PayPal is looking to mobile payments to continue its revenue growth

paypal venmo mobile payments

The online transaction company was able to experience a massive spike in revenue in the last quarter of 2015. During the last quarter of last year, PayPal was able to create an increase in its revenues by 21 percent, bringing them to $2.6 billion, much of which was generated by the adoption of mobile payments in a number of different forms. Revenues are also believed to have been boosted at PayPal through its acquisition of Xoom, the remittance firm. The acquisition closed during the fourth quarter and PayPal has said…

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QR codes make foundation of new Brazilian payment solution

Brazil mobile payments qr codes

Kiik and Stone will be working together to offer this mobile payments service with quick response codes. A new partnership between Kiik and Stone has been launched to draw the use of a new mobile payments solution based on QR codes, with the goal of reaching mover one thousand participating merchants before the close of 2015. The companies then want to stretch the use of the service to over 20,000 retailers by their first anniversary. Merchants being pursued for the use of this mobile payments solution are from virtually every…

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Mobile payments smartphone application unveiled by PDS

Mobile payments platform

Payment Data Systems Inc. has now launched its dynamic iRemotePay app at the App Store. Payment Data Systems Inc. (PDS) is an integrated electronic and mobile payments solutions provider, which has just announced its most recent release, that consists of the iRemotePay application, which is now available to Apple device users at the App Store. The application was developed specifically for iPhone users but is also compatible with iPads and iPod Touch. When the app is combined with a compatible card reader device through the Apple mobile device, it gives…

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