Mobile Payments

A mobile payment is a money payment made for a product or service through a portable electronic device such as a tablet or cell phone. Mobile payment technology can also be used to send money to friends or family members, such as with the applications PayPal and Venmo.

(source: investopedia.com)

PayPal Bets on Tap to Pay to Drive Everyday Spend to Small Businesses
PayPal Bets on Tap to Pay to Drive Everyday Spend to Small Businesses
June 28, 2023  |  Digital Payments

Many consumers would be lost without their phones, as the world increasingly fits in the palm of a hand — at least the crucial everyday...

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Mobile Wallet Use Is Poised for Permanence and Grew From Pandemic Behavioral Changes
Mobile Wallet Use Is Poised for Permanence and Grew From Pandemic Behavioral Changes
June 27, 2023  |  Mobile Wallets

The next installment of PYMNTS’ mini-series based around consumer behavior that began during the pandemic focuses on mobile wallets. Certain consumer preferences that are now...

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60% of Consumers Use Digital Wallets for Bill Payments
60% of Consumers Use Digital Wallets for Bill Payments
June 26, 2023  |  Mobile Wallets

Consumers are increasingly adopting mobile wallets to remove friction from payments. For PYMNTS’ study “Digital Bill Payments: Frequent Mobile Wallet Bill Pay Users the Most...

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PYMNTS Study: eCommerce Consumers Want Payments Choice and Data Security
PYMNTS Study: eCommerce Consumers Want Payments Choice and Data Security
June 09, 2023  |  eCommerce

After a stellar run through the pandemic, eCommerce was humbled as consumers flocked back to physical stores in 2022 and 2023. The wheel is turning...

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Plaid Rolls Out Identity Verification Across Apps and Services
Plaid Rolls Out Identity Verification Across Apps and Services
June 08, 2023  |  Authentication

Plaid now enables consumers to verify their identity across all Plaid-powered apps and services. The open banking platform has modified its Identity Verification product so that previously verified...

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Infor and TipQwik Partner to Streamline Hotel Tipping
Infor and TipQwik Partner to Streamline Hotel Tipping
June 05, 2023  |  Partnerships

Software firm Infor has teamed with TipQwik to offer hotel guests more tipping options. The partnership lets customers using Infor’s Hospitality Management System (HMS) customers offer guests the ability to give...

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Gen Z Consumers Give Banks Less Than a Passing Grade on Bank Authentication
Gen Z Consumers Give Banks Less Than a Passing Grade on Bank Authentication
May 26, 2023  |  Security & Fraud

When consumers think about how secure their bank accounts are, that can trigger a powerful emotional response to what is ultimately a matter of bank-grade...

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FinTech Mollie Adds Terminal to Growing In-Person Payments Offering
FinTech Mollie Adds Terminal to Growing In-Person Payments Offering
May 24, 2023  |  Payment Methods

European FinTech Mollie has launched an in-person payments solution called Mollie Terminal. The introduction of Mollie Terminal is part of the company’s drive to enhance its in-person...

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Melio Launches B2B Payments Mobile App for Small Businesses
Melio Launches B2B Payments Mobile App for Small Businesses
May 09, 2023  |  SMBs

Melio has launched a mobile app that helps small businesses make and track B2B payments while on the go. The new app, which is now...

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