Welcome to The Axis, your late look at payments news from around the world. Coverage includes a mobile wallet pilot by Banco Agrario, Telefonica Colombia and Comviva in Columbia. In addition, Ireland-based Worldnet has teamed up with ID TECH to deliver Quickchip for its GoChip products,...
Over the last few decades, mobile ticketing has increased in popularity. With companies like Ticketmaster and Live Nation amassing revenues reaching $7.2 billion, the ticketing industry is quite lucrative. This week, SeatGeek announced its plans to acquire Israeli ticketing software company TopTix. Here are the numbers:...
SeatGeek, the mobile ticket platform, announced Tuesday (April 18) it acquired Israeli ticketing software company TopTix for $56 million, the largest acquisition in SeatGeek’s history. In a press release, the company said the acquisition represents a significant investment in primary ticketing on behalf of SeatGeek as it continues to...
What are the ripple effects of investing in a mobile payment system when there are much bigger fish to fry?. The U.K. rail transportation system may soon find out. The rail network, now a number of franchises, is considering the rollout of a mobile phone...
December 06, 2018
Visa, the Official Payment Services Partner of FIFA, announced Wednesday (December 6) partnerships with the Union of European Football Associations’ (UEFA) Women’s Football Competitions and the Confederation of African Football (CAF) Total Africa Cup of Nations tournament. In a press release, Visa said it will implement its payment technology at the tournament venues and provide […]
April 19, 2017
Over the last few decades, mobile ticketing has increased in popularity. With companies like Ticketmaster and Live Nation amassing revenues reaching $7.2 billion, the ticketing industry is quite lucrative. This week,...
April 19, 2017
SeatGeek, the mobile ticket platform, announced Tuesday (April 18) it acquired Israeli ticketing software company TopTix for $56 million, the largest acquisition in SeatGeek’s history. In a press release, the company said the acquisition...
February 18, 2016
The NFC Forum, a nonprofit industry association, has announced a collaborative effort with the American Public Transportation Association (APTA) to jointly educate the transit industry on the benefits of NFC tech for...