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.

Singapore’s Land Transport Authority to Trial Mobile Payments Systems on Public Transport
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.

​Australia’s Bendigo Bank and India’s YES Bank Now Support Samsung Pay
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.

Samsung Pay Now Supports SBI Bank Debit Cards
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.

TransferWise Announces Apple Pay Support for Money Transfers in the US
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.

Android Pay Becomes Available in Spain
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.

LG Pay Will Expand to Lower-End Smartphones and Markets in 2018
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.

LG Launches its Mobile Payment Service LG Pay in South Korea
June 2nd, 2017

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

Android Pay to Arrive in Canada on May 31st
May 26th, 2017

The mobile payment platform will become available in Canada by the end of the month, following the launch of the service in Russia this week.

UK Apple Pay Merchants Can Now Accept Limitless Payments
May 23rd, 2017

According to Jennifer Bailey, head of Apple’s payment arm, the users of the app can make limitless mobile payments at the majority of vendors around the country.

Samsung Pay Has Finally Launched in the UK, Takes on Apple and Google
May 17th, 2017

Samsung Pay becomes available for customers in the UK starting May 16, two years after the service was first introduced in 2015.

BNP Paribas and Carrefour Launch Universal Mobile Payments System ‘Lyf Pay’
May 15th, 2017

The new payment platform, which is set to be launched across France later this week, will allow users to make purchases using their mobile phones.

Chinese Top Mobile Payment Service Alipay to Launch in the U.S.
May 11th, 2017

Ant Financial, the operator of Alipay, is expanding its mobile payments platform into the United States market, following limited trials in California and New York.

PayPal Integrates Venmo as a Payment Option During Checkout
May 6th, 2017

Online payments giant is adding Venmo as a new payment option and is planning for more partnerships with companies across multiple sectors.