Tag

mobile payments

Alipay rolls out in 242 Starbucks across Malaysia

Alipay has announced is now available for Mainland Chinese tourists at all 242 Starbucks branches across Malaysia.   Chinese tourists can find a nearest Starbucks through the in-app Discovery platform, and pay for their drinks in RMB via Alipay.   Starting from August 18 to October 31, a Chinese tourist using Alipay in Starbucks can enjoy…

PayPal and Skype team up for mobile payments

PayPal has announced a new deal with Skype that will allow users in 22 countries worldwide to send money to other Skype users through an updated version of the Skype mobile app.   This extends PayPal’s potential reach by a sizable amount – the Skype app has been downloaded over a billion times to date, and has approximately…

Samsung Pay to arrive on PayPal accounts soon

Samsung Pay has announced that users will be able to use PayPal in-app, in-store and online.   Users can add their PayPal accounts to Samsung Pay and use their PayPal wallet anywhere Samsung Pay is accepted. And because it uses proprietary MST (Magnetic Secure Transmission) technology, which allows you to use Samsung Pay at terminals…

Visa goes into mobile payments via QR Codes

Visa has launched a new payment system, called mVisa, which enables mobile payments between merchants and customers.   The system is based primarily on QR codes, but it also works with numerical codes for future phones. When making a purchase with mVisa, a consumer uses a smartphone to scan a QR code, which triggers a transfer…

Tencent opens its credit rating system

Tencent has opened its credit scoring system to limited group users on QQ, WeChat’s older sibling.   This marks a big step forward for Tencent:  not only does this fill in a glaring gap in their product lineup, it also puts them in direct competition with Alibaba’s Sesame Credit.   According to previous screenshots from early…

Starling Bank introduces Apple Pay

The UK-based mobile-only Starling Bank has announced the integration of Apple Pay for its customers.   The bank thus becomes the first bank in the UK to offer ‘in-app provisioning’, meaning that new customers will be able to load their card into their digital wallet with a single tap.   When using a credit…

Samsung, PayPal to consolidate mobile and online payments

Samsung has announced a partnership with PayPal to allow Samsung Pay users to make in-app, online and in-store payments with the US payment platform.   The service will be available in the US first and will be expanded to other countries in the near future.   Moreover, Samsung Pay will be accepted as…

Apple adds PayPal as payment option

Apple has announced that it will enable PayPal payments in its digital stores, including iTunes, iBooks, Apple Music and the App Store.   The deal struck on 11 July 2017 will enable Apple customers in US, UK, Canada, Mexico, Australia and parts of Europe to choose PayPal as a payment option. The US-based…

Majority of Apple Pay tills in the UK accept limitless payments

The majority of UK tills have lifted the GBP 30 limit for mobile payments made with Apple Pay.   Hundreds of thousands of terminals have been upgraded to supported limitless contactless payments for Apple Pay, allowing customers to make payments of any value.   Most terminals that support contactless payments…

PayPal processes USD 31 bln in mobile transactions in Q4 2016

PayPal processed a total of USD 31 billion in mobile payment volume in the fourth quarter of 2016, according to the company’s latest financial report. This figure represents an increase of 53% over the same period in 2015. Mobile payments represented 31% of the company’s USD 99 billion in payment…