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

Banks Ask UK Treasury To Increase Limit On Contactless Payments

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...

READ MORE >
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...

READ MORE >
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....

READ MORE >
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...

READ MORE >
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...

READ MORE >
Citgo, P97 Networks Team On Mobile Payments, Loyalty Program
Citgo, P97 Networks Team On Mobile Payments, Loyalty Program
December 28, 2020  |  Mobile Payments

Citgo is entering into a new relationship with the cloud-based mobile commerce company P97 to help consumers buy food, fuel or other items via mobile...

READ MORE >
52 Mondays 2020: The Year Of Speed, Scale And Seismic Shifts in Payments
52 Mondays 2020: The Year Of Speed, Scale And Seismic Shifts in Payments
December 28, 2020  |  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 >
Payer Acceptance Of Consumer Choice Gives Instant Payments A Positive Outlook For 2021
Payer Acceptance Of Consumer Choice Gives Instant Payments A Positive Outlook For 2021
December 28, 2020  |  Payment Methods

We’re ticking down toward the end of a year that defies adjectives at this point. In the financial services space, there have been pandemic-fueled developments...

READ MORE >
Partnerships Drive B2B Payments Digital Transition
Partnerships Drive B2B Payments Digital Transition
December 28, 2020  |  B2B Payments

The question is seemingly an eternal one in the business realm: build vs. buy. And as FinTechs continue to challenge banks, but also offer new opportunities within...

READ MORE >