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

EU Invites Comments on Solutions to Apple Pay Competition Issues

EU Invites Comments on Solutions to Apple Pay Competition Issues
EU Invites Comments on Solutions to Apple Pay Competition Issues
January 19, 2024  |  ANTITRUST

The European Commission (EC) has invited comments on the commitments offered by Apple to address competition concerns related to access restrictions for contactless payments on...

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Boku Promotes Barclaycard Vet Stuart Neal to CEO
Boku Promotes Barclaycard Vet Stuart Neal to CEO
January 18, 2024  |  Personnel

Boku promoted longtime executive Stuart Neal to head of the mobile payments company. Neal has been serving as Boku’s CEO designate since July of last...

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Google Aims to Take UPI Payments Beyond India’s Borders
Google Aims to Take UPI Payments Beyond India’s Borders
January 17, 2024  |  News

Google Pay is working to expand India’s popular mobile payment system beyond that country’s borders. The tech giant has signed an agreement with the National...

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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. Revolut debuted its Revolut Reader in 2022, letting merchants accept in-store...

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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). The companies have joined to form Commerz Globalpay...

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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

X, the social media platform formerly known as Twitter, plans to launch peer-to-peer payments this year.  Doing so will add more user utility to the...

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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

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  |  Mobile Commerce

A number of Apple’s payment features were down for part of Wednesday (Dec. 20) morning. The company’s Card, Cash, Pay and Wallet systems were down between 6:15 a.m. and...

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