In the latest push toward mobile payments in Asia, South China Morning Post reported that the telecommunications firm HKT has boosted its Tap & Go service to expand to both online and offline payments to retailers, with additional new features tied to P2P payments. The continued...
Apple is facing a new competitor in the mobile wallet market, thanks to a joint venture between two Swiss companies, reports said on Monday (Sept. 5). The merger between payments tech firms TWINT Ltd. and Paymit has the companies working on their own mobile wallet technology...
The ability to make and accept payments for purchases is increasingly universal, and the future of mPOS may lie in universal solutions that can accept a broad range of payment methods. For the latest mPOS Tracker, PYMNTS caught up with Alok Arora, CEO of Mosambee,...
The Hispanic Millennial Project has found some patterns in the use of mobile payments technologies among this demographic. Reports on Friday (Sept. 2) said the research initiative revealed that Hispanic millennials, those aged 18–34, are embracing mobile payments technology. But there are other trends that...
The Chinese digital wallet just got another payment option. Huawei has linked up with UnionPay to create Huawei Pay, the first payment service from the smartphone manufacturer, which produced and shipped more than 108 million units in 2015. Huawei Pay joins a quickly growing group...
German mobile payment company Payworks announced the launch of its new gateway technology that enables developers to integrate payment card readers into the POS across in-store and mobile channels. By using the payment solution, Payworks said, its customers will have access to the latest payment...
The United Arab Emirates government is pushing for a cashless economy and, according to reports on Tuesday (Aug. 30), has just taken a major step towards that goal. Reports by Gulf News said the government has signed a memorandum of understanding (MoU) with 16 of the largest...
Who needs a wallet anyway? Apparently, not the Chinese. Turns out, three out of five consumers in the country pay with their smartphone when they’re out shopping. That’s right: three in five. While online payment services have typically been used for purchasing goods through internet...
King of China’s smartphone market, Xiaomi, launches its first payment system on Sept. 1. Introduced to the world just two weeks ago, the system is called Mi Pay and will join smartphone payment systems, like Android Pay, Apple Pay, Samsung Pay and LG Pay, among...
