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

EMVCo Updates Mobile Payment Device Approval Process

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

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...

READ MORE >
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...

READ MORE >
Visa To Launch mVisa In Nigeria
Visa To Launch mVisa In Nigeria
August 17, 2016  |  Cross-border Payments

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...

READ MORE >
Compass Plus Gets Aggregator Accreditation For Faster Payments In UK
Compass Plus Gets Aggregator Accreditation For Faster Payments In UK
August 16, 2016  |  Real-Time 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...

READ MORE >
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...

READ MORE >
PYMNTS Mobile User Data Hints At Differentiation
PYMNTS Mobile User Data Hints At Differentiation
August 11, 2016  |  Mobile Payments

It’s amazing what you can find when you dig into the data. We have tens of thousands of data points from questions we’ve asked 4,000...

READ MORE >
Samsung Denies Samsung Pay Can Be Hacked Via The Tokenization Process
Samsung Denies Samsung Pay Can Be Hacked Via The Tokenization Process
August 10, 2016  |  Cybersecurity

Samsung is out on Tuesday (Aug. 9) denying that Samsung Pay can be hacked after a security researcher demonstrated how it can be done at a...

READ MORE >