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)

Hallmark Teams With Venmo to Streamline Cash Gifting
Hallmark Teams With Venmo to Streamline Cash Gifting
August 30, 2023  |  Partnerships

Hallmark and Venmo say they want to make lost birthday checks a thing of the past. The greeting card company and the PayPal-owned money transfer service announced Wednesday (Aug. 30)...

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Jump in Contactless Payments Opens Door for Digital Wallets
Jump in Contactless Payments Opens Door for Digital Wallets
August 30, 2023  |  Digital Payments

John (JP) Park, senior product manager of go to market strategy at Bank of America Merchant Services, told PYMNTS in an interview that the rise of...

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Weave Simplifies Healthcare Payments With New Scan to Pay Feature
Weave Simplifies Healthcare Payments With New Scan to Pay Feature
August 29, 2023  |  Mobile Payments

Weave, an all-in-one experience platform for small- to medium-sized healthcare practices, has introduced a new feature called Scan to Pay to its payment suite. The...

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European Neobank N26 Integrates Dutch Payment Service iDEAL
European Neobank N26 Integrates Dutch Payment Service iDEAL
August 25, 2023  |  Digital Payments

European digital bank N26 has integrated the popular local payment service iDEAL into its banking experience in the Netherlands. This move aims to enhance the banking experience for N26 customers in...

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Five Star Bank Teams With Autobooks to Offer Tap to Pay
Five Star Bank Teams With Autobooks to Offer Tap to Pay
August 21, 2023  |  Consumer Payments

Five Star Bank has begun offering contactless payments acceptance to its small business customers. The new offering, announced Monday (Aug. 21), is part of an expansion of...

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India Uses AI to Bring Voice-Activated Mobile Payments
India Uses AI to Bring Voice-Activated Mobile Payments
August 20, 2023  |  artificial intelligence

India is using artificial intelligence (AI) to expand digital payments to rural areas. As the Financial Times (FT) noted in a report Saturday (Aug. 19), while...

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30% of Consumers Swap Instant for Slower Payments to Avoid Fees
30% of Consumers Swap Instant for Slower Payments to Avoid Fees
August 19, 2023  |  Faster Payments

Buoyed by growing consumer preference for faster payments, instant disbursements have gained popularity in recent years. The recent launch of the FedNow instant payments system...

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India’s Mobile Payments Embrace Lays Fertile Ground for Walmart, Amazon eCommerce Ambitions
India’s Mobile Payments Embrace Lays Fertile Ground for Walmart, Amazon eCommerce Ambitions
August 18, 2023  |  eCommerce

The jousting between Amazon and Walmart for eyeballs browsing market places, and share of digital wallet for consumer spending, is finding an evolving battleground in...

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Consumers Love Mobile Wallet Bill Pay but Extra Fees May Halt Further Adoption
Consumers Love Mobile Wallet Bill Pay but Extra Fees May Halt Further Adoption
August 18, 2023  |  Mobile Wallets

Half of consumers won’t pay bills with mobile wallets if they must pay extra. Mobile wallet use for bill pay is growing across age demographics, with...

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