Bank of America’s digital platform for treasury tasks, CashPro App, was used by European companies to approve more than 100 billion euros (about $115 billion) in payments in the first seven months of the year, the bank said in a Thursday (Sept. 17) press release....
Samsung South Africa has added a new QR payment feature to its digital wallet. Scan to Pay is designed to offer Samsung Galaxy users an alternative to physical cards and make checkout quicker, the tech company announced Friday (Aug. 28). “Scan to Pay is designed...
Digital wallets have made the phone a familiar place to pay. X Money is testing whether a social platform can claim a place in that payment routine. Consumers already have wallets on their phones, stored credentials at merchants and payment apps that reduce the work...
Fraudsters and privacy-conscious consumers have one thing in common. Neither wants to be easily found. For years, that overlap didn’t matter much. Privacy-minded consumers wanted to limit their data exposure and control how merchants stored their credentials. Fraudsters wanted to hide stolen identities and card...
China’s Tencent is reportedly testing an app designed for overseas travelers to its country. TenPayGo was created to function as a one-stop digital services platform that includes mobile payments, Bloomberg News reported Sunday (June 28), citing Jiemian News. The app, now being tested, lets users...
Convenience store and gas station chain Circle K has teamed up with vehicle-based payment technology provider Car IQ to launch a mobile app for fleet operators. The new Circle K Pro Digital+ enables payments at more than 7,000 Circle K locations and anywhere Visa is...
Watch more: Acquirers and Payment Infrastructure — Powering the Mobile-First Future Acquirers must future-proof their operations in an increasingly mobile-first world. As Visa Acceptance Solutions Global Sales, Engineering Vice President Pritesh Patel told PYMNTS, there’s a continuing shift by acquirers who use third-party payment system...
Google Play launched a partnership with Thailand-based Kasikornbank and Ant International’s Antom. The collaboration resulted in the launch of K Plus as a new local payment method on Google Play, according to a Thursday (July 31) press release. It’s the first time a Southeast Asian...
The standalone Zelle app can no longer be used for sending or receiving money, and users are being invited to enroll to use the peer-to-peer payment method through a participating bank or credit union’s app. Zelle had announced in an Oct. 31 blog post that...