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| Taiwan incentivizes mobile payments The Ministry of Finance, for example, will provide a tax incentive to small businesses by allowing them to continue paying 1% in business tax — even if their business expands — as long as they provide mobile payment options to customers. Taiwan is ripe for mobile payment adoption, and government ... | |
| Kar-Tel changes mobile payment limit and transaction fees Mobile operator Kar-Tel, working under the Beeline Kazakhstan brand, plans to modify the conditions of its mobile payment service from 12 February. The maximum daily transfer sum will be raised to KZT 50,000. The commission fee will be KZT 70 for transfers from KZT 2,000 to KZT 3,999, and will be ... | |
| Mobile pay: the great potential, and pitfalls "Mobile payment apps are booming in Vietnam, with the strong presence of apps like mPos, QR Pay, digital wallets, and contactless payment services such as Samsung Pay. But, these services remain mere novelties, and none has gained popular acceptance," banking expert Can Van Luc commented. | |
| MTS insures wallets on mobile payment system Russian mobile operator MTS, in cooperation with the insurance company Zetta Strakhovaniye, has launched a service to insure funds in wallets on the MTS Money payment system, reports Comnews.ru. Balances up to RUB 10,000 will be protected against theft using harmful software and other criminal ... | |
| Mobile payment platform seeks cash for expansion It hopes the money raised from crowdfunding will allow it to take advantage of the broader mobile payment market, which it forecast to be worth $410bn by 2020. Niall Cook, head of marketing at Thyngs, told Insider: "The biggest change won't necessarily be how people pay for things - there are only so ... | |
| Cabinet to reward mobile payments with tax benefits The Cabinet has announced plans to increase the percentage of mobile payment service users to 90 percent by 2025, including offering cash rewards and tax benefits to people and businesses using mobile payment services. To increase the availability of mobile payment options, the government is to ... | |
| BKM introduces contactless payment for TROY cardholders in Turkey The move to provide the new solution follows BKM's Online Payments Report, which revealed that mobile payment constitutes approximately 30% of the country's online retail payments. BKM executive vice-president Cenk Temiz said: "TROY is poised to leverage this dynamism in the market in order to ... | |
| LG Wallet Plans US Launch In 2018 The report noted that LG is currently considering launching its mobile payment service in the U.S. as LG Wallet. In the U.S., the digital payment system will initially work with LG's G7 and V40 high-end devices before eventually expanding to mid-range mobile phones sometime in 2018, noted the report. | |
| UK mobile payments 'still far from mass adoption' Proximity mobile payments are becoming more popular in the UK, but it's still far from mass adoption, according to new research. According to eMarketer's latest proximity mobile payment forecast, just over 22% of UK smartphone users will use a phone to pay for goods and services at the point of sale ... | |
| Lippo Group moves to cash in on Indonesia's cashless society JAKARTA -- Indonesian conglomerate Lippo Group will take advantage of its vast customer base of 60 million to strengthen mobile payment services, a promising market where its future may lie. Online shopping and ride-hailing apps have quickly gained currency in Indonesia as consumers have ... | |
| Data Feed: January 12, 2018 Mobile P2P Spike: Juniper Research expects the number of people using peer-to-peer (P2P) mobile payment services will hit 2.5 billion worldwide in 2018, up from 1.7 billion in 2016. The firm credits the rise to the increased use of social media apps like WeChat and Facebook which will incorporate ... | |
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| Toast patners with SpeedETab to offer white label app White Label App Solutions: branded, native mobile apps built on top of the trusted SpeedETab platform boast mobile ordering, mobile payment, and loyalty functionalities among other powerful features. The SpeedETab User Network: welcomes hundreds of thousands of users to discover and explore ... | |
| Japan's Most Popular Chat App In Talks to Integrate Cryptocurrencies Japan's most popular chat app, with 168 million active monthly users, Line, could soon integrate cryptocurrencies. The company is reportedly in talks with a number of companies to integrate cryptocurrencies into its mobile payment service, Line Pay. Also read: South Korea Urges 23 Countries, EU, and ... | |
| B2B Payments Startup Finexio Lands Series A The company said Wednesday (Jan. 10) that it secured $4 million in Series A funding led by James R. Heistand. Existing backers Florida Funders, Loeb.nyc, Zach Coelius, Mobile Financial Partners and other angel investors also participated in the oversubscribed round, reports said. Finexio develops ... | |
| LG Pay is likely launching as LG Wallet alongside the G7 in the US soon That probably includes the LG G7 and V40, but not the G6 or V30, at least not until phase two of LG Wallet's expansion, when some of the chaebol's mid-range Android phones could also gain mobile payment compatibility. The current aim is to combine the LG G7 and Wallet rollouts in the US "during the ... | |
| Offline Mobile Payments Startup ToneTag Raises $1.3 Mn Funding It is a mobile payment solution startup that allows easy, frictionless and secure mobile payments using soundwaves (tone) or NFC (tag) and enables mobile devices to make payments without the need of internet. Speaking about ToneTag's journey since its inception, founder and CEO Kumar Abhishek ... | |
| Kenya mobile cash payments up 8.8% in first 11 months of 2017 The rapid adoption of mobile payment platforms by companies and individuals has come at the expense of plastic cards whose popularity, even among high net-worth individuals, is waning. The value of card payments in January-September 2017 period, for example, stood at KES 1.035 trillion, a drop of ... | |
| Wells Fargo Announces Support for Fitbit Pay™ "Offering convenient mobile payment capabilities like Fitbit Pay allows us to use the latest technologies to help deliver an outstanding customer experience, build trust and give more information to customers to help them make good decisions that lead to financial success," said Danny Peltz, head of ... | |
| Ripple, MoneyGram Announce Partnership to 'Modernize' Payments The team-up comes after both Ripple and MoneyGram made headlines this month, the latter for the fall through of its much anticipated acquisition by Chinese fintech giant Ant Financial: the operator of popular mobile payment service Alipay. Meanwhile, Ripple saw the rise —then fall, then rise again—of ... | |
| Mobile Transactions to be Taxed in Ivory Coast The Ivory Coast has reportedly implemented a tax on all transactions paid with mobile payment applications that has many countries with much larger economies taking notice. The 0.5-percent tax will be levied against the payor, and is to be collected by the company processing the transaction. It applies ... | |
| Mobile cash payments rise by Sh268bn The rapid adoption of mobile payment platforms by companies and individuals has come at the expense of plastic cards whose popularity, even among the high net-worth individuals, is waning. The value of cards' payments in January-September 2017 period, for example, stood at Sh1.035 trillion, ... | |
| Wirecard to Offer More Money Transfer Services in India With regard to issuing own payment instruments in the form of cards or mobile payment solutions, the Wirecard Group provides companies with an end-to-end infrastructure, including the requisite licences for card and account products. Wirecard AG is listed on the Frankfurt Securities Exchange (TecDAX ... | |
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| Parkeon and Cale Announce Completion of their Combination Cale specializes in customizing technology, may it be for parking terminals, mobile payment solutions, transaction handling or centralized software systems, and converts this into functionality, always with the highest possible focus on the parking operator as well as the driver. You are welcome to visit ... | |
| Ken's Breakout Charts: BP, ERX, Seagate Technology, Square Join Ken Calhoun each week for a new episode of Breakout Chart of the Week for stock swing traders and day traders. Swing trade charts: BP, ERX, STX. Today's intraday trading chart: SQ. Exclusively for MoneyShow. Share with your friends. These brief, actionable trading videos will show you new ... | |
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| Hyundai joins Didi, SoftBank to invest in SEA ride-hailing firm Grab Hyundai Motor Company, South Korea's largest automaker, has made a strategic investment in Singapore-based Grab, which provides on-demand transportation and mobile payment services in Southeast Asia. Part of a Series G financing round – its latest and largest capital raising exercise to date ... | |
| Fingerprint Recognition in Smartphone Market to Grow 60% in 2018 In the past years, Android camp has also adopted fingerprint scanning to unlock phone and make mobile payment. However, as full-screen becomes the trend and Apple replaces Touch ID with Face ID in 2017, Android camp has to adjust their strategies, says TrendForce. The mainstream fingerprint ... | |
| RGK Mobile Enters India, Partners With Airtel, Vodafone And Idea Spain based mobile payment and content aggregation firm RGK Mobile has expanded its business in to India and has partnered with three leading mobile operators in India including Bharti Airtel, Vodafone India and Idea Cellular. Out of the three operators RGK has announced the partnership with ... | |
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| How to Pay Land Rates in Kenya Online: Make Your Payments Conveniently Land rates refers to the levy that is imposed on every piece of land in the country, and the amounts are payable via the respective county governments. The collection of land rates in Kenya is among the arrays of methods used by a city or county to collect revenue that will be later channeled to ... | |
| #BizTrends2018: What is shaping grocery retail in South Africa - Part 1 ... services whether in healthcare, nutrition, beauty advisory services, parenting support or in hospitality and banking. The latter further facilitated by the explosion of cybercash, mobile payment technology and digital payment apps – from Woolworths to the informal traders of Durban's Warwick Triangle. | |
| IDC Unveils Top Technology Predictions for Thailand for 2018 and Beyond #9: Home IoT Security. By 2020, 22% of DIY Home IoT Solutions Will Have Experienced a Security Breach, as Compared with 12% of Solutions Implemented by a Fully Managed Service Provider. #10: Mobile Payment. By 2020, Mobile Devices Will Become the De Facto Payment Acceptance Terminal in ... | |
| Unboxing The Samsung Galaxy A8+ Samsung has officially launched the Galaxy A8+ in India at a price of Rs. 32990. The device is an Amazon-exclusive and will go on sale in India from the 20th of January. At this price point, the Samsung Galaxy A8+ will compete with the likes of Honor View10 and the OnePlus 5T. The Samsung Galaxy ... | |
| Central governments and cryptocurrency: an unlikely pairing? The way people complete transactions is changing around the world. Payments are increasingly made electronically via credit and debit cards or mobile payment apps. Take the example of Sweden. Swish is a Swedish peer-to-peer money transfer app that allows people to make payments to each other ... | |
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| Kroger & Walmart Expand Their Scan & Go Programs BENTONVILLE, Ark. & CINCINNATI — Walmart and Kroger are both kicking off the new year with plans to expand cashierless self-checkout technology to additional stores, providing their respective services to a mass market. Walmart's 2018 plans include bringing its Mobile Express Scan & Go service, ... | |
| Digital Turbine (APPS) Rating Lowered to Hold at Zacks Investment Research ... a customized user experience and app discovery tool, DT Marketplace(TM), an application and content store and DT Pay(TM), a content management and mobile payment solution. It operates primarily in Berlin, Singapore and Sydney. Digital Turbine, Inc., formerly known as Mandalay Digital Group, ... | |
| ValuEngine Upgrades Net Element International (NETE) to Hold ... order transactions; and Aptito, a cloud-based point of sale (POS) platform, which includes hospitality, mobile POS, and small to medium sized business retail POS applications, as well as offers mobile payment and merchant back office reporting services, and merchant performance analytical tools. | |
| Glance (CSE: $GET:C) Appoints Chief Digital Officer to Market Glance Coin The Glance Pay mobile payment system consists of proprietary technology, which includes user apps available for free downloads in IOS (Apple) and Android formats, merchant manager apps, a large scale technology hosting environment with sophisticated anti-fraud technology and lightning fast ... | |
| Restalia will invest 32.5 million to open 130 new stores this year On the other hand, as part of its digital transformation strategy, the company has implemented the payment system Android Pay in all restaurants, extending the offer mobile payment and adapting to the new habits of an increasingly digital consumer. In addition, with the aim of exploring new avenues of ... | |
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| Mobile cash payments increase by Sh268bn "The good thing about that, especially on the lower end of the pyramid, is that it is driving poverty alleviation as well because the number of people who would not have dreamt of doing certain types of business have been enabled to do that." The rapid adoption of mobile payment platforms by companies ... | |
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| Mobile banking & payment 17, 2014 7 Mobile Payment (MP) ( Models, Methods & Types ) MP Models : Bank Centric, Telecom Operator Centric, Application Provider Centric, Hybrid MP Methods : Push method : Payer (Customer-x) initiates the payment instruction for debiting his/her account to pay to the beneficiary (Customer ... | |
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| mobile payment service The messaging app with Japanese origin, Line, is reported to be the latest public company that considers launching its own cryptocurrency. ... Read More. 1 / 1 POSTS. FTReporter.com. FinTech or Financial technology Media - FTReporter.com. All financial and technology news, news about ... | |
| LG is launching its mobile payment system in the US this year Samsung Pay, Android Pay (soon to be Google Pay), and Apple Pay have been around for some time now in the US and various regions, but another mobile payment system will soon be joining it. LG launched its mobile payment system in South Korea last June and Yonhap News reports LG Pay is ... | |
| NFC, QR Codes, In-app and beyond… 'Mobile payments' is a broad term. As the ecosystem has developed, various new technologies have emerged to change the way we act and transact in-store. Integrating new with the old. Some mobile payment technologies are focused on seamlessly connecting the mobile device to the existing ... | |
| Invest Taiwan 投資臺灣入口網 On the demand side, the government must design initiatives to encourage mobile payments. Agencies can set aside budgets for transaction fees and provide specific incentive measures to familiarize consumers with mobile payment options. Central and local governments can also consolidate mobile ... | |
| Taiwan to provide mobile payment adoption incentives Uranium Participation Corporation Reports Financial Results for the Period Ended November 30, 2017. TORONTO, ONTARIO--(Marketwired - Jan. 11, 2018) - Uranium Participation Corporation ("UPC" or the "Corporation") (TSX:U) today filed its Financial Statements and Management's Discussion ... | |
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| Sydney rental accepting contraband as payment LG is launching its mobile payment system in the US this year Engadget (2 days ago) - LG launched its mobile payment system in South Korea last June and Yonhap News reports LG Pay is finally on its way to the US. The US expansion is reportedly... Sydney rental accepting contraband as payment ... | |
| Here's Why Mobile Payments Are The Future Of Commerce The use of mobile payment applications there has grown from the realm of online shopping and restaurants to food delivery and ride-sharing. And in the past few years, mobile payments are being used in the realm of public transportation. Recently, commuters in London have been able to use their ... | |
| Boku to paypal Feb 27, 2012 eBay owned online payment outfit PayPal's desire to emerge as a leading force in the mobile payment services market is just about to be challenged by a new rival on the block. According to new reports, Boku's new technology will enable consumers not only to make online purchases, but ... | |
| Venmo to paypal Venmo is a mobile payment service owned by PayPal. This new "instant transfers" service will be available at a rate of $0. Split purchases to avoid awkward IOUs, share your new buys, and catch up on what your friends are doing on the feed. The service is popular with the millennial Your funds from ... | |
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