Vodafone could spin off its popular African mobile money service M-Pesa, the company’s CEO told Bloomberg News on Friday (July 23). M-Pesa, which offers peer-to-peer transactions in countries that include Kenya, Tanzania and Mozambique, saw its star rise during the COVID-19 pandemic. It has since...
New York is seeking proposals from sports betting companies interested in setting up mobile operations in the Empire State, The Wall Street Journal reported Wednesday (July 21). Aug. 9 is the deadline for proposals, which would be reviewed and acted on by the New York State...
Denmark-based Danske Bank, which operates MobilePay, has reached an agreement with OP Financial Group in Finland, which owns Pivo, and the Norwegian banks behind Vipps to merge their mobile payment services to become one of the biggest bank-owned mobile payment providers in Europe. “Serving 11...
The App Store ecosystem enabled $643 billion in billings and sales last year, marking a 24 percent year-over-year rise, Apple said in a Wednesday (June 2) press release. Apple said in the release that an independent study by economists from the Analysis Group discovered that...
Amid the pandemic, to paraphrase an old Eagles tune: Some drink to remember; some drink to forget. But, as the data tell us — we drink, if not the same amount, then maybe a bit more. And the way we get our spirits is through...
PayTabs is partnering with Visa to bring “Tap to Phone” service to mobile users in the Middle East. “Millions of merchants will now be able to rely purely on contactless software-based solutions to accept payments,” a press release said. Visa’s Tap to Phone app allows...
Chinese behemoth Huawei Technologies has reportedly landed a mobile payments license in China after buying Xunlian Zhifu Network. Huawei has previously used UnionPay’s mobile payment service. The Huawei Pay app, launched in 2016, has allowed Huawei phone owners to pay for goods online and in...
Paytm has launched a service that turns an Android cellphone into a point-of-service (POS) terminal, the company said in a blog post. The move comes as companies battle it out in India over the growing number of consumers using digital channels for financial transactions and...
Snapcommerce, the message-driven mobile commerce platform for the price-conscious, has come off a funding round with $85 million, a press release says. With the new funding, the company intends to expand its user base and keep working on innovating how people shop on their phones....
