Tag: mobile payments

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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QR code payment tests in Singapore make transactions easier for merchants

John Montgallo
QR code - Merchant mobile payments - Singapore Flag

A new system in the country uses one operator to accept 23 different payment methods. Merchants in Singapore will soon be able to use a single QR code to be able to accept nearly two dozen different digital payment methods in a trial starting this week through the central bank. Stores have been promised that the new system will reduce hassle for them and for their customers. With a rapidly growing number of apps and mobile wallets, merchants are finding it difficult – or even impossible – to accept them…

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Goa, India police use QR code to bust international human trafficking ring

Stephanie Beck
QR Code - Human Trafficking - Goa

The investigators used the quick response codes to be used by clients for payments that were traceable. UPI has gained massive popularity in mobile payments, to the point that it could be used for crime busting by providing QR codes to clients of human trafficking. The massive network was based in Goa, India, but was being operated out of Kenya. The police chose this method of tracking because the QR code/UPI mobile payment is typically completed during an early transaction stage, stopping clients from being able to get out of…

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Philippines, Vietnam and Brunei to create QR code payment strategy

John Montgallo
QR code payment - Philippines, Vietnam and Brunei flags

The arrangement across the ASEAN region is partly intended to reduce dependence on the US dollar. Philippines, Vietnam and Brunei have announced that they intend to join with other significant Southeast Asian economies in a decision to create a cross-border QR code payment system that will encourage the use of their local currencies instead of having to rely on the US dollar when shopping across each others’ borders. Several other countries have launched similar strategies or have agreed to develop them. For instance, Singapore, Thailand, Indonesia and Malaysia have already…

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Consumers love paying bills with mobile wallets, but fees could block growth

L. Green
Mobile wallets - Paying using phone

Half of consumers say they wouldn’t use this feature if it came with an added cost attached to it. All age demographics are using their mobile wallets to an increasing degree for the purpose of bill payments. Consumers enjoy the convenience of being able to pay their bills whenever and wherever they want. There is certainly an advantage to using mobile wallets when compared to now outdated methods of paying bill such as writing a paper check and mailing it or heading to the bank or institution to make a…

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