Mobile Wallet RSS

Daily News, Mobile Banking, Mobile Payments, Mobile Wallet -

Mobile wallet and payments have been hot topics for a few years, with many predicting the end of traditional card payments and overstuffed “Costanza” wallets. Rumours of cards’ demise have been a bit overblown, particularly in countries with very well-established card payments infrastructure. There is much more adoption of mobile wallet and payments in traditionally [...]

The post The rise of the mobile channel – global mobile wallet adoption appeared first on Payments Cards & Mobile.

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Contactless, Daily News, E-Money, FinTech, Mobile Banking, Mobile Payments, Mobile Wallet, mPOS, payment terminals, POS Terminals, smartphones into payment terminals, Tokenisation -

Mastercard unveiled a pilot project in Poland, turning smartphones into payment terminals for accepting contactless payments. The solution is aimed at small and micro merchants that have traditionally taken cash payments, providing them with a simpler and more secure way to run their business. A recent study commissioned by the Polish Foundation for Development of Cashless [...]

The post Mastercard piloting turning smartphones into payment terminals appeared first on Payments Cards & Mobile.

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cashless society, Daily News, E-Money, Financial Inclusion, FinTech, Mobile Banking, Mobile Payments, Mobile Remittance, Mobile Wallet -

A couple of hikers see a farmer leaning on his gate and stop to ask for directions. “We’re looking to get to X,” they say. “Well, I wouldn’t start from here,” the farmer replies. But that’s precisely the point with the move to digital. Countries — and the communities and people within them — start [...]

The post The drive to digital and its impact on financial inclusion appeared first on Payments Cards & Mobile.

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Contactless, Daily News, HCE, Host Card Emulation, Mobile Payments, Mobile Wallet, Samsung Pay, Tokenisation -

Samsung Pay has driven its home advantage and processed 10 trillion won ($8.8 billion) in accumulated transaction volume in South Korea, the company has announced. The service was launched in its home market in 2015, had 2 trillion won of transactions in its first year. Over the last two years, it has expanded into the [...]

The post Samsung Pay hits $9 billion of transactions in South Korea appeared first on Payments Cards & Mobile.

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Cyber Security, Daily News, Fraud & Security, Identity, Mobile Banking, Mobile Payments, Mobile Wallet -

In today’s digitally-driven society, being able to access your money when you want, from any device, is no longer a luxury but a necessity. In fact, being able to quickly transfer money to your contacts or easily pay on your phone for a coffee is second nature to many consumers. These quick and easy transfer [...]

The post Mobile users can no longer afford to overlook cyber security appeared first on Payments Cards & Mobile.

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