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

67% of FinTechs Prioritize Mobile Capabilities to Drive Growth and Engagement
67% of FinTechs Prioritize Mobile Capabilities to Drive Growth and Engagement
November 18, 2024  |  Mobile

FinTechs are pursuing modernization to stay competitive, focusing on mobile capabilities and enhancing user experience. According to a PYMNTS Intelligence report, “The FinTech Innovation Agenda,”...

READ MORE >
Citi and Bank of Shanghai Team on International Travel Payments
Citi and Bank of Shanghai Team on International Travel Payments
November 13, 2024  |  Travel Payments

Citi and the Bank of Shanghai have teamed to streamline payments for visitors to China. The payments solution announced by the two banks Wednesday (Nov. 13) is designed for the...

READ MORE >
Mastercard and Tap Payments to Launch Click to Pay With Payment Passkey
Mastercard and Tap Payments to Launch Click to Pay With Payment Passkey
November 12, 2024  |  Payment Methods

Mastercard and Tap Payments have partnered to introduce a Click to Pay with Payment Passkey service for eCommerce transactions. The companies plan to launch the service in the...

READ MORE >
CEO Interview: Pay-as-You-Go Options Help LatAm Consumers Battle ‘Prepaid Fatigue’
CEO Interview: Pay-as-You-Go Options Help LatAm Consumers Battle ‘Prepaid Fatigue’
November 11, 2024  |  Mobile Wallets

In Latin America, where many consumers are unbanked or underbanked, roughly three-quarters of consumers don’t have credit cards, so prepaid cards are widely used to...

READ MORE >
Mastercard: Tokenized Payments Turn Make-or-Break Checkout Moments Into Sales
Mastercard: Tokenized Payments Turn Make-or-Break Checkout Moments Into Sales
November 05, 2024  |  eCommerce

Seamless checkout is a winning mantra for retailers looking to capture sales and delight their customer bases. Customers largely expect a fast, secure and intuitive...

READ MORE >
Mastercard and NatWest Launch Mobile Virtual Card Partnership
Mastercard and NatWest Launch Mobile Virtual Card Partnership
November 04, 2024  |  Partnerships

Mastercard and NatWest partnered to introduce a mobile virtual card payment tool for businesses in the United Kingdom. Approval2Buy is the first service in Europe...

READ MORE >
Thunes QR Code Payments Tool Streamlines Transactions for Travelers Visiting China
Thunes QR Code Payments Tool Streamlines Transactions for Travelers Visiting China
October 22, 2024  |  Mobile Wallets

Thunes launched a payments tool to help travelers doing business in China. The company’s new QR Code Payments solution enables foreign mobile wallets and financial...

READ MORE >
Apple Pay’s 10-Year Journey and Its Next Decade of Decisions
Apple Pay’s 10-Year Journey and Its Next Decade of Decisions
October 22, 2024  |  Apple Pay

PYMNTS Intelligence published its annual report on the usage and adoption of Apple Pay yesterday (October 21). That report marked the ten-year milestone of Apple...

READ MORE >
No Cash, No Problem: Mobile Payments Surge as Businesses Ditch Hardware
No Cash, No Problem: Mobile Payments Surge as Businesses Ditch Hardware
October 21, 2024  |  Mobile Wallets

Gone are the days of customers fumbling in their back pockets for cash or cards. “Innovations like tap on mobile and mobile wallets go a...

READ MORE >