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Mastercard Send to launch real-time payments in the UK
Mastercard says it will launch Mastercard Send in the UK. Mastercard Send is a payment service that allows financial institutions, FinTechs, digital customers and other businesses to send real-time payments... more
The post Mastercard Send to launch real-time payments in the UK appeared first on Payments Cards & Mobile.
Open Banking requires ‘Open Payments’ platforms to meet needs of connected customers
A report published today by payments processor RS2 warns that the payment industry must consolidate omni-channel payments, card payments, and direct-from-bank Open Banking payments into new ‘Open Payments’ platforms to... more
The post Open Banking requires ‘Open Payments’ platforms to meet needs of connected customers appeared first on Payments Cards & Mobile.
Battle lines being drawn in Chinese payments apps Vs banks showdown
In Hong Kong’s airport, Alipay’s azure blue logos began appearing two years ago greeting travellers from China who rely on the popular payments app back home. In recent months, taxis started to show the logo. Now stores and boutiques have them. They’re all signs of a battle brewing in Hong Kong that will test whether [...]
The post Battle lines being drawn in Chinese payments apps Vs banks showdown appeared first on Payments Cards & Mobile.
Ant Financial signs bank technology deal as Chinese mobile payments explode
Chinese banks posted robust growth in mobile payments in Q1 2018, according to the People’s Bank of China (PBOC). Banking institutions handled 70.8 trillion yuan (11.1 trillion US dollars) in mobile payments in the period, up 16.8% year on year, the central bank data showed. Around 10.7 billion payments were made through the banks’ mobile [...]
The post Ant Financial signs bank technology deal as Chinese mobile payments explode appeared first on Payments Cards & Mobile.
PayPal partners Google for deeper payments integration
Google has deepened its relationship with PayPal, making it easier to make mobile payments on premium apps and services (like the new YouTube Music, for example). It’s been possible to attach your credit cards through Android Pay for a while now, but the PayPal collaboration means this will now be offered as a payment option [...]
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