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

ACI Worldwide and Dock Bring ‘Acquiring-as-a-Service’ to Brazil
ACI Worldwide and Dock Bring ‘Acquiring-as-a-Service’ to Brazil
July 19, 2023  |  Partnerships

ACI Worldwide says it wants to bring “Acquiring-as-a-Service” to the Brazilian market. To that end, the real-time payments software company has teamed with Dock, a...

READ MORE >
Apple Introduces Tap to Pay on iPhone for Contactless Payments in the UK
Apple Introduces Tap to Pay on iPhone for Contactless Payments in the UK
July 13, 2023  |  Mobile Commerce

Apple has begun offering its Tap to Pay on iPhone feature to merchants in the U.K. The new offering, announced Thursday (July 13), lets merchants...

READ MORE >
Report: African Startup Union54 Plans September Launch of Super App
Report: African Startup Union54 Plans September Launch of Super App
June 30, 2023  |  Mobile Payments

African startup Union54 is reportedly developing a super app that may launch in September. The new ChitChat app aims to provide secure messaging, dollar-based virtual...

READ MORE >
PayPal Bets on Tap to Pay to Drive Everyday Spend to Small Businesses
PayPal Bets on Tap to Pay to Drive Everyday Spend to Small Businesses
June 28, 2023  |  Digital Payments

Many consumers would be lost without their phones, as the world increasingly fits in the palm of a hand — at least the crucial everyday...

READ MORE >
Mobile Wallet Use Is Poised for Permanence and Grew From Pandemic Behavioral Changes
Mobile Wallet Use Is Poised for Permanence and Grew From Pandemic Behavioral Changes
June 27, 2023  |  Mobile

The next installment of PYMNTS’ mini-series based around consumer behavior that began during the pandemic focuses on mobile wallets. Certain consumer preferences that are now...

READ MORE >
60% of Consumers Use Digital Wallets for Bill Payments
60% of Consumers Use Digital Wallets for Bill Payments
June 26, 2023  |  Mobile

Consumers are increasingly adopting mobile wallets to remove friction from payments. For PYMNTS’ study “Digital Bill Payments: Frequent Mobile Wallet Bill Pay Users the Most...

READ MORE >
PYMNTS Study: eCommerce Consumers Want Payments Choice and Data Security
PYMNTS Study: eCommerce Consumers Want Payments Choice and Data Security
June 09, 2023  |  eCommerce

After a stellar run through the pandemic, eCommerce was humbled as consumers flocked back to physical stores in 2022 and 2023. The wheel is turning...

READ MORE >
Plaid Rolls Out Identity Verification Across Apps and Services
Plaid Rolls Out Identity Verification Across Apps and Services
June 08, 2023  |  Authentication

Plaid now enables consumers to verify their identity across all Plaid-powered apps and services. The open banking platform has modified its Identity Verification product so that previously verified...

READ MORE >
Infor and TipQwik Partner to Streamline Hotel Tipping
Infor and TipQwik Partner to Streamline Hotel Tipping
June 05, 2023  |  Partnerships

Software firm Infor has teamed with TipQwik to offer hotel guests more tipping options. The partnership lets customers using Infor’s Hospitality Management System (HMS) customers offer guests the ability to give...

READ MORE >