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

Citi Says P2P Payments Are Direct Deposits to Avoid Fees
Citi Says P2P Payments Are Direct Deposits to Avoid Fees
July 18, 2022  |  Payment Methods

Citi is now accepting peer-to-peer (P2P) payments as direct deposits that qualify for checking account monthly service fee waivers, according to a Monday (July 18)...

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Instagram Users Can Now Buy Products in Chat
Instagram Users Can Now Buy Products in Chat
July 18, 2022  |  Social Commerce

Instagram has announced that shoppers can now make payments in chat for items they see while they scroll through their social media feeds, according to...

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Insurance App Provider Ranking Assesses the Competitors, Keeps 13 in Top 10
Insurance App Provider Ranking Assesses the Competitors, Keeps 13 in Top 10
July 15, 2022  |  Insurance

When you’re in insurance, you want all the news to be good. The bad news is bad for the bottom line.  Happily, in the latest...

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M-Pesa Debuts Bill Pay Tool for Airtel, Telkom Customers
M-Pesa Debuts Bill Pay Tool for Airtel, Telkom Customers
July 15, 2022  |  Mobile Payments

African money transfer service M-Pesa has debuted bill pay interoperability that lets Airtel and Telkom customers make mobile money payments directly into Safaricom’s M-PESA Pay...

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Transact Campus Acquires Mobile Ordering Platform Hangry
Transact Campus Acquires Mobile Ordering Platform Hangry
July 13, 2022  |  Acquisitions

Transact Campus, a payments company geared towards colleges and their students, has acquired its partner Hangry, a Canadian mobile ordering company. According to a Wednesday...

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Sionic Debuts Free CODE Pay Local Merchant Mobile App
Sionic Debuts Free CODE Pay Local Merchant Mobile App
July 12, 2022  |  Mobile Applications

Consumer-to-business (C2B) payments firm Sionic has debuted CODE Pay, a free mobile app for local merchants to accept real-time, bank-to-bank, lower-cost cash deposits from customers...

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Visa Says Riding Mass Transit Has Never Been Easier — but Tap to Ride Uptake Is Limited
Visa Says Riding Mass Transit Has Never Been Easier — but Tap to Ride Uptake...
July 12, 2022  |  Transportation

We’ve seen the disappearance of the subway tokens. The tickets — at the bus, on the trains and across mass transit in general — are...

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Community Loans Plug Funding Hole for Africa’s Mobile Money Agents
Community Loans Plug Funding Hole for Africa’s Mobile Money Agents
July 11, 2022  |  Financial Inclusion

Whether it’s offering bill payments, airtime recharge, funds transfer or remittance services to customers, mobile money agents play a pivotal role in providing access to...

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Peer-to-Peer Payments Tech Levels Playing Field for Private-Party Car Sales
Peer-to-Peer Payments Tech Levels Playing Field for Private-Party Car Sales
July 07, 2022  |  Payment Methods

Buying or selling a vehicle is the second-largest transaction most consumers will undertake — second only to a house — yet the process has many...

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