Skip to content
Mobile Remittance RSS
Dutch banks join forces to launch all-in-one mobile payments app Payconiq
Six of the major Dutch banks – ABN Amro, ASN Bank, ING, Rabobank, Regiobank and SNS – say they will launch Payconiq, a mobile payments app this summer. The app, called Payconiq, enables users to make direct payments online, in-store and P2P payments. In April 2015, The Dutch bank ING quietly launched the mobile payments [...]
The post Dutch banks join forces to launch all-in-one mobile payments app Payconiq appeared first on Payments Cards & Mobile.
Social network payments now reach nearly $3 trillion in China
A new UN study reveals that social network payments through Alipay and WeChat Pay enabled $2.9 trillion in Chinese digital payments in 2016, representing a 20-fold increase in the past four years. The data shows that digital payments, using existing platforms and networks, provide access to a wider range of digital financial services, expanding financial inclusion [...]
The post Social network payments now reach nearly $3 trillion in China appeared first on Payments Cards & Mobile.
BBVA complete blockchain based money transfer pilot with Ripple
BBVA just completed the first real-life implementation of an international money transfer using Ripple’s new Distributed Ledger Technology (DLT). The transaction, running on BBVA infrastructures with real money, successfully completed transfers between Spain and Mexico in a matter of seconds. Currently, transfers between countries take up to four days to clear. The use of disruptive [...]
The post BBVA complete blockchain based money transfer pilot with Ripple appeared first on Payments Cards & Mobile.
Updated Android Pay selected by top global banks to enhance mobile banking apps
Android Pay has linked its mobile wallet service to a handful of mobile banking apps, giving consumers the ability add their cards more quickly to the mobile wallet. Customers of Bank of America, Bank of New Zealand, Discover Financial Services, Poland’s mBank and USAA can now “easily add cards to Android Pay from their mobile banking app with just [...]
The post Updated Android Pay selected by top global banks to enhance mobile banking apps appeared first on Payments Cards & Mobile.
Apple Pay funding added to Western Union to enable mobile money transfer
Western Union says that US customers using its mobile app can now pay with Apple Pay when sending money transfers originating in the US to more than 200 countries and territories worldwide, including domestic bill payments. The capability to pay with Apple Pay for sending money transfers through the Western Union app in the UK is planned for [...]
The post Apple Pay funding added to Western Union to enable mobile money transfer appeared first on Payments Cards & Mobile.
