QR Code Press

Visa and FNBO partner to offer customers a better mobile wallet

09/05/202309/04/2023 Sam Lambert

First National Bank of Omaha and Visa have teamed up to create a digital payment experience customers will like. First National Bank of Omaha (FNBO) and Visa have announced a new collaboration for the purpose of offering customers an improved mobile wallet experience. They announced that it offers instant account credential delivery to the user’s digital account. What makes this mobile wallet experience different is that it doesn’t require users to have to download an app. They will receive instant account credential delivery without needing to add anything to their…

Mobile wallet market to break $16.2 trillion by close of 2031

08/05/202208/04/2022 Stephanie Beck

The world is moving evermore cashless, and consumers are turning to their phones for payments. As a growing number of countries worldwide trend toward cashlessness, the mobile wallet market worldwide is seeing striking growth. Even before the pandemic, it was already taking off, but contactless trends sent its use skyward. In 2015, the mobile wallet market was valued at $675 billion. By 2018, it had already risen to 1602.4 billion, and the number has only continued to climb. Among the factors that have helped to drive the use of payments…

Major credit card networks team up for easier mobile shopping

10/24/201910/24/2019 Jennifer Goula

Shopping via mobile is about to become more convenient. Visa Inc., Mastercard Inc., American Express Co. and Discover Financial Services are part of the world’s biggest card networks that have come together to make easier mobile shopping with credit cards a reality for smartphone users. Mobile shoppers abandoning their online cart costs retailers billions. While there are many convenient ways to pay when shopping via mobile, up until now, credit cards haven’t been one of them. In fact, imputing credit card details on tiny mobile screens causes many mobile consumers…

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…

Mobile payments growth gap barely there between millennials and older generations

07/28/201707/26/2017 Jennifer Goula

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 people to use their smartphones for on demand services as well as…