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TerraPay Supports the GSMA’s Effort to Promote Standardised Mobile Money APIs

TerraPay, a mobile-first international payment network, today announced that it has been working with the GSMA to ensure TerraPay compatibility with the recently rolled out standardized mobile money APIs. TerraPay will provide support by providing a staging environment for the new GSMA Mobile Money API Developer portal that will enable the wider technical community to learn how to use its APIs….

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Global Payments Launches EdgeExpress Cloud, a New Platform Allowing Developers to Integrate Advanced Payment Solutions

Global Payments Inc. (NYSE: GPN), a leading worldwide provider of payment technology services, is pleased to announce that OpenEdge, its integrated payments division, has launched EdgeExpress Cloud. This new platform is designed to streamline payments integration with SaaS, Deployed, Mobile and eCommerce software applications. Among the simplest payment integration platforms on the market and available exclusively to Global Payments software…

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You can now send and receive money in Gmail on Android

In the never-ending quest to offer convenient ways for your friends to pay you back (or vice versa) Google is today rolling out an update to the Gmail app on Android that lets you send and receive payments as attachments. Just like sending a photo or PDF, users in the US can now tack on money in an email sent…

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Sweden becomes first Nordic country to get Samsung Pay

Samsung Pay has launched in beta across Sweden, the first Nordic country to see the mobile payment service rolled out, with support from debit and credit card providers Mastercard, Mastercard SAS, Visa, Eurocard, and banks Nordea and SEB. Other supporting financial institutions joining “shortly” include Handelsbanken, ICA Banken, Re:member, Swedbank and Ticket Rikskuponger. The beta version is the “first version”…

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Vodafone Germany brings Visa, PayPal to mobile wallet

Customers can now use their PayPal account and their VISA credit card with their NFC smartphone for secure and convenient payment at the gas station, in the restaurant or in the supermarket… Customers can use their existing PayPal accounts and Visa credit cards to make contactless payments using their NFC smartphone. Alternatively, customers can sign up with PayPal directly via…

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Can a mobile phone replace the wallet?

The global trade body Mobile Ecosystem Forum’s annual Mobile Money Report supported by Wirecard, and published by Internet Retailing, suggest mobile phone could replace the wallet. On a survey with 6,000 consumers  in nine countries about their attitudes towards mobile payments, 18% of shoppers said they have used their phones to pay in a shop. The 18% figure reflects a…

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Visa Technology Extends Mobile Payments Into 12 European Countries By End Of 2017

Visa Token Service, which enables secure and convenient mobile payments, is live in five European markets, with seven more in the pipeline European consumers currently spending an average of €9 in face-to-face More than 1.2 million European merchants offer contactless point-of-sale, driving uptake in mobile payments At the launch of its new Innovation Center in London today, Visa Inc. (NYSE:…

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Vodafone marks 10 years of the world’s leading mobile money service, M-Pesa

As Vodafone marks the 10th anniversary of M-Pesa, the world’s leading mobile money service, it was revealed that a record 614 million M-Pesa transactions were processed during December 2016. Vodafone now offers M-Pesa services in 10 countries: Albania, the Democratic Republic of Congo, Egypt, Ghana, India, Kenya, Lesotho, Mozambique, Romania and Tanzania. As of the end of December 2016, M-Pesa…

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The keys to Chinese leadership in mobile payments

Due to a series of particularities, the Chinese market has risen as the role model in mobile payments adoption. Western economies have a lot to learn about a market that is valued at over $2.3 trillion. The U.S. might be setting the pace of the digital revolution, but in the field of mobile payments, from an economic, technological and social…

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PayPal very sneakily increases its charges and adds weird non-discouragement clause for sellers

Nobody likes to share bad news, and PayPal is no different. Price increases certainly fall into the category of bad news, and PayPal has decided to publish the details as “Policy Updates”. But it’s not just the price hike that’s included in this misleadingly-titled document — there’s also something rather weird. If you are a seller — such as on…

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