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

Bank of Ghana Unveils GhanaPay Mobile Wallet
Bank of Ghana Unveils GhanaPay Mobile Wallet
June 15, 2022  |  Mobile Wallets

Ghana’s central bank has launched GhanaPay, a mobile wallet for savings and loans companies and banks, including rural and community banks. Speaking at the launch...

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US Standards for EV Chargers Would Require Contactless Payments
US Standards for EV Chargers Would Require Contactless Payments
June 10, 2022  |  Commerce Connected

Electric vehicle (EV) public charging stations installed using funds provided by the federal government’s Bipartisan Infrastructure Law (BIL) may be required to include contactless payment...

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Morocco’s Chari Buys Retail App Diago
Morocco’s Chari Buys Retail App Diago
June 10, 2022  |  Acquisitions

Moroccan B2B eCommerce platform Chari has acquired Diago, a retail app based and operating in the Ivory Coast city of Abidjan. As Magnitt reported Friday...

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MFS Africa CEO: Prepaid Cards Open World of Online Payments to Millions in Africa
MFS Africa CEO: Prepaid Cards Open World of Online Payments to Millions in Africa
June 10, 2022  |  Mobile Payments

Imagine a fashion influencer with millions of YouTube subscribers who is trying to monetize her online content and at the same time purchase a Spotify...

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MatchMove, Maxi-Cash Team on Mobile Banking, Payments
MatchMove, Maxi-Cash Team on Mobile Banking, Payments
June 07, 2022  |  Partnerships

Maxi-Cash, Singapore’s first pawnbroker listed on the Singapore Exchange (SGX), is using MatchMove’s embedded banking platform to power the launch of MaxiPAY, its own branded...

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Western Union Signals Grand Neobank Ambitions With Marqeta Pact
Western Union Signals Grand Neobank Ambitions With Marqeta Pact
June 07, 2022  |  Digital-First Banking

In one fell swoop, Western Union may become the biggest neobank of all — and its reach already touches roughly 150 million customers across 200...

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Kushki CEO: Latin America’s Digital Payments Explosion Demands New Infrastructure 
Kushki CEO: Latin America’s Digital Payments Explosion Demands New Infrastructure 
June 07, 2022  |  Digital Payments

Around the globe, inflation mounts, sapping purchasing power and straining budgets. In Latin America, inflation is running at double-digit percentage points. Logic might hold that...

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EU Banking Platform Aiia Debuts Pay by Link
EU Banking Platform Aiia Debuts Pay by Link
June 06, 2022  |  Digital Payments

Open banking platform Aiia is introducing a new “Pay by link” feature that allows for various kinds of payments on a wider range of methods,...

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Adyen on Leveraging Unified Commerce to Meet Consumers Where They Are
Adyen on Leveraging Unified Commerce to Meet Consumers Where They Are
June 02, 2022  |  Digital Payments

As eCommerce shifts into mCommerce, allowing consumers to shop for anything anywhere, the ease of shopping and paying from mobile devices is becoming paramount. In...

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