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)

FinTech Mollie Adds Terminal to Growing In-Person Payments Offering
FinTech Mollie Adds Terminal to Growing In-Person Payments Offering
May 24, 2023  |  Payment Methods

European FinTech Mollie has launched an in-person payments solution called Mollie Terminal. The introduction of Mollie Terminal is part of the company’s drive to enhance its in-person...

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Melio Launches B2B Payments Mobile App for Small Businesses
Melio Launches B2B Payments Mobile App for Small Businesses
May 09, 2023  |  SMBs

Melio has launched a mobile app that helps small businesses make and track B2B payments while on the go. The new app, which is now...

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Stripe and WhatsApp Enable Payments in Chats in Singapore
Stripe and WhatsApp Enable Payments in Chats in Singapore
May 09, 2023  |  Partnerships

Stripe and WhatsApp have partnered to enable Singapore businesses to accept payments in WhatsApp chats. With Stripe Connect and Stripe Checkout integrated into WhatsApp, Singapore...

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Is M-Pesa Missing Link to Accelerating Kenya’s Real-Time Payments Adoption?
Is M-Pesa Missing Link to Accelerating Kenya’s Real-Time Payments Adoption?
May 05, 2023  |  Real-Time Payments

Kenya is known as the home of mobile payment system M-Pesa, and it is also one of the few African countries to have made significant...

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Block’s Cash App Hits 53 Million Monthly Active Users, Direct Deposits up 69%
Block’s Cash App Hits 53 Million Monthly Active Users, Direct Deposits up 69%
May 05, 2023  |  Mobile Payments

Block, the parent company of Square, posted earnings results illustrating the evolution of a financial services ecosystem — with Cash App at the center. A...

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Fiserv TXT2PAY Gives Software Platforms New Conversational Commerce Tools
Fiserv TXT2PAY Gives Software Platforms New Conversational Commerce Tools
May 05, 2023  |  Payment Methods

Texting is ubiquitous.  Texting is, in many cases, real time — we open those digital missives almost as soon as we see them, and respond...

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Fiserv Offers Software Firms Text-Based Payment Option
Fiserv Offers Software Firms Text-Based Payment Option
May 02, 2023  |  Payment Methods

Fiserv is letting software firms access the world of text-based payments. The payments and financial services company announced the offering for independent software vendors (ISVs)...

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Safaricom Launches Mobile Wallet and Mini App for Kenyan Students
Safaricom Launches Mobile Wallet and Mini App for Kenyan Students
April 28, 2023  |  Loans

Safaricom and Kenya’s Higher Education Loans Board (HELB) have partnered on a mobile wallet and a mini app. The new HELB Mobile Wallet will allow...

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Mobile and PC Users Use Different Payments Methods When Buying Groceries Online
Mobile and PC Users Use Different Payments Methods When Buying Groceries Online
April 25, 2023  |  Mobile Payments

Online grocery shoppers’ payment preferences differ considerably depending on their preferred device, PYMNTS research reveals. For “Quarterly Payments Report: Mobile Wallets Gain Ground,” a new...

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