The financial institution is hoping that this will add convenience for smartphone using account holders. City Bank Texas has just announced the launch of a new mobile payments solution that will use the Picture Pay service to allow customers to pay their bills through the use of their smartphones. The service is being provided through the Allied Payment Network, which offers these services to the financial industry. The Picture Pay solution through Allied is being called the first mobile payments app that allows a user to point and shoot their…
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Mobile payments of bills quickly increasing in popularity
Western Union has just released its latest Index that has revealed the most recent bill paying trends. The latest Money Mindset Index has just been released by The Western Union Company, revealing its insight into mobile payments and the growing importance of their role in paying bills. The study revealed that a rapidly increasing number of consumers are using smartphones and tablets for this purpose. The study showed that among American consumers, 12 percent of the respondents said that they had intentions to use mobile payments for an increasing number…
Read MoreMobile payments from Western Union make it easier to pay the bills
The new app has just been debuted by the company with the intention of simplifying the customer experience. Western Union has just announced that it has taken an important step into the mobile payments environment in order to make it easier for customers to choose a simple and convenient solution with which to pay their bills. Two mobile apps have been introduced to be used along with their Speedpay service. The Speedpay mobile payments applications are geared toward mortgage providers, banks, insurance companies, and other types of organization. These billing…
Read MoreMobile payments agreement created between Vodafone and ICICI Bank
The initial launch will occur in the eastern region of India but it will expand from there. ICICI Bank has just announced that it has joined into a partnership with Vodafone India that will allow customers to use mobile payments to purchase goods and transfer funds. At first, the service will be available in Jharkhand, West Bengal, and Bihar in the east. The mobile payments service will be referred to as “m-pesa” and will allow consumers to create an account with ICICI bank, from which their Mobile Commerce Solutions. This…
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