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| Paying respectsHow mobile money is spreading IT IS A measure of how fast and unpredictably technology and finance have developed that the two most influential new payment systems of the 21st century so far both came about more or less by accident. M-PESA, Kenya's mobile-payment system, evolved out of a pilot scheme in 2005 by Safaricom, ... | |
| Ingenico and Paymentsense team up to launch mobile payment solution in UK French payments provider Ingenico Group has partnered with UK-based Paymentsense to roll out a new mobile payment solution for merchants in the UK. The alliance will enable UK merchants to offer the point of sale directly to their customers with a new payment device. Under the partnership ... | |
| India's digital platforms But the biggest rival is a domestic online retailer and mobile-payment firm, Paytm (for "pay through mobile"), which in February handled 40% of India's UPI payments. Claiming over 300m accounts, it provides the country's most popular mobile wallet. Alibaba and Ant Financial are minority shareholders. | |
| Samsung Pay Launches Mobile Shopping And Rewards Features Meanwhile, Samsung Pay is revising the rewards program for the mobile payment service. Samsung Rewards launched earlier in April, and on May 23, Samsung Pay users will be able to start purchasing rewards points, "similar to the way airline consumers can purchase extra miles in order to build up ... | |
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| Payment Trends in Self-Service Laundries (Part 2) "Mobile has certainly changed the game for vended laundry," says Paresh Patel, Ph.D., founder and CEO of PayRange, an in-app mobile payment service for automated retail. "While card systems for laundry have been around for a couple decades, they have not gained as much adoption in part due to ... | |
| Mobile Payments Today: April's best reads Our readers love to read about studies, particularly those about mobile payments (duh), but also mobile banking. So, it is no surprise that an article about Citi's latest mobile banking study surged to the top five in April despite appearing on the site late in the month. Citi's study has some juicy tidbits for ... | |
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| Queue-busting stores get 'easy and elegant' mobile PoS Using Ingenico's Link/2500 mobile payment device, connected via Paymentsense's Connect software, retailers can quickly implement a fully mobile checkout experience without complex integration or major system changes. Consumers can pay with contactless, Apple Pay and Google Pay, as well as ... | |
| The mobile mind- shift in today's consumers Nevertheless, there are signs that mobile payment is growing steadily,[2] particularly in the retail and services sector. Smartphone apps like Snapscan are also starting to challenge cash's domination of smaller transactions. On the consumer front, almost half (45%) of consumers globally expect to be ... | |
| WorldFirst faces challenges in China's third-party payment market China's mobile payment apps are expanding their reach in the global market as Internet giants such as Alibaba and Tencent seek to promote their e-payment tools overseas, Xinhua reported in March. Tencent's Wechat Pay has been used in 20 countries and regions including Japan and the Republic of ... | |
| These 4 Cannabis Stocks Are Redefining Banking According to the company's website, "Glance Pay Mobile Payment App boasts state of the art capabilities and has been engineered with security and ease of usage in mind. Its accounting features are designed for easy record keeping for both restaurants and users." It looks like Glance will be applying ... | |
| What Drove Visa to an All-Time High, and What Sent PayPal Lower In the quarter, revenue was up 24% to $3.7 billion. 2.2 billion payment transactions went through PayPal platforms. $132 billion total payment volume. 237 million active accounts. They processed $49 billion in mobile payment volume in the quarter. That was up 52% year over year. Mobile payments now ... | |
| To Blaze a Trail of Disruption, or not to Blaze; and Perhaps Just Wait Financial institutions that built their own wallets and mobile payment capabilities were challenged in providing a full experience on both Apple and Android devices. Android's use of Host Card Emulation (HCE) is accessible by other apps, whereas Apple's use of the physical secure element is locked ... | |
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| Why PayPal Stock Has Fallen More Than 4% Today The news was not well received by mobile payment companies, and this reflected in their stock prices. While PayPal dropped 4.1% after the news broke on May 2, Visa fell 0.9%. Square stock closed just 0.95% higher after gaining ~3.7% earlier in the day, but then fell ~7% in after-hours trading on ... | |
| In-Store Experiences Attract More Gen Z Shoppers than Online The report also showed that mobile payment is now the preferred payment option for 35% of shoppers. Despite the adoption of mobile payment, 58% of respondents said they are worried about mobile payment security - an issue that retailers must address if they want to succeed in the Canadian retail ... | |
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| Garmin Beats Profit Expectations As This Segment Sees Hot Growth Wearables also describes watches for certain outdoor recreation activities such as jogging. In the outdoor market, the launch of the Descent watch for divers has been well-received. In the fitness market, the Forerunner 645M is the company's first GPS running watch and includes mobile payment and ... | |
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| Mastercard Beats Views With Record Revenue "Mastercard has multiple growth avenues, including international expansion, market share gain potential, mobile payment development and prepaid," he said. "That said, we see rebates and incentives remaining high in the near term as merchants push for lower fees and competition grows from ... | |
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| Earnings Preview: E-Commerce Giant Alibaba Reports Tomorrow That deal ended in February when Alibaba took a 33% equity stake in Ant, which runs mobile-payment network Alipay and provides other financial services. For the quarter, Alibaba is expected to report adjusted EPS of $0.88 on revenue of $9.17 billion according to third-party consensus estimates. | |
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| The ghost penny that just won't die More and more Canadians are doing most of their spending by tapping with plastic or some kind of mobile payment system, like PayPal or Apple Pay. | |
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| Square to Acquire Weebly for $365 Million Last week a mobile payment processor Square (NYSE: SQ) announced it would acquire Weebly, a technology company that helps customers build websites and online stores, for approximately $365 million in cash and stock. Together the companies will provide businesses and entrepreneurs with a full ... | |
| Canton clothing boutique owner wins young entrepreneur award Luna Boutique uses technology to build connections with customers from the U.S. and Australia to Thailand and the United Kingdom, including personal shopping through Instagram messaging and mobile payment apps. The boutique features women's clothing, lingerie, footwear and accessories at her ... | |
| Foreign Bank Advises SIX on Payments Unit Sale A number of companies interested in buying the payments unit have been mentioned in the media: France's Ingenico, a mobile payment services provider; First Data as well as private equity firms Warburg Pincus and Hellman & Friedman from the U.S.; Switzerland's «Handelszeitung» recently said that ... | |
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| Google Pay now available on web, iOS devices The search engine giant's payment platform could also pose a challenge for Apple Pay which works on both desktop and mobile devices and other mobile payment services. Google added Android Pay and Google Wallet together into one unified service called Google Pay in February. However, it was ... | |
| Overseas Alipay spending skyrockets during May Day break A recent whitepaper from data research firm Nielsen and Alipay revealed that more than 90 percent of Chinese tourists sampled in their study said they would use mobile payment methods overseas if given the opportunity. And as such, many businesses across the globe have adapted to this payment ... | |
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| Foreign firms ready to enter financial market ... domestic payment institutions have processed 169 trillion yuan ($26.6 trillion), up from 18 trillion yuan five years earlier, with an annual growth rate of 75 percent. About 105.1 trillion yuan was transferred through the mobile payment service of third-party payment companies last year, a year-on-year ... | |
| Evolve or else… This is one reason why the Primer Group immediately signed up to be a partner of Globe Fintech Innovations Inc. (Mynt)—a partnership between Globe Telecom, Ayala Corp. and Ant Financial—and roll out the GCash QR-based mobile payment technology across its over 400 stores. With the partnership ... | |
| Alipay adds new funds to spare cash investment app Alipay, the world's largest online, mobile payment and lifestyle platform, operated by Ant Financial Services Group, today announced the addition of two new money market funds to Yu'e Bao, the spare cash management platform within the Alipay app. The new funds, managed by Bosera Asset ... | |
| WEB | |
| Malaysia Mobile Wallet and Payment Market Opportunities Databook Market Data and Insights: It details market opportunities across 30 market segments in mobile payment industry for the period 2016-2025 and identifies potential opportunities and risks. It also covers market size and forecast on mobile payment user base and other drivers. Market estimates and forecasts ... | |
| Millennial Mobile Payment Users.indd The financial technology (fintech) sector is revolutionizing traditional financial practices, yet little information exists on users of these services. In this study, we examine untapped information from the 2015 National Financial Capability Study and the 2016 GFLEC Mobile Payment Survey to provide ... | |
| Be prepared for Google search changes Australian businesses need to be prepared for a big change in the Google search landscape. Google has been working on a new "mobile-first "search regime which will reward websites which perform better on mobile phones – and this change may roll out later this year. While Google has been working ... | |
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