Search Results for: Mobile payments
Samsung becomes latest firm to launch mobile wallet in China
March 29th, 2016
Samsung has officially launched its mobile wallet service in China, in co-operation with local vendor UnionPay. Instead of using cards, the service allows shoppers to use their smartphones to pay for in-store purchases. Last month, Apple launched its own ...
Big U.S. banks to take on tech rivals with instant payments
March 9th, 2016
Depositors at some of the largest U.S. banks are finally going to get the chance to do something quick and simple: send money to another person’s account instantaneously by mobile phone. The idea has been in the works for ...
Amazon to acquire Indian payments firm Emvantage
February 18th, 2016
Amazon.com, Inc. has agreed to acquire Emvantage Payments Pvt. Ltd., a privately held company that offers services in the area of online payments. EMVANTAGE has developed a series of payment solutions including a payment gateway, mobile payment solutions and ...
Visa’s contactless payments soar by 250pc in the UK, as firm reports record revenues in Europe
January 26th, 2016
Cash is no longer king in the UK, where Visa Europe‘s contactless payments soared by 250 per cent last year. The electronic payments business said that people purchasing items by waving their Visa credit or debit cards over payment terminals ...
imaginBank, Spain’s first mobile-only bank for millennials
January 14th, 2016
CaixaBank creates a new banking model, which can be accessed exclusively through mobile apps. The new bank emerges on the market with a complete range of commission-free products and services, including current accounts, debit cards, consumer loans, personal finance ...
PayPal Touts Growth Of One-Touch Payments
December 23rd, 2015
The payments giant said Monday that more than 10 million consumers have enabled its universal digital payments service, One Touch. One of the key challenges to mobile and web payments is being able to carry your payments information across ...
Swatch partners with Visa for pay-by-the-wrist contactless payments
December 1st, 2015
Swatch SA and Visa Inc. together with Visa Europe have signed an agreement giving eligible Visa cardholders in the U.S., Switzerland and Brazil the ability to tap and pay with Swatch’s new «pay-by-the-wrist» watch, Swatch Bellamy. Slated to launch ...
Global Payments Announces Support for Apple Pay in Canada
November 18th, 2015
Global Payments Inc. (NYSE: GPN), a leading worldwide provider of payment technology services, is pleased to offer its merchants in Canada the ability to accept American Express payments made with Apple Pay™, which is transforming mobile payments with an easy, secure and ...
EU Council passes PSD2 for electronic payments
November 17th, 2015
A directive aimed at further developing an EU-wide market for electronic payments was adopted by the Council on 16 November 2015. The directive incorporates and repeals directive 2007/64/EC, which provided the legal basis for the creation of an ...
LG Working on Mobile Payment Solution Called “G Pay”
October 15th, 2015
LG is getting involved in the mobile payment game, as trademarks for G Pay have been filed by the company in South Korea and the United States. LG is entering a heavily saturated market, with solutions already available from Apple (Apple Pay), ...