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Global payment trends and digital technologies are driving change in the payments world. The omni-channel payment behaviour of increasingly online consumers and retailers counter-acting demand for omni-channel payment service acceptance is a real challenge for the payments industry. Consumers are also aware of and actively want to make use of mobile banking apps to pay [...]

The post Open Retailing and Open Banking – Payments Industry Challenges appeared first on Payments Cards & Mobile.

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Payments News -

Worldline will buy the payments unit of Swiss stock exchange operator SIX Group in a $2.75 billion deal, in the latest example of consolidation within the sector, as financial sector companies seek to benefit from the shift towards electronic and online payments. The French company said its acquisition of SIX Payment Services would largely involve [...]

The post WORLDLINE TO BUY SIX PAYMENT SERVICES FOR $2.75 BILLION appeared first on Payments Cards & Mobile.

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digital wallet, Microsoft Pay, mobile payment, Payments News -

At the last “Build 2018”, Microsoft announced that it will add its mobile payment and digital wallet service, Microsoft Pay, to Microsoft Outlook. The new Microsoft Pay integration will allow users to make payments for invoices or bills received via email right from their inbox. This means that users will no longer be redirected to a third-party [...]

The post Microsoft Pay being launched in Outlook appeared first on Payments Cards & Mobile.

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Payments News -

PayPal has reportedly filed a patent to speed up cryptocurrency transaction times by eliminating the verification time of the payment, However, some experts argue that this is already made possible through existing technologies in the cryptocurrency industry. PayPal filed a patent with the US Patent and Trademark Office (USPTO) for a technology that is supposed [...]

The post PAYPAL FILE PATENT TO SPEED UP CRYPTOCURRENCY PAYMENTS appeared first on Payments Cards & Mobile.

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Faster Payments platform, Faster Payments platform Australia, Instant Payments, Issuing & Acquiring, Mobile Remittance, New Payments Platform, Payments News, Processing & Systems, real time payments, Remittance -

Australias new Faster Payments platform has been officially launch and is the result of collaboration between 13 members of Australia’s financial services industry, including Australia’s four major banks and the Reserve Bank of Australia. Services that use the Faster Payments platform’s capabilities will commence rolling out soon from about 60 banks, building societies and credit [...]

The post Australia’s new Faster Payments platform officially launched appeared first on Payments Cards & Mobile.

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