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

USPS Takes Apple Pay Online but Not In-Person
USPS Takes Apple Pay Online but Not In-Person
December 20, 2021  |  Apple Pay

Apple Pay is now accepted by the U.S. Postal Service (USPS) online, but for in-person transactions at retail locations, another payment method is needed, according...

READ MORE >
75% of Financial Institutions Plan to Expand Support for Cryptocurrencies Over the Next 12 Months
75% of Financial Institutions Plan to Expand Support for Cryptocurrencies Over the Next 12 Months
December 17, 2021  |  Cryptocurrency

Financial institutions (FIs) are preparing for an anticipated surge in the usage of cryptocurrency, and competition among FIs angling to underpin businesses’ cryptocurrency payments is...

READ MORE >
MassDOT and PayByCar Launch Pay-by-Text Gas Payments
MassDOT and PayByCar Launch Pay-by-Text Gas Payments
December 13, 2021  |  Mobile Payments

Mobile payments platform PayByCar, Inc. on Monday (Dec. 13) teamed up with the Massachusetts Department of Transportation on a text-based initiative that will alert members...

READ MORE >
How Consumers Pay for the Half-Trillion Dollars They Spend Every Month
How Consumers Pay for the Half-Trillion Dollars They Spend Every Month
December 06, 2021  |  Consumer Finance

Consumers in the United States spend a collective $555 billion each month buying groceries, food, retail products and travel-related purchases — and the way they...

READ MORE >
Facebook Testing ‘Split Payments’ Feature in Messenger
Facebook Testing ‘Split Payments’ Feature in Messenger
December 03, 2021  |  Facebook

Splitting shared payments can be difficult, whether it’s quickly dividing up a dinner bill for several people or wrangling everyone’s share of rent in shared...

READ MORE >
Tencent’s WeChat Pay Envisions Future Where Payment Options are the Norm
Tencent’s WeChat Pay Envisions Future Where Payment Options are the Norm
December 02, 2021  |  Mobile Payments

China’s crackdown on technology companies that offer payment services had the unintended side effect of opening the lines of communication between competitors like Alibaba and...

READ MORE >
Central Bank Gives Nod to Mobile Money Licenses; Airtel Fast-Tracks Plans to IPO Mobile Money Unit
Central Bank Gives Nod to Mobile Money Licenses; Airtel Fast-Tracks Plans to IPO Mobile Money...
November 30, 2021  |  Mobile Wallets

The long-anticipated wait is over. Until November, Nigeria did not operate a telecommunications (telco) company-led mobile money model, opting instead for a bank-led model that...

READ MORE >
McDonald’s Offers Mobile Payment Option in Singapore
McDonald’s Offers Mobile Payment Option in Singapore
November 22, 2021  |  ResTech

Customers visiting the Golden Arches in Singapore can pay for their fast food orders online, at the drive-thru, in-store or via self-ordering kiosks with mobile...

READ MORE >
ParkMobile Enables Google Maps, Google Pay Payments for 100 More Cities
ParkMobile Enables Google Maps, Google Pay Payments for 100 More Cities
November 22, 2021  |  Digital Payments

Smart parking and mobility solutions provider ParkMobile has added 100 more U.S. cities that can use Google Maps and Google Pay to pay for parking...

READ MORE >