Alipay and WeChat Pay are giving state-owned bank card clearinghouse UnionPay even more access to their mobile payment ecosystems as China continues to push Big Tech companies to become more transparent in their operations, the South China Morning Post reported Monday (Oct. 4). Ant Group-owned...
FinTech Financial Transmission Network, Inc. (FTNI) on Thursday (Sept. 30) announced that beverage-focused tech platform Vermont Information Processing (VIP) will use its ETran Mobile payment services to power VIPPAY, its mobile payment offering for brewers, distributors, wineries and soft drink bottlers. VIP uses route accounting,...
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...
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,”...
“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...
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...
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...
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...
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...