Tag: mobile payments
Mobile Contactless payments to grow 92% by 2023
A new report from Juniper Research has found that transaction volumes for mobile payments will grow from 26 billion in 2021 to 49 billion in 2023, a growth of 92%. Growth in mobile contactless transaction volumes will significantly exceed contactless card volumes by 2023, as mobile contactless transactions grow twice as fast as the card-based alternative.…
2016: What’s around the corner for digital payments? Apple Pay, Bitcoin, Pingit and more
Apple Pay, one of the latest forms of digital payment via your mobile, is slowly gaining acceptance Mobile payments, biometrics and crypto currencies. These were just some of the emerging trends discussed at the recent Westminster eForum Keynote Seminar at London's Royal Society. Tech Digest’s Chris Price reports The way…
Why You Need a Mobile Payment Processor
This is a partnered post. When talking about mobile payment processing, what comes to mind? A small device you plug into your phone or tablet that lets people swipe credit and debit cards? Or perhaps you think of the company behind those devices and how they function with the cloud in accepting payments from a…
Are mobile payments coming to the iPhone 6?
It appears that a virtual wallet is most likely going to be one of the biggest features of the new iPhone 6. According to the website Re/Code: "Apple has reached an agreement with American Express to work together on its new iPhone payments system." Re/Code says the new payments system is expected to let iPhone 6…
Google gets into mobile payments with Gpay patent
Y’know what the smart thing about Google’s corporate policy of allowing employees to work on their own projects? Any time information leaks out about something top-secret, the company can say ‘well, people work on lots of personal projects…’ and sidestep the speculation.
That’s what appears to be happening following reports of a patent filed by Google for Gpay, a potential text-message based payments system. In part, it’s the age-old ‘buy a can of coke from a vending machine using your phone’ idea, with added person-to-person payments to tip the greengrocer. I’m loving the accompanying illustrations on that score.