Category: Mobile payments

June 2, 2023

After launching in November 2022, ChatGPT had gained 100 million users by January of this year, making it the fastest growing and most speedily adopted app yet—it took Instagram more than two years to reach the same kind of numbers, […]

May 31, 2023

Founded in 2021 following the acquisition of assets from Wirecard, including its licences in Turkey and Asia Pacific, NomuPay operates a unified payments platform that enables cross-border payment acceptance and payout disbursements through a single API. The company says it […]

May 30, 2023

Moment offers expanded payment infrastructure for businesses across Africa to help them collect and make payments easier, quicker, and more affordable in any manner that their buyers or suppliers prefer. Moment will also offer additional options for consumers to spend […]

May 26, 2023

The research results gave the Fed an opportunity to plug the arrival of its new FedNow faster payments system, which is expected to launch services publicly in July. That real-time payments system from the central bank has been in development […]

April 24, 2023

Republican lawmakers with the United States House Financial Services Committee have released a draft of a bill focused on payment stablecoins rather than overseeing other aspects of digital asset markets. A senior Republican committee staffer involved in drafting the legislation […]

April 18, 2023

Pidgin says its platform eliminates the need to use a holding account from a third-party provider or virtual wallet, allowing payments to be “routed directly” from one financial institution to another, thereby ensuring a “more secure” transaction. The partnership will […]

April 11, 2023

Amazon’s frictionless checkout technology is now available in more Whole Foods locations in Colorado’s capital city. The stores, located throughout the Denver area, including the communities of Belmar, Cherry Creek, Colfax, Colorado Boulevard, Governor’s Ranch, Highlands Ranch, Ideal Market Denver, […]

March 28, 2023

In the online casino industry, online casinos accepting PayPal became the most sought-after, with popularity fueled by the UK Gambling Commission’s announcement to ban the use of credit cards to gamble in Great Britain. Currently, Bitcoin and PayPal are two […]

March 28, 2023

Paytech Ingenico has announced the acquisition of software-based POS solutions provider Phos, extending its offering for merchant payment acceptance via smartphone. As per the information detailed in the press release, the strategic purchase of Phos marks an additional step in […]

March 15, 2023

It’s not until 2030 at least that mass adoption of driverless cars is widely expected. Despite the long wait, once the market matures, it is set to be massive. According to Renub Research, the US autonomous vehicles market will be […]

March 7, 2023

Nationwide – the world’s largest building society – is an investor in Form3, and also announced a cloud-based payments project with the paytech firm in mid-2021. Through a series of phases, which launched in 2022, Nationwide will migrate all types […]

March 6, 2023

Bybit, a Dubai-based cryptocurrency exchange, has announced that it is temporarily suspending United States dollar (USD) deposits via bank transfers in response to “service outages from a partner.” According to a blog post from March 4, USD deposits via wire […]

March 3, 2023

Users who have deposited funds to Bitzlato can now start to withdraw their coins, the recently seized crypto exchange said in a Telegram message. The announcement comes after a period of over a month during which the trading platform was […]

February 24, 2023

Cryptocurrency exchange Binance has partnered with France-based paytech Ingenico to enable in-store payments in France. The partnership includes the launc of a pilot programme that accepts more than 50 cryptocurrencies and will be available only on Ingenico Axium payment terminals […]

February 23, 2023

Stripe’s Tap to Pay for Android is now available in beta for businesses in the US, Canada, the UK, New Zealand, Australia and Singapore. It supports transactions made with mobile payments such as Google Pay, as well as Mastercard, Visa […]

February 14, 2023

Payment service provider Computop has enabled its retail customers to use their smartphones at the POS to accept contactless payments. With the new Computop PhonePOS solution, using a secure PIN entry will allow retailers to accept payments over GBP 50 […]

January 31, 2023

Thrive Capital has reportedly committed $1 billion in fresh capital to payments giant Stripe as part of a new investment in the works that would value the fintech company at between $55 billion and $60 billion. TechCrunch reported last week […]

January 19, 2023

Banks will be financially incentivised to promote point-of-sale (POS) and e-commerce transactions using RuPay debit cards and the BHIM payments app through to the end of the financial year 2022-23, with ₹2,600 crore ($318.4 million) earmarked for the scheme. BHIM […]

January 18, 2023

France-based paytech Ingenico has partnered Fujitsu Frontech North America to launch a biometric payment solution based on palm vein identification. Through this partnership, merchants will be able to improve the check-out experience of their customers while minimising fraud risks. Fujitsu’s […]

January 17, 2023

Germany-based fintech company ryd, the operator of a B2C network for petrol station mobile payment has announced partnering with Aral to enable mobile payments at around 1800 Aral petrol stations. Aral customers can use it to pay for fuel nationwide […]