Mobile app users are spending $7.40 on paid-for apps every three months and $9.20 on in-app transactions, resulting in a quarter more spending on in-app transactions According to an online consumer survey by Gartner, app users spend 24% more on in-app transactions than on upfront app payments. The survey found that younger people are more…
Sweden has become the first Nordic country to issue MasterPass digital wallets. Nordea, SEB and Swedbank are the first banks to issue MasterPass, soon to be joined by ICA Banken and Resurs Bank.
The nation’s largest credit union service organization, in terms of number of credit unions, assets and members, has jumped on Visa Checkout and MasterPass bandwagons.
Chase injected new iife into MCX and CurrentC with the launch of
Chase Pay. MCX – which includes retailers such as Walmart, Target, Best Buy and Shell – will be Chase Pay’s premier partner.
San Francisco-based OmnyPay has launched its first integrated mobile loyalty, rewards and payment system designed specifically for retailers. OmnyPay enters the mobile payments market with major competitive advantages: a clear focus on a long-standing retailer problem, a proven management team, and a first-of-its kind solution to solve the “last inch” of the mobile payments process.
MasterCard will provide tokenization services to commercial credit card issuers. Soon, corporations and business travelers will be able to load eligible corporate credit cards within participating mobile and digital wallet services.
EVO Payments International (EVO) will provide full support for contactless payments made through mobile wallet providers Apple Pay, Android Pay, and Samsung Pay.
Digital Retail Apps, developer of the Shop In-Store, Pay In-App SelfPay technology, has inked deal to showcase SelfPay’s “skip-the-checkout-line” mobile self-checkout solution at the Visa Innovation Center at One Market in San Francisco.
In today’s CardFlash News Que: FINCITY (Aurora); PARKING PANDA (Button); ARROWEYE (MetaBank): and VERIFONE (VAI).
Convenience was the most positively discussed aspect of new digital payment methods in shopping and retail related conversations (77%), with the travel sector leading the way in terms of the highest share of coverage. According to a new survey consumers specifically highlighted their preference for not necessarily needing to take their wallet on every trip and being able to use mobile payments when they travel.
CardWeb.com’s CardData Reports today features the”How European Issuers Can Thrive in an Ecosystem Defined by Tokenization-Enabled TNFC Payments” white paper from TSYS.
CardWeb.com’s CardData Reports today features the”How European Issuers Can Thrive in an Ecosystem Defined by Tokenization-Enabled NFC Payments” white paper from TSYS.