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

India Uses AI to Bring Voice-Activated Mobile Payments
India Uses AI to Bring Voice-Activated Mobile Payments
August 20, 2023  |  Artificial Intelligence

India is using artificial intelligence (AI) to expand digital payments to rural areas. As the Financial Times (FT) noted in a report Saturday (Aug. 19), while...

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30% of Consumers Swap Instant for Slower Payments to Avoid Fees
30% of Consumers Swap Instant for Slower Payments to Avoid Fees
August 19, 2023  |  Real-Time Payments

Buoyed by growing consumer preference for faster payments, instant disbursements have gained popularity in recent years. The recent launch of the FedNow instant payments system...

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India’s Mobile Payments Embrace Lays Fertile Ground for Walmart, Amazon eCommerce Ambitions
India’s Mobile Payments Embrace Lays Fertile Ground for Walmart, Amazon eCommerce Ambitions
August 18, 2023  |  eCommerce

The jousting between Amazon and Walmart for eyeballs browsing market places, and share of digital wallet for consumer spending, is finding an evolving battleground in...

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Consumers Love Mobile Wallet Bill Pay but Extra Fees May Halt Further Adoption
Consumers Love Mobile Wallet Bill Pay but Extra Fees May Halt Further Adoption
August 18, 2023  |  Mobile

Half of consumers won’t pay bills with mobile wallets if they must pay extra. Mobile wallet use for bill pay is growing across age demographics, with...

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Alipay Debuts ‘International’ Version of Mobile Payment App
Alipay Debuts ‘International’ Version of Mobile Payment App
August 17, 2023  |  Mobile

Chinese payments platform Alipay has debuted an “International Version” of its app for overseas travelers to China. The new version, announced Thursday (Aug. 17), is...

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Juniper Payments: FedNow Can Spur Credit Unions to ‘Reimagine’ Financial Services
Juniper Payments: FedNow Can Spur Credit Unions to ‘Reimagine’ Financial Services
August 16, 2023  |  Real-Time Payments

Only a few weeks after launching in July, the FedNow Service promises to help transform payments, commerce and banking. But as Dr. Jorge Jimenez, president of Juniper Payments, a PSCU company,...

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MTN Group CEO: Open to Selling Up to 30% of FinTech Business
MTN Group CEO: Open to Selling Up to 30% of FinTech Business
August 15, 2023  |  Banking

African telecommunications company MTN Group Ltd. is seeking to include up to three more strategic investors in its telecom unit, said MTN Group CEO Ralph Mupita....

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MarginEdge Debuts B2B Mobile Pay for Restaurants
MarginEdge Debuts B2B Mobile Pay for Restaurants
August 14, 2023  |  ResTech

Restaurant management/bill payment platform MarginEdge wants to let customers make payments using their smartphones. The Virginia company announced the launch of its mobile bill payment platform in a...

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LendingPoint Launches Personal Financial Health and Management Tool for Customers
LendingPoint Launches Personal Financial Health and Management Tool for Customers
August 14, 2023  |  Consumer Finance

LendingPoint has added a personal financial health and management tool to its artificial intelligence (AI)-driven CreditTech platform. The new tool, which is now available for free...

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