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Mobile payments hit the mass market in 2014 with the introduction of Apple Pay and was hailed as the next revolution in payments. Partnerships with major payment providers such as... more
The post Cards remain king as mobile payments fail to hit the big time appeared first on Payments Cards & Mobile.
Since the birth of FinTech there has been a growing anxiety for bank executives as to how and when big tech companies will start to focus on the banking industry. During its... more
The post Banking industry concerns grow as Big Tech turn to FinTech appeared first on Payments Cards & Mobile.
Target has rolled out a proprietary mobile wallet. While the retailer still will not accept Apple Pay or other third-party mobile payment options in its stores, the retailer is going the route of Walmart and others who have devised their own mobile wallets inside their smartphone apps. Target is rolling out the feature this week [...]
Microsoft has rebranded its built-in payments framework on Windows 10 from Microsoft Wallet to Microsoft Pay, following in the footsteps of Apple and Google with Apple Pay and Android Pay. The name change comes via an update from the Microsoft Store, which updates the Wallet UI to say Pay instead. The new app is designed to make [...]
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As the recently launched iPhone X makes mobile payments even easier with Face ID, MoneySuperMarket reveals that a quarter (23%) of Generation Z predicts physical cards will soon be obsolete as mobile payments reign supreme. The new report by the price comparison website shows that contactless payments have doubled since last year, as we increasingly lose contact [...]
The post Mobile payments soar 300% as part of the contactless revolution appeared first on Payments Cards & Mobile.