The Spanish fintech has released the results of its study of smartphone transaction trends. Spanish fintech Pecunpay has released a report on its recent mobile payments adoption research, which revealed that Spain is seeing a solid growth rate of acceptance and use. While more people steadily use their smartphones to complete transactions, fewer use cash. The company issued a report titled “Study of mobile payment trends in Spain,” to describe the results of its research. The mobile payments adoption study was conducted as a part of a partnership with visa.…
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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.
Mobile Girl Scout cookie orders through GrubHub app allow contactless delivery
Scouts across the country won’t be selling door-to-door this year due to the pandemic. A new partnership with GrubHub has made it possible for mobile Girl Scout cookie orders in a year during which traditional door-to-door sales are simply not safe. This mobile commerce app makes it possible for the nationwide fundraiser to continue this year. The mobile Girl Scout cookie orders ensure that there is a contactless way for the organization to be able to keep up its popular fundraiser. Usually, scouts are sent door-to-door. With the pandemic continuing…
Read MoreValero partners with P97 Networks for gas station mobile payments
The fuel marketer signed the deal with the network to broaden transaction options. San Antonio, Texas-based Valero has announced a new partnership with P97 networks to provide gas station mobile payments options to its customers. This will make it possible for customers to pay for their purchases using their smartphones. Customers will be able to use the gas station mobile payments options to complete secure transactions for purchasing fuel, car washes, or even certain purchases made in-store. To use this smartphone-based feature, customers will need to use the Valero app.…
Read MoreScanning QR codes were transaction choice of 85 percent of Shanghai Metro riders
Last year, the vast majority of tickets at the city’s Xujiahui Station were purchased through barcodes. Mobile payment has seen substantially better adoption in China than in much of the western world, as scanning QR codes has become the method of choice to pay for many types of purchase. This was reflected in the data from subway riders in Shanghai throughout 2020. This data revealed that 85 percent of subway riders at Xujiahui Station in the Shanghai Metro preferred scanning QR codes to pay for their tickets. This was revealed…
Read MoreByteDance payment service launches in China through Douyin
The TikTok parent company is using this as its next step into fintech and mobile commerce. The company behind TikTok has announced a new ByteDance payment service launched within Douyin, the Chinese version of the popular short video sharing app, which it also owns. The Douyin Pay option can be used to transact purchases within the video sharing application. The ByteDance payment service is in the form of Douyin Pay on the short video app. This makes it possible for creators to more easily sell merchandise or other items related…
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