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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 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.

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

The post 65% of banks struggling with payment profitability appeared first on Payments Cards & Mobile.

According to the World Payments Report 2019, which tracks and analyses non-cash transaction volume, regulatory and industry initiatives, and digital transformation across the global payments market, global non-cash transactions are... more

The post The World Payments Report 2019 appeared first on Payments Cards & Mobile.

As much as 15% of banks’ global payments revenue, or $280 billion, is likely be displaced by the growth of digital payments and competition from non-banks, as payments become more... more

The post Report: Banks risk losing $280 billion in payments revenue by 2025 appeared first on Payments Cards & Mobile.