Though there has been a lot of talk and media coverage about the tremendous potential mobile payments offer to the poor, underbanked and financially disenfranchised around the world–minus a few bright spots (M-Pesa) the progress of mobile in bridging the gap between the banked and...
As more data emerges about e-commerce giant Alibaba in the run-up to its IPO Thursday (September 18), it is becoming increasingly clear the size and scope of the company’s reach Get the Full Story Complete the form to unlock this article and enjoy unlimited free...
There is a school of thought that says a little destruction is not a bad thing, as such clearings brought on by destruction often offers human creativity the opportunity to flourish while solving a problem. If ones creative mind is bent toward solving security problems,...
Amazon is formally pulling the plug on it free person-to-person funds transfer service WebPay as of October 13, 2014. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe...
Some 13 state agencies operating Women, Infants and Children (WIC) benefit programs have implemented electronic benefits transfer (EBT) initiatives to improve the efficiency of funds distribution. However, many unknowns remain concerning the impact EBT processes have on the various stakeholders, including the agencies, their EBT...
With soaring mobile purchases in China as a backdrop, American Express and China Mobile (China’s largest telecom) to jointly support an NFC mobile payment system Hebao, which had previously been known simply as Phone Wallet. According to a report in Want China Times, the service...
More and more food, grocery and consumer-goods retailers are finding success in using online channels to grow sales, and many are turning to their suppliers for help in developing mulitichannel initiatives. Many such merchants, however, still have much work to do to maximize their online...
Given that Walmart’s own mobile payment plan—MCX, now branded as CurrentC—has no plans to go live nationally until next year, the world’s largest retail chain will not initially support Apple Pay, which is accepted to start accepting payments next month. But the anti-interchange mode of...
On the one hand, Apple and PayPal have been partners for almost a decade, notes ReadWrite, going all of the way to the early iTunes Music Store days. But given that PayPal has been actively pushing its own mobile payment app as a retail in-store...
