MTN teams up with Mastercard on mobile wallets
Africa’s leading mobile operator MTN has partnered with payment platform Mastercard to add online payment functions to its mobile wallet for user across its fintech footprint.
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mobile payment
White House formally bans TikTok and WeChat in US
President Trump issued two executive orders on Thursday to prohibit all transactions with TikTok and WeChat in 45 days’ time.
Losing face in seconds: the app that takes deepfakes to a new depth
Zao, a new mobile app coming out of China, can replace characters in TV or movie clips with the user’s own facial picture within seconds, raising new privacy and fraud concerns.
Estonia is best digital home away from home, report says
Expats voted Estonia to the top of their digital life quality list in a new survey.
Payments challenger Adyen post strong growth following June IPO
In its first earnings release since going public in June, payments firm Adyen is proving it can live up to the hype.
Is mobile payment going too far when cash has become unacceptable?
When mobile payment with smartphones has become the means of choice at retail outlets, the central bank of China needed to remind businesses they should not reject cash payment.
Introducing the Internet of McThings
McDonald’s has made its first step towards IoT with the introduction of a mobile ordering app as a means of streamlining the in-store customer experience.
S7 series leads charge as Samsung reports profits of $7.22 billion
Samsung has announced its strongest profits for two years, reported profit of $7.22 billion, up 18% year-on-year, largely due to a strong performance from the Galaxy S7 and S7 Edge across the period.
Mobile money market to be worth $78 billion by 2019 – report
The global mobile money market will be worth $78 billion by 2019, according to research by MarketsandMarkets. The report, titled Mobile Money Market- Global Forecast to 2019, claimed the market will grow at an annual compound growth rate (CAGR) of 44.6% from last year’s total of $12.34 billion.
Samsung reportedly mulling mobile payments move to counter Apple Pay
Smartphone giant Samsung is exploring the possibility of launching its own contactless mobile payment system, which may involve payment startup LoopPay, according to sources speaking to re/code. The rumour comes as Apple continues to brief the press that Apple Pay is going really well.
CaixaBank launches Gemalto-powered NFC mobile payment wristband
CaixaBank, one of Spain’s largest banks, has moved into the wearable payment technology space with the launch of an NFC-enabled wristband capable of making contactless payments. Security vendor Gemalto has supplied its Optelio Contactless MiniTag, which links the wristband to the user’s existing payment card.
Telefónica partners with Spanish banks on payment services
Telefónica has partnered with Spanish banks La Caixa and Santander to deliver mobile payment services and a digital wallet. Users of the new service will be able to gather all their credit cards into the new digital wallet; they will also be able to send and receive funds via their mobile phone. Bank account details will not be necessary; all the sender needs is the recipient’s phone number.
Visa launches mobile payment services
Payment provider Visa has announced the launch of launch of mobile services that allow financial institutions to offer their account holders the ability to monitor account history and balances, transfer funds between accounts, and receive near real time transaction alerts on their mobile devices.
Ericsson launches own in-app payment service
Swedish vendor Ericsson has launched an in-application payment service targeted at operators that want to allow consumers to complete purchases without having to leave a game or application. Consumers will be able to buy goods and services with just one click, whilst remaining in the app.
Consumers don’t trust mobile payment
Research from security specialist Unisys suggests that consumers remain wary of using their mobile phones as payment mechanisms, driven by concerns over security. Of more than 13,000 mobile subscribers from 14 countries surveyed in March, 71 per cent said that they would not consider using a mobile device to bank or shop online. Scepticism was […]
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