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

Square CEO Pushes Back On FinCEN’s Proposed Crypto Rules
Square CEO Pushes Back On FinCEN’s Proposed Crypto Rules
January 04, 2021  |  Cryptocurrency

Payments provider Square has spoken out against a recent Financial Crimes Enforcement Network (FinCEN) rule that would require cryptocurrency service providers to keep more detailed...

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Venmo Offers Free Service For Cashing US Stimulus Checks Via App
Venmo Offers Free Service For Cashing US Stimulus Checks Via App
January 04, 2021  |  Disbursements

Venmo, a mobile payments service, announced Monday (Jan. 4) it has launched a new Cash a Check feature — and that it will waive the...

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Circle CEO: For Banks, Digital Dollars Demand Stablecoin Strategy
Circle CEO: For Banks, Digital Dollars Demand Stablecoin Strategy
January 04, 2021  |  Digital-First Banking

Diem may be a shadow of what some proponents promised it would be back in 2019 — namely, a seismic shift for the monetary system...

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China’s CBDC  ‘Dress Rehearsal’ Sets Stage for Other Central Banks
China’s CBDC ‘Dress Rehearsal’ Sets Stage for Other Central Banks
January 04, 2021  |  Payment Methods

For digital currencies, as goes China, so will go the world? Get the Full Story Complete the form to unlock this article and enjoy unlimited...

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Banks Ask UK Treasury To Increase Limit On Contactless Payments
Banks Ask UK Treasury To Increase Limit On Contactless Payments
January 03, 2021  |  Digital Payments

The U.K. might up its amount for contactless payments from £45 to £100 in one of its first actions after officially leaving the European Union...

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Mastercard’s Jess Turner: Pandemic Aside, Consumers Call The Shots
Mastercard’s Jess Turner: Pandemic Aside, Consumers Call The Shots
December 30, 2020  |  Consumer Payments

If there’s a word that captures the state of financial services in 2020, it’s “acceleration.” Between the explosion of the digital economy driven by the...

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What 36 Payments Executives Wish For The World In 2021
What 36 Payments Executives Wish For The World In 2021
December 30, 2020  |  In Depth

Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....

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Central Bank Of Kenya Urges Digital Transactions
Central Bank Of Kenya Urges Digital Transactions
December 29, 2020  |  Payment Methods

The Central Bank of Kenya (CBK) is promoting the use of cashless transactions and is asking the providers of digital financial services to work together...

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Virtual Account Numbers Facilitate International Digital Banking
Virtual Account Numbers Facilitate International Digital Banking
December 29, 2020  |  Banking

To serve eCommerce companies’ needs, as transactions continue to shift online, banking needs to go digital, too. In an interview with PYMNTS, Lilia Metodieva, managing director...

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