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

Nordic Banks Strike Deal To Merge Three Mobile Payments Apps

Nordic Banks Strike Deal To Merge Three Mobile Payments Apps
Nordic Banks Strike Deal To Merge Three Mobile Payments Apps
June 30, 2021  |  Mobile Commerce

Denmark-based Danske Bank, which operates MobilePay, has reached an agreement with OP Financial Group in Finland, which owns Pivo, and the Norwegian banks behind Vipps...

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Shopify Lowers Developer Fees, Upgrades Checkout, Gateway Options
Shopify Lowers Developer Fees, Upgrades Checkout, Gateway Options
June 29, 2021  |  eCommerce

Shopify has rolled out several new updates to its shopping platform, including reducing the developer revenue share to 0 percent for the first $1 million...

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Citcon Attains Oracle Validated Integration With Xstore Expertise For Payment Gateway
Citcon Attains Oracle Validated Integration With Xstore Expertise For Payment Gateway
June 29, 2021  |  Mobile Payments

Oracle PartnerNetwork (OPN) member Citcon has attained the status of Oracle Validated Integration with Xstore Expertise for its connection of the Citcon payment gateway offering, according...

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Venmo Raises P2P Fees, To Charge Goods, Services Providers
Venmo Raises P2P Fees, To Charge Goods, Services Providers
June 27, 2021  |  Mobile Payments

New Venmo rules will make it so users who get payments identified as goods and services will be charged a 1.9 percent transaction fee plus...

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Stripe’s John Collison: The Best Of The Connected Future Is Still To Come
Stripe’s John Collison: The Best Of The Connected Future Is Still To Come
June 24, 2021  |  Commerce Connected

When Stripe President and Co-founder John Collison and PYMNTS Karen Webster were contemplating the future of the Connected Economy, they recalled the past, specifically 2005...

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Mastercard: Digital Identity Aligns Security With Consumer Experience
Mastercard: Digital Identity Aligns Security With Consumer Experience
June 23, 2021  |  Retail

After countless data breaches and hacker attempts on their personal data, consumers are pretty well fed-up with the problem and have taken on a zero-tolerance...

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COVID-Hardened Businesses Will Lead Post-Pandemic Connected Economy
COVID-Hardened Businesses Will Lead Post-Pandemic Connected Economy
June 23, 2021  |  Commerce Connected

To focus only on the outsized impact the coronavirus inflicted on the travel industry would be a mistake, CellPoint Digital CEO Kristian Gjerding told Karen...

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Today In Payments: Payments Firm Mollie Notches $800M; DoorDash, Albertsons Team For One-Hour Grocery Delivery
Today In Payments: Payments Firm Mollie Notches $800M; DoorDash, Albertsons Team For One-Hour Grocery Delivery
June 22, 2021  |  News

In today’s top news, Amsterdam-based FinTech Mollie raised $800 million; DoorDash and Albertsons have teamed up for fast grocery delivery. Plus, Soho House is going...

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Biometrics Shape the Evolution of Physical (and Virtual) Cards
Biometrics Shape the Evolution of Physical (and Virtual) Cards
June 22, 2021  |  Payment Methods

As commerce becomes truly omnichannel, consumers are becoming used to wielding plastic and virtual cards. According to Amanda Gourbault, executive vice president, financial institutions at...

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