I expect that most of you will by now have read a fair bit about the (to my mind) fabulous living monetary experiment that is India. Obviously, I feel sorry for people who have been Read more…
We all still processing the data coming in from India’s radical experiment with cash, and I still think that is way too soon to pass any judgement at all on whether the experiment has been Read more…
It’s that time of year again. No matter how much I complain that silly lists of what will be big in the New Year are trivial and superficial and not really representative of a more Read more…
Malaysia’s Maybank and Western Union have announced the launch of what they’re calling the first digital remittance service in Malaysia via the Maybank2u (M2u) mobile banking app. The app enables Maybank customers to transfer money Read more…
Amongst the general hype and disruption of new, cool technologies, the mobile wallet is quietly taking off, in a big way, according to a survey by Capital One. In fact, according to the survey, ahead Read more…
Tencent and Starbucks have forged a strategic partnership under which they will co-create a new social gifting feature on WeChat, while Starbucks outlets will now accept WeChat Pay as a digital payment option for in-store Read more…
BEIJING (Reuters) – Alipay said on Tuesday it has partnered with four more financial services providers in Europe, as it looks to tap into Chinese consumers travelling abroad, in a move that could help China’s Read more…
MUMBAI (Reuters) – Reliance Industries said its telecoms unit Jio will extend its free data service to all new and existing customers till March 2017, in a bid to attract more customers to its 4G Read more…
MUMBAI/NEW DELHI (Reuters) – Digital payments providers in India have mobilized hundreds of extra workers to enroll small merchants and offered their services for free, betting that severe cash shortages will prove to be the Read more…
SYDNEY (Reuters) – Three of Australia’s four biggest banks will be barred from collectively bargaining with Apple over its Apple Pay mobile digital payments system, under a draft decision released by the antitrust regulator on Read more…
Gemalto says it is supplying its Optelio Contactless Stickers to LotteCard, one of Korea’s largest credit card networks. Using the Lotte Sticker, users can make payments at 35,000 stores throughout South Korea, and can also Read more…
HKT Payment Limited has expanded its Tap & Go mobile payment service to taxi commuters via a deal with Chung Shing Taxi’s SynCab as it targets Hong Kong’s transportation sector. Tap & Go is now Read more…
Globe Telecom, its FinTech startup Mynt and micro-financial institution Cebuana Lhuillier have inked a memorandum of agreement that will pave the way for several initiatives combining the products and services of the three companies in Read more…
Visa, phone OEM Micromax and payments technology company Transerv have announced the launch of mVisa for all users of TransServ’s Udio mobile app users across India, including Micromax smartphone users. mVisa is a payment service Read more…
The total transaction value of mobile financial services in emerging markets (including domestic money transfers, deposits on loans, insurance products, and savings accounts) will approach $500 billion in 2021, up from an estimated $198 billion Read more…
The GSMA announced that Indian operators Aircel, Bharti Airtel and Vodafone have signed on for its Connected Women Commitment Initiative, which focuses on reducing the gender gap in mobile internet and mobile money services. All Read more…
FRANKFURT (Reuters) – China’s Alipay has agreed with US-based Verifone to integrate its mobile app on Verifone payment terminals at merchants in Europe and North America, the latest such deal to reach Chinese consumers travelling Read more…
HONG KONG (Reuters) – Alibaba Group Holdings’ finance arm on Wednesday demonstrated a new payment service called VR Pay that will allow virtual reality shoppers to pay for things in future just by nodding their Read more…
Mobile payments have become a daily activity in China with local mobile wallets like AliPay and WeChat dominating those from handset makers like Apple, Huawei and LG according to new research from the Media and Read more…
PayPal Australia has launched the PayPal mCommerce Index, a biannual barometer on the state of mobile commerce in Australia. First findings: there’s a massive gulf between Australian consumers who want to pay by mobile and Read more…
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