Consumers in Asia Pacific are embracing new mobile technologies with one in five (19.5%) using digital wallets, a two-fold increase from two years ago (9.7%). Smartphone users in emerging markets, China (45.0 percent) and India (36.7 percent) are the biggest adopters of digital wallets in the region while smartphone users in Singapore (23.3 percent) come…
HomeSend has expanded its global framework agreement with Vodafone Group for M-Pesa, including the launch of remittance services into five new markets during 2016. The two companies will work together to enable the real-time, mobile receipt of remittances by M-Pesa users in the Democratic Republic of Congo, Ghana, Lesotho, Mozambique and Albania. In addition to…
Breaking News: DRA (licensing); PARKMOBILE (NYC); CARDFELLOW (Indigo); and THREATMETRIX (Fuji Soft). DRA – Canada-based Digital Retail Apps (DRA) will begin licensing its purchase verification technology to merchants and partners. As well, the company has earned an additional patent on its system and method of facilitating secure self-payment transactions of retail goods. The new patent…
MOVO has raised an initial $700K to finalize the development of its beta product, scheduled to launch this spring in the US. For MOVO, that means offering a free alternative banking platform with a first-of-its-kind P2P payments app for this neglected market. MOVO accounts are opened and loaded without a bank account right from a…
Abine unveiled its new Blur password manager for Android (also available for iOS). Blur is the only password manager in the world that includes privacy protection and a digital wallet for fast, secure virtual (tokenized) e-commerce credit card payments. The Blur App for Android devices enables anyone to create tough-to-crack passwords, spam-free email addresses and…
Coin announced a developer program for accelerating the integration of payments into wearables. The program will enable access to the MasterCard Digital Enablement Service (MDES) to securely digitize MasterCard payment credentials and further reduce the barrier to entry for device manufacturers. The program, compatible with a range of wearables such as fitness bands, smart watches…
Digital wallets including Apple Pay, Samsung Pay, Android Pay and MasterPass dominated – 97% – of total mobile payments conversations in 2015, centered on product launches, service improvements and how users are evaluating them. In 2015, consumers embraced the increasing choice of digital payments options available to them, moving beyond the simple question of “what’s…
Global Payments will offer merchants in China the ability to accept China UnionPay payments made with Apple Pay. Global Payments is fully enabled for Apple Pay acceptance, allowing merchants to offer their customers the convenience of paying quickly and easily with Apple Pay in-store. Security and privacy are at the core of Apple Pay. The solution…
China Jo-Jo Drugstores, Inc. (NASDAQ CM: CJJD) (the “Company” or “China Jo-Jo”), a leading China-based pharmacy with retail, wholesale and online distribution of pharmaceutical and health care products, today announced sequential Q3 Alipay mobile transactions grew 84% while sequential traditional payment transactions such as City Health Insurance payment transactions grew 27% respectively versus Q2 of…
Mobeewave is unveiling its patented secure contactless payment-acceptance capability for mobile payment applications at the upcoming Mobile World Congress in Barcelona. Integrated into a mobile wallet or mobile banking application, can provide a True Wallet Experience for consumers, by allowing them to receive as well as make electronic proximity payment via their mobile phone. Founded…
FIS and PayPal have buddied for FIS Cardless Cash, a capability that allows consumers with a mobile banking app to withdraw money from virtually any ATM. Launched in January 2015, Cardless Cash was the first mobile ATM solution on the market that avoids the plastic debit card. This technology provides banks with a new revenue…
Seamless has inked a new order from a leading African mobile operator in the Ivory Coast for the installation of its transaction switch. The order is initially valued at approximately USD 2 million. Seamless transaction switch has been a key component for international telecom companies since the first installation some 15 years ago. The product…