Tag

mobile payments

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 a payment method in apps…

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 payments service provider has also…

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…

Mobile wallet spend to rise over 30 percent in 2017

Global spend via mobile wallets is expected to rise by nearly 32% to USD 1.35 trillion, a new study from Juniper Research has found. The study, Mobile Wallets: Service Provider Analysis, Market Opportunities & Forecasts, has found that spend is currently concentrated in the Far East & China, due primarily…