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

Starbucks Shifts Focus From In-Store Experience to Digital Efficiency
Starbucks Shifts Focus From In-Store Experience to Digital Efficiency
May 03, 2022  |  Earnings

Even as consumers are returning to restaurants for indoor dining, Starbucks is turning its attention away from creating inviting on-premise space toward boosting the efficiency...

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South Africa’s Zapper Turns Merchant’s Phone Into Tap-and-Pay POS Device
South Africa’s Zapper Turns Merchant’s Phone Into Tap-and-Pay POS Device
May 03, 2022  |  Mobile Payments

South African mobile pay platform Zapper has announced that merchants on its platform will be able to accept tap-on-phone payments, a report said Tuesday (May...

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Real Time Payments on the Way to Becoming ‘Commonplace’ with FedNow Pilot
Real Time Payments on the Way to Becoming ‘Commonplace’ with FedNow Pilot
May 03, 2022  |  Payment Methods

“We’re getting to a point where real time payments  are going to become commonplace.” Brandon Spear, CEO of TreviPay, made that statement to PYMNTS on the...

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Everyware Teams With MX to Offer Pay By Text for Real-Time Payments and Open Banking
Everyware Teams With MX to Offer Pay By Text for Real-Time Payments and Open Banking
May 03, 2022  |  Payment Methods

Contactless payments firm Everyware on Tuesday (May 3) expanded its Pay By Text options to include real-time payments and open banking, along with enhanced security...

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Western Union, SuperGIROS Team on Cross-border Payments in Colombia
Western Union, SuperGIROS Team on Cross-border Payments in Colombia
May 03, 2022  |  Cross-border Payments

Western Union and SuperGIROS, part of the Acciones & Valores network, on Tuesday (May 3) teamed up to give Colombians more financial flexibility by adding...

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Swish CEO: Nordic Consumers Demand Local Merchants Improve Mobile Commerce Experience
Swish CEO: Nordic Consumers Demand Local Merchants Improve Mobile Commerce Experience
May 03, 2022  |  Mobile Commerce

The Nordics are known as global leaders in digital transformation, home to some of the most advanced banking infrastructure in the world that has spearheaded...

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‘eLevy’ Causes Mobile Money Concerns in Ghana
‘eLevy’ Causes Mobile Money Concerns in Ghana
May 02, 2022  |  Taxes

This week marks the launch of Ghana’s “eLevy,” a 1.5% tax on all mobile money transactions higher than 100 Ghanaian cedis (about $13). But as...

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Authvia Raises $7M to Expand Its Text-to-Pay Solution
Authvia Raises $7M to Expand Its Text-to-Pay Solution
April 29, 2022  |  Investments

Pay2Day Solutions, or Authvia, has closed a Series A round for $7 million, which will be used to boost partner channels, sales and marketing efforts,...

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MercadoLibre’s Payments App Packs Lucrative Wallop in Latam
MercadoLibre’s Payments App Packs Lucrative Wallop in Latam
April 28, 2022  |  Mobile Payments

MercadoPago, the payments division of MercadoLibre — a Latin American eCommerce giant akin to Amazon — is now one of the company’s most profitable units,...

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