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Apple Pay Cash launches P2P platform in Beta
Apple rolled out Apple Pay Cash for those in its public beta program the service will act like virtual debit card, allowing P2P payments, to take on Venmo. Apple Pay Cash will allow users to make personal payments over iMessage or make purchases using money stored on a virtual debit card in the Wallet app. The firm [...]
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Mobile payments soar 300% as part of the contactless revolution
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 [...]
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CORVID PayGate technology gains accreditation to deliver Faster Payments
Ultra Electronics’ CORVID PayGate platform has been accredited by the Faster Payments Scheme Limited (FPSL) as technically compatible with the Faster Payments Central Infrastructure (FPS CI). This assures CORVID’s ability to offer Aggregation services for those who were previously unable to access FPS due to cost and technological barriers. CORVID PayGate is one of seven [...]
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American Express supports next generation of digital commerce With SafeKey 2.0
American Express has announced SafeKey 2.0, the next generation of its online authentication tool built specifically to meet the needs of today’s increasingly digital commerce environment. SafeKey 2.0, which leverages the EMV 3-D Secure 2.0 industry standard, is a global solution that provides an extra layer of security when an American Express Card Member makes [...]
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The Mobile Payments and Fraud Survey 2017
The Mobile Payments and Fraud Survey: 2017 Report is the fifth edition of this annual study which seeks to understand and measure the state of mobile payments and mobile channel fraud. Now with five years of data and thousands of merchants surveyed, this study is able to identify persistent patterns and changing trends around many [...]
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