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

Credit Unions Bring Digital Technology To Customer-Centric Strategy
Credit Unions Bring Digital Technology To Customer-Centric Strategy
February 22, 2021  |  Credit Unions

The value proposition for credit unions continues to be member-centric at all costs. But the pandemic has slightly revised that approach. CO-OP’s Senior Vice President...

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Deutsche Bank, 2C2P Roll Out Collections System In Thailand
Deutsche Bank, 2C2P Roll Out Collections System In Thailand
February 18, 2021  |  B2B Payments

Deutsche Bank has introduced a modern payment system for its Thailand customers to support local collections via 2C2P, a payments platform provider in Southeast Asia....

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Payments Orchestration And Smart Routing Boost Authorization Rates
Payments Orchestration And Smart Routing Boost Authorization Rates
February 12, 2021  |  Payment Methods

In 1943, psychologist Abraham Maslow developed his hierarchy of needs — five categories such as shelter, food, love and esteem that build on one another...

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Affirm Hits 4.5M Users, Shoots For Everyday Payment Expansion
Affirm Hits 4.5M Users, Shoots For Everyday Payment Expansion
February 11, 2021  |  Earnings

Buy now pay later platform Affirm held its first earnings call as a public company Thursday (Feb. 11), presenting solid metrics for 2020 and a...

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Subscription Models Gain Traction With Tech Companies, Traditional Media
Subscription Models Gain Traction With Tech Companies, Traditional Media
February 11, 2021  |  Subscriptions

The great subscription rush is on. It seems like every day another traditional subscription-based business reports big numbers or there’s another big name making new...

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No Layovers: Instant Payments Take Direct Path To Primary Account Access
No Layovers: Instant Payments Take Direct Path To Primary Account Access
February 11, 2021  |  Faster Payments

Everyone has dealt with the incentive that failed to feel like a reward. Examples: The prepaid gift card one’s cable provider is desperately trying to...

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Western Union Eyes $1 Billion in Digital Transaction Revenues in 2021
Western Union Eyes $1 Billion in Digital Transaction Revenues in 2021
February 10, 2021  |  Earnings

Western Union posted fourth-quarter results Wednesday (Feb. 10) that showed digital transactions gathering momentum in the face of the pandemic, and double-digit growth in average...

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Short-Term Lending Shows Promise As Lifeline For Paycheck-To-Paycheck Consumer
Short-Term Lending Shows Promise As Lifeline For Paycheck-To-Paycheck Consumer
February 10, 2021  |  Loans

As the pandemic lingers and as individuals and families endure cash crunches and job losses, the exposure to unplanned expenses can reach critical levels. As...

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Mesh Payments Raises $13 Million To Advance Cardless Corporate Payments
Mesh Payments Raises $13 Million To Advance Cardless Corporate Payments
February 09, 2021  |  Investments

Mesh Payments, which works in corporate payment processing, has completed a financing round with $13 million, according to an emailed Tuesday (Feb. 9) press release....

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