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.

Asda lets shoppers use their own mobile phone checkout

Sam Lambert
Mobile phone checkout - ASDA grocery store

As grocery stores seek new ways to keep a contact-free experience the chain is skipping cash registers. UK grocery store chain, Asda, has rolled out a new option allowing shoppers to use a mobile phone checkout app and skip the lines at the checkout counters. The supermarket brand’s “scan and go mobile” option is now available in all 581 store locations. Previously, Asda had made the mobile phone checkout option available at about half of its locations. That said, it has now rolled it out across every grocery store. To…

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Alipay mobile wallet launches Wuhan merchant recovery effort

Jesse Collins
Alipay mobile wallet - shops and hotel in China

The top m-payment provider in the world is implementing several local assistance strategies. As Wuhan re-opens after having been the heart of the COVID-19 pandemic, Alipay mobile wallet is moving forward with a number of measures to help local merchants recover. The m-payments giant has 900 million direct customers and is launching new assistance efforts. Alipay mobile wallet is owned and operated by Ant Financial Services Group. It has 900 million direct customers. It recently created a special page on its smartphone app. This page is meant specifically to identify…

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Scam Bitcoin QR code generators stole $45k from unsuspecting users last month

L. Green
Bitcoin QR code generators - Bitcoin and quick response code

In March a total of 7 BTC were swiped from people through fraudulent barcode scans. A total of 7 BTC – the equivalent to about $45,000 – was stolen from unsuspecting people who scanned barcodes from fake bitcoin QR code generators, said one security researcher. Nine fake websites have been identified by the researcher as scam BTC-to-barcode generators. Those websites claim to provide their users with a quick and convenient method for generating barcodes. Bitcoin QR code generators make it simple for people to accept cryptocurrency transactions using a barcode…

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FinTech ANNA Money partners with TrueLayer for instant QR code payments

Jorge Gonzalez
Instant QR Code - mobile quick response code scan

ANNA users will have a new option to use instantaneous quick response codes for mobile payments. ANNA Money users will now have the option to choose the use of instant QR codes to make payments through a new partnership between the FinTech and TrueLayer. Using the quick response codes would eliminate the requirement for terminals and payment cards. ANNA is a provider of financial administration, business accounts and debit cards for customers such as small businesses and freelancers. Using an instant QR code makes it possible to eliminate some of…

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Starbucks is testing the use of Bakkt Cash cryptocurrency as a mobile payments option

Stephanie Beck
Bakkt Cash cryptocurrency - Starbucks Store - Starbucks Employees

The coffee chain is conducting a limited test of the crypto among its many digital transaction options. Starbucks is testing a method for allowing its users to choose Bakkt Cash cryptocurrency to pay for coffee and food through the mobile app. The testing period was announced in a tweet by Adam White, the crypto’s president. The Bakkt Cash cryptocurrency – pronounced as “backed” – is overseen by Intercontinental Exchange (ICE) as a Bitcoin futures exchange. ICE also owns the New York Stock Exchange (NYSE). Earlier this month, the digital currency…

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