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

UAE Government Places Weight Behind Mobile Payments

UAE Government Places Weight Behind Mobile Payments
UAE Government Places Weight Behind Mobile Payments
August 31, 2016  |  Mobile Payments

The United Arab Emirates government is pushing for a cashless economy and, according to reports on Tuesday (Aug. 30), has just taken a major step...

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German Railway Operator Ditches Mobile Ticketing
German Railway Operator Ditches Mobile Ticketing
August 30, 2016  |  Mobile Commerce

Deutsche Bahn, a German railway company, announced plans to abandon its mobile ticketing payment scheme, known as Touch&Travel, due to low adoption and the continuing...

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Paytm’s Rumored $300M Capital Raise
Paytm’s Rumored $300M Capital Raise
August 30, 2016  |  B2B Payments

Payments technology firm Paytm is headed for a big payday, according to unnamed sources. Get the Full Story Complete the form to unlock this article...

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Samsung Pay Reaches 100 Million Unique Transactions
Samsung Pay Reaches 100 Million Unique Transactions
August 25, 2016  |  Mobile Payments

Samsung Electronics announced on Wednesday (Aug. 24) that, on its one-year anniversary of Samsung Pay, it has had around 100 million unique transactions in seven...

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Mobile Payments: Adornments For the U.S., mVisa For The Unbanked In Nigeria
Mobile Payments: Adornments For the U.S., mVisa For The Unbanked In Nigeria
August 25, 2016  |  Mobile Payments

This week, Visa has big news for Nigeria. Adornment is also a theme as corporate activity sees Mary Kay consultants with new Bluetooth readers paired...

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Chase Inks Deal With Phillips 66 For Chase Pay
Chase Inks Deal With Phillips 66 For Chase Pay
August 18, 2016  |  Partnerships

 JPMorgan Chase announced on Wednesday (Aug. 17) it inked a multi-year deal with Phillips 66 in which Chase Pay will be accepted at Phillips 66,...

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EMVCo Updates Mobile Payment Device Approval Process
EMVCo Updates Mobile Payment Device Approval Process
August 18, 2016  |  Cybersecurity

EMVCo announced a new streamlined approach to approving contactless mobile payment-enabled devices that operate with EMV Level 1 approved payment acceptance terminals. Get the Full...

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