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

Big Data And Analytics Save Subscription Firms From ‘Involuntary Churn’

Big Data And Analytics Save Subscription Firms From ‘Involuntary Churn’
Big Data And Analytics Save Subscription Firms From ‘Involuntary Churn’
February 23, 2021  |  Subscriptions

Will the boom in subscription growth during the pandemic lead to retention challenges — and a scramble to reduce churn? That growth, according to PYMNTS November...

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Credit Unions Bring Digital Technology To Customer-Centric Strategy
Credit Unions Bring Digital Technology To Customer-Centric Strategy
February 22, 2021  |  Credit Unions

The value proposition for credit unions continues to be member-centric at all costs. But the pandemic has slightly revised that approach. CO-OP’s Senior Vice President...

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Deutsche Bank, 2C2P Roll Out Collections System In Thailand
Deutsche Bank, 2C2P Roll Out Collections System In Thailand
February 18, 2021  |  B2B Payments

Deutsche Bank has introduced a modern payment system for its Thailand customers to support local collections via 2C2P, a payments platform provider in Southeast Asia....

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Payments Orchestration And Smart Routing Boost Authorization Rates
Payments Orchestration And Smart Routing Boost Authorization Rates
February 12, 2021  |  Payment Methods

In 1943, psychologist Abraham Maslow developed his hierarchy of needs — five categories such as shelter, food, love and esteem that build on one another...

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Affirm Hits 4.5M Users, Shoots For Everyday Payment Expansion
Affirm Hits 4.5M Users, Shoots For Everyday Payment Expansion
February 11, 2021  |  Earnings

Buy now pay later platform Affirm held its first earnings call as a public company Thursday (Feb. 11), presenting solid metrics for 2020 and a...

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Subscription Models Gain Traction With Tech Companies, Traditional Media
Subscription Models Gain Traction With Tech Companies, Traditional Media
February 11, 2021  |  Subscriptions

The great subscription rush is on. It seems like every day another traditional subscription-based business reports big numbers or there’s another big name making new...

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No Layovers: Instant Payments Take Direct Path To Primary Account Access
No Layovers: Instant Payments Take Direct Path To Primary Account Access
February 11, 2021  |  Real-Time Payments

Everyone has dealt with the incentive that failed to feel like a reward. Examples: The prepaid gift card one’s cable provider is desperately trying to...

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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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