Mobile Payments

Mobile Payments
55% of Consumers Who Buy Groceries Online Use Mobile Devices
September 28, 2021

The pandemic has brought all manner of in-store commerce to digital channels – including what used to be routine, brick-and-mortar visits to grocery stores. In the Omni Grocery report: What Consumers Expect from their Grocery Shopping Experiences, a collaboration between ACI Worldwide and PYMNTS, surveys...

Mobile Payments
UK’s PawaPay, Fresh With $9M Seed Funding, Eyes Africa Expansion
September 07, 2021

Like many founders in the African mobile money space, PawaPay CEO Nikolai Barnwell sees endless opportunities for growth as people increasingly embrace mobile money as a safer and more efficient alternative to cash. “There are very few things that you can do with mobile money that you can’t do with cash,”...

Mobile Payments
Prior Mobile Order-Ahead Provider Ranking Ties Smashed As New Rivalries Arise
July 14, 2021

“What goes up…” and all that. Even PYMNTS’ Provider Ranking of Mobile Order-Ahead Apps obeys Newtonian physics, reflecting the nature of all things in the natural (or digital) worlds. That’s why this update looks quite different from last month, as a number of deeply competitive...

Mobile Payments
Citcon Attains Oracle Validated Integration With Xstore Expertise For Payment Gateway
June 29, 2021

Oracle PartnerNetwork (OPN) member Citcon has attained the status of Oracle Validated Integration with Xstore Expertise for its connection of the Citcon payment gateway offering, according to a press release emailed to PYMNTS. “Achieving Oracle Validated Integration with Xstore Expertise gives our customers the confidence that...

Mobile Payments
Venmo Raises P2P Fees, To Charge Goods, Services Providers
June 27, 2021

New Venmo rules will make it so users who get payments identified as goods and services will be charged a 1.9 percent transaction fee plus 10 cents, according to an email from the company. That change goes into effect July 20. The email doesn’t reflect...

Mobile Payments
Amazon, Safaricom Explore Enabling M-PESA Wallets On Amazon
May 13, 2021

Kenyan telecom Safaricom is discussing the use of its mobile money service M-Pesa on Amazon’s eCommerce platform, Bloomberg reported. The move comes out of Safaricom’s global expansion efforts to recover from its first profit decline in 10 years, according to the report. “M-Pesa accounts for...

Mobile Payments
QR Codes Gain More Mainstream Traction Through PayPal And Fiserv
April 27, 2021

In the latest evidence of how what’s old is new again — or at least of a technology that’s continuing to find its moment amid the pandemic and the great digital shift — consider the QR code. All manner of in-person commerce, where money and...

Mobile Payments
Mastercard’s Airtel Investment Spotlights Africa’s Mobile Money Boom
April 01, 2021

The mobile payments surge is global in scope, touching all regions and countries. That’s especially apparent in Africa, where as reported Thursday (April 1), Airtel Africa is getting a $100 million investment from Mastercard that valued the platform at roughly $2.7 billion, and which would give Mastercard...

Mobile Payments
Samsung Pay Drops Rewards As Mobile Wallets Vie For A Spot In The Mix
January 05, 2021

Mobile wallet lovers, the ranks of which grow daily, are still buzzing with the late 2020 announcement that purchases made with the Samsung Pay mobile wallet in 2021 will not earn rewards points redeemable with the popular Samsung Rewards program. It’s starting a wider discussion...