Category Archives: Mobile Payments

Differing forecasts for mobile wallet

Research and opinion on mobile payment trends contain conflicting predictions and conclusions, partly as a result of banks commissioning fewer market studies, leaving researchers to find a new starting point for evaluation, says consultant Steve Mott. For example, research from Auriemma (more…)...
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Xiaomi offers interest bearing mobile wallet

Chinese smartphone maker Xiaomi is the latest tech company to cross over into financial services by offering an interest bearing mobile wallet. Xiaomi began public beta testing Tuesday of an online money-market fund that lets users earn interest on money saved in Xiaomi’s (more…)...
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PayPal ramps up operations in Africa

PayPal says that its operation in Nigeria is its second largest market in Africa. Malvina Goldfeld, Head of business development, sub-Saharan Africa at PayPal told ITWeb Africa that South Africa remains the company’s highest market in Africa with over a million (more…)...
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3rd annual mobile payments study

According to research, consumers have shifted their focus from questioning the security of mobile payments to now discussing the possibilities of enhanced digital experiences on devices. At Mobile World Congress, MasterCard announced the findings from its third annual Mobile Payments (more…)...
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Visa motors ahead with in car commerce

Visa Inc., Pizza Hut and Accenture announced they are working together to develop a proof-of-concept connected car to test mobile and online purchases on the go. The connected car is expected to feature Visa Checkout, Visa’s online payment service, cellular connectivity, Bluetooth (more…)...
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