Airtel, the largest telecom provider in India, announced Thursday (Jan. 12) the national launch of a mobile payments bank, which, according to a report, is India’s first one. According to the report, Airtel is taking advantage of a big push by the Indian government to...
HSBC is gearing up to take on Hong Kong P2P mobile payment company Jetco, launching its own P2P mobile payment app. According to a report, HSBC has a holding page online that invites cardholders to sign up for the payment service. HSBC is enticing consumers by...
Thanks in part to the convenience of mobile pay, charitable giving during the holidays surpassed $971 million in 2016, according to PayPal. According to a report, which cited data from PayPal’s interactive tracker, the payment company’s online giving platform, in 2016, PayPal said it processed $7.3...
In the U.S., mobile payment options have expanded over the past few years. Adoption, however, has been slower on the uptake, with only modest growth even over last year. As PYMNTS’ Karen Webster recently put it this week: “Consumer adoption on mobile pay has been...
In a big CES reveal, Samsung Vice President and General Manager of Services and New Business at Samsung America Nana Murugesan told the crowd that since the introduction of Samsung Rewards, the South Korean electronics giant has seen its daily use almost double. Samsung Pay — which...
The global mobile wallet market is projected to grow at a CAGR of 35.5 percent from 2017 to 2021, according to research firm Research and Markets. In a press release highlighting the launch of new research, dubbed “Global Mobile Wallet Market 2017–2021,” Research and Markets said...
Samsung Electronics said earlier this week it will preinstall Samsung Pay in its upcoming smartphones slated to be released next year. According to a report, Samsung Electronics confirmed the plan to preinstall its mobile payment service in its upcoming smartphones, excluding some of the models that...
Tokenization as a global standard for securing transactions in a digital world gets turbocharged today, thanks to Mastercard and Visa. In a mutual commitment to accelerating the adoption of an open digital wallet, the global card networks announced their agreement to allow each network to...
Scottrade Bank, a division of Scottrade Financial Services, announced Tuesday (Dec. 13) the rollout of Android Pay and Samsung Pay to its personal banking clients. In a press release, Scottrade said that, with Android Pay and Samsung Pay, Scottrade Bank now offers multiple mobile payment...
