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

Report: Apple Tells WeChat Parent Tencent to Eliminate Payment Loopholes
Report: Apple Tells WeChat Parent Tencent to Eliminate Payment Loopholes
August 02, 2024  |  Apple

Apple is reportedly pressuring the makers of China’s most popular apps — WeChat and Douyin — to stop allowing in-app creators to steer users to...

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Prósperos Launches Mobile Financial Platform for Spanish-Speaking Consumers in US
Prósperos Launches Mobile Financial Platform for Spanish-Speaking Consumers in US
July 24, 2024  |  Mobile Payments

Prósperos has announced the general availability of its mobile financial platform designed for Spanish-speaking consumers in the United States and their families in Latin America....

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3 Big Ideas From PYMNTS Intelligence’s Restaurants’ Digital Transformation Report
3 Big Ideas From PYMNTS Intelligence’s Restaurants’ Digital Transformation Report
July 24, 2024  |  Restaurant innovation

The restaurant industry faces a pivotal opportunity with the rise of frictionless digital payments, responding to growing customer demand for convenience. Despite these advancements, adoption...

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Capital One Announces $265 Billion Community Plan as Part of Discover Deal
Capital One Announces $265 Billion Community Plan as Part of Discover Deal
July 17, 2024  |  Acquisitions

Capital One Announces $265 Billion Community Benefits Plan Capital One said Tuesday (July 16) that a combination of the bank with Discover Financial Services would provide...

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Study: Digital Wallets to Overtake Debit Cards for In-Store Payments by 2027
Study: Digital Wallets to Overtake Debit Cards for In-Store Payments by 2027
July 17, 2024  |  Money Mobility

Digital wallets have revolutionized the payment space in recent years. They provide an easy, contactless and secure way to make purchases and transfer money through...

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Winning Top Of Wallet: How Financial Institutions Compete in the Embedded Finance Era
Winning Top Of Wallet: How Financial Institutions Compete in the Embedded Finance Era
July 12, 2024  |  Connected Economy

Past performance doesn’t always guarantee future results, but it can inform them. That’s particularly evident when it comes to the payments and commerce landscape, which...

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Trending: Next Steps for Apple as It Opens Its Ecosystem in Europe
Trending: Next Steps for Apple as It Opens Its Ecosystem in Europe
July 12, 2024  |  Regulation

For Apple, the iPhone and the App Store have historically been linchpins for its ecosystem — where the hardware is an onramp to a broad...

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Visa, Mashreq Supply Virtual Card Solution to UAE’s Emaar Properties
Visa, Mashreq Supply Virtual Card Solution to UAE’s Emaar Properties
July 07, 2024  |  Connected Economy

Emaar Properties PJSC, a real estate developer in the United Arab Emirates (UAE), has adopted a virtual card solution from Visa and Mashreq to facilitate the digitization...

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Nexi Enables Bancomat Pay Transactions on Amazon’s Italian eCommerce Site
Nexi Enables Bancomat Pay Transactions on Amazon’s Italian eCommerce Site
July 02, 2024  |  eCommerce

Customers of Amazon’s Italian eCommerce site will be able to make purchases with Bancomat Pay, following the retailer’s new partnership with Nexi. In the collaboration...

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