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)

Grocery Store Food Halls Tread on Restaurant Turf to Customers’ Delight
Grocery Store Food Halls Tread on Restaurant Turf to Customers’ Delight
November 02, 2022  |  Retail

Kroger, the United States’ leading pure-play grocer, is expanding its in-store virtual restaurants as grocery retailers expand their prepared meal options to remain competitive with...

READ MORE >
Musk’s Twitter-as-Payments-App Narrative Gains Steam
Musk’s Twitter-as-Payments-App Narrative Gains Steam
November 01, 2022  |  Payment Methods

There’s a growing narrative that Tesla CEO Elon Musk isn’t just planning to make payments a key part of his plans to remake Twitter, but...

READ MORE >
Honeywell Debuts Contactless Payment Tool Smart Pay
Honeywell Debuts Contactless Payment Tool Smart Pay
November 01, 2022  |  Digital Payments

As consumers increasingly turn away from cash payments, industrial conglomerate Honeywell has rolled out Honeywell Smart Pay, a contactless software payment solution. According to a...

READ MORE >
19% of Restaurant Customers Always Dine-In Despite Digital Options
19% of Restaurant Customers Always Dine-In Despite Digital Options
October 31, 2022  |  Data

Even with huge numbers of consumers now ordering their restaurant meals via aggregators or apps, in-person dining remains a major part of the restaurant industry...

READ MORE >
Worldline Acquires SoftPos to Tap Into Contactless Payment Demand
Worldline Acquires SoftPos to Tap Into Contactless Payment Demand
October 26, 2022  |  Acquisitions

French payments services firm Worldline has purchased a 55% stake in SoftPos, a Polish FinTech, the company announced Wednesday (Oct. 26). Founded in 2019, Warsaw-based...

READ MORE >
Coca-Cola Leverages Grab’s Super App to Drive Digital Sales
Coca-Cola Leverages Grab’s Super App to Drive Digital Sales
October 25, 2022  |  Earnings

As Coca-Cola looks to drive omnichannel engagement, the brand is seeing its partnership with Singapore-based super app Grab yield higher digital sales and at-home consumption....

READ MORE >
Bank Outsourcing Drives Digital Transformation In MENA Financial Services Sector
Bank Outsourcing Drives Digital Transformation In MENA Financial Services Sector
October 25, 2022  |  Digital-First Banking

With decades-old legacy infrastructure and the rise of digital-only players disrupting the banking space, financial institutions (FIs) stand to gain a lot from digital transformation....

READ MORE >
Banks Cut Neobanks’ First Mover Advantage on Fees and Tech
Banks Cut Neobanks’ First Mover Advantage on Fees and Tech
October 21, 2022  |  Digital-First Banking

In business, sometimes, the strategy is to be first — jumping into markets with new products and services, striving to capture consumers’ mind share, wallet...

READ MORE >
American Express: Millennial and Gen Z Spending Growth Up 39%
American Express: Millennial and Gen Z Spending Growth Up 39%
October 21, 2022  |  Earnings

For American Express, there’s been no slowdown or pullback by consumers, who continue to wield their cards at registers and online checkout pages with enthusiasm....

READ MORE >