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.

Apple Wallet can now add PayPal and Venmo Cards

Sam Lambert
Apple Wallet - Magnetic wallet with apple logo on back of phone

PayPal has announced that it is allowing its customers to add its cards to the mobile wallet app. In what is likely a strong reflection of how popular mobile payments have become, PayPal has now announced that it will let its customers add their PayPal or Venmo credit and debit cards to their Apple Wallet. This makes it possible for the mobile payment app users to collect cashback and rewards. Using Apple Wallet, PayPal and Venmo card users will be able to accumulate cashback and rewards when they make purchases.…

Read More

Tech giants play substantial role in mobile payments

Jorge Gonzalez
Mobile payments - POS Terminal paying with phone

A new CFPB report underscores the influence of such players as Apple and Google. The Consumer Financial Protection Bureau (CFPB) has issued a new report underscoring the impact of tech giants, their policies and practices on mobile payments adoption, use, and trends. This is particularly true of technology allowing tap-to-pay functionality on smartphones and watches. The way these companies choose to behave has had a direct impact on access to mobile payments. For instance, Apple currently bans payment apps and banks from being able to access the Apple iOS device…

Read More

Goa, India police use QR code to bust international human trafficking ring

Stephanie Beck
QR Code - Human Trafficking - Goa

The investigators used the quick response codes to be used by clients for payments that were traceable. UPI has gained massive popularity in mobile payments, to the point that it could be used for crime busting by providing QR codes to clients of human trafficking. The massive network was based in Goa, India, but was being operated out of Kenya. The police chose this method of tracking because the QR code/UPI mobile payment is typically completed during an early transaction stage, stopping clients from being able to get out of…

Read More

Visa and FNBO partner to offer customers a better mobile wallet

Sam Lambert
Mobile wallet - Visa Cards

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…

Read More

Philippines, Vietnam and Brunei to create QR code payment strategy

John Montgallo
QR code payment - Philippines, Vietnam and Brunei flags

The arrangement across the ASEAN region is partly intended to reduce dependence on the US dollar. Philippines, Vietnam and Brunei have announced that they intend to join with other significant Southeast Asian economies in a decision to create a cross-border QR code payment system that will encourage the use of their local currencies instead of having to rely on the US dollar when shopping across each others’ borders. Several other countries have launched similar strategies or have agreed to develop them. For instance, Singapore, Thailand, Indonesia and Malaysia have already…

Read More