobile wallets will begin to make our commercial clients’ lives easier through faster, more secure and more efficient business purchases, while providing the same convenience they have in their personal transactions. The millions of Bank of America Merrill Lynch cardholders who use our corporate, commercial and purchasing cards in the United States […]

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Domains

CardFlight Announces SwipeSimple Customers, a Simple and Secure Way for Merchants to Save Customer Data and Cards on File

October 9 2018

• in
• Mobile Payments
• POS

“CardFlight, the leading mobile POS and SaaS payment technology company, announced today the release of SwipeSimple Customers, a new feature set of SwipeSimple, the best-in-class payment acceptance solution for small businesses. SwipeSimple Customers is available to SwipeSimple users directly from their mobile app and web dashboard.”