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

Reports: HSBC Shuttering Cross-Border Payments App Zing
Reports: HSBC Shuttering Cross-Border Payments App Zing
January 23, 2025  |  Cross-border Payments

Just one year after its launch, HSBC’s cross-border payments mobile app is no more. A Yahoo Finance report on Thursday (Jan. 23) quoted a spokesperson...

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Thunes Adds PayPal’s Hyperwallet to Cross-Border Payments Network
Thunes Adds PayPal’s Hyperwallet to Cross-Border Payments Network
January 14, 2025  |  Cross Border Commerce

Money movement platform Thunes says it has added PayPal’s Hyperwallet to its Direct Global Network. With this movement, Hyperwallet customers can send money in real time to more than 450...

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PayByCar Seeks $10 Million to Expand Mobile Payment Services
PayByCar Seeks $10 Million to Expand Mobile Payment Services
January 13, 2025  |  Investments

Mobile payments company PayByCar aims to raise $10 million to expand its services. The Boston-based company announced its funding plans Monday (Jan. 13), aiming to raise that...

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Bank of America’s Take on Latin America’s Digital Payments Advantage
Bank of America’s Take on Latin America’s Digital Payments Advantage
January 13, 2025  |  Digital Payments

Digital payments are growing in Latin America as companies like Mercado Libre and TerraPay rapidly advance digital banking and digital wallets in the region. Central...

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 Surge in Brick-and-Mortar Commerce Will Spur POS Innovation
 Surge in Brick-and-Mortar Commerce Will Spur POS Innovation
January 03, 2025  |  POS Innovation

Call it a renaissance for brick-and-mortar commerce. The rebound of in-store browsing and buying may scarcely seemed imaginable just a few years ago, in the...

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Tribe Money Pools Announces Mobile App for Group Payments
Tribe Money Pools Announces Mobile App for Group Payments
December 31, 2024  |  Mobile Payments

Financial platform Tribe Money Pools says it’s ready to introduce its mobile payments app. Set to go live on Jan. 9, the app is designed for organizations,...

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Mastercard: New Use Cases Prep for ‘Total’ eCommerce Tokenization by 2030
Mastercard: New Use Cases Prep for ‘Total’ eCommerce Tokenization by 2030
December 19, 2024  |  Mastercard

Credit cards have long been a catnip for criminals. The lure is undeniable. “Your account number is valuable — it has personal information that if...

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Klarna Opens Pay-Later Offerings to Canadian Apple Pay Users
Klarna Opens Pay-Later Offerings to Canadian Apple Pay Users
December 11, 2024  |  BNPL

Klarna says its pay later options are now available to Apple Pay users in Canada. The Swedish payments company announced the new integration Wednesday (Dec....

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dLocal Becomes Certified Payment Initiation Service Provider in Brazil
dLocal Becomes Certified Payment Initiation Service Provider in Brazil
November 26, 2024  |  Cross-border Payments

Cross-border payment platform dLocal can now facilitate Pix payments directly within the Open Finance ecosystem, without redirecting users to bank apps. The company gained this ability by...

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