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

19% of Restaurant Customers Always Dine-In Despite Digital Options
19% of Restaurant Customers Always Dine-In Despite Digital Options
October 31, 2022  |  Data

Even with huge numbers of consumers now ordering their restaurant meals via aggregators or apps, in-person dining remains a major part of the restaurant industry...

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Worldline Acquires SoftPos to Tap Into Contactless Payment Demand
Worldline Acquires SoftPos to Tap Into Contactless Payment Demand
October 26, 2022  |  Acquisitions

French payments services firm Worldline has purchased a 55% stake in SoftPos, a Polish FinTech, the company announced Wednesday (Oct. 26). Founded in 2019, Warsaw-based...

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Coca-Cola Leverages Grab’s Super App to Drive Digital Sales
Coca-Cola Leverages Grab’s Super App to Drive Digital Sales
October 25, 2022  |  Earnings

As Coca-Cola looks to drive omnichannel engagement, the brand is seeing its partnership with Singapore-based super app Grab yield higher digital sales and at-home consumption....

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Bank Outsourcing Drives Digital Transformation In MENA Financial Services Sector
Bank Outsourcing Drives Digital Transformation In MENA Financial Services Sector
October 25, 2022  |  Digital-First Banking

With decades-old legacy infrastructure and the rise of digital-only players disrupting the banking space, financial institutions (FIs) stand to gain a lot from digital transformation....

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Banks Cut Neobanks’ First Mover Advantage on Fees and Tech
Banks Cut Neobanks’ First Mover Advantage on Fees and Tech
October 21, 2022  |  Digital-First Banking

In business, sometimes, the strategy is to be first — jumping into markets with new products and services, striving to capture consumers’ mind share, wallet...

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American Express: Millennial and Gen Z Spending Growth Up 39%
American Express: Millennial and Gen Z Spending Growth Up 39%
October 21, 2022  |  Earnings

For American Express, there’s been no slowdown or pullback by consumers, who continue to wield their cards at registers and online checkout pages with enthusiasm....

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Report: PhonePe Considering New Funding Round to Build Super App
Report: PhonePe Considering New Funding Round to Build Super App
October 21, 2022  |  Investments

India-based FinTech PhonePe is reportedly in talks to start a new funding round to further its aim of building a financial services super app. The...

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At One NYC Barbershop, Shave and a Haircut’s 0.0034 Bitcoin
At One NYC Barbershop, Shave and a Haircut’s 0.0034 Bitcoin
October 19, 2022  |  Cryptocurrency

There are a growing number of services that allow and assist merchants in accepting cryptocurrency payments, but all you really need is a digital wallet....

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Seamless B2C Transactions Demand Interoperability Across African, Global Payment Systems
Seamless B2C Transactions Demand Interoperability Across African, Global Payment Systems
October 18, 2022  |  Cross-border Payments

With some 40 currencies across 54 countries, divergent preferences for payment methods and even the same payment method processed differently depending on the country, it’s...

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