Mobile Payments

Bangladeshi Visa QR code payment solution launching in October

05/18/201805/17/2018 Stephanie Beck

The credit card giant will be rolling out transactions via quick response code and contactless tech. Visa QR code payment solutions are slated to roll out in Bangladesh by October. The global payment provider has also announced that it will simultaneously roll out contactless payments. Almost 20 banks have already submitted their applications to be able to participate. The Visa QR code payment and contactless payment service have proven to be highly popular among banks. There have already been nearly 20 banks applying to be able to incorporate the new…

Huawei mobile payments expand into new Bitcoin Wallet

05/14/201805/13/2018 Jennifer Goula

Huawei mobile payments - Bitcoin Payments

BTC.com has become the first bitcoin wallet to launch on the recently-debuted handset maker’s app store. Huawei mobile payments have been brought to a whole new level with an important first. BTC.com, based in Amsterdam and Beijing, has become the first bitcoin wallet on Huawei’s new app store. This brings an important mobile payments opportunity to Chinese consumers behind the “Great Firewall.” The Huawei mobile payments will make it easier for Chinese residents to access cryptocurrency wallets, according to a CNN report. Both the Chinese government and telecom companies have…

Bitcoin QR code on murals earns street artist a cool $1,000

05/11/201805/10/2018 Julie Campbell

Bitcoin QR Code - Street art, grafity, mural

Pascal Boyart is using quick response codes to help kick start his street art with cryptocurrency donations. A street artist named Pascal Boyart has decided to take a more modern route to funding his art, using a Bitcoin QR code. This way, he has allowed himself to earn an income without relying on traditional avenues. Boyart managed to earn revenues from his murals without needing an exhibition in a gallery. The Bitcoin QR code was a part of a growing movement artists have been using to replace the need to…

Digital QR code ID cards headed to China

04/24/201804/22/2018 Stephanie Beck

The country’s e-governance is using a combination of quick response codes and smartphones for identification. China is launching a new type of QR code ID cards for its citizens to use, provided they don’t mind a digital facial scan. This marketplace is known for the success of its mobile payments and m-commerce systems. The popularity of mobile payments has reached the point that it is driving the country forward into becoming cashless. This has been a goal for many nations around the world, but China is doing it successfully. It…

Retail mobile payments can help to reshape the customer in-store experience

04/10/201804/08/2018 Jorge Gonzalez

Retail Mobile Payments - Shopping in-store - shop with Open sign

Retailers have been working to achieve an improved unattended shopping experience. Achieving an improved customer experience is leading stores to embrace retail mobile payments. Retailers are attempting to improve the customer experience through the use of technology. The hope is to offer greater conveniences without having to hire more staff. A great deal of this focus has been placed on the integration of a frictionless point-of-sale payment. The interest in retail mobile payments made the topic one of the best attended informational sessions at the Las Vegas Convention Center for…

Canadian shoppers can use Bitcoin payments for Newegg purchases

04/04/201804/03/2018 Sam Lambert

Bitcoin Payments - Canada Newegg Accepts Bitcoin

The online computer hardware and consumer electronics retailer will now accept the top cryptocurrency. Newegg recently announced that its Canadian customers will be able to make bitcoin payments to complete purchase transactions. The cryptocurrency is now listed among the retailer’s accepted transaction methods. The company revealed its new adoption of cryptocurrency in a recent press release. American consumers have been able to make bitcoin payments at Newegg since August 2014. This made the company one of the first ever major retailers to accept the cryptocurrency. According to Newegg, since it…

Japan Bank Consortium looks to Ripple app mobile payments

03/12/201803/09/2018 Stephanie Beck

Ripple App - Image of Mobile User with iPhone

The cryptocurrency has been attracting considerable financial sector attention and is set to explode. The Ripple app is taking the spotlight in front of the massive Japan Bank Consortium. The cryptocurrency has been drawing considerable global financial sector attention. The company behind it is developing a unique method of streamlining cross-border transactions. Many feel the Ripple app could turn the banking industry on its head. The Japanese bank consortium is looking to get in early to adequately revamp to keep up. The new mobile app recently launched in the country.…

BNM dives into QR code payment services, calls itself a disruptor

03/09/201803/07/2018 Julie Campbell

QR code payment services - Bank Negara Malaysia

Bank Negara is taking on the many challenges associated with quick response codes in Malaysia. Bank Negara Malaysia (BNM) is placing a focus on rolling out QR code payment services. This is a part of a broader strategy to disrupt the traditional banking industry. At the Malaysia Fintech Expo, BNM specifically referred to itself as “the biggest disruptor in the room.” The bank referred to itself in that way as a part of a question its director of its payment systems policy department, Tan Nyat Chuan, asked in his keynote…

QR code based payments next up for Japanese banking coalition

03/06/201803/04/2018 Jesse Collins

A new quick response code system for mobile transactions will be ready by the end of March. A Japanese megabank coalition is moving forward with a new QR code based payments system. The system will be ready by the end of March. That said, the whole thing won’t roll out until the 2019 fiscal year. The coalition is composed of three very large and powerful banks headquartered in the country. The three banks making up the coalition are Sumitomo Mitsui Financial Group, Mizuho Financial Group, and Mitsubishi UFJ Financial Group.…

Facebook Messenger QR codes will make MasterCard mobile payments possible

03/02/201802/28/2018 Jorge Gonzalez

NFC mastercard Facebook Messenger QR codes

The credit card giant is adding quick response codes to the platform to facilitate purchasing. MasterCard has revealed its intentions to use Facebook Messenger QR codes to allow for mobile payments. This will have a particular focus on the small business marketplace in Africa and Asia. The Messenger app is very popular in those markets, making it a natural fit for businesses there. Moreover, using Facebook Messenger QR codes combines a popular mobile app with quick response barcodes. QR codes are already commonplace and widely used in those regions. Therefore,…

Barclaycard restaurant mobile payments let diners walk out without the wait

03/01/201802/28/2018 Julie Campbell

woman cell phone restaurant mobile payments

Until now, to “dine and dash” meant running off without paying, but that’s about to change. Barclaycard has announced that its customers will be able to make restaurant mobile payments by simply leaving an establishment. The solution means diners can leave once they’re finished eating. It eliminates the need to wait for a bill at the end of a meal. The service has been nicknamed “Dine & Dash” because diners can leave without waiting for a bill. To use the Dine & Dash restaurant mobile payments service, customers need a…