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Mobile wallet transactions number in the European Union will experience a CAGR of 61.8% over 2016-2021, ensuring the revenue for the payments industry will pass the €1 billion bar by 2021, according to a newly published market research by Intelling. Focusing on the ‘Pay’ mobile wallets, Apple Pay, Samsung Pay, Android Pay, Google Wallet, …, [...]

The post €1 billion revenue from mobile wallets in Europe from 2021 appeared first on Payments Cards & Mobile.

LG Electronics has announced it will delay plan to launch the LG Pay mobile payments system at this year’s Mobile World Congress (MWC), The Korea Times reports, citing an unnamed company representative. “LG Electronics has delayed the official launch of LG Pay to the second quarter of this year to help the new LG flagship smartphone [...]

The post LG delays launch of LG Pay appeared first on Payments Cards & Mobile.

Vodafone has has announced a strategic partnership with PayPal to expand contactless payments across its mobile wallet.

The post Vodafone teams with PayPal to expand contactless mobile wallet payments appeared first on Payments Cards & Mobile.

A new study by Personetics has revealed that nearly half (45%) of...

The post UK banks could lose 45% of their customers to alternative financial institutions appeared first on Payments Cards & Mobile.

With major smartphone brands Apple and Samsung making a big entrance into...

The post Global mobile payment market to reach $620 billion in 2016 appeared first on Payments Cards & Mobile.