A sense of control and security goes a long way toward building confidence, and that’s especially true in payments and commerce. Make consumers feel as though they are in charge, and give them more transparency into their personal payment transactions, and you might not only...
Worldpay, the payment technology company, announced Tuesday (Oct. 16) that for the first time, contactless payments have become more popular than chip and pin card purchases when paying in-store in the U.K. The Guardian reported that Worldpay said it was the first time it has...
PayPal said Thursday that it is teaming up with Walmart to deliver financial services to joint customers, allowing them to access cash at the retailer’s stores. The companies said in a press release that as part of the joint efforts, they will roll out PayPal cash...
Amid an embrace of mobile payments and a push toward consumer choice, sometimes payments infrastructure must change. This week, the Monetary Authority of Singapore said it has launched SGQR (short for the Singapore Quick Response Code), billed as a single label that combines several QR...
Eric Jing, Ant Financial’s executive chairman and CEO, revealed that Alipay now has over 700 million annual active users — an increase of more than 200 million year on year. Jing made the comments at Alibaba’s 2018 Investor Day, where he gave a presentation on...
Japanese telecom carrier SoftBank has announced a partnership with Synchronoss and TBCASoft on a Proof of Concept (PoC) for a new cross-carrier mobile payments service. The service is based on the Rich Communication Services (RCS) global messaging standard and TBCASoft’s cross-carrier blockchain platform. It will be unveiled...
Millennial consumers are ready to be brand ambassadors — especially when engaging in mobile commerce with private-label debit programs. That’s the message of a new, in-depth PYMNTS story about how to win the loyalty of those younger consumers. Kristen Bailey, chief marketing officer for payments...
Square has announced that it is releasing two new ways for businesses to take payments on their Apple devices and Google Chromebook. “We want you to be able to run your business however you want — and never miss a sale,” the company wrote in a...
Alipay has revealed that it had a pretty good summer, with consumer spending surging over the last two months. “China is just back from a two-month summer holiday, where millions traveled abroad for a long-awaited vacation. With Alipay’s growing presence outside of the Chinese mainland,...