Court lets individuals scan QR codes to pay their fines

scan qr codes judge court

The court in Jiangsu, China is using quick response codes to collect from people who have been avoiding payment. A court in the eastern province of Jiangsu, China has made it possible for people to scan QR codes to pay their fines. The strategy is meant to make it easier for individuals to pay by way of their smartphones. The court sees this strategy as an effective way to collect on fines due from those reluctant to pay. All people need to do to pay their outstanding fines and dues…

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Mobile payments popularity will be greater than credit cards in two years

Starbucks mobile payments popularity

A new U.N. report underscored the skyrocketing growth of PayPal, Alipay and other blockchain based transaction systems. A United Nations report indicates that by 2019 mobile payments popularity will “overtake credit cards” in terms of online shopping use. The report pointed to blockchain using systems as primary drivers for the popularity of mobile transactions. The United Nations body released a report saying that digital currency systems of payment will see greater use in e-commerce than debit and credit cards by 2019. The mobile payments popularity report was released by a…

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Skype mobile app offers PayPal payments in latest update

skype mobile app paypal payments

The digital wallet’s partnerships are continuing to pile up with the messenger/voice application joining the mix. PayPal has announced that it has entered into yet another partnership as Skype mobile app users will be able to send money to recipients in 22 countries worldwide. The latest version of the Skype application makes it possible for users to send money to other users via PayPal. This represents a significant boost in PayPal’s reach as Skype’s app currently boasts over one million downloads. Beyond basic downloads, the Skype mobile app also has…

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Starbucks mobile payments now account for 30 percent of the coffee chain’s transactions

starbucks mobile payments app

The Seattle based quick service café recently reported posting $5.7 billion in third quarter revenue. Starbucks mobile payments are continuing their steady trend toward increasing usage, according to the coffee chain’s most recent quarterly earnings report. The third quarter earnings at Starbucks were reported to be $5.66 billion, representing an 8 percent increase. That said, despite the healthy rise over the same quarter last year, Starbucks missed its predicted target of $5.76 billion. The company’s non-GAAP earnings were $0.55 per share, which managed to meet expectations. That said, there was…

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Mobile payments growth gap barely there between millennials and older generations

visa mobile payments growth

Visa has been taking aim at Singapore for the creation of a cashless society, with surprising findings. Visa’s effort to turn Singapore into a cashless society has centered heavily around promoting mobile payments growth. The credit card giant recently released its Consumer Payment Attitudes Survey 2016, revealing some unexpected data. It came as little shock that Singaporeans are embracing mobile payment transactions for many purchases. Singapore mobile payments growth has been greatly driven by the willingness of the people to use their smartphones for on demand services as well as…

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