Mobile Payments

A mobile payment is a money payment made for a product or service through a portable electronic device such as a tablet or cell phone. Mobile payment technology can also be used to send money to friends or family members, such as with the applications PayPal and Venmo.

(source: investopedia.com)

EU Regulators Set to Accept Apple’s Proposals on Tap-and-Go Tech
EU Regulators Set to Accept Apple’s Proposals on Tap-and-Go Tech
April 19, 2024  |  Apple

European Union (EU) antitrust regulators are reportedly preparing to approve Apple’s tap-and-go mobile payments system proposals as early as May.  The tech company had proposed to open the...

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Payments Execs View Data as the Compass for Navigating Uncertain Times
Payments Execs View Data as the Compass for Navigating Uncertain Times
April 16, 2024  |  Opinion

“The only thing we can count on is uncertainty,” Albert Einstein once observed. And while the statement is universal, and applies to pretty much any...

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Apple Cash Adds Virtual Card Numbers, Enabling Spending at More Merchants
Apple Cash Adds Virtual Card Numbers, Enabling Spending at More Merchants
April 09, 2024  |  Apple Pay

Apple Cash cards now have virtual card numbers, enabling users to securely spend their Apple Cash at merchants that don’t accept Apple Pay. This change was...

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Got Leather? Almost a Third of Consumers Prefer Carrying Physical Wallet
Got Leather? Almost a Third of Consumers Prefer Carrying Physical Wallet
April 03, 2024  |  Mobile Wallets

Digital wallets — Apple Pay, Google Wallet, PayPal and more — give consumers a secure, convenient and contactless way to pay for purchases online and in person. Because...

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Bloxcross, GoDirectPay Partner on Cross-Border Payments App
Bloxcross, GoDirectPay Partner on Cross-Border Payments App
March 28, 2024  |  Cross-border Payments

Bloxcross and GoDirectPay have partnered to launch a mobile app for global payments. The new app enables payments in any currency from institutions to vendors and from...

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NPCI Grants Paytm Approval to Participate in UPI Payments System
NPCI Grants Paytm Approval to Participate in UPI Payments System
March 14, 2024  |  Faster Payments

Paytm will be able to participate in India’s instant mobile payments system, Unified Payments Interface (UPI). “Now, officially your Paytm UPI will work,” the company said...

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TouchTunes Unveils Mobile Wallet for In-Venue Entertainment
TouchTunes Unveils Mobile Wallet for In-Venue Entertainment
March 14, 2024  |  Mobile Wallets

Interactive music/entertainment platform TouchTunes is entering the mobile payment arena. The company on Thursday (March 14) announced the launch of FunWallet, its cashless mobile payment platform that lets...

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PayPal Opens iPhone Tap to Pay for Venmo Business Users
PayPal Opens iPhone Tap to Pay for Venmo Business Users
March 07, 2024  |  Mobile Payments

PayPal has expanded its Tap to Pay on iPhone offering in the U.S. The company said in a Thursday (March 7) press release that the service...

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Monzo Valued at $5 Billion as Neobank Plans Expansion
Monzo Valued at $5 Billion as Neobank Plans Expansion
March 05, 2024  |  Digital-First Banking

UK digital bank Monzo has been valued at $5 billion following a $430 million funding round. The round was led by Alphabet’s CapitalG group as well as Google Ventures, HongShan Capital and...

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