Mobile payment company Square‘s transaction margins, which make up most of the company’s revenue, appear slim. That’s according to a report by The Motley Fool, which said that, while the margins are “pretty slim,” it’s not something investors need to worry about. The company, according to the report,...
Can the biggest banks in the United States catch up to the millennial-beloved Venmo with their own P2P payments app? They’re sure hoping so and are putting their product, reportedly called Zelle, out for public consumption in October. The hope? That soon the young and...
ING DIRECT Australia, the online bank, announced on Wednesday (Aug. 24) it launched with Android Pay, enabling customers to use their phones to tap and pay for everyday items. In addition to enabling Android Pay, the online bank announced a partnership with AbilityMate in which...
Samsung Electronics announced on Wednesday (Aug. 24) that, on its one-year anniversary of Samsung Pay, it has had around 100 million unique transactions in seven countries to date. “Since its introduction a year ago, Samsung Pay continues to lead mobile payments by providing services that...
This week, Visa has big news for Nigeria. Adornment is also a theme as corporate activity sees Mary Kay consultants with new Bluetooth readers paired with Smartphones while innovation activity sees a new wearable spendable, the first EMVCo-compliant NFC ring. Although valuable in its own...
Which mobile app users use their app every chance they get, and which users forget that they even have a mobile way to pay? This week’s Mobile Pay Tracker takes a deeper look at the new data from PYMNTS and InfoScout regarding mobile payments adoption,...
UnionPay International announced on Tuesday (Aug. 16) that several daily-spending merchants in Canada will start accepting UnionPay mobile QuickPass, marking the debut of the service in North America. Before its entrance into Canada, UnionPay mobile QuickPass was accepted at over 220,000 POS terminals in Hong...
A love of rewards programs and befuddlement with mobile technology were some of the findings from the latest PYMNTS/InfoScout Mobile Payments adoption tracker, which has polled 4,000 consumers over the last 18 months. Comparisons between Android mobile payments and Apple Pay users show that more...
It’s amazing what you can find when you dig into the data. We have tens of thousands of data points from questions we’ve asked 4,000 consumers every quarter over the last 18 months, in conjunction with InfoScout, about the adoption of mobile payments. The last...
