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

Polish Consumers Embrace Contactless as POS Payments Jump 162% YoY
Polish Consumers Embrace Contactless as POS Payments Jump 162% YoY
February 16, 2023  |  Mobile Payments

Mobile payments in Poland have made significant ground in recent years. Leading the charge is BLIK, the bank-backed payment system which has been fueling digital...

READ MORE >
Legacy Payments Infrastructure Holds Small Merchants Back in Emerging Markets
Legacy Payments Infrastructure Holds Small Merchants Back in Emerging Markets
February 16, 2023  |  Digital Payments

The imbalance between payments issuance and acceptance is a major pain point in emerging markets. According to Islam Shawky, co-founder and CEO at Cairo-based digital...

READ MORE >
Consumer Spending Rebound May Spark Main Street Retailers’ Digital Makeover
Consumer Spending Rebound May Spark Main Street Retailers’ Digital Makeover
February 15, 2023  |  SMBs

January’s retail figures caused a collective sigh of relief, hinting we may be turning an economic corner.  The 3% consumer spending surge felt especially sharp after November...

READ MORE >
Norway’s Vipps Seeks EU Antitrust Help Against Apple
Norway’s Vipps Seeks EU Antitrust Help Against Apple
February 15, 2023  |  Mobile Payments

Norwegian FinTech Vipps is seeking the European Union’s help in an antitrust battle against Apple. CEO Rune Garborg told Reuters in an interview published Wednesday...

READ MORE >
Justice Department Steps Up Apple Antitrust Probe
Justice Department Steps Up Apple Antitrust Probe
February 15, 2023  |  ANTITRUST

A federal investigation targeting Apple is reportedly escalating amid a wave of corporate antitrust actions. While the U.S. Justice Department probe into the iPhone maker is a...

READ MORE >
Italy’s Mobile Wallet Use Rises, Despite Government Cash Chaos
Italy’s Mobile Wallet Use Rises, Despite Government Cash Chaos
February 14, 2023  |  Payment Methods

PYMNTS’ Q3 2022 ConnectedEconomy™ Index, “How the World Does Digital,” finds that consumers globally are increasingly incorporating digital tools, transactions and activities into their daily...

READ MORE >
Why the Whole World Is Bullish on Generative AI
Why the Whole World Is Bullish on Generative AI
February 09, 2023  |  Artificial Intelligence

The world is entering a new age of generative AI, and there’s no going back. This, as even a flubbed demonstration of the next-generation artificial...

READ MORE >
Car IQ Raises $15M to Drive the Future of Machine-to-Machine Payments Using Cars
Car IQ Raises $15M to Drive the Future of Machine-to-Machine Payments Using Cars
February 07, 2023  |  Connected Economy

Tomorrow’s connected ecosystem will leverage machine-native wallets, enabling authenticated machine-to-machine transactions across various commercial settings. No people necessary. That’s the vision of Sterling Pratz, CEO at...

READ MORE >
Mobily Expands Mobile Payment Service in Saudi Arabia
Mobily Expands Mobile Payment Service in Saudi Arabia
February 06, 2023  |  Mobile

Mobily has expanded its new mobile payment service, Mobily Pay. The Saudi Arabian telecom service provider has expanded Mobily Pay services in the county via...

READ MORE >