OK, well, it’s not quite The Beatles, but American tech firms are in the midst of their own British Invasion of sorts — except, of course, they are the invaders in this version. And taking on foreign shores soon will be Android Pay — the...
While more than 90% of surveyed U.K. consumers know about mobile payments, that doesn’t mean they are going contactless. Morgan Beard, Strategic Marketing Director at TSYS, sat down with PYMNTS to discuss what U.K. consumers really think about mobile payments and the 3 things that...
Mozido is hearing the music — or, at least, helping consumers pay for it — in India. It was announced yesterday (March 16) that the digital payments and commerce company has partnered with Saavn, a streaming music service in India, that will leverage Mozido’s mobile wallet platform...
It may not be the year of mobile payments — yet — but it is certainly the year mobile payments players are laying the groundwork for what they know is inevitable. That is, mobile is going to increasingly play a role in how money is...
China’s UnionPay International is quickly expanding its QuickPass business overseas to keep up with the accelerating growth of Chinese tourists’ spending abroad. UnionPay announced Wednesday (March 9) that it has equipped nearly 180,000 POS terminals in Hong Kong, Macao, Taiwan, South Korea, Australia, New Zealand...
It’s estimated that online merchants lose $147 billion as a result of transactions that consumers abandon before completion due to friction in the checkout experience. And a lot of that, of course, has to do with mobile checkout friction. According to comScore statistics, 60 percent of...
New details from ESET researchers, a Slovakia-based company, suggests that there is a new strain of Android malware that has the ability to compromise mobile banking users’ login credentials. What the research group reports is this type of Trojan malware has the ability to provide...
Alibaba’s financial arm may soon be worth somewhere between $50 billion and $60 billion. At least, if the many reports citing anonymous sources are correct. Multiple major media outlets reported yesterday (March 7) that Ant Financial is after a valuation of close to $60 billion...
As everyone knows, when it comes to igniting mobile payments, there’s no one player, technology or device that’s going to dominate it all. The rapidly growing field of players, products and innovations shows that it’s still very much anyone’s game. And that’s why, every week,...
