New PayPal in-store mobile payments option to roll out in 2020

PayPal in-store mobile payments - paying with smartphone

Sometime next year, the online payments company is gearing up to launch in-store payments solutions. A new PayPal in-store mobile payments initiative has been revealed by the company’s CEO Dan Schulman. According to Business Insider, Schulman recently said in an interview with Axios that a digital wallet for physical stores that uses near field communications (NFC) and quick response (QR) code technology, could be part of the upcoming PayPal in-store payments solution. PayPal sees new value in the potential of offering such as system. This won’t be the first time…

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Google Pay transit payments made available in major cities with Cubic

Google Pay transit payments - Google Pay on mobile phone

Cubic Transportation Systems partners with Google to make paying for public transport more convenient. Paying for public transportation in some of the world’s major cities may be made more convenient for some mobile payment users with Google Pay transit payments options. This is because fare payment system Cubic Transportation Systems has teamed up with Google to offer contactless payments to riders who want to use their mobile phones to pay for transit. Commuters can purchase tickets or top up their transportation cards from their mobile phone. The addition of Google…

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Cross-border European mobile payment network in the works

European Mobile Payment Initiative - Euros - mobile phone

Seven European payments operators are partnering to create a cross-boarder mobile payments network. The European Mobile Payment System Association initiative has been announced by seven European payments operators that own and operate mobile payments services in Europe. These operators, many of which are owned by banks, are in the process of building a pan-European network that focuses on cross-border mobile-based payment transactions. The move comes as banks and traditional financial services companies battle fintechs and global tech giants. The seven businesses and payments networks involved in the initiative include: •…

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Chase Pay app will no longer be available for making in store purchases

Chase Pay App - JPMorgan Chase Tower Houston

Customers are being informed that the mobile payment option will cease to be supported in stores. JPMorgan Chase & Co. plans to shut down its Chase Pay app, which would make it the bank’s third reversal on digital offering in three months, reports Bloomberg. The company reportedly began informing customers that the mobile payment option would no longer be available for smartphones when customers shop in store. This change is slated to go into effect starting early 2020. The payment method can still be used on website and apps of…

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OTT Pay announces launch of UnionPay QR code payments in Canada

UnionPay QR Code - QR Code payments - OTT Pay - YouTube

OTT Pay’s rollout of the QR code payment service is in partnership with UnionPay International. OTT Pay, the Toronto-based leading payment company in Canada that specializes in helping Canadian merchants navigate the growing Chinese market, has announced the rollout of their UnionPay QR code payment solution to the Canadian market. The launch of this new quick response code payment solution is in partnership with UnionPay International. Businesses in Canada will be able to better take advantage of the growing Chinese consumer market. OTT Pay is a leading FinTech smart payment…

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