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

Credit Sesame CEO: Outdated Credit Scoring Renders 44 Million Potential Borrowers Invisible
Credit Sesame CEO: Outdated Credit Scoring Renders 44 Million Potential Borrowers Invisible
July 06, 2021  |  credit frictions

“How much cash you have and how you use your cash is really an important data point that can be used to assess someone’s creditworthiness.”...

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Digital Payments Seek Life Beyond Sending Money To Friends
Digital Payments Seek Life Beyond Sending Money To Friends
July 06, 2021  |  Payment Methods

When most people think of digital payments, their minds still jump to use cases like splitting the dinner check, paying the babysitter or sending their...

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Emirates Airline Pushes ePayments To Avoid Interchange Fees
Emirates Airline Pushes ePayments To Avoid Interchange Fees
July 06, 2021  |  International

Emirates airline is at the forefront of an industry effort to encourage customers to pay carriers directly from bank accounts without involving third parties and...

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Sponsor Banks Face Pressure To Keep ISOs, PayFacs On Board
Sponsor Banks Face Pressure To Keep ISOs, PayFacs On Board
July 06, 2021  |  Digital Payments

David O’Brien, CEO of Agreement Express, told PYMNTS in a recent Masterclass interview that when it comes to sponsor banks, the heat is on. At...

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China’s Post-IPO DiDi Crackdown Shows Power Still Trumps Pragmatism In Asia’s Largest Economy
China’s Post-IPO DiDi Crackdown Shows Power Still Trumps Pragmatism In Asia’s Largest Economy
July 06, 2021  |  International

In what appears to be an increasingly common show of might, Chinese government regulators have again clamped down domestically on a high-profile, publicly-traded company, despite...

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South Korea’s Kakao Pay Pushes Toward A Public Offering
South Korea’s Kakao Pay Pushes Toward A Public Offering
July 02, 2021  |  IPO

South Korea’s largest online payment firm, Kakao Pay, is moving toward a $1.4 billion initial public offering (IPO) later this summer. Per the IPO filing, the...

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Today In Payments: Coinbase Planning App Store; Amex Partners With Better, Rocket Mortgage
Today In Payments: Coinbase Planning App Store; Amex Partners With Better, Rocket Mortgage
July 01, 2021  |  News

In today’s top news, Coinbase is planning to make a cryptocurrency app store on blockchain, and American Express now offers reward credits for cardholders who...

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Nordic Banks Strike Deal To Merge Three Mobile Payments Apps
Nordic Banks Strike Deal To Merge Three Mobile Payments Apps
June 30, 2021  |  Mobile Commerce

Denmark-based Danske Bank, which operates MobilePay, has reached an agreement with OP Financial Group in Finland, which owns Pivo, and the Norwegian banks behind Vipps...

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Shopify Lowers Developer Fees, Upgrades Checkout, Gateway Options
Shopify Lowers Developer Fees, Upgrades Checkout, Gateway Options
June 29, 2021  |  eCommerce

Shopify has rolled out several new updates to its shopping platform, including reducing the developer revenue share to 0 percent for the first $1 million...

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