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

Zelle Network Transaction Volume Increased 26% in 2022

Zelle Network Transaction Volume Increased 26% in 2022
Zelle Network Transaction Volume Increased 26% in 2022
February 16, 2023  |  Mobile Payments

The Zelle Network reported a 26% increase in transaction volume in 2022 as the number of participating financial institutions increased by 40%. Get the Full...

READ MORE >
Vexi Raises $8M to Expand Access to Credit in Mexico
Vexi Raises $8M to Expand Access to Credit in Mexico
February 16, 2023  |  Financial Inclusion

Mexican neobank Vexi has raised $8 million in a Series A funding round. Get the Full Story Complete the form to unlock this article and...

READ MORE >
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. Get the Full Story Complete the form to unlock this article and enjoy unlimited...

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. Get the Full Story Complete the form to unlock this...

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.  Get the Full Story Complete the form to unlock this...

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. Get the Full Story Complete the form to unlock this...

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. Get the Full Story Complete the form to unlock this article and...

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

Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....

READ MORE >