Friday, April 19, 2019
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Amex struggles with mobile payments

A top executive at American Express has acknowledged that the firm's efforts to engage consumers with mobile payments have so far been a failure – however, as PCM notes, they are certainly not the...
Asia payments

A fresh look at Asia’s payment landscape

Digital payments are growing rapidly in Asia, fuelled by increasing smartphone ownership and improving access to the internet. An increasing array of solutions such as digital wallets, mobile payment apps and stored value cards are...

Alternative payments to overtake credit and debit card payments globally

WorldPay has launched ‘Your Global Guide to Alternative Payments (Second Edition)’, an in-depth study of the global payment landscape. The study found online purchases made using alternative payments (any form of payment other than credit or...
Global mobile wallet users

Global mobile wallet users to total 2.1 billion in 2019

Nearly 2.1 billion consumers worldwide will use a mobile wallet to make a payment or send money in 2019, up nearly 30% from 1.6 billion recorded at the end of 2017, according to a new...

Barclays launches ‘Hello Money’ in Kenya

After launching 'Hello Money' in India in Q2 2008 Barclays is now launching the service in Kenya with Safaricom. Barclays claim the service 'breaks away from the traditional methods of mobile banking and takes consumer...
Paytm

Softbank and Alibaba invest $445m in Paytm

The e-commerce arm of Indian FinTech giant Paytm has raised $445 million from Japan's Softbank and China's Alibaba. Softbank is pumping $400 million into Paytm Mall, while Alibaba is contributing $45 million - a year...

PayPal announces its app for Android Wear

Not long ago, Google showcased Android Wear, as well as a bunch of smartwatches which will go on sale at the Google Play Store - Samsung Gear Live and LG G Watch. With the launch...

Global mobile payments in 2014

The payments industry is approaching an inflection point with respect to whether the mobile wallet and mobile payments could become a viable every day payment tool. More and more consumers are being introduced to the concept...
top-mobile-payments-users

Mobile payments soar as Europeans embrace new ways to pay

According to Visa’s 2016 Digital Payments Study, the number of consumers regularly using a mobile device – smartphone, tablet or wearable – to make mobile payments has tripled in the past year. Currently, 54% of...

Visa Europe launches P2P payment services

New mobile payment services help banks realise the future of payments Visa Europe has launched Visa Mobile Person-to-Person payments and Visa Alerts: two new services designed to help consumers manage their money and make payments...

Latest News

Payment industry history with first AES DUKPT key management implementation

Verifone says it has implemented AES DUKPT with its end-to-end encryption solution, VeriShield Total Protect, its Engage family of payment devices, and Carbon 8 & 10. Co-designed by Verifone, AES DUKPT...
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