Category: Mobile Payments

Many referred to mobile payments to be NFC technology but there are other avenues that many businesses are taking to keep up with this trend. For instance, some have used QR codes on bills that resolve to a mobile site enabling a secure mobile payment.

Square In-App Payments processing becomes a reality

L. Green
Square In-App Payments - Square Reader Mobile Phone Payments - YouTube

Square has launched a customizable SDK in-app payment solution for iOS, Android and Flutter. Square In-App Payments SDK (software development kit) has been launched by the San Francisco-based financial tech company, enabling developers and sellers who use its services to accept in-app payments. While Square has products to help sellers accept payments on the web and in person, this is the first time it will be available in mobile apps. Buyers can securely pay for physical goods or services purchased via mobile app. With the Square In-App Payments SDK, developers…

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Self-service QR code payments launched in Sydney for Chinese residents and visitors

Jorge Gonzalez
Self-service QR Code Payments - Syndey Australia

The Inspiry Smart Box is now available in Sydney. Chinese mobile payment solution Inspiry has launched a self-service QR code payments terminal in Sydney, Australia. Called the Inspiry Smart Box, the terminal has been installed in many of the city’s shopping malls, restaurants, supermarkets, jewelry shops and cafes. Users of the self-service payment terminals simply need to scan a QR code to make a transaction. Using the self-service QR code payments system is quick, easy and convenient for consumers. To make a transaction via the Inspiry Smart Box, consumers simply…

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Nearly one million people in India are testing WhatsApp payments

Sam Lambert
WhatsApp Payments Service - WhatsApp App

India is WhatsApp’s biggest market. With 210 million monthly WhatsApp users, India is clearly WhatsApp’s biggest market. Still, in spite of the Facebook messaging app’s so far successful test of WhatsApp payments service in the country, the digital payments system has yet to become a nationwide service. WhatsApp began testing its payments service back in February of last year. Since WhatsApp payments began testing in February 2018, the service has processed about a million transactions per month. This is according to people close to the National Payments Corporation of India…

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QR code payment system to be set up in Norway for Chinese tourists

Stephanie Beck
QR Code payment system - qr code on smartphone

Vipps cooperates with Alipay to provide tourists from china with more convenient payment options. The joint QR code payment system will see Norwegian mobile payments app Vipps cooperate with Chinese mobile payment app Alipay to allow Vipps payment to be used outside Norway as well as open up the system for mobile payments by Chinese tourists visiting the nation. Chinese tourism to Norway has soared since 2007. Between 2007 and 2017, Chinese tourism to the Nordic country has climbed a whopping 575%, according to national development bank Innovation Norway. The…

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Survey finds that 70% of Irish consumers abandon mobile payment transactions

Jesse Collins
Mobile payment transactions - Women wiht computer and mobile phone

Consumers in Ireland are not keen on making payments via mobile if the process is too difficult. New research from Elavon, a global payments expert, reveals that mobile payment transactions are abandoned by over two-thirds of mobile consumers in Ireland, when these consumers find the mobile payments process to be too tedious and difficult. Several aspects of mobile transaction processes frustrated online shoppers. Elavon’s mobile shopping experience study, which involved 1,000 adult mobile shoppers in Ireland, noted that there were primary sources of frustration that lead to mobile users abandoning…

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PayPal mobile payments break records over Thanksgiving shopping weekend

L. Green
PayPal mobile payments - PayPal Logo

Over $1 Billion mobile payments were made via PayPal on both Black Friday and Cyber Monday. PayPal mobile payments was the preferred payment method for many mobile users during America’s biggest shopping weekend of the year. The American-based worldwide online payment system has revealed that, for the first time ever, it saw over $1 billion in mobile payment volume on Black Friday and hit this record-breaking volume again on Cyber Monday. There were higher mobile payment volumes on Black Friday than Cyber Monday. What is particularly surprising about the data…

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Hong Kong subway riders will soon use QR payments

Jesse Collins
QR payments - Hong Kong Subway

Commuters will be able to scan a barcode to pay their fare for using the public transportation. The Hong Kong subway system will soon allow riders to use QR payments to pay their fare. This use of QR code scans as a form of ticketing is rising in popularity all over the world. The Hong Kong subway system’s mobile payments are a part of a new deal with Ant Financial. The deal between the subway system and Ant Financial – Alibaba’s payment affiliate – was first announced last week. As…

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Tappy adds finger-scanning mobile payments to watch bands

Jennifer Goula
Finger-scanning mobile payments - Women wearing watch

A new battery-less biometric payment authentication system can turn a watch band into a credit or debit card. Tappy Technologies, a Hong Kong-based company, has developed a finger-scanning mobile payments authentication system that is small enough to fit inside a watch band. The system turns the watch band into a secure credit card or debit card, providing wearers with a convenient, battery-free, contactless payment solution. Tappy’s solution gives banks an alternative to sharing transaction fees with bigger tech companies. More and more consumers are becoming comfortable with using their smartwatches…

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New Taxi QR code payments service in Malaysia benefits drivers and their customers

Jesse Collins
Taxi QR Code Payments - Taxis

Touch ‘n Go announces new partnerships with EzCab and Public Cab involving QR code payments. Touch ‘n Go (TNG), the Malaysian-based contactless smart card and electronic payments system company, is helping to bring Taxi QR code payments services to both Taxi drivers and customers in Malaysia. Touch ‘n Go has partnered with two taxi services, EzCab and Public Cab, enabling customers of these companies to pay for their rides via QR codes through the Touch n’ Go eWallet app. The cashless payment method means taxi drivers will no longer have…

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Tencent QR code payment service users exceeds 50 million

L. Green
Tencent QR Code - Public Transport in China

More than 50 million users across 100 cities in China now use the QR code payments for public transportation. Tencent’s QR code payment service that it launched for public transportation “sao yi sao”, back in 2017, recently exceeded 50 million users across 100 cities, according to local media in China, reported TechNode. Tencent has placed a special focus on public transportation. Since 2017, the massive China-based internet company has set its sights on integrating its technologies into public transportation, among these technologies included Tencent QR code payments. It has also…

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QR code payment service to be offered to Thai travelers in Japan

Jesse Collins
QR Code Payment Services - Japan Tourism

A QR code-based mobile payment service is to be launched in Japan for Thai tourists. MUFG Bank, Japan’s largest bank, and its Thai subsidiary, Bank of Ayudhya, is launching a QR code payment service designed specifically for Thai travelers. This service will allow these foreign travelers to make cashless purchases in Japan. Bank of Ayudhya will link its already operational QR code system to Japan. The QR code payment system, which already exists for the Thai lender’s customers in Thailand, is slated to be connected to Japan in December of…

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