Use of mobile devices instead of cards to facilitate point-of-sale transaction is a goal that continues to challenge industry players seeking to make it happen. An upcoming TSYS white paper will examine the issues affecting mobile wallets and what the industry must do to address...
Canadian consumers reportedly now can pay for food and drinks through their PayPal app at 50 Toronto locations. PayPal is enabling the locations to use its smartphone app to pay, joining others in the U.S., U.K. and Australia that already have the option, said The...
China appears embedded in a competitive battle between state-run banks and such large Internet companies as Alibaba over control of the nation’s mobile-payments market. Regulators there appear to be moving in the banks’ favor. Not so, apparently, is the case in New Zealand, where new...
The payments and banking industries are making progress in getting more U.S. consumers to use their mobile devices to access bank and card-account information, a new Federal Reserve Board of Governors report released March 25 shows. As of December last year, 33 percent of all...
UK cash-to-bitcoin transfers through ZipZap have been put on pause. “They (PayPoint, the company that processes ZipZap’s payments) only asked that we halt processing digital currency transactions until they have better legal clarification from government on Bitcoin, which we hope to have within weeks,” explained...
Near Field Communication growth received a shot in the arm when Google last fall introduced Host Card Emulation (HCE) in its latest mobile operating system. In doing so, it made NFC possible without the need for a secure element. Though HCE offers cost and time-to-market...
E-commerce integrator Thinkwrap Commerce and Canada Post have joined to put shipping data into Oracle Commerce, a report in Chain Store Age said. By making it easier for retailers to incorporate Canada Post’s data with Oracle Commerce, the collaboration allows them to offer customers increased...
Brazilian payments processor Pagar.me won Best in Show at the PYMNTS Innovator Awards ceremony, held last night at Annenberg Hall on the campus of Harvard University, while PayPal took the Catalyst Award.
The People’s Bank of China has drafted regulations aimed at standardizing third-party mobile-payment platforms, according to a report in Mobile Commerce News.
