Category: Mobile payments

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 […]

January 11, 2023

The solution will leverage behavioural analytics, machine learning (ML) and artificial intelligence (AI) to detect anomalous payments on the app, monitoring transactions in real time and providing a risk score via profiling. Twint says it chose the financial fraud prevention […]

December 12, 2022

UnionPay, one of the world’s largest card payment networks, and epay, the full-service payment provider owned by Euronet Worldwide Inc. (NASDAQ: EEFT), have launched UnionPay’s innovative QR code payment service in Europe, the companies announced today. The agreement between UnionPay’s […]

November 30, 2022

Africa-based digital payments company DPO Group has launched DPO Pay Mobile to allow businesses to securely transact in multiple currencies across Africa. With several new features, DPO listened to merchant feedback to redesign and redevelop the payment app. DPO Pay […]

November 22, 2022

Singapore-based payment services group Network for Electronic Transfers (NETS) has launched the NETS Prepaid Card, a ‘smart’ stored-value card for retail and transit. When purchasing the NETS Prepaid Card, no minimum age, income requirement, annual subscription fees, or credit checks […]