Category: Mobile payments

November 14, 2022

The paytech says the first stage of its “long-term innovation partnership” is the roll-out of new till-free technology. It explains: “The new Checkout.com-enabled SmartShop functionality will allow customers to pay for their shopping without having to visit a till. Instead, […]

November 11, 2022

Israel-based mobile payments platform Sensepass has started accepting Sezzle’s Buy Now, Pay Later payment method. Dubbed the ‘Wallet of Wallets’, Sensepass is one, centralised hub that accepts any digital payment the shopper chooses, from credit and debit cards, to platforms […]

November 7, 2022

The round saw participation from new international investors and 10 existing investors. The company is also considering reopening the Series B for further investment due to strong interest. Founded in 2017, Pyypl has raised nearly $40 million to date. The […]

November 7, 2022

Well, in today’s mobile age, you open your mobile banking or payments app, select the bill, opt for your preferred mode of payment, authorise the payment and boom… The payment is made! Now imagine the same scenario in a B2B […]

October 26, 2022

Global retailer Amazon has announced that its customers will be enabled to make payments through mobile payments service Venmo on the former’s platform. The company stated that in its initial stage, the option will be available to select customers, and […]

October 19, 2022

Canada-based fuel and convenience retailer Circle K has chosen The ai Corporation’s (ai) payments platform aiEazyFuel to power its B2B mobile payments app, Circle K PRO. The partnership builds on Circle K’s transformation of its B2B payments offering and enables […]

October 17, 2022

Samsung Electronics has announced their plan to expand their Samsung Wallet offering to 13 new countries. In June 2022, Samsung announced that they had combined the capabilities of Samsung Pay and Samsung Pass into a new platform, Samsung Wallet, in […]

October 14, 2022

People’s Bank of China Reports 360 Million Digital Currency Payments Transactions with China’s central bank digital currency (CBDC) exceeded 100 billion yuan in value ($13.9 billion) as of Aug. 31, 2022, rising from almost 88 billion yuan by the end […]

October 7, 2022

Like e-commerce, digital wallet use was affected by the pandemic. As shoppers sought contactless ways to pay in stores and shopped more online, digital wallets offered physical distance and convenience. Now, with new consumer habits in place after more than […]

October 7, 2022

EMVCo has published a new specification to support the evolution of contactless and mobile payments and simplify global acceptance for merchants. As contactless and mobile transactions increase around the world, the specification addresses industry demand for an EMV contactless kernel […]

October 5, 2022

According to a report published by DECTA, the advent of contactless payment technologies is not only important for the popularity of digital wallets, but also for the growth of many other new niches. Global payment processing company DECTA has recently […]

September 30, 2022

Disruption is an ongoing theme of the post-pandemic business world as traditional cards and rails are challenged by imaginative tech that’s redistributing the power of payments. For some, the dream is a closed loop payments system a la the Starbucks […]

September 30, 2022

Citing the “rapid evolution” of payments technology which has seen consumers move to newer forms of mobile payment and faster payments through online banking, Pay.UK says Paym will close permanently on 7 March 2023. “These changes in consumer preferences build […]

September 27, 2022

Having a savings account and estimating your monthly expenses will help you save money, but putting a system in place in terms of budgeting can help you gain financial independence. How we’re taught to handle money as children has an […]

September 19, 2022

When it comes to Africa and financial empowerment, we must acknowledge that consumers have the same wants and needs as consumers everywhere else in the world. Africans on the continent want to order the latest clothes and electronics and have […]

September 13, 2022

US-based payment-service-provider Shift4 has offered SkyTab POS, a point-of-sale system for restaurants and food businesses. SkyTab uses Android-based software and includes online ordering and reservations, marketing tools and loyalty programmes, and mobile devices for tableside ordering and payment. It can […]

September 13, 2022

The integration between Vyne and Pendragon uses open banking to eliminate the need for manual bank transfers. It follows the recent announcement that Vyne will deliver open banking payments to Pinewood, one of Pendragon’s solutions for automotive dealer management. The […]

September 12, 2022

Revolut Pay aims to disrupt the payments ecosystem by making shopping online even easier as it facilitates direct payments, while providing strong security for Revolut users: payments will be validated via secure features such as Face ID, or fingerprint unlock, […]

September 10, 2022

Despite being relatively young, mobile payments are quickly becoming the preferred payment system all over the world, even overtaking credit cards. Recent research shows that this growth has only just begun, so it’s worth considering your own digital wallet design […]