When Starbucks announced its earnings miss last week, there were several critical takeaways. By far the most popular was that Americans en masse had taken a hard pass on the Chestnut Praline Chai Tea Latte offered this holiday season. “Holiday [limited time offers] and merchandise did not resonate with...
PayPal’s “Global Freelancer Insights Report” found that mobile is an important tool for freelancers, while security is also top of mind. In a corporate blog post detailing the results, PayPal said mobile payments, mobile apps and mobile communication are important tools for freelancers, with those surveyed...
Mobile traffic and mobile orders hit new highs during the fourth quarter, based on Salesforce’s fourth-quarter shopping index. According to a report in Footwear News, during the last three months of 2017, mobile traffic hit a high of 60 percent, while mobile orders reached 39...
China’s UnionPay and Huawei are teaming up to bring Huawei Pay to Russia. According to PocketNow, the companies’ partnership will bring the mobile payment platform first to Russia, followed by other “belt and road” economic regions, which is most of Eurasia. UnionPay bank cards are...
The central bank in China is clamping down on mobile payments made via a barcode and scanning devices, a move that could negatively impact Ant Financial, the financial services affiliate of Alibaba and Tencent, the Chinese rival. According to a report in Financial Times, regulators...
Kroger announced news on Tuesday (Dec. 12) that it has inked a deal with Chase Pay to offer customers mobile payment capabilities next year. In a press release, Kroger said that integration with Chase Pay, the mobile wallet from JPMorgan Chase, will roll out in select...
Samsung Electronics announced that its mobile payments system, Samsung Pay, will now offer money transfer services at some Korean banks. According to The Investor, starting on Dec. 14, Samsung Pay users will be able to withdraw or transfer money from Shinhan and Woori bank accounts....
According to news from The Wall Street Journal, J.P. Morgan Chase (JPMC) is the latest big name with big mobile payments ambitions and bona fides to back them up — and has run headlong into the same mobile payments ignition problem: Consumers are just not that interested....
PayPal announced that it has launched domestic operations in India, which means it will be taking on China’s Alibaba-backed Paytm, the country’s leading digital payments firm. According to a Reuters news report, the government of India’s push for cashless transactions is leading more people to...
