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While the phrase ‘time is money’ may seem clichéd, it is becoming increasingly relevant as technology-savvy but busy consumers turn to the Internet and alternative payments to make shopping faster... more

The post Alternative payments crucial to bringing omni-channel shopping in store appeared first on Payments Cards & Mobile.

After the disappointment of US regulators blocking its purchase of MoneyGram, Ant Financial has taken a step towards dramatically lowering the cost of remitting money overseas in a move that... more

The post Ant Financial fights back from MoneyGram disappointment with rival blockchain remittance service appeared first on Payments Cards & Mobile.

In Hong Kong’s airport, Alipay’s azure blue logos began appearing two years ago greeting travellers from China who rely on the popular payments app back home. In recent months, taxis started to show the logo. Now stores and boutiques have them. They’re all signs of a battle brewing in Hong Kong that will test whether [...]

The post Battle lines being drawn in Chinese payments apps Vs banks showdown appeared first on Payments Cards & Mobile.

Nearly 2.1 billion consumers worldwide will use a mobile wallet to make a payment or send money in 2019, up nearly 30% from 1.6 billion recorded at the end of 2017, according to a new study. The Juniper study claims that while contactless card payments were far more prevalent than NFC mobile payments in many markets, [...]

The post Global mobile wallet users to total 2.1 billion in 2019 appeared first on Payments Cards & Mobile.

Nearly all Chinese travellers (91%) would be more willing to shop and spend at overseas merchants that accepted Chinese mobile payments, according to a new Nielsen report, jointly released by Nielsen and Alipay, which found that 93% of Chinese tourists would use mobile payment overseas if given the option. The findings, revealed in a new Outbound Chinese [...]

The post Chinese tourists want to use mobile payments appeared first on Payments Cards & Mobile.