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

COVID-19 Didn’t Cramp Americans’ January Travel Plans
COVID-19 Didn’t Cramp Americans’ January Travel Plans
February 11, 2022  |  Travel Payments

COVID-19’s omicron variant didn’t seem to have made much of an impact on Americans’ winter travel plans. As PYMNTS’ research learned, the average amount consumers...

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Today in FinTech: Having Lunch with a Group? Facebook Messenger’s Got You Covered with Split Payments
Today in FinTech: Having Lunch with a Group? Facebook Messenger’s Got You Covered with Split...
February 09, 2022  |  Digital Payments

In today’s FinTech news, split payments in the U.S. are as easy as sending a message Facebook Messenger — so no matter who’re you’re lunching,...

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Facebook Unveils Split Payments For Messenger
Facebook Unveils Split Payments For Messenger
February 09, 2022  |  Mobile Payments

Facebook has officially launched split payments for Messenger, two months after saying it was testing the new feature. The feature is now available in the...

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Is Grocery BNPL’s Next Big Frontier?
Is Grocery BNPL’s Next Big Frontier?
February 09, 2022  |  BNPL

Nearly two years out from the boost they received in the early months of the pandemic, grocers are facing new challenges. With the increase in...

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Today in FinTech: iPhone Payment Terminal Rumors True
Today in FinTech: iPhone Payment Terminal Rumors True
February 08, 2022  |  Payment Methods

In FinTech news today, big investments gave small firms supersized valuations and even birthed a happy new unicorn following Happy Money’s latest funding round. GoCardless...

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Payroc Launches ConsumerChoice Offering for the Card-Not-Present Environment
Payroc Launches ConsumerChoice Offering for the Card-Not-Present Environment
February 07, 2022  |  Payment Methods

Payments company Payroc is rolling out a new choice offering for a card-not-present environment, allowing businesses to accept all card and ACH payment types at...

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Gen Z Consumers Love Their Debit Cards…For Now
Gen Z Consumers Love Their Debit Cards…For Now
February 04, 2022  |  Mobile Payments

While debit cards might be the preferred in-person payment method for members of Generation Z, don’t expect this trend to last. A recent report from...

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Dallas Area Rapid Transit on How Contactless Payments Can Increase Ridership Following the Pandemic
Dallas Area Rapid Transit on How Contactless Payments Can Increase Ridership Following the Pandemic
January 31, 2022  |  Digital Payments

Almost 90% of public transportation riders want contactless options when it comes to paying for travel, pushing transit agencies to go beyond tokens, tickets or...

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Open-Loop Contactless Payment Systems Keep Transit Agencies, Riders Running Smoothly
Open-Loop Contactless Payment Systems Keep Transit Agencies, Riders Running Smoothly
January 28, 2022  |  Digital Payments

Contactless payment adoption skyrocketed in early 2020 as consumers turned to technology to address in-person restrictions and health concerns. Now, nearly 60% of global consumers...

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