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Visa and QIWI mass launch of contactless phone payments
QIWI and Visa have implemented a new stage of their strategic partnership, which has resulted in integration of Visa payWave’s contactless technology into Visa QIWI Wallet. Now e-wallet customers can pay using their NFC-enabled mobile devices operating on Android 4.4 or higher in stores, cafes, cinemas, and hundreds of thousands of other points of sale equipped with [...]
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A quarter of Brits plan to make a mobile payment in the next 12 months
Following the launch of Apple Pay in the UK last week, new MasterCard figures show that the British public are willing to embrace mobile payments despite some hesitation. 1 in 4 British consumers (25%) said that they expect to make a contactless payment with their mobile in the next year. Furthermore, in terms of how [...]
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Nigerian mobile money transactions hit $3.5 billion
Nigeria has recorded a total transaction of N700 billion, about $3.5 billion, through the mobile money banking system since 2012, according to the Central Bank of Nigeria (CBN). The Director, Banking and Payment Systems Department, CBN, Dipo Fatokun, made the statement in a presentation at a workshop on Mobile Money and Emerging Payment System master [...]
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Nine drivers of mobile money identified as consumers embrace mobile
Global trade body Mobile Ecosystem Forum (MEF) has released its annual Global Mobile Money report. As new mobile payment models come online, and more sectors embrace mobile as the primary channel for customer engagement and transaction, the report reveals nine significant mobile money trends and explores how they are stimulating growth across the expanded mobile ecosystem. [...]
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Advanced Payments Report Infograph
The annual Advanced Payments Report, which this year has been produced by PCM in conjunction with American Express and written by consultancy Edgar, Dunn & Co. (EDC), has become one of the benchmark indicators of where the payment industry is heading at a time when many forms of payment methods and technologies are embarking on [...]
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