The $64 billion P2P global market has many worthy players, but many of those who are making a dent in the financial inclusion arena are in Africa and Asia. Data reveal that in most Sub-Saharan African countries, most associate banking only with their phones. Get...
Technology continues to take commerce into a growing number of new environments and devices – from clothing and wearables, to smart homes and even retail stores. In 2016, nearly 5.5 million new devices are expected to get connected to the Internet every single day, spurring...
In a move to expand its functionality, Samsung Pay will soon allow users to make Web-based purchases via their payment platform, Samsung Pay, reported Reuters yesterday (Dec. 28). The move will put Samsung into a more head-to-head competition with PayPal, currently the Web’s go-to source...
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A popular perspective in the U.S. is that digital payment adoption in Europe is going swimmingly. You know who might know a little more detail on that, though? A payments player IN Europe. Miles Jack, Director of International New Solutions at TSYS, separates fact from...
How Mobile Technology Is Broadening Financial Access in Less-Developed Countries While Driving Business Opportunities for Global Companies 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 to our...
We often hear that M-PESA was able to scale quickly because it targeted an unmet need: urban to rural remittances. Safaricom based the initial launch of the M-PESA service on the “send money home” proposition because a large proportion of split families in Kenya needed...
The global mobile payment market is poised to explode over the next few years. One report predicts it will quadruple by 2014, reaching $630 billion in value.[i] According to this report, the growth across all market segments is being driven by the wide adoption of...
Introduction 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 to our daily newsletter, PYMNTS Today. By completing this form, you agree to receive marketing communications from PYMNTS...