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  • Visa And The Olympics Get Together To Improve Experience With Mobile Payments

    Visa And The Olympics Get Together To Improve Experience With Mobile Payments


    2018-10-19 [ Industry News ]


    Granted, it’s been a while since the last Summer Olympics. Even the last Winter Olympics took place about eight months ago, so the next Olympics will be a good while in the making. The International Olympic Committee, however, is not sitting on its hands waiting for 2020 and Tokyo. It’s teamed up with Visa and the International Paralympic Committee to help produce some new options for Olympics fans that will help make Olympics-related purchases that much easier to engage in.Such a goal is tailor-made for Visa, who will be turning to its vast array of Innovation Centers, as well as its various ......

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  • Klarna receives $20 million in financing from H&M for

    Klarna receives $20 million in financing from H&M for "all-channel" payment services for physical retail stores


    2018-10-17 [ Industry News ]


     Swedish payment maker Klarna can help online shoppers apply for loans at POS. Recently, the company found another strategic investor: fashion retail giant H&M bought Klarna's $20 million stake. Klarna plans to create an “all-channel” payment service for H&M's physical retail stores – H&M has 4,800 physical stores in more than 70 markets and also has online stores.Klarna said it will establish an “unobstructed” in-store mobile online payment solution across all H&M operations, providing better distribution and return processes, and other more flexible payment optio......

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  • Mastercard and EasyPay Take the Friction out of Bill Payments

    Mastercard and EasyPay Take the Friction out of Bill Payments


    2018-10-09 [ Industry News ]


    South Africans can now buy prepaid utility services or pay their accounts from approximately 600 bill issuers with the new EasyPay Mobile app using Masterpass, the global digital payment service from Mastercard. Announced today at the Mastercard Connecting Tomorrow Forum in Barcelona, this collaboration marks a significant milestone in Mastercard’s strategy to displace cash and reduce friction in consumer payments.EasyPay processes 1.3 million monthly account payment transactions for over 40 traffic authorities, 80 municipalities, and 460 bill issuers including insurance and medical service co......

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  • Are There Just Too Many Mobile Payments Options?

    Are There Just Too Many Mobile Payments Options?


    2018-10-04 [ Industry News ]


    Hoist with his own petard. That’s a quote that’s had classical literature students scratching their heads for years. Leave out the history of the small bomb known as a “petard” and the phrase boils down to “his own efforts wound up hurting him instead.” This is the concept that’s leading some to wonder if mobile payments aren’t actually hurting themselves by offering too many options to keep straight.The concept has some surprising support. Mobile payments, for example, make up less than a whole number percentage of in-store transaction volume in the US. Moreover, the likelihood of customers a......

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  • Bangkok Bank is about to launch QR code payment e-wallet

    Bangkok Bank is about to launch QR code payment e-wallet


    2018-09-26 [ Industry News ]


    Bangkok Bank, the largest bank in Thailand's assets, is expected to launch a cardless QR code technology on an e-wallet platform after the launch of the Bank of Thailand's “Regulatory Sandbox” in October. Make payments in Thailand and overseas. Bangkok Bank is testing the QR code payment function in the central bank's regulatory sandbox, such as credit card and debit card to recharge the e-wallet.Shoke Na Ranong, executive vice president and business unit manager at Bank of Bangkok, said that through the cooperation with the Thai Payment Network (TPN) and China UnionPay, the eWalle......

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