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)

Indian FinTech PhonePe Launches Credit Use on App
Indian FinTech PhonePe Launches Credit Use on App
August 22, 2024  |  Credit Cards

PhonePe is rolling out a way for Indian consumers to link their credit lines to the Unified Payments Interface (UPI) on its platform. Shoppers can...

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FIS and Neural Payments Partner on P2P Payment Service
FIS and Neural Payments Partner on P2P Payment Service
August 15, 2024  |  Partnerships

FIS and Neural Payments have partnered to help banks offer peer-to-peer (P2P) payment capabilities to their customers. This collaboration will make Neural Payments’ P2P payment...

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Apple Gives Third Parties Access to Tap-and-Go Payments Tech
Apple Gives Third Parties Access to Tap-and-Go Payments Tech
August 14, 2024  |  Apple

Apple says it is giving developers access to its near-field communication (NFC) technology. “Starting with iOS 18.1, developers will be able to offer NFC contactless...

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GCash Seeks IPO When Market Conditions Improve
GCash Seeks IPO When Market Conditions Improve
August 07, 2024  |  Mobile Wallets

Philippines-based mobile payments provider GCash wants to go public, when the time is right. “We recognize that the new round of investments further strengthens Mynt’s ability and position coming...

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Report: Apple Tells WeChat Parent Tencent to Eliminate Payment Loopholes
Report: Apple Tells WeChat Parent Tencent to Eliminate Payment Loopholes
August 02, 2024  |  Apple

Apple is reportedly pressuring the makers of China’s most popular apps — WeChat and Douyin — to stop allowing in-app creators to steer users to...

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Prósperos Launches Mobile Financial Platform for Spanish-Speaking Consumers in US
Prósperos Launches Mobile Financial Platform for Spanish-Speaking Consumers in US
July 24, 2024  |  Mobile Payments

Prósperos has announced the general availability of its mobile financial platform designed for Spanish-speaking consumers in the United States and their families in Latin America....

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3 Big Ideas From PYMNTS Intelligence’s Restaurants’ Digital Transformation Report
3 Big Ideas From PYMNTS Intelligence’s Restaurants’ Digital Transformation Report
July 24, 2024  |  Restaurant innovation

The restaurant industry faces a pivotal opportunity with the rise of frictionless digital payments, responding to growing customer demand for convenience. Despite these advancements, adoption...

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Capital One Announces $265 Billion Community Plan as Part of Discover Deal
Capital One Announces $265 Billion Community Plan as Part of Discover Deal
July 17, 2024  |  Acquisitions

Capital One Announces $265 Billion Community Benefits Plan Capital One said Tuesday (July 16) that a combination of the bank with Discover Financial Services would provide...

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Study: Digital Wallets to Overtake Debit Cards for In-Store Payments by 2027
Study: Digital Wallets to Overtake Debit Cards for In-Store Payments by 2027
July 17, 2024  |  Money Mobility

Digital wallets have revolutionized the payment space in recent years. They provide an easy, contactless and secure way to make purchases and transfer money through...

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