Search Results for: Mobile Payments
Tech partnership brings people and payments closer together
September 9th, 2016
Innovative link-up of CBA’s CommBank app and Barclays’ Pingit will allow customers to move money over 10,000 miles – quickly, securely and seamlessly – with no more than a mobile number. Ground breaking collaboration marks the first time two ...
Use of contactless payments in UK overtakes cheques in 2016
September 2nd, 2016
For the first time, Brits are more likely to make a payment using a contactless card than a cheque book.New research from Mintel reveals that cheques have been used by less than one third (31%) of Brits in the past three ...
Cashless payments get easier in the UAE
September 1st, 2016
Making payments through mobile phones is not a dream anymore, as sixteen banks have become equity partners in an entity which will own and operate mWallet platform. The mWallet or mobile wallet platform is the financial component of the UAE Government’s Smart ...
Coda Payments raises $2M to enable alternative online payments in Asia
August 25th, 2016
Relying on credit cards doesn’t work in Southeast Asia, where less than 10 percent of the 600 million population are estimated to own plastic. That makes alternative payments, like bank transfer or over-the-counter, critical for anyone doing business in ...
The rising trend of cashless payments
July 21st, 2016
Contactless payments are rapidly gaining ground across the globe. Driven by customer convenience and efficiency, this innovative payment method has opened up new dimension for daily transactions undertaken by consumers. Mobile wallets, online payment providers, near field communication (NFC) ...
Polish online electronic payments firms Dotpay and eCard merge
July 19th, 2016
Dotpay and eCard, MCI.EuroVentures fund portfolio companies, fast growing agents specialising in online electronic payments, are to join forces. The company established as a result of their integration aims to become a leader of payment services in the e-commerce ...
Bitcoin wallet enables payments via Twitter
July 15th, 2016
The bitcoin wallet iPayYou has launched its “Pay-by-Twitter” feature. With this tool, users can make peer-to-peer payments on Twitter, according to a press release. The company already enables users to send bitcoin through email. Former Amazon executive Gene Kavner founded the ...
Mobile phone payment Seamless acquires MeaWallet AS
July 14th, 2016
Seamless Distribution AB (publ) (”Seamless”) acquires the Norwegian technology company MeaWallet AS (“MeaWallet”). The purchase price amounts to approximately SEK 42,8 million and payment is made through an issue in kind of 4,574,328 new shares in Seamless. Through the ...
Indian payments industry set for rapid changes
June 30th, 2016
Initiatives such as Jan Dhan Yojana, Aadhaar and mobile technology are giving a boost to banking and payments The amount of cash in circulation in India is estimated at around 18% of the country’s gross domestic product (GDP), making ...
Microsoft brings contactless payments to Windows 10 phones
June 22nd, 2016
Following the lead of Apple, Google and Samsung, Microsoft is bringing contactless payments to Windows 10 mobile phones. Initially only available to ‘Windows Insiders’ in the US with Lumia 950, 950 XL and 650 handsets, the new feature lets ...
