Wednesday, March 22, 2023
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Mobile payments in China: emergence of a mega-market

China will soon be the largest mobile payments market in the world. China's mobile payments market is expected to soar 48% year on year to 410 million users by 2013. In a new report, Celent...

McDonald’s test PayPal

PayPal is in the early stages of what may be a blockbuster mobile payments deal with McDonald's. McDonald's is testing a mobile payments service featuring PayPal at 30 of its restaurants in France. Earlier this...

MasterCard partner with VimpelCom and Orange to offer mobile money globally

At Mobile World Congress, MasterCard and VimpelCom announced a strategic partnership combining MasterCard’s mobile payments technology with VimpelCom’s  globally integrated telecommunications services. The partnership will provide innovative payment solutions to a new generation of...

M-payments to reach $214 billion

US mobile payments will skyrocket to $214 billion in gross dollar volume by 2015, representing a 68% compound annual growth rate over the next five years, predicts Aite Group's Gwenn Bezard in a new...

Amazon’s digital currency Coin is now available on Android

Amazon has announced that its digital currency – Coins - are now open for use outside of Kindle Fire tablets. More specifically, the e-commerce giant says that its virtual currency can now be bought, spent...
Payment Issuers

UK FinTech investment set record-breaking year in 2017

British FinTech companies have had record-breaking investment in 2017 and far outstrip their European competitors, data shows, adding to signs that Brexit is so far having no big impact on the fast-growing sector. FinTech firms...

Zero commission online payment service SPIKE

Metaps has released the closed beta version of SPIKE, a no commission online payment service that does not require any installation and can be set up in under a minute (the company says). When companies use...

China’s m-commerce set to hit $27.1 billion in 2014

China is a fast-growing market and its mobile commerce is on target to explode in 2014, pushing it into territories beyond what the United States is even capable of – thus providing an incredibly lucrative market for...

Retailers on a rocky road to mobile success

The news that UK retailers' 'poo' mobile web strategies mean they are missing out on up to £4 billion of revenue as smartphone users are put off from their sites is indicative of the...

NTT Docomo, Mizuho plan cash transfers by phone

According to Japanese new paper reports, NTT Docomo and Mizuho Bank are set to collaborate on the launching of a service enabling mobile phone users to transfer money via their phones. Provided the sender of...

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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