Payments News

On The Web

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Tech

Westpac Begins Apple Pay Rollout

“Westpac, the last of the major Australian banks to hold out against the introduction of Apple Pay, has switched on support for the mobile payments service for customers of three of its smaller brands and has announced it will roll out support to its main customer base by June 2020.”
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Tech

Retail Store Checkout Will Undergo Massive Changes Soon

“To get more consumers to use them, mobile wallets have to deliver more benefits to consumers and that’s starting to happen now. A company called Popwallet.com has enabled mobile wallets for couponing, discounts and marketing in a way that makes it much more interesting for consumers to use. With Popwallet, a consumer can see an […]
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Global

‘Low KYC’ Norm to Help Mobile Wallets Retain Their Customers

“In a move set to bring relief to scores of mobile wallet firms such as Paytm, PhonePe, Amazon Pay and their several million users, the Reserve Bank of India (RBI) will allow wallet service providers to continue operating their millions of non-compliant know-your- customer (KYC) accounts which earlier faced cancellation after placing certain transnational limitations.This […]
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Global

Google and Walmart establish dominance in India’s mobile payments market as WhatsApp Pay struggles to launch

“In India, it’s Google and Walmart-owned PhonePe that are racing neck-and-neck to be the top player in the mobile payments market, while Facebook remains mired in a regulatory maze for WhatsApp Pay’s rollout. Google Pay had more than 75 million transacting users last month, ahead of PhonePe’s 60 million users, people familiar with the companies’ figures […]
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Global

Uber Africa launches Uber Cash with Flutterwave and explores EVs

“Uber is launching its Uber Cash digital wallet feature in Sub-Saharan Africa through a partnership with San Francisco-based — Nigerian-founded — fintech firm Flutterwave. The arrangement will allow riders to top up Uber wallets using the dozens of remittance partners active on Flutterwave’s Pan-African network. Flutterwave operates as a B2B payments gateway network that allows […]

On The Wires

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Tech

Alipay and Worldline to Enable Mobile Payment in Europe for Tourists From All Over Asia

“Alipay, a globally leading payment and lifestyle platform operated by Ant Financial Services Group, and Worldline, the European leader in the payment and transactional services industry, announced the expansion of their long-lasting partnership today. The partnership aims to broaden the acceptance of Asian payment wallets across Europe. As part of the enhanced partnership, Worldline will […]
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Tech

Apple Pay Coming to Curve Customers Across Europe

“Curve , the Over-The-Top banking platform that consolidates multiple cards and accounts into one smart card and even smarter app, today brings its customers Apple Pay, which is transforming payments with an easy, secure and private way to pay. With Apple Pay on iPhone, Apple Watch, iPad and Mac, customers can make fast and convenient […]
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Providers

Introducing Samsung Money by SoFi: Do More With Your Money

“Samsung Electronics America, Inc., today unveiled Samsung Money by SoFi, a new mobile-first money management experience that brings a cash management account and accompanying Mastercard debit card along with exclusive benefits to Samsung Pay, in partnership with innovative fintech company SoFi. The account is secure, with no account fees and rewards users for saving—earning higher […]
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