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Facebook Pay: Social giant moves to consolidate fragmented payments platforms
Facebook is consolidating its payment processing for Facebook, Messenger, Instagram and WhatsApp into one brand called Facebook Pay. Deb Liu, Facebook’s VP of marketplace and commerce, says that the singular brand... more
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Summary: The World Retail Banking Report 2019
Within today’s connected, digital environment, bank executives realise that customer satisfaction standards must stack up not only to those of other firms providing financial services, but also with non-industry businesses... more
The post Summary: The World Retail Banking Report 2019 appeared first on Payments Cards & Mobile.
Samsung Pay announce cross-border mobile payments
Finablr and Samsung have introduced the Money Transfer feature in Samsung Pay. This new in-app international money transfer service, a first of its kind in the US, offers users seamless... more
The post Samsung Pay announce cross-border mobile payments appeared first on Payments Cards & Mobile.
PayPal beats off Visa and Mastercard to obtain first Chinese payments licence
PayPal has beaten off competition for payments giants Visa and Mastercard to become the first foreign company to acquire a payments licence in China. PayPal obtained the license through the... more
The post PayPal beats off Visa and Mastercard to obtain first Chinese payments licence appeared first on Payments Cards & Mobile.
65% of banks struggling with payment profitability
Based on a global survey of senior executives at the world’s top-tier banks, a new report from Aite, reveals that high costs, low margins and increasingly commoditised business models are... more
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