Mobile Payments

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...

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...

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...

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...

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...

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...

Google recently announced a new Google Assistant feature: the ability to make  P2P payments money transfers  to your friends as well as request cash using voice and Google Pay. The feature is one of a number...

Although the mobile wallet ecosystem is maturing, in-store mobile payments haven't yet taken off. Consumer disinterest, coupled with delays in fully implementing the necessary infrastructure, are preventing mobile wallets from achieving mainstream adoption. While neither...

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...

Mobile payment methods continue to soar in popularity in the UK following the introduction of new players such as Apple Pay, Android Pay and Barclay’s Pingit. Together, with the anticipated launch of Samsung Pay coming...