Payments News

On The Web

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Domains

The Five-Pointed Star Of 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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Domains

Google Pay has arrived (in Italy)

“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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Companies

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

“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

Mobile payments now account for 6% of all UK card transactions

“The percentage of payments made with a mobile phone in UK stores has jumped from 1.3% in Q3 2016 to 5.6% in Q3 2018, an analysis of 190m card transactions has shown. Compared to this time last year, the volume of contactless mobile payments has increased by 60%. For payments under the £30 contactless payments limit, […]
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Domains

ANZ mobile payments soar during the Christmas season

“The data revealed that ANZ mobile payments increased 120% more in October 2018 compared to the same time last year. Department stores, delivery services, electronics, beverages and hardware all featured in the top shopping categories. It also noted that supermarkets, petrol stations and cafes are some of the most popular places for shoppers during the rest of […]
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Domains

Adoption of mobile payment shifts consumer spending patterns, habits

“Using a unique data set from one of the largest banks in China – which contained the transaction data from personal computer, offline and mobile payment channels – Xu and co-authors found that, on average, the total transaction amount increased by 2.4 percent after the adoption of the mobile payment channel, and that the total […]
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On The Wires

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Domains

BofA Merrill Introduces Mobile Wallets for Business Cardholders

“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

“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.”
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