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PayPal partners with Android Pay for mobile payments

In news from the Google I/O the tech giant announced that they will partner Android Pay and PayPal for a mobile payments platform, the...

Global P2P mobile payments value set to grow by 40% in...

The value of global P2P mobile payments is set to increase 40% to $540 billion by end-2017, Juniper Research forecast. Growth in the segment is...

Social network payments now reach nearly $3 trillion in China

A new UN study reveals that social network payments through Alipay and WeChat Pay enabled $2.9 trillion in Chinese digital payments in 2016, representing a...

Apple Pay mobile payment adoption rates poor… and slowing

When Apple launched its Apple Pay mobile payment service more than two years ago, it hoped to speed up the checkout process and, ultimately,...

UK e-commerce sales up 15%, but growth through mobile payments slowing

UK e-commerce sales were up +15% year-on-year (YoY) in February, according to the latest figures from the IMRG Capgemini e-Retail Sales Index, building on solid...

JPMorgan acquire MCX mobile payments to enhance Chase Pay

JP Morgan has agreed to acquire the now defunct MCX’s mobile payments technology to accelerate the expansion of its Chase Pay wallet app. MCX was formed in...

Visa Token Service extends mobile payments into 12 European countries

Visa says that, by the end of this year, more than 12 European countries are adopting the Visa Token Service, a new technology that...

US mobile payments projected to grow (from small base) 80% by...

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...

Barclaycard signs with VocaLink for Pay by Bank merchant mobile payments

VocaLink and Barclaycard have announced a partnership to enable their merchants to accept mobile payments through the Pay by Bank app. Pay by Bank app allows shoppers...

Mobile payments are taking off — and it’s a lesson for...

Mobile payment methods continue to soar in popularity in the UK following the introduction of new players such as Apple Pay, Android Pay and...

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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