Mobile payments coming to Snapchat?

Photo messaging mobile app Snapchat earlier this week filed two trademarks around processing peer-to-peer payments, funds transfers and online payments, according to an article from TechCrunch. The tech site reported that one of the trademards is for "computer application software...

FEATURES


M-Pesa: big in Africa, bigger in Europe?

Tomasz Krajewski, head of commerce at eLeader, discusses the conditions needed in a country for Vodafone to find success with its mobile payment system.

Paym debuts, but will security concerns derail its full potential?

Almost 400K register for service as U.K. consumers get another m-payment option.

Facebook faces multiple barriers to success in mobile payments

Low user adoption and privacy concerns could derail the company's plans.

The Philippines is ripe for mobile remittances

Filipinos and mobile share a special relationship. With a mobile penetration of over 100 percent, almost everyone in the country has a mobile device.

Mobile payments should be fun

Ask yourself, what are the most popular mobile apps out there? Now let's have a little experiment. Ask your friends if you can have a look at the apps installed on their mobile devices.

Mobile and money remittance: A perfect match

There are real benefits money remittance companies can have by embracing a mobile-first strategy. In fact, when it comes to financial institutions, I believe that mobile and money remittance are the perfect match.

Study predicts six-fold growth in mobile e-commerce payments by '17

Mobile payments for online purchases will increase from $18 billion worldwide in 2012 to an $117 billion in 2017.

Royal Canadian Mint conducts crypto-currency trial

Participants encouraged to use government-backed virtual currency for low-value and P2P payments.

Mobile and money remittance make a perfect match

Remittance companies must move into the mobile channel now or risk being left behind.

10 mobile payment predictions for Asia in 2014

Growth continues in the world's largest mobile market, leading to many intriguing possibilities this year and beyond.

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NEWS


Payments Council report claims UK leads the world in mobile payments

Following the April launch of Paym, a person-to-person mobile payment service, the U.K. Payments Council Thursday launched a research paper comparing mobile payments markets on an international basis.

Orange and BNP Paribas link mobile money transfer services in Africa

Orange and the BNP Paribas Group Monday announced a partnership that will offer retail banking customers in Africa direct access between their BNP Paribas account and their Orange Money account through their mobile phones, according to a press release. This...

Cumberland Building Society extends relationship with Alaric, NCR

The U.K.-based financial institution has deployed the U.K. Payments Council’s Paym mobile payment service using Authentic and Fractals software from Alaric, an NCR company.

Ingo makes SDK available to make check funding an option in mobile apps

Ingo Money Inc. on Monday announced in a press release the availability of its software development kit that allows financial institutions and prepaid card issuers to integrate Ingo Money's mobile account funding services into their native mobile apps, enabling consumers...

MyCheck collaborates with PayPal to expand pay-at-the-table service

MyCheck, a checkout app for restaurants, has collaborated with PayPal to enable consumers to pay at table through the PayPal app. According to a release, the app enables users to select a restaurant from a list, check-in to the venue,...

MoneyGram to enable money transfers through PicomoPay Facebook app

MoneyGram is teaming with PicomoPay to allow its consumers in the U.S. to send money transfers via PicomoPay's Facebook application to more than 336,000 MoneyGram agent locations in more than 200 countries, according to a press release.

U.S. Bank adds real-time P2P payments using Fiserv

Fiserv Inc. today announced in a press release that U.S.

Facebook reportedly seeks money license in Ireland

Facebook might be on the verge of a payments play as it is reportedly seeking an e-money license in Ireland that would enable the social site's users to send and receive funds transfers, according to the Financial Times. If Ireland...

Research: Can Bitcoin succeed?

The mixed news and reviews of Bitcoin leave the public to wonder: Is Bitcoin on its last legs, or will it become a part of the mainstream payments infrastructure? What problems does this new currency solve compared with those that...

Mobile payments set to rise 40 percent in 2014, Juniper says

The value of global payments via mobile devices will reach around $507 billion this year, a rise of nearly 40 percent year-over-year, according to a new report from Juniper Research. The report, "Mobile Payment Strategies: Remote, Contactless & Money Transfer...

Paym launches April 29 in the UK

The United Kingdom Payments Council Wednesday announced consumers in the U.K. now can enroll in Paym, a mobile-payment system that uses mobile phone numbers to identify recipients and eliminates the need for senders to know recipients' banking details. Paym launches...

Vodafone brings M-Pesa to Europe

Telecommunications company Vodafone on Monday launched mobile money transfer and payment service M-Pesa in Europe for the first time, according to a press release. Romanian consumers now can use M-Pesa, which is based on simple text messaging technology and operates...

Western Union expands mobile money transfer network in Nigeria

Western Union has launched a mobile money transfer service to Nigeria, increasing the reach of Western Union payout options in the country, the company announced. The new mobile money transfer service integrates directly with Paga, a leading Nigerian mobile payment...

Cachet Financial Solutions acquires prepaid mobile platform

Cachet Financial Solutions is expanding its prepaid mobile offering with the acquisition of DeviceFidelity's Moneto prepaid mobile platform and core Visa prepaid mobile money platform. In addition, the purchase of DeviceFidelity's prepaid mobile business unit provides Minneapolis-based Cachet with strategic...

Mobile payments technology firm set to get up to $5M in funding

Dallas-based payment processor and mobile payments technology firm Calpian is to receive up to $5 million in investment from entrepreneur Craig Hall, chairman and founder of Hall Financial Group. Calpian offers transaction processing services in the U.S., as well as...

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Mobile remittance promises massive growth worldwide. This research center deals with the latest developments in person-to-person (P2P) mobile money transfers.