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

Visa and BofA See Contactless Payments Hit Their Post-Pandemic Stride
Visa and BofA See Contactless Payments Hit Their Post-Pandemic Stride
September 10, 2024  |  Digital Payments

Turns out contactless payments were a lot more than a pandemic solution. They were in development as early as 2008, but what began as a...

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Apple Unveils iPhone 16 and Touts AI Features
Apple Unveils iPhone 16 and Touts AI Features
September 09, 2024  |  Apple

Apple is trying to shake up the AI and smartphone landscapes with its new iPhone 16 lineup and a cautious rollout of Apple Intelligence, a...

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What the US Can Learn From Europe’s Digital Wallet Renaissance
What the US Can Learn From Europe’s Digital Wallet Renaissance
September 03, 2024  |  Mobile Wallets

Digitization over the past decade-plus has transformed the back office with next-generation software solutions. But it’s not just the back office; innovations like digital wallets...

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CFPB Seeks Developers’ Comments on Apple’s Rules on Tap-to-Pay Access
CFPB Seeks Developers’ Comments on Apple’s Rules on Tap-to-Pay Access
August 28, 2024  |  CFPB

The Consumer Financial Protection Bureau (CFPB) is seeking public comment on Apple’s recently announced rules governing how financial companies and app developers offer tap-to-pay functionality on its...

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Beyond the Form Factor: The Story of Digital Wallets Is Still Unwritten
Beyond the Form Factor: The Story of Digital Wallets Is Still Unwritten
August 28, 2024  |  Digital Payments

There have been some significant milestones so far in the development of the digital wallet. Its early days track back to 2003 with the debut...

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Can Stablecoins Spark Crypto Adoption Across Retail and B2B Markets?
Can Stablecoins Spark Crypto Adoption Across Retail and B2B Markets?
August 26, 2024  |  Cryptocurrency

The cryptocurrency sector has long been in search of gateway use cases to accelerate adoption. News broke Friday (Aug. 23) that Wyoming is reportedly developing...

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Indian FinTech PhonePe Launches Credit Use on App
Indian FinTech PhonePe Launches Credit Use on App
August 22, 2024  |  Credit Cards

PhonePe is rolling out a way for Indian consumers to link their credit lines to the Unified Payments Interface (UPI) on its platform. Shoppers can...

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FIS and Neural Payments Partner on P2P Payment Service
FIS and Neural Payments Partner on P2P Payment Service
August 15, 2024  |  Partnerships

FIS and Neural Payments have partnered to help banks offer peer-to-peer (P2P) payment capabilities to their customers. This collaboration will make Neural Payments’ P2P payment...

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Apple Gives Third Parties Access to Tap-and-Go Payments Tech
Apple Gives Third Parties Access to Tap-and-Go Payments Tech
August 14, 2024  |  Apple

Apple says it is giving developers access to its near-field communication (NFC) technology. “Starting with iOS 18.1, developers will be able to offer NFC contactless...

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