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.

PayPal mobile payments suffer following Venmo’s removal from Amazon

Stephanie Beck
Mobile payments - Shares Drop - PayPal and Amazon logos

When the online marketplace giant made the announcement, PayPal started taking an immediate hit. PayPal shares have been falling since last week when Amazon announced to its users that the popular mobile payments service owned by PayPal, Venmo, would no longer be an accepted transaction method on its site or app. Amazon announced that the changes to the transaction method acceptance would start January 10. Though Venmo hasn’t yet been cut off for shoppers making mobile payments on Amazon, PayPal is already suffering from the decision as its stock price…

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EU drivers may soon be able to add licenses to mobile wallets

L. Green
Mobile wallets - EU Flag - Car

The European Council has proposed the change as a part of a new package of legislation. The Council of the European Union has unveiled changes to a proposed package of legislation intended to make it legal for EU drivers to be able to add their licenses to mobile wallets in the form of the European Digital Identity Wallets. The first proposals were put forward by the European Union Commission as a “road safety package” component. This one of the two proposed legislative packages would include an entire overhaul of the…

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BLIK mobile payments expands from Poland to Romania and Slovakia

Jesse Collins
Mobile payments - Romania, Slovakia, Poland Flags

The system will be crossing borders with the introduction of DXC Technology, aiming to expand further. Leading Fortune 500 global tech services provider DXC Technology has been tapped to offer support to the expansion of the Polish Payment Standard (aka Polski Standard Płatności, PSP) mobile payments system BLIK as it moves into Slovakia and Romania. The idea is to modernize the BLIK central system and adapt it to meet Romanian and Slovakian standards. DXC will be responsible for making certain that BLIK will be capable of processing transactions in both…

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Apple sued over mobile payments market competition abuse allegations

Stephanie Beck
Mobile payments - Apple - Lawsuit

Venmo and Cash App customers have filed a class action lawsuit against the iPhone maker. PayPal’s Venmo and Block’s Cash App customers have sued Apple Inc. in a proposed class action lawsuit accusing the iPhone maker of having required consumers to pay “rapidly inflating prices” by manipulating mobile payments market competition. The class action lawsuit was filed by four customers from Georgia, Hawaii, New York and South Carolina. The mobile payments competition lawsuit was filed in a San Jose, California federal court. The filing accuses Apple of having violated US…

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Google wants its mobile wallet to be usable as bus fare

John Montgallo
Mobile wallet - Paying bus fare with smartphone

The tech giant is aiming to make it possible for more commuters to add digital transit passes to the app. Google is working to help commuters using transit systems in a growing number of locations to add their passes to their mobile wallet instead of having to carry a physical card. The company recently posted a blog discussing the way it wanted to combine the app with this service. Google has been watching the increasing trend in the use of mobile wallet apps and contactless technology for transactions of all…

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