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

Grocery Store Food Halls Tread on Restaurant Turf to Customers’ Delight

Grocery Store Food Halls Tread on Restaurant Turf to Customers’ Delight
Grocery Store Food Halls Tread on Restaurant Turf to Customers’ Delight
November 02, 2022  |  Retail

Kroger, the United States’ leading pure-play grocer, is expanding its in-store virtual restaurants as grocery retailers expand their prepared meal options to remain competitive with...

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Musk’s Twitter-as-Payments-App Narrative Gains Steam
Musk’s Twitter-as-Payments-App Narrative Gains Steam
November 01, 2022  |  Payment Methods

There’s a growing narrative that Tesla CEO Elon Musk isn’t just planning to make payments a key part of his plans to remake Twitter, but...

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Honeywell Debuts Contactless Payment Tool Smart Pay
Honeywell Debuts Contactless Payment Tool Smart Pay
November 01, 2022  |  Digital Payments

As consumers increasingly turn away from cash payments, industrial conglomerate Honeywell has rolled out Honeywell Smart Pay, a contactless software payment solution. Get the Full...

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19% of Restaurant Customers Always Dine-In Despite Digital Options
19% of Restaurant Customers Always Dine-In Despite Digital Options
October 31, 2022  |  Data

Even with huge numbers of consumers now ordering their restaurant meals via aggregators or apps, in-person dining remains a major part of the restaurant industry...

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Worldline Acquires SoftPos to Tap Into Contactless Payment Demand
Worldline Acquires SoftPos to Tap Into Contactless Payment Demand
October 26, 2022  |  Acquisitions

French payments services firm Worldline has purchased a 55% stake in SoftPos, a Polish FinTech, the company announced Wednesday (Oct. 26). Get the Full Story...

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Coca-Cola Leverages Grab’s Super App to Drive Digital Sales
Coca-Cola Leverages Grab’s Super App to Drive Digital Sales
October 25, 2022  |  Earnings

As Coca-Cola looks to drive omnichannel engagement, the brand is seeing its partnership with Singapore-based super app Grab yield higher digital sales and at-home consumption....

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Bank Outsourcing Drives Digital Transformation In MENA Financial Services Sector
Bank Outsourcing Drives Digital Transformation In MENA Financial Services Sector
October 25, 2022  |  Digital-First Banking

With decades-old legacy infrastructure and the rise of digital-only players disrupting the banking space, financial institutions (FIs) stand to gain a lot from digital transformation....

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Banks Cut Neobanks’ First Mover Advantage on Fees and Tech
Banks Cut Neobanks’ First Mover Advantage on Fees and Tech
October 21, 2022  |  Digital-First Banking

In business, sometimes, the strategy is to be first — jumping into markets with new products and services, striving to capture consumers’ mind share, wallet...

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American Express: Millennial and Gen Z Spending Growth Up 39%
American Express: Millennial and Gen Z Spending Growth Up 39%
October 21, 2022  |  Earnings

For American Express, there’s been no slowdown or pullback by consumers, who continue to wield their cards at registers and online checkout pages with enthusiasm....

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