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…
Read MoreCategory: 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.
Apple sued over mobile payments market competition abuse allegations
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…
Read MoreGoogle wants its mobile wallet to be usable as bus fare
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…
Read MoreMobile payments in supermarkets shockingly most common from this generation
Though it would be easy to assume Millennials would be the heaviest users, they’re surprisingly not. It’s easy to think of the most common users of digital commerce and transaction tools as being from the Millennial generation, but when it comes to grocery shopping, Generation X has taken the lead in using mobile payments. When shopping in supermarkets for the food they’ll prepare, Gen X often uses phones to pay. In the United States, over 9 percent of Gen Xers are using mobile payments and commerce to purchase their groceries…
Read MoreQR code payment tests in Singapore make transactions easier for merchants
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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