New data from Juniper Research has found that the volume of domestic money transfers via mobiles will exceed 203 billion in 2024, up from 130 billion in 2019. Domestic P2P payments will... more
The post P2P drives mobile money to exceed 200 billion transactions appeared first on Payments Cards & Mobile.
The future of mobile payments, both in the US and around the world, will likely be determined by the success of the OEM Pay wallets. Data from Juniper Research indicates... more
Visa has announced a new strategic agreement with Western Union to implement Visa Direct, Visa’s real-time push payments platform in an effort to bring speed and transparency to the process... more
The post Money 2020: Visa and Western Union partner on global payments appeared first on Payments Cards & Mobile.
Visa announced it has finally acquired control of Earthport, a company that provides cross-border payment services to banks, money transfer service providers and businesses via the world’s largest independent ACH... more
Citigroup recently announced that it is developing a consumer-payments platform (B2C payments), in a move to enter the rapidly growing digital payments industry. Citi’s new service will offer merchants a... more
The post Why is Citigroup launching a B2C payments platform? appeared first on Payments Cards & Mobile.