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.

Mastercard launches ShopOpenings.com to help cardholders find open businesses

Stephanie Beck
ShopOpenings.com - Mastercard credit card

As regions re-emerge from pandemic lockdowns, this tool helps shoppers know what is open. Mastercard has announced the launch of ShopOpenings.com, a regional tool to assist cardholders in knowing which businesses have opened their physical locations following lockdowns. The mobile commerce tool is geared toward consumers residing in regions of the U.S. and Canada. The ShopOpenings.com site was built by Mastercard in partnership with the SixthSense data analytics firm. It works by listing a long list of business types, including everything from pharmacies and grocery stores to restaurants, boutiques, dry…

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WhatsApp mobile payments launching its service in Brazil

Jesse Collins
WhatsApp Mobile Payments - WhatsApp on smartphone

The South American country will be the first to try the new Facebook owned transactions. Facebook is launching its WhatsApp mobile payments service for the first time in Brazil. The country is often the site of initial digital services due to its massive online population. Brazilian users will be able to use this new transaction service to be able to send money securely. The WhatsApp mobile payments will make it possible for a user to send money or buy a product or service from a merchant, all within the chatting…

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PayPal contactless QR code payments feature allows in-person touchless transactions

John Montgallo
Contactless QR code payments - PayPal app

A new in-app feature makes it possible for quick response barcodes to facilitate purchases. PayPal is rolling out contactless QR code payments that use barcode scans to complete transactions for easy buying and selling. This will allow transactions to be completed in person but without making physical contact. The contactless QR code payments will be rolling out in the official PayPal app for safe and secure in-person transactions. It is rolling out in 28 markets around the world. Moreover, for a limited time, PayPal is waiving the transaction fees typically…

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New universal QR code unveiled by HPS and GhIPSS

Stephanie Beck
Universal QR code - Making payment with mobile

The global payment solutions provider has partnered with Ghana Interbank Payment Settlement Systems. HPS, a global payment solutions provider, has launched a new universal QR code payment solution in partnership with Ghana Interbank Payment and Settlement Systems (GhIPSS), a Bank of Ghana Subsidiary. The quick response barcode solution is meant to help consumers make fast and convenient transactions. The launch included the Universal QR code and Proxy Pay platforms in a move the country is taking to reach a state of cashless society. It is was created to allow shoppers…

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AARP issues raised mobile payment fraud risk warning

Jorge Gonzalez
Largest offshore wind farm - wind turbines in water

The organization is cautioning consumers to take care when using apps to send money. AARP has issued a warning cautioning consumers about an increase in mobile payment fraud risk. It has warned individuals to take care when using peer-to-peer (P2P) payment apps which are rapidly rising in popularity during the pandemic. The apps can be safely used but can also present notable security risks and challenges recovering money. The concern is that not all of these apps are as secure as they should be. Moreover, even when opting for some…

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