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Asia Pacific study of digital payment adoption
New findings released from an Asia Pacific study shows the current state of digital payment adoption and how new Internet-based services affect payment trends across Australia, China, India, Indonesia, Japan, Malaysia, New Zealand, Singapore and Thailand. Principle findings of this study by ACI Worldwide include: Nearly 40% of respondents used a smartphone wallet in India, second only [...]
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Contactless mobile transactions to hit 5% of retail payments
Aite Group research indicates that from 2015 to 2018, contactless mobile transactions have the potential to reach 4% to 5% of retail payments with growth in transaction volume accelerating after 2020. It also predicts that cards will account for 273 billion transactions at a combined value of some $30 trillion by 2018. However, as mPOS grows, [...]
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Square plans IPO in Q4
Square is reported to have plans to hold its initial public offering in Q4 2015, according to sources. Square is continuing with plans for its IPO even as Twitter’s board is considering whether Jack Dorsey, its founder, will remain CEO of the social media company. Dorsey is the top internal candidate for the role, but [...]
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FIME revolutionises payment terminal kernel design
In a move which will assist EMV payment terminal, mobile point of sale (mPOS) and kernel developers to bring their products to market more efficiently, quickly and cost effectively, FIME has launched its EVAL 4dev cloud-based service. According to FIME, this is a breakthrough in the testing world, enabling users to validate EMV Level 2 payment [...]
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Advanced Payments – Which paths to success?
PCM in partnership with Edgar, Dunn & Co. and American Express unveil the findings of the latest Advanced Payments Survey. The annual Advanced Payments Survey, 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 [...]
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