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

Uber Bans 240 Mexican Passengers As Coronavirus Precaution

Uber Bans 240 Mexican Passengers As Coronavirus Precaution
Uber Bans 240 Mexican Passengers As Coronavirus Precaution
February 03, 2020  |  International

Approximately 240 Uber users in Mexico can’t use the service now, their accounts suspended by the parent company after concerns over the coronavirus contamination. Get...

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‘Ghost Kitchens’ Set Up Shop In Malls
‘Ghost Kitchens’ Set Up Shop In Malls
February 02, 2020  |  Delivery

Property builders are constructing kitchens in empty malls to help fill food-delivery orders, a new strategy to service the flourishing business segment of driving restaurant...

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Splitty Makes It Easier To Grab A Piece Of The Travel Industry
Splitty Makes It Easier To Grab A Piece Of The Travel Industry
January 31, 2020  |  Platform Payments

Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....

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Flush With $4.5M Funding, Haus Launches Membership Program
Flush With $4.5M Funding, Haus Launches Membership Program
January 31, 2020  |  Subscription Commerce

Haus, an eCommerce startup that creates, bottles and ships apéritifs directly to consumers, announced a $4.5 million seed round and launched a membership program on...

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The Week In Payments: China, China, Challenger Banks And Bitcoin
The Week In Payments: China, China, Challenger Banks And Bitcoin
January 31, 2020  |  Commentary

If there were a theme in the big headlines this week in payments, financial services and commerce, it would have been movement. That theme was...

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Bitcoin Daily: Zap’s Lightning Wallet Targets ‘Normies’; Not Guilty Plea For Ethereum Dev Griffith; Ex-Coinbase COO Now At Figure
Bitcoin Daily: Zap’s Lightning Wallet Targets ‘Normies’; Not Guilty Plea For Ethereum Dev Griffith; Ex-Coinbase...
January 31, 2020  |  Bitcoin

Zap CEO Jack Mallers told Coindesk on Thursday (Jan. 30) his latest lightning wallet upgrade is a U.S. dollar clearing system that tackles numerous issues...

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Visa Logs 700M Visa Direct Transactions, Contactless Payments Surge
Visa Logs 700M Visa Direct Transactions, Contactless Payments Surge
January 30, 2020  |  VISA

Visa’s fiscal first-quarter results showed an acceleration of cross-border volumes, while contactless payments continued to gain ground in the U.S. and beyond. Get the Full...

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CBA Invests $200M In Klarna For Australian Rollout
CBA Invests $200M In Klarna For Australian Rollout
January 30, 2020  |  Payment Methods

The Commonwealth Bank of Australia (CBA) has invested $200 million in the Swedish FinTech unicorn Klarna, the buy now, pay later service for shoppers, both...

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Top News In Payments: Facebook Expenses Rise 51 Pct; Goldman Targets $125B In Consumer Deposits
Top News In Payments: Facebook Expenses Rise 51 Pct; Goldman Targets $125B In Consumer Deposits
January 30, 2020  |  News

In today’s top news, Facebook reports a 51 percent increase in expenses for 2019 in its Q4 earnings release, Goldman focuses on expanding its digital...

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