Mobile Payments

A mobile payment is a money payment made for a product or service through a portable electronic device such as a tablet or cell phone. Mobile payment technology can also be used to send money to friends or family members, such as with the applications PayPal and Venmo.

Source: investopedia.com

NEW DATA: Five Ways Social Distancing Is Transforming Retail

NEW DATA: Five Ways Social Distancing Is Transforming Retail
NEW DATA: Five Ways Social Distancing Is Transforming Retail
April 17, 2020  |  eCommerce

COVID-19 has driven consumers indoors — and online. Consumers are 30.6 percent more likely to make their purchases online in 2020 than they were in...

READ MORE >
Credit Unions’ Role In Keeping The Balance Tipped Toward Consumer Calm
Credit Unions’ Role In Keeping The Balance Tipped Toward Consumer Calm
April 17, 2020  |  Credit Unions

As of today, consumers nationwide are facing levels of uncertainty that have no historical parallels. The physical economy is, for all intents and purposes, shut-down....

READ MORE >
Deep Dive: Reinventing Supply, Demand And Purchasing In The COVID-19 Era
Deep Dive: Reinventing Supply, Demand And Purchasing In The COVID-19 Era
April 16, 2020  |  B2B Payments

Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....

READ MORE >
Why The Freelancer Economy Is Preparing For Long-Term COVID-19 Impacts
Why The Freelancer Economy Is Preparing For Long-Term COVID-19 Impacts
April 15, 2020  |  Gig Economy

Companies invest about 11 hours of time finding talent for every 40 hours of work they receive. This gap is rapidly becoming all the more...

READ MORE >
Wells Fargo Debit/Credit Purchases Down as COVID-19 Hits
Wells Fargo Debit/Credit Purchases Down as COVID-19 Hits
April 15, 2020  |  Earnings

Wells Fargo’s first-quarter results showed the impact of reduced customer spending amid the continued impact of the coronavirus, and reserves taken in anticipation of loan...

READ MORE >
Travel’s Long Journey Back To Normal
Travel’s Long Journey Back To Normal
April 15, 2020  |  Travel Payments

While there are very few industries that have not been affected by the COVID-19 outbreak in some way,  travel as a vertical has been hit...

READ MORE >
COVID-19’s Impact On The Gig Economy
COVID-19’s Impact On The Gig Economy
April 14, 2020  |  Gig Economy

Freelancers worldwide found themselves impacted by the new coronavirus as it shuttered businesses and stalled payments, with many gig workers now fulfilling critical roles to...

READ MORE >
Square To Distribute SBA’s PPP Loans
Square To Distribute SBA’s PPP Loans
April 13, 2020  |  Economy

Square Capital announced Monday (April 13) it’s the latest FinTech to participate in the federal Paycheck Protection Program (PPP). Get the Full Story Complete the form...

READ MORE >