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

Car IQ Raises $15M to Drive the Future of Machine-to-Machine Payments Using Cars
Car IQ Raises $15M to Drive the Future of Machine-to-Machine Payments Using Cars
February 07, 2023  |  Connected Economy

Tomorrow’s connected ecosystem will leverage machine-native wallets, enabling authenticated machine-to-machine transactions across various commercial settings. No people necessary. That’s the vision of Sterling Pratz, CEO at...

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Mobily Expands Mobile Payment Service in Saudi Arabia
Mobily Expands Mobile Payment Service in Saudi Arabia
February 06, 2023  |  Mobile Wallets

Mobily has expanded its new mobile payment service, Mobily Pay. The Saudi Arabian telecom service provider has expanded Mobily Pay services in the county via...

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P97 and Visa Collaborate on Mobile Convenience Store Payments
P97 and Visa Collaborate on Mobile Convenience Store Payments
January 31, 2023  |  Mobile Payments

P97 Networks has teamed with Visa to expand its mobile payment offerings for convenience stores. “This collaboration will help reduce friction with in-car payments, enable...

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Restaurants on Aggregators Generate Buzz to Combat Scrolling Fatigue
Restaurants on Aggregators Generate Buzz to Combat Scrolling Fatigue
January 25, 2023  |  Restaurant innovation

With the digitization of the restaurant industry, aggregators’ marketplaces have become overwhelming for many consumers. In an interview with PYMNTS, André Moraes, senior director of marketing...

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Convenience Stores Prioritize Scan and Pay as Other Retailers Hold Off
Convenience Stores Prioritize Scan and Pay as Other Retailers Hold Off
January 25, 2023  |  Payment Methods

As retailers weigh the pros and cons of scan-and-pay, PYMNTS data shows convenience stores are amenable. The Context Self-checkout technologies can be a mixed bag...

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Incentives and Rewards Driving Consumer Interest in Money-Storing Apps
Incentives and Rewards Driving Consumer Interest in Money-Storing Apps
January 24, 2023  |  Consumer Finance

Nearly 60% of consumers now use money-storing apps, which they use for everything from peer-to-peer (P2P) transfers and retail purchases. Capitalizing on this growing user...

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Banks’ Digital Wallet Battle Easier vs Apple Pay, Harder vs PayPal 
Banks’ Digital Wallet Battle Easier vs Apple Pay, Harder vs PayPal 
January 23, 2023  |  Payment Methods

The banks have two targets in the digital wallet battle — one, Apple Pay, may be easier to “beat.”   PayPal may prove to be a...

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From Supermarkets to Super Bowl, Mobile Wallets Hold Super App Clues
From Supermarkets to Super Bowl, Mobile Wallets Hold Super App Clues
January 21, 2023  |  Payment Methods

Whether it’s food, finances, or tickets to a football game, America’s highly connected consumers want it fast and they want it easy.  While the ability...

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Marqeta Web Provisioning Aimed at Boosting Mobile Wallet Use
Marqeta Web Provisioning Aimed at Boosting Mobile Wallet Use
January 19, 2023  |  Payment Methods

In a bid to simplify the checkout process, Marqeta said merchants can now let users make digital wallets payments without downloading another app. According to...

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