Mobile Payments

Mobile payments refer to payment services operated under financial regulation and performed from or via a mobile device. Instead of paying with cash, cheque or credit cards, a consumer can use a mobile phone to pay for a wide range of services and digital or hard goods. Although the concept of using non-coin-based currency systems has a long history, it is only recently that the technology to support such systems has become widely available.

May 14th, 2018

Thanks to Basepay ambitious plans, cryptocurrency payments will soon become available to a great number of people all over the world.

April 10th, 2018

The Payment Request API introduced in Apple is interconnected with Ripple’s Interledger Protocol that allows easy payments across multiple ledgers.

March 23rd, 2018

The PBoC also said that it will allow for a level playing field for the foreign players to compete with the local players in the highly saturated payments market of China.

January 9th, 2018

Google is bringing together some of its payment services under a new brand called Google Pay. The service will simplify online payments and accelerate access to users’ payment information.

December 8th, 2017

Apple enters a market with the peer-to-peer payment system Apple Pay Cash that can become a killer of similar services due to its’ simplicity.

October 9th, 2017

Startup Circle opens source project CENTRE that is based on blockchain technology and will be aimed to connect different digital wallets.

September 11th, 2017

The new account-based ticketing system will also be extended to mobile payment modes, such as Apple Pay, Android Pay and Samsung Pay, from the first quarter of next year under the Mastercard trial, the Land Transport Authority said on Monday, September 11.

September 8th, 2017

Bendigo Bank of Australia and Indian YES Bank bring Samsung Pay, a mobile payment and digital wallet service by Samsung, to its customers, giving them greater choice and the flexibility they’re looking for.

August 1st, 2017

The State Bank of India (SBI) and Samsung India unveiled on Tuesday that users of SBI debit cards will now be able to conduct payments using Samsung Pay.

July 29th, 2017

The London-based financial technology startup will enable customers in the United States to transfer money via its platform using Apple Pay.

July 26th, 2017

Spain gets Android Pay, which will allow its customers to use their Visa and MasterCard debit or credit card with BBVA to conduct payments with their mobile phones.

July 6th, 2017

Currently, LG Pay is restricted to the LG G6 and LG G6 Plus in South Korea but hopes to enter the international market soon.

June 2nd, 2017

After several delays, LG successfully launches its mobile payment service in South Korea with plans to expand to other countries.