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

52 Mondays 2021: And Just Like That, The Connected Economy Takes Off

52 Mondays 2021: And Just Like That, The Connected Economy Takes Off
52 Mondays 2021: And Just Like That, The Connected Economy Takes Off
December 27, 2021  |  Karen Webster

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 >
Deel CEO: Crypto Gives Employers New Payroll Option to Attract Global Workforce
Deel CEO: Crypto Gives Employers New Payroll Option to Attract Global Workforce
December 27, 2021  |  Gig Economy

Remote work has become a permanent fixture in most organizations today. With it, many companies are looking to take advantage and expand their horizons. Get...

READ MORE >
PayPal, PACE Telematics Bring Mobile Payments to Gas Stations
PayPal, PACE Telematics Bring Mobile Payments to Gas Stations
December 22, 2021  |  Mobile Payments

German-based mobile fuel station payments provider PACE Telematics has joined forces with PayPal to enable mobile payments at fuel pumps with a smartphone or, in...

READ MORE >
USPS Takes Apple Pay Online but Not In-Person
USPS Takes Apple Pay Online but Not In-Person
December 20, 2021  |  Apple Pay

Apple Pay is now accepted by the U.S. Postal Service (USPS) online, but for in-person transactions at retail locations, another payment method is needed, according...

READ MORE >
75% of Financial Institutions Plan to Expand Support for Cryptocurrencies Over the Next 12 Months
75% of Financial Institutions Plan to Expand Support for Cryptocurrencies Over the Next 12 Months
December 17, 2021  |  Cryptocurrency

Financial institutions (FIs) are preparing for an anticipated surge in the usage of cryptocurrency, and competition among FIs angling to underpin businesses’ cryptocurrency payments is...

READ MORE >
MassDOT and PayByCar Launch Pay-by-Text Gas Payments
MassDOT and PayByCar Launch Pay-by-Text Gas Payments
December 13, 2021  |  Mobile Payments

Mobile payments platform PayByCar, Inc. on Monday (Dec. 13) teamed up with the Massachusetts Department of Transportation on a text-based initiative that will alert members...

READ MORE >
How Consumers Pay for the Half-Trillion Dollars They Spend Every Month
How Consumers Pay for the Half-Trillion Dollars They Spend Every Month
December 06, 2021  |  Consumer Finance

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 >
Facebook Testing ‘Split Payments’ Feature in Messenger
Facebook Testing ‘Split Payments’ Feature in Messenger
December 03, 2021  |  Facebook

Splitting shared payments can be difficult, whether it’s quickly dividing up a dinner bill for several people or wrangling everyone’s share of rent in shared...

READ MORE >
Tencent’s WeChat Pay Envisions Future Where Payment Options are the Norm
Tencent’s WeChat Pay Envisions Future Where Payment Options are the Norm
December 02, 2021  |  Mobile Payments

China’s crackdown on technology companies that offer payment services had the unintended side effect of opening the lines of communication between competitors like Alibaba and...

READ MORE >