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

Revolut Partners With Tech Firm Jabil to Scale Development of Mobile POS

Revolut Partners With Tech Firm Jabil to Scale Development of Mobile POS
Revolut Partners With Tech Firm Jabil to Scale Development of Mobile POS
January 15, 2024  |  Partnerships

Technology firm Jabil is helping Revolut scale the production of its mobile point-of-sale system. Get the Full Story Complete the form to unlock this article...

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Commerzbank and Global Payments Team to Help German Small Businesses
Commerzbank and Global Payments Team to Help German Small Businesses
January 11, 2024  |  Partnerships

Commerzbank and Global Payments teamed to offer digital payment solutions to German small- to medium-sized businesses (SMBs). Get the Full Story Complete the form to...

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X to Add Peer-to-Peer Payments in 2024, Aims to Be ‘Everything App’
X to Add Peer-to-Peer Payments in 2024, Aims to Be ‘Everything App’
January 09, 2024  |  Mobile Applications

X, the social media platform formerly known as Twitter, plans to launch peer-to-peer payments this year.  Get the Full Story Complete the form to unlock...

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1 in 5 Consumers Pay Auto Loans With Mobile Wallets
1 in 5 Consumers Pay Auto Loans With Mobile Wallets
January 04, 2024  |  Mobile Wallets

Mobile wallets have gained immense popularity among consumers, not only for making in-store purchases but also for their ability to manage finances and store sensitive...

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Apple Payment Services Restored After Short Outage
Apple Payment Services Restored After Short Outage
December 20, 2023  |  Apple

A number of Apple’s payment features were down for part of Wednesday (Dec. 20) morning. Get the Full Story Complete the form to unlock this article and...

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60% of U.S. Consumers Use Mobile Wallets to Pay Bills
60% of U.S. Consumers Use Mobile Wallets to Pay Bills
December 15, 2023  |  Mobile Wallets

Although satisfaction is high among mobile wallet users when making bill payments, many face difficulties during the process. Get the Full Story Complete the form...

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Nearly 1 in 4 Millennials Shop for Non-Grocery Retail Items From Their Phones
Nearly 1 in 4 Millennials Shop for Non-Grocery Retail Items From Their Phones
December 08, 2023  |  Mobile Wallets

With the advent of smartphones, consumers have embraced the convenience of shopping from the palm of their hand, resulting in a significant transformation in their...

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Venmo No Longer Accepted on Amazon in January
Venmo No Longer Accepted on Amazon in January
December 07, 2023  |  Amazon 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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US Retailers Benefit From Offering APAC Travelers Their Preferred Payment Methods 
US Retailers Benefit From Offering APAC Travelers Their Preferred Payment Methods 
December 06, 2023  |  Payment Methods

Wei Jiang, co-founder, president and COO at Citcon, told PYMNTS in a recent interview that the travel rebound is a long-standing trend — and one that...

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