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

Samsung Pay Reaches 100 Million Unique Transactions

Samsung Pay Reaches 100 Million Unique Transactions
Samsung Pay Reaches 100 Million Unique Transactions
August 25, 2016  |  Mobile Payments

Samsung Electronics announced on Wednesday (Aug. 24) that, on its one-year anniversary of Samsung Pay, it has had around 100 million unique transactions in seven...

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Mobile Payments: Adornments For the U.S., mVisa For The Unbanked In Nigeria
Mobile Payments: Adornments For the U.S., mVisa For The Unbanked In Nigeria
August 25, 2016  |  Mobile Payments

This week, Visa has big news for Nigeria. Adornment is also a theme as corporate activity sees Mary Kay consultants with new Bluetooth readers paired...

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Chase Inks Deal With Phillips 66 For Chase Pay
Chase Inks Deal With Phillips 66 For Chase Pay
August 18, 2016  |  Partnerships / Acquisitions

 JPMorgan Chase announced on Wednesday (Aug. 17) it inked a multi-year deal with Phillips 66 in which Chase Pay will be accepted at Phillips 66,...

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EMVCo Updates Mobile Payment Device Approval Process
EMVCo Updates Mobile Payment Device Approval Process
August 18, 2016  |  EMV

EMVCo announced a new streamlined approach to approving contactless mobile payment-enabled devices that operate with EMV Level 1 approved payment acceptance terminals. Get the Full...

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UnionPay Comes To North America With Merchants Now Accepting QuickPass In Canada
UnionPay Comes To North America With Merchants Now Accepting QuickPass In Canada
August 17, 2016  |  Mobile Payments

UnionPay International announced on Tuesday (Aug. 16) that several daily-spending merchants in Canada will start accepting UnionPay mobile QuickPass, marking the debut of the service...

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Visa To Launch mVisa In Nigeria
Visa To Launch mVisa In Nigeria
August 17, 2016  |  International

Visa is said to be in advanced talks with some of the big banks in Nigeria and gearing up to roll out mVisa, its mobile payments...

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Compass Plus Gets Aggregator Accreditation For Faster Payments In UK
Compass Plus Gets Aggregator Accreditation For Faster Payments In UK
August 16, 2016  |  Faster Payments

Compass Plus, the electronic payments software company, announced on Monday (Aug. 15) that it has been certified as one of only five companies to gain...

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Sizzle Or Fizzle: Restaurants Rule, FireEye Flounders And Lending Club Is Back On The List
Sizzle Or Fizzle: Restaurants Rule, FireEye Flounders And Lending Club Is Back On The List
August 12, 2016  |  Payments Innovation

The Olympic athletes are undoubtedly the biggest Sizzle of all this week, and Team USA has given new meaning to the word. The focus and...

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