Articles with tag: mobile wallet

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Younger generations drive UK alternative payment methods adoption, PPRO reveals

11 Aug 2020 | Online Payments

A new study from PPRO has revealed that younger generations feel confident using or have used alternative payment methods.

PPRO, study, alternative payment methods, APMs, UK, bank transfers, e-wallets, Millennials, Generation Z, credit cards, debit cards, local payment methods, LPMs, ecommerce, digital payment methods, PayPal, mobile wallets, Apple Pay, Google Pay, security, online merchants, PSPs, fintechs, checkout

Ecommerce and other card-not-present debit transactions surging, PULSE study reveals

11 Aug 2020 | Online Payments

Discover Financial Services’ PULSE has revealed that card-not-present transactions volume grew at 10 times the rate of card-present in 2019, while issuance of contactless cards nearly tripled.

Discover Financial Services, PULSE, study, card-not-present, transactions, card-present, contactless cards, 2020 Debit Issuer Study, A2A, account-to-account, debit, PayPal, Venmo, Zelle, person-to-person, business-to-consumer payments, insurance payouts, mobile wallet, Apple Pay, consumer behaviour, COVID-19, contactless debit

Everlink, Interac announce multi-year extension to tokenization service provider agreement

06 Aug 2020 | Digital Identity, Security & Online Fraud

Everlink has announced a multi-year extension of its Mobile Tokenization Service Provider agreement (TSP) with Interac

Everlink, Interac, Mobile Tokenization Service Provider agreement, TSP, Canada, cardholders, mobile wallet, tokenization, credentials, Interac TSP, Issuers, acquirers, Inter-Member Network, credential fulfillmen

Galileo's payments processing platform powers RoarMoneySM

04 Aug 2020 | Payments General

Galileo has announced that its customisable API-based payments processing platform is powering RoarMoneySM.

Galileo, MoneyLion, RoarMoneySM, card issuing, digital banking, mobile banking, lending, mobile wallet, cybersecurity, transactions, retail

Bank of America expands commercial contact-free payments in EMEA and APAC

31 Jul 2020 | Mobile Payments

Bank of America has expanded its mobile wallet capabilities for corporate clients in EMEA and APAC. 

Bank of America, mobile wallet, mobile payments, EMEA, APAC, US, corporate travel card, contactless payments

J.P. Morgan to leverage Marqeta's card tokenization capabilities

29 Jul 2020 | Cards

Card issuing platform Marqeta has announced that J.P. Morgan will leverage Marqeta’s card tokenization capabilities for its virtual card programme. 

Marqeta, card issuing, cards, tokenization, J.P. Morgan, mobile wallet, payments

Airtel Africa, Mukuru partner to enable cross-border payments within Africa

28 Jul 2020 | Mobile Payments

Telecommunications and mobile money services company Airtel Africa has partnered with Mukuru to enable its customers  cross-border payments.

Airtel Africa, Mukuru, cross-border payments, Africa, Airtel Money wallet, mobile wallet, kiosks, Malawi, Zambia, Uganda, Tanzania, Kenya, Democratic Republic of Congo.

Citcon to introduce plugins for merchants to pay with Alipay, WeChat Pay, UnionPay

27 Jul 2020 | Online Payments

US-based payments platform that helps merchants accept mobile wallets Citcon has revealed it will introduce a set of plugins built for ecommerce platforms.

Citcon, plugins, merchants, Alipay, WeChat Pay, UnionPay, payments, mobile wallets, US, ecommerce, alternative payment methods

MoCaFi launches mobile banking platform to address inequalities in communities

27 Jul 2020 | Online & Mobile Banking

Mobility Capital Finance (MoCaFi), a US-based fintech, has launched an upgraded mobile banking platform, designed to help address inequalities in communities of colour.

MoCaFi, mobile banking, banking, Mobility Capital Finance, US, fintech, COVID-19, coronavirus, pandemic, VanillaDirect, retail, Allpoint, MoCaFi Mobility Bank Account, MoCaFi Mobility Debit Mastercard, Mastercard, mobile wallet, e-wallet, contactless, payments, Mastercard ID Theft Protection, mobile app, Equifax, TransUnion, partnership

Starbucks reveals new payments features for its loyalty programme members

24 Jul 2020 | Ecommerce

Starbucks has announced that loyalty programme members will have more options to pay for their drinks.

Starbucks, loyalty programme, credit card, debit card, PayPal, mobile wallets, contactless payments, coronavirus, US, payment options, gift card, prepaid card

Airtel Africa, WorldRemit partner to grow money transfer business

20 Jul 2020 | Payments General

Telecom and mobile money services company Airtel Africa has partnered with digital money transfer service provider WorldRemit for instant money transfer services expansion across Africa.

Airtel Africa, WorldRemit, money transfer, mobile money, digital money, instant money transfer, RDC, Uganda, Zambia, Tanzania, Malawi, Niger, Mobile Money accounts, Rwanda, Airtel Money, payments, mobile wallets, mobile financial products, fintech

Visa launches contactless payments on public transport in 500 cities

20 Jul 2020 | Mobile Payments

Visa has rolled out contactless payment capabilities for public transportation in over 500 cities to support the rising demand for safer ways to travel.

Visa, launch, contactless payments, public transport, cards, Cubic Transportation Systems, London, Miami, New York, Sydney, Vancouver, tap-to-pay, Brussels, Bratislava, Bucharest, Hong Kong, Santo Domingo, Turin, COVID-19, Europe, US, contactless card, mobile wallet, fingerprint security

Mobile payment market to reach USD 4,574 bln by 2023 – Valuates Reports

13 Jul 2020 | Mobile Payments

Valuates Reports’ data has revealed that the mobile payment market is projected to reach USD 4,574 billion by 2023.

Valuates Reports, research, mobile payments, mobile payments market, mobile wallet, digital payments, cashless payments, ecommerce, omnichannel, APAC

AMK teams up with EMQ to support cross-border money transfer in Southeast Asia

07 Jul 2020 | Payments General

AMK, a provider of microfinance services in Cambodia, and EMQ, a global financial settlement network, have teamed up to facilitate cross-border money transfer across Southeast Asia. 

AMK, partnership, EMQ, cross-border, Asia, Cambodia, network, banks, mobile wallet

MFS Africa purchases digital PSP Beyonic

02 Jul 2020 | Payments General

Fintech MFS Africa has acquired Beyonic, a digital payments services provider for enterprises in Africa.

MFS Africa, Beyonic, PSP, SMEs, Africa, digital transactions, MFS Africa Hub, Fair Competition Commission, Tanzania, mobile wallets, API

InComm launches American Express Virtual Reward Card

01 Jul 2020 | Cards

US-based payments company InComm has announced the launch of the American Express Virtual Reward Card, a flexible solution for any rewards programme.

InComm, American Express Virtual Reward Card, American Express, US, prepaid reward card, mobile wallets

Singtel's mobile wallet Dash rolls out insurance savings plan

30 Jun 2020 | Mobile Payments

Singtel’s mobile wallet service Dash has rolled out an insurance savings plan, called 'Dash EasyEarn' to enable users to grow their savings conveniently. 

Singtel, mobile wallet, Dash, launch, insurance savings plan, Dash EasyEarn, Etiqa Insurance, payments, mobile data top-ups, ecommerce, lifestyle, remittance services, clawback, mobile payments

Commercial Bank Dubai teams up with Thunes

26 Jun 2020 | Payments General

Commercial Bank of Dubai (CBD) has partnered Thunes, a cross-border payment provider, to facilitate transaction flows between the UAE and the rest of the world.

Commercial Bank, Dubai, Thunes, partnership, remittances, cross-border, payments, transactions, UAE, India, Philippines, Pakistan, Bangladesh, banks, mobile wallet, CBD, CBF Mobile App, online banking, banking

UAE consumers go cashless as trust in digital payments surges amid COVID-19

22 Jun 2020 | Online Payments

Dubai Police, Dubai Economy (DED), and Visa have released data regarding shifts in the UAE-based consumers’ payment behaviour amid COVID-19. 

UAE, Dubai Police, Dubai Economy, (DED), Visa, payment behaviour, COVID-19, survey, in-store shopping, online shopping, digital payments, contactless cards, mobile wallets, digital wallets, cash on delivery, contactless payments, data privacy, biometrics, Apple Pay, Samsung Pay, Gen Z, tokenization, cart abandonment, merchants, ecommerce, local currency, SSL

Boku acquires Estonia-based mobile payments company Fortumo

19 Jun 2020 | Mobile Payments

US-based mobile payment company Boku has acquired Estonia-based direct carrier billing service provider Fortumo for a maximum consideration of USD 45 million.

Boku, US, mobile payments, Fortumo, direct carrier billing, DCB, joint strategy, merchants, SMEs, Google, Amazon, Tencent, digital merchants, Apple, Google, Facebook, Microsoft, PayPal, Spotify, Sony, mobile wallets