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

Why the Whole World Is Bullish on Generative AI

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...

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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...

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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...

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P97 and Visa Collaborate on Mobile Convenience Store Payments
P97 and Visa Collaborate on Mobile Convenience Store Payments
January 31, 2023  |  Mobile Payments

P97 Networks has teamed with Visa to expand its mobile payment offerings for convenience stores. “This collaboration will help reduce friction with in-car payments, enable...

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Restaurants on Aggregators Generate Buzz to Combat Scrolling Fatigue
Restaurants on Aggregators Generate Buzz to Combat Scrolling Fatigue
January 25, 2023  |  ResTech

With the digitization of the restaurant industry, aggregators’ marketplaces have become overwhelming for many consumers. In an interview with PYMNTS, André Moraes, senior director of marketing...

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Convenience Stores Prioritize Scan and Pay as Other Retailers Hold Off
Convenience Stores Prioritize Scan and Pay as Other Retailers Hold Off
January 25, 2023  |  Payment Methods

As retailers weigh the pros and cons of scan-and-pay, PYMNTS data shows convenience stores are amenable. The Context Self-checkout technologies can be a mixed bag...

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Incentives and Rewards Driving Consumer Interest in Money-Storing Apps
Incentives and Rewards Driving Consumer Interest in Money-Storing Apps
January 24, 2023  |  Consumer Finance

Nearly 60% of consumers now use money-storing apps, which they use for everything from peer-to-peer (P2P) transfers and retail purchases. Capitalizing on this growing user...

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Banks’ Digital Wallet Battle Easier vs Apple Pay, Harder vs PayPal 
Banks’ Digital Wallet Battle Easier vs Apple Pay, Harder vs PayPal 
January 23, 2023  |  Payment Methods

The banks have two targets in the digital wallet battle — one, Apple Pay, may be easier to “beat.”   PayPal may prove to be a...

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