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PayPal has announced that a surge in e-commerce transactions and new accounts has driven quarterly profits 86% higher. The company announced it will continue to support additional investments in mobile-payment... more

The post PayPal reports 86% increase in profits – shift from cash permanent appeared first on Payments Cards & Mobile.

China’s central bank is reported to be considering and antitrust investigation into Alipay and WeChat Pay, the central bank argues the digital payment giants have used their dominant positions to... more

The post China’s central bank considers antitrust probe into Alipay and WeChat Pay appeared first on Payments Cards & Mobile.

A global payments report has confirmed findings from PCM’s proprietary research and other sources that card use is now in slow decline in developed markets and is being replaced by... more

The post Global payments report – trend to digital wallets gaining momentum appeared first on Payments Cards & Mobile.

Today, we launch a major new study into the future of global retail and digital banking and the digital revolution. A Whole New World: Banking’s Digital Future states that by... more

The post Digital Banking: A whole new world appeared first on Payments Cards & Mobile.

According to people who are familiar with Apple iOS code, the forth coming iOS 14 update is being prepared for consumers to pay for items by scanning a QR code... more

The post Is Apple Pay working on a QR code based payments system? appeared first on Payments Cards & Mobile.