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

Amazon, Safaricom Explore Enabling M-PESA Wallets On Amazon
Amazon, Safaricom Explore Enabling M-PESA Wallets On Amazon
May 13, 2021  |  Mobile Payments

Kenyan telecom Safaricom is discussing the use of its mobile money service M-Pesa on Amazon’s eCommerce platform, Bloomberg reported. The move comes out of Safaricom’s...

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GPay Teams With Western Union, Wise To Take P2P Global
GPay Teams With Western Union, Wise To Take P2P Global
May 11, 2021  |  Digital Payments

Remittances is a massive global opportunity: Every year, some $700 billion in funds flows across national borders as migrant workers ship funds earned working abroad...

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OCBC Bank Taps Visa Commercial Pay To Digitize B2B Payments
OCBC Bank Taps Visa Commercial Pay To Digitize B2B Payments
May 10, 2021  |  B2B Payments

OCBC Bank announced that it is harnessing the Visa Commercial Pay Mobile solution as part of its first virtual purchasing card product, according to a...

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PayPal QR Codes Score First Airport Landing In Munich
PayPal QR Codes Score First Airport Landing In Munich
May 10, 2021  |  Payment Methods

Munich is now the first European airport to launch PayPal QR codes for mobile, cash-free purchases in all of its shops and Eurotrade retail subsidiaries, ftnnews.com reported on Monday...

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Airbnb: Trusted Payments Are The Connected Economy’s Backbone
Airbnb: Trusted Payments Are The Connected Economy’s Backbone
May 10, 2021  |  Payment Methods

As the economy has started to reopen and vaccinated global citizens look to scratch their travel itch, the tally of just how much damage the...

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Visa’s Salazar: WhatsApp’s Relaunch In Brazil Gives Consumers P2P Choice
Visa’s Salazar: WhatsApp’s Relaunch In Brazil Gives Consumers P2P Choice
May 10, 2021  |  Payment Methods

After nearly a full year of waiting, WhatsApp payments have been cleared by Brazil’s central bank to go live, enabling peer-to-peer (P2P) payments capabilities for...

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India’s Mom-And-Pop Revolution And SMBs’ Global Preparation For Reopening
India’s Mom-And-Pop Revolution And SMBs’ Global Preparation For Reopening
May 09, 2021  |  SMBs

India’s retail market is a large and rapidly growing space, generating  $793 billion in sales in the fiscal year ended March 2020 and is expected...

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Expedia’s SVP Singh: We Want To Be The Travelers’ ‘Point Of Inspiration’
Expedia’s SVP Singh: We Want To Be The Travelers’ ‘Point Of Inspiration’
May 07, 2021  |  Travel Payments

As the threat of the pandemic recedes, as we move toward actually, physically, getting around again, it’s safe to say that travel will rebound. PYMNTS’...

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Twitter Debuts ‘Tip Jar’ Feature For Tipping Beloved Accounts
Twitter Debuts ‘Tip Jar’ Feature For Tipping Beloved Accounts
May 06, 2021  |  Social Commerce

Twitter is rolling out Tip Jar, a new feature to allow tipping for various tweets, according to a company blog post. “We $ee you —...

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