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QR code bill payment method to launch through Tata Power

QR code bill payment method to launch through Tata Power

(adsbygoogle = window.adsbygoogle || []).push({}); This will make the company the first Indian power utility to use quick response codes in this way. Tata Power recently announced that it is going to be the very first power utility to use a QR code bill payment system in India. The quick response codes are meant to make it more convenient for customers to pay their invoices. “Tata Power has become the first power utility to introduce QR code service for … Read entire article »

Filed under: Featured News, Mobile Payments, QR Codes

Venmo QR codes launch to make it easier for users to share their profiles

Venmo QR codes launch to make it easier for users to share their profiles

The new quick response codes are supposed to help users connect with their friends more quickly. New Venmo QR codes recently rolled out for users of the mobile payments app. The idea is to use the quick response codes simplify the process of finding their friends within the application. The QR codes are available in both the Android and Apple iOS versions of the Venmo mobile app. All users need to do to use the Venmo QR codes … Read entire article »

Filed under: Featured News, Mobile Apps, Mobile Payments, QR Codes

Skype mobile app offers PayPal payments in latest update

Skype mobile app offers PayPal payments in latest update

The digital wallet’s partnerships are continuing to pile up with the messenger/voice application joining the mix. PayPal has announced that it has entered into yet another partnership as Skype mobile app users will be able to send money to recipients in 22 countries worldwide. The latest version of the Skype application makes it possible for users to send money to other users via PayPal. This represents a significant boost in PayPal’s reach as Skype’s app currently boasts … Read entire article »

Filed under: Featured News, Mobile Apps, Mobile Payments

Starbucks mobile payments now account for 30 percent of the coffee chain’s transactions

Starbucks mobile payments now account for 30 percent of the coffee chain’s transactions

The Seattle based quick service café recently reported posting $5.7 billion in third quarter revenue. Starbucks mobile payments are continuing their steady trend toward increasing usage, according to the coffee chain’s most recent quarterly earnings report. The third quarter earnings at Starbucks were reported to be $5.66 billion, representing an 8 percent increase. That said, despite the healthy rise over the same quarter last year, Starbucks missed its predicted target of $5.76 billion. The company’s non-GAAP earnings were … Read entire article »

Filed under: Featured News, Mobile Apps, Mobile Payments

Mobile payments growth gap barely there between millennials and older generations

Mobile payments growth gap barely there between millennials and older generations

Visa has been taking aim at Singapore for the creation of a cashless society, with surprising findings. Visa’s effort to turn Singapore into a cashless society has centered heavily around promoting mobile payments growth. The credit card giant recently released its Consumer Payment Attitudes Survey 2016, revealing some unexpected data. It came as little shock that Singaporeans are embracing mobile payment transactions for many purchases. Singapore mobile payments growth has been greatly driven by the willingness of the … Read entire article »

Filed under: Featured News, International, Mobile Payments, Trends

J.P. Morgan Chase and PayPal mobile payments deal announced

J.P. Morgan Chase and PayPal mobile payments deal announced

Two giants in the payments industry are now working together – as well as competing – under a new agreement. J.P. Morgan Chase and PayPal mobile payments – two companies among the highest profile firms in mobile wallets – have announced a new partnership within their continuing competition. They have now developed terms for a new deal that they announced at the end of last week. This agreement expands the Chase Pay mobile wallet service reach from … Read entire article »

Filed under: Featured News, Mobile Apps, Mobile Payments

EMVCo publishes new QR code standard for mobile payments

EMVCo publishes new QR code standard for mobile payments

The payment standards body released a new publication to provide technical specs for the use of quick response codes. EMVCo recently published the “EMVCo QR Code Specification for Payment Systems: Consumer-Presented Mode” as a QR code standard ahead of moving toward their use. The publication provides a definition of the way quick response codes function as a single-direction communication between a mobile app and the point of interaction. This represents the first official step forward for EMVCo … Read entire article »

Filed under: Featured News, Mobile Payments, QR Codes

Samsung Pay payment options now include PayPal

Samsung Pay payment options now include PayPal

The new method can now be used online, in-store as well as in-app for greater convenience. The latest addition to the Samsung Pay payment options is PayPal in the United States, according to an announcement from both companies. This strategic partnership involves an initial launch of the combined services in the U.S. but will eventually roll out in other countries, too, said the Samsung announcement. Beyond the addition of PayPal at points of sale through the mobile … Read entire article »

Filed under: Featured News, Mobile Payments, Near Field Communications

Visa QR codes rolled out in Taiwan smartphone payments system

Visa QR codes rolled out in Taiwan smartphone payments system

The quick response codes are used to make the transactions fast and easy to complete. The largest credit card company in the world will be launching a mobile payments system in Taiwan based on Visa QR codes. Local media reports have stated that the quick response codes will be central to transactions completed in the mobile wallet. Visa stated that it intends to use QR codes because they can be scanned by virtually any smartphone. By using Visa … Read entire article »

Filed under: Featured News, Mobile Payments, QR Codes

QR code rail tokens replace cash for Delhi Metro passengers

QR code rail tokens replace cash for Delhi Metro passengers

Commuters now have the opportunity to use their smartphones to scan a barcode instead of buying a token with cash. Delhi Metro riders now have a much more mobile friendly commute with QR code rail tokens and smart card recharging. The train service’s official mobile app’s latest update added several convenient features, said the Delhi Metro Rail Corp (DMRC). This move aligns well with the rest of the country’s effort to use mobile payments to go cashless. India’s … Read entire article »

Filed under: Featured News, Mobile Payments, QR Codes

Chinese mobile payments are driving the country toward becoming cashless

Chinese mobile payments are driving the country toward becoming cashless

People in the country have used cash for thousands of years but smartphones are rapidly replacing it. Chinese mobile payments are quickly gaining ground as the country goes increasingly cashless in favor of smartphones. Despite the popularity of cash and the fact that it has been used in China for millennia, its days may be numbered. This move toward mobile wallets is allowing much of the country to skip the use of plastic credit cards. In May, the … Read entire article »

Filed under: Featured News, International, Mobile Apps, Mobile Payments