Tag: smartphone payments

QR code transactions grew by 400 percent this year, says MobiKwik

Sam Lambert
wallet qr code transactions mobile payments

The quick response code usage growth rate is credited to the ease of barcode deployment and scanning. MobiKwik, a large mobile wallet provider in India, has announced that QR code transactions have grown by 400 percent throughout 2017, so far. The company credits the simplicity of quick response code deployment and use for the rapid growth rate. The mobile wallet company has launched its services throughout India based on QR codes. “QR codes will drive digital payments in India and major use cases such as milk, grocery and small mom…

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American mobile payments infrastructure half a decade behind India’s

Jesse Collins
mobile payments infrastructure adoption trends

Ezetap CEO, Bobby Bose, recently stated that the Indian systems are “five years ahead of the U.S.” The American mobile payments infrastructure is far from a global leading marketplace, according to recent Ezetap CEO statements. The head of the Indian mobile payment firm, Bobby Bose, said that his home country’s infrastructure “is probably five years ahead of the U.S.” India is undergoing a massive shift toward the digital marketplace and most consumers are choosing mobile. “India is going through a digitalization of almost everything. It started with commerce, went to…

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Mobile payments use is mainly for transportation and restaurant bills

Jennifer Goula
mobile payments use

A new survey shows that there are some very specific reasons for which smartphone wallets are used. A new Market Intelligence and Consulting Institute under the Institute for Information Industry study provided insight on mobile payments use. It showed that consumers are using mobile wallets most frequently for paying for their meals at restaurants and for buying fare on transportation services. The mobile payments survey showed 76.4 percent of consumers who used the tech did so to pay at a restaurant. Another 33.2 percent of mobile payment use was for…

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Apple mobile payments is finally taking off and making a difference

John Montgallo
Apple mobile payments - Apple Pay

Some firms are speculating that the acceptance of this tech could permanently change the face of retail. Apple mobile payments have been struggling to take off and have not met the performance expectations of many people in the commerce and tech industries alike. That said, it does appear as though Apple Pay is finally taking hold and now that it has, it’s rapidly gaining strength. Mobile wallets were only a concept only a few years ago, and many wondered what Apple would contribute. As the iPhone maker aimed to diversify…

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Mobile wallet launch relaunched as Vodafone pushes ahead in India

Jennifer Goula
Vodafone telecommunication mobile wallet launch

The firm’s M-Pesa Pay has been released, providing a refreshed version of their previous offerings. Vodafone India has now announced its new and upgraded mobile wallet launch called Vodafone M-Pesa Pay. This is meant to provide merchants with a new range of options tailored to their needs. This move has been designed to lay a foundation for the firms upcoming m-payments bank venture. Merchants can log into this mobile wallet so that they will be able to access “collecting” money from customers. This merchant experience in this mobile wallet launch…

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