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

Apple, Google Come Under Fire for Their Tap-to-Pay Walled Gardens
Apple, Google Come Under Fire for Their Tap-to-Pay Walled Gardens
September 07, 2023  |  Mobile Payments

Contactless payments are now coming into contact with federal consumer protection agencies. This, as the U.S. Consumer Financial Protection Bureau (CFPB) on Thursday (Sep. 7)...

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Paytm Debuts Card Soundbox for Mobile and Card Payments
Paytm Debuts Card Soundbox for Mobile and Card Payments
September 04, 2023  |  International

Indian eCommerce and payments firm Paytm debuted a new payment acceptance tool for merchants. Card Soundbox lets merchants accept mobile and card payments using the company’s Soundbox with...

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Payments Disconnect: 80% of Billers Offer in-Person or Mail Payments While Consumers Prefer Digital
Payments Disconnect: 80% of Billers Offer in-Person or Mail Payments While Consumers Prefer Digital
August 31, 2023  |  Payment Methods

In today’s digital age, consumers have varied payment preferences when it comes to paying their bills and are increasingly looking for convenient and efficient ways...

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Hallmark Teams With Venmo to Streamline Cash Gifting
Hallmark Teams With Venmo to Streamline Cash Gifting
August 30, 2023  |  Partnerships

Hallmark and Venmo say they want to make lost birthday checks a thing of the past. The greeting card company and the PayPal-owned money transfer service announced Wednesday (Aug. 30)...

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Jump in Contactless Payments Opens Door for Digital Wallets
Jump in Contactless Payments Opens Door for Digital Wallets
August 30, 2023  |  Digital Payments

John (JP) Park, senior product manager of go to market strategy at Bank of America Merchant Services, told PYMNTS in an interview that the rise of...

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Weave Simplifies Healthcare Payments With New Scan to Pay Feature
Weave Simplifies Healthcare Payments With New Scan to Pay Feature
August 29, 2023  |  Mobile Payments

Weave, an all-in-one experience platform for small- to medium-sized healthcare practices, has introduced a new feature called Scan to Pay to its payment suite. The...

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European Neobank N26 Integrates Dutch Payment Service iDEAL
European Neobank N26 Integrates Dutch Payment Service iDEAL
August 25, 2023  |  Digital Payments

European digital bank N26 has integrated the popular local payment service iDEAL into its banking experience in the Netherlands. This move aims to enhance the banking experience for N26 customers in...

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Five Star Bank Teams With Autobooks to Offer Tap to Pay
Five Star Bank Teams With Autobooks to Offer Tap to Pay
August 21, 2023  |  Consumer Payments

Five Star Bank has begun offering contactless payments acceptance to its small business customers. The new offering, announced Monday (Aug. 21), is part of an expansion of...

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India Uses AI to Bring Voice-Activated Mobile Payments
India Uses AI to Bring Voice-Activated Mobile Payments
August 20, 2023  |  artificial intelligence

India is using artificial intelligence (AI) to expand digital payments to rural areas. As the Financial Times (FT) noted in a report Saturday (Aug. 19), while...

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