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

Alipay, WorldRemit Team On Cross-Border Remittance

Alipay, WorldRemit Team On Cross-Border Remittance
Alipay, WorldRemit Team On Cross-Border Remittance
February 05, 2020  |  Partnerships

Money transfer platform WorldRemit announced a new partnership with Alipay that will make it easier for users to do cross-border transfers and make payments worldwide,...

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Macy’s to Shut 125 Stores, Shutter Tech Offices
Macy’s to Shut 125 Stores, Shutter Tech Offices
February 04, 2020  |  Retail

Macy’s struggles continue as customer habits change to discount stores and online purchases, and the company said it’s going to close 125 department stores through...

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Mastercard, Pine Labs And The Global Buy Now, Pay Later Explosion
Mastercard, Pine Labs And The Global Buy Now, Pay Later Explosion
February 04, 2020  |  BNPL

A quick survey of the most recent edition of the PYMNTS Buy Now, Pay Later Tracker indicates that a genuine sea of change is rising when it comes...

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PBOC Pumps $173B Into Chinese Economy To Combat Virus Impact
PBOC Pumps $173B Into Chinese Economy To Combat Virus Impact
February 03, 2020  |  Cross-border Payments

The Chinese government braced for additional economic turmoil, took steps to bolster its lagging economy and activated new safety measures as the coronavirus epidemic spread...

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Banking-As-A-Service’s Secret Sauce
Banking-As-A-Service’s Secret Sauce
February 03, 2020  |  Innovation

Remember that old term “banker’s hours?” Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...

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Cybercrime’s New Stomping Grounds: Smart Cities
Cybercrime’s New Stomping Grounds: Smart Cities
February 03, 2020  |  Innovation

For at least the last five years — futurists and smart technology boosters have been touting the inevitable rise of the smart city. The smart...

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Uber Bans 240 Mexican Passengers As Coronavirus Precaution
Uber Bans 240 Mexican Passengers As Coronavirus Precaution
February 03, 2020  |  Cross-border Payments

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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