Cross-border transactions continue to gain traction around the world, with a staggering $156 trillion expected to cross international borders annually by 2022. In Europe for example, more than 400 billion consumer transactions are expected to occur in the region each year by 2025, representing a...
German-based mobile fuel station payments provider PACE Telematics has joined forces with PayPal to enable mobile payments at fuel pumps with a smartphone or, in Europe, an Apple Watch or Android smartwatch, according to a Wednesday (Dec. 22) press release. The process is quick, easy...
Mobile payments platform PayByCar, Inc. on Monday (Dec. 13) teamed up with the Massachusetts Department of Transportation on a text-based initiative that will alert members to low-touch fuel payments across the state through the Driven by E-ZPass program. PayByCar’s Massachusetts services are available at participating...
European payments and transaction platform Worldline has joined forces with eCommerce marketplace and shopping app Joom to expand payment offerings in Russia, according to a Thursday (Dec. 9) press release. As part of the partnership, online European retailers and customers in Russia will benefit via...
China’s crackdown on technology companies that offer payment services had the unintended side effect of opening the lines of communication between competitors like Alibaba and Tencent, CNBC reported on Thursday (Dec. 2). As mobile pay became the primary payment method in mainland China over the...
Mobile communications commerce company Clickatell will offer demonstrations of new payment capabilities through its Chat Commerce Platform at the Money 20/20 convention in Las Vegas, Oct. 24-27, according to a press release the company issued on Wednesday (Oct. 13). The company first connected internet businesses with...
Alipay and WeChat Pay are giving state-owned bank card clearinghouse UnionPay even more access to their mobile payment ecosystems as China continues to push Big Tech companies to become more transparent in their operations, the South China Morning Post reported Monday (Oct. 4). Ant Group-owned...
FinTech Financial Transmission Network, Inc. (FTNI) on Thursday (Sept. 30) announced that beverage-focused tech platform Vermont Information Processing (VIP) will use its ETran Mobile payment services to power VIPPAY, its mobile payment offering for brewers, distributors, wineries and soft drink bottlers. VIP uses route accounting,...
The pandemic has brought all manner of in-store commerce to digital channels – including what used to be routine, brick-and-mortar visits to grocery stores. In the Omni Grocery report: What Consumers Expect from their Grocery Shopping Experiences, a collaboration between ACI Worldwide and PYMNTS, surveys...