Samsung Pay has perhaps come one step closer to freeing the world from the shackles of plastic. The mobile payments platform is now open for business at ATMs — if the customer in question happens to be in South Korea. And happens to be a...
It was a good day to be PayPal yesterday (April 27), as the firm announced that total payment volume is up 29 percent from a year ago to $81 billion — outdrawing analyst expectations of $79 billion for Q1. Revenue was up 19 percent to...
Samsung Pay has been in the U.S. market for exactly 212 days. But, according to the leaders of at least one of those mobile payments services, they still believe that it’s still the first inning. What could speed the game up a bit, according to Samsung...
Apple’s earnings calls tend to give analysts bits and pieces of its products’ progress but never really the whole meal. That’s what happened yesterday (April 26) during Apple’s second quarter earnings call. Apple CEO Tim Cook threw out new Apple Pay user stats — but...
Smartphone maker Xiaomi is getting deeper into the mobile payments game with a well-known partner in China. The company announced a partnership with China UnionPay, China’s state-sponsored domestic bank card organization, in order to bring it its own mobile payment service. No time frame has...
PayPal has had a pretty busy 2016. And while the first four months of the year in general have been active — particularly as PayPal has worked to distinguish itself as a standalone entity after spending over a decade as the payments arm of eBay — the last...
Starbucks’ dominance in the mobile ordering market became evident once again during the company’s second quarter earnings release yesterday (April 21), when the coffee giant revealed it is now seeing an average of 8 million monthly transactions for its Mobile Order & Pay service. To put that...
New research released by PayPal yesterday (April 20) seems to confirm something we’ve been talking about for a very long time: Consumers want mobile payments solutions that are about more than just paying using their mobile phone. That conclusion was the result of a PayPal-initiated...
Depending on who you ask and where you are asking the question, you will get a variety of answers to this question: Are consumers really using their mobile phones to pay for stuff? The answer is yes if you ask people living in emerging countries who...
