New Facebook Pay QR codes make it easier for users to send money

Facebook Pay QR Codes - facebook sign with QR code

The quick response codes have been introduced to simplify person-to-person payments. Facebook Pay QR codes are now rolling out to add a new way for users to be able to send money person-to-person. The quick response codes can be scanned by friends or family members to instantly transfer money from one person’s account to another. The social network’s mobile payment service was first launched back in 2019. The idea behind the Facebook Pay QR codes is to expand on the current convenience of the service and make it easier for…

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Disney MagicMobile launches for MagicBand function on Apple Watch and iPhone

Disney MagicMobile - person wearing Apple Watch

The entertainment giant has announced the digital pass and wallet support for Apple devices. MagicBand support is now available through Disney MagicMobile on iPhone and the Apple Watch for theme park guests using those devices. The technology can be used by guests to Disney World and who use compatible Apple devices. The Disney MagicMobile service uses the Wallet app in Apple Watch and iPhones, allowing them to function like the brand’s MagicBands. The MagicBand is a colorful plastic wristband with tech components, allowing Walt Disney World guests to use it…

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An Ultimate Guide on Creating a Peer to Peer Payment App

how to build a mobile payment app

Recent research by analysts showed that there were 82.5 million users of Peer-to-Peer payments in the US in 2018. To make this figure seem even more huge, let’s say that this is almost a third of the US population that uses mobile devices. And in 2022, the number of users of P2P payments should grow to 52%. This rapidly growing popularity is causing many entrepreneurs to consider building their own P2P payment applications. In this article, we will show you how to create your own P2P payment application complying with…

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Figure Pay mobile payments system could offer small and local businesses an advantage

Figure Pay - person using mobile wallet to may payment

The new fintech-created system could bring down the cost of digital transactions. Figure Pay, a mobile payments system based is aiming to bring new and more affordable digital transactions to local small businesses. Mobile payments have taken off since the start of the pandemic, but this hasn’t been easy on small businesses. The Figure Pay app was developed by Figure Technologies. That company is a small fintech from Silicon Valley using technology developed in Missoula, Montana. Its goal is to employ blockchain to slash the costs associated with this type…

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This year, UK mobile commerce will hit £2.27 trillion

UK mobile commerce - British Pounds

By the end of next year, m-commerce in the United Kingdom will have reached £2.73 trillion. By the end of 2021, UK mobile commerce will have reached the £2.27 trillion ($3.16 trillion) and will rise even further to reach £2.73 trillion by the end of next year, says a Kaleido Intelligence report for Payvision. This is occurring as consumers and businesses alike seek contact-free transactions in the pandemic. The report showed that 11 percent of all online shoppers around the globe are currently using mobile wallets at least once per…

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