PCM Mobile Payments RSS
NEW DATA HIGHLIGHTS DIFFERENCES IN USE OF P2P APPS
Use of P2P mobile payment apps, such as PayPal and Venmo, vary significantly by generation, according to a new survey from The Manifest. 29 percent of millennials (18 to 34 years old) regularly use P2P mobile payment apps to pay for food and drinks, compared to approximately ten percent of those who are older. Baby boomers (55 [...]
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WHATSAPP PAY HITS A MILLION INDIAN USERS
WhatsApp is already the largest messaging app in the India with over 200 million active monthly users. Over the past few months, it has quietly rolled out its payments feature (WhatsApp Pay) to a select few. With almost a million users on board, WhatsApp is currently fixing bugs and building features, sources say, adding that no [...]
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PAYPAL QUIETLY MOVING TOWARD BECOMING A BANK?
PayPal is seen by some to be nudging its customers closer to mainstream banking services. The payments company has been reaching out to groups of customers in recent months with an offer to add basic banking features to their PayPal digital wallet. The features include Federal Deposit Insurance Corp. insurance for balances up to government-set [...]
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INSTAGRAM LAUNCHES IN-APP PAYMENTS FEATURE FOR MOBILE COMMERCE
Instagram has stealthily added an in-app payments feature to its app for selected users in certain regions. It allows users to register a debit or credit card as part of a profile, set up a security PIN, then start buying without ever leaving Instagram. Not having to leave to a separate website and enter payment information [...]
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INVOICES INSTEAD OF SMILEYS: PAYMENT VIA WHATSAPP?
WhatsApp is now firmly integrated into the everyday lives of millions of people across Europe. The question of where and when to have drinks or dinner is now often discussed and agreed through a WhatsApp group. Instead of a holiday postcard, images are shared immediately via the app. Making audio and video calls is another [...]
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