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Instead of counting notes and coins or entering a PIN, mobile payments on smartphones have the potential to become a popular method of payment in Germany. Google Pay is already... more

The post Complexities of the German payments market – could mobile payments become meaningless? appeared first on Payments Cards & Mobile.

The race to digital is rattling the payment ecosystem with more choice for consumers adding complexity across the payment value chain – from merchants to consumers and everyone in between.... more

The post SMART Payments: Step 1 – Simplify payment complexity appeared first on Payments Cards & Mobile.

The number of people using mobile contactless payment such as Apple Pay or Google Pay will continue to grow to more than 760 million by 2020, with Apple’s digital wallet leading the way, according... more

The post Mobile contactless payment users to grow to over 760 million appeared first on Payments Cards & Mobile.

According to new data from research firm eMarketer, by the end of this year, a quarter of US smartphone users — 55 million people to date — over the age of 14 will make an in-store mobile payment. More than 40% of those people will do it through Starbucks’s mobile payments app. The Starbucks app, [...]

The post Starbucks’s mobile payments app has more users than Apple or Google appeared first on Payments Cards & Mobile.

Chinese banks posted robust growth in mobile payments in Q1 2018, according to the People’s Bank of China (PBOC). Banking institutions handled 70.8 trillion yuan (11.1 trillion US dollars) in mobile payments in the period, up 16.8% year on year, the central bank data showed. Around 10.7 billion payments were made through the banks’ mobile [...]

The post Ant Financial signs bank technology deal as Chinese mobile payments explode appeared first on Payments Cards & Mobile.