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

Western Union Eyes $1 Billion in Digital Transaction Revenues in 2021
Western Union Eyes $1 Billion in Digital Transaction Revenues in 2021
February 10, 2021  |  Earnings

Western Union posted fourth-quarter results Wednesday (Feb. 10) that showed digital transactions gathering momentum in the face of the pandemic, and double-digit growth in average...

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Short-Term Lending Shows Promise As Lifeline For Paycheck-To-Paycheck Consumer
Short-Term Lending Shows Promise As Lifeline For Paycheck-To-Paycheck Consumer
February 10, 2021  |  Loans

As the pandemic lingers and as individuals and families endure cash crunches and job losses, the exposure to unplanned expenses can reach critical levels. As...

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Mesh Payments Raises $13 Million To Advance Cardless Corporate Payments
Mesh Payments Raises $13 Million To Advance Cardless Corporate Payments
February 09, 2021  |  Investments

Mesh Payments, which works in corporate payment processing, has completed a financing round with $13 million, according to an emailed Tuesday (Feb. 9) press release....

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Buy Now Pay Later Players Compete For Customer Attention, Spend
Buy Now Pay Later Players Compete For Customer Attention, Spend
February 09, 2021  |  Buy Now Pay Later

Sometimes it takes years to become an overnight success. The quote actually came from Prince, who honed his craft for years as a teenager before...

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DoorDash Acquires Robotic Food Prep Company
DoorDash Acquires Robotic Food Prep Company
February 08, 2021  |  Partnerships / Acquisitions

Taking the concept of contactless to a new level, DoorDash is buying a robotics company. The delivery service announced Monday (Feb. 8) that it will...

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Sports Gambling Sites Run Into Technical Issues During Super Bowl
Sports Gambling Sites Run Into Technical Issues During Super Bowl
February 08, 2021  |  Payment Methods

Sports betting apps like FanDuel, DraftKings, Penn National Gaming app and BetMGM experienced technical issues right before the Super Bowl on Sunday (Feb. 7), CNBC...

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Jonas Bro Super Bowl Ad Puts App-Based Healthcare In The Spotlight
Jonas Bro Super Bowl Ad Puts App-Based Healthcare In The Spotlight
February 08, 2021  |  Healthcare

The Super Bowl had its share of expected commercials — the touching, the silly, the nostalgic and the celebrity-laden. But genuinely surprising ads are harder...

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Trust The Technology: Decentralized Finance Drives Birth Of New Internet Credit Markets
Trust The Technology: Decentralized Finance Drives Birth Of New Internet Credit Markets
February 08, 2021  |  Cryptocurrency

Imagine a world in which moving money is as easy as sending an email or a text message, without an institution as the intermediary or...

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Igniting Real Time Payments Means Closing Trust, Education Gap
Igniting Real Time Payments Means Closing Trust, Education Gap
February 08, 2021  |  Payment Methods

Real-time payments have a knowledge gap. According to PYMNTS research, a surprising 36.2 percent of consumers claim to have used real-time payments even though the...

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