Global payments revenues are at an all-time high, and experts predict that they could even climb to be a $2 trillion industry by 2020. Cross-border payment revenues currently account for approximately $200 billion, a significant slice of the payments pie. Currently, there are 0.7 international...
There was not much in the mainstream news this week to cheer for — between a terrifying situation abroad in North Korea and a tragic situation Charlottesville, Virginia, somberness was more or less the order of the week. The main bright spot in the news...
There are only a few things that most people can agree on these days, notes Mastercard. One of them is that too many people in the world are denied access to banking and financial services of any kind. The second? That this lack of financial...
The 1,850-store fast-food chain Chick-Fil-A on Monday (Dec. 8) announced its own QR code mobile payment and mobile ordering app for both iOS and Android, but the initial rollout will only be support at 130 stores in Atlanta, Chicago, Houston, Los Angeles, Orlando and Washington, D.C.. The app is funded through...
January 10, 2020
Siam Commercial Bank (SCB), Thailand’s oldest bank, is partnering with Ripple to upgrade their mobile banking app to include cross-border payments for the country’s 16,000 customers. Ripple helped them create SCB Easy, which will serve as a way for customers to deliver quick, no-cost, cross-border payments. SVP of Commercial Banking Arthit Sriumporn said that the […]
December 09, 2014
The 1,850-store fast-food chain Chick-Fil-A on Monday (Dec. 8) announced its own QR code mobile payment and mobile ordering app for both iOS and Android, but the initial rollout will...
October 06, 2014
Back in March, China bans using QR Code for payments, but that may end shortly, according to a report in Mobile Commerce News. The initial ban from the Central Bank...
September 16, 2014
NFC is not quite the method of mobile payments most users are most familiar. That honor still goes to the QR code or barcode which 45 percent of reported mobile...