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Mobile Payment

Consumers and Mobile Financial Services Reports – 2016

Mobile phones have increasingly become tools that consumers use for banking, payments, budgeting, and shopping. Given the rapid pace of change in the area of mobile finance, the Federal Reserve Board began conducting annual surveys of consumers’ use of mobile financial services in 2011. The series examines trends in the …

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How to Money Transfer in Mobile Banking Without Internet Connection

Cashless after demonetization but finding it difficult to pay digitally due to poor or no internet connectivity? USSD technology is the solution for you. Here’s what it is and how you can use it. However, this payment method can be used only for small value transactions up to Rs 5000 …

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Disabled Friendly Mobile Banking

According to WHO and World Bank, about 15.3 percent of the world’s population or one billion persons live with some form of disability. Persons with disabilities tend to be acutely vulnerable to exclusion. Yes! 1 billion in number around the world are a significant percentage of the world’s population. Unfortunately, …

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Europe will use only the payee’s mobile phone number for money transfer

Europe will introduce peer-to-peer mobile payments using a mobile phone number by the end of the year 2017, according to the European Central Bank. The ECB has unveiled plans to launch a standardised service across countries using the Euro allowing the mobile number of a payee to act as proxy …

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Mobile World Congress 2017

Mobile World Congress will be held 27 February – 2 March 2017 at Fira Gran Via in Barcelona, with events also taking place at Fira Montjuïc. “We have a great event lined up for February – I’m particularly excited about the conference, where we’ll see several keynote speakers make their …

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What is Facebook Messenger Payments and why is it important?

Facebook had bigger plans for Messenger, including voice calls, chat bots, chess games and — who knew? — mobile payments. It’s true: You can use the Facebook Messenger app to send and receive money, PayPal-style. Messenger payments require a debit card on both ends of the transaction. But there’s no …

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Apple Pay participating banks in Europe

Starting July 2015,  bank customers can use their eligible debit or credit card with Apple Pay to make purchases at over 400,000 contactless terminals in stores across the UK. Nowadays, Apple Pay works with many of the major credit and debit cards from the top banks of Europe.   You …

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Apple Pay helps banks sell mortgages and deposits

Apple Pay is now officially available in New Zealand, continuing a series of international rollouts that have spanned 2016. In New Zealand Apple’s payment platform is only accessible through ANZ Bank. Customers can add Visa credit and debit cards through the iOS Wallet app, which may trigger a verification process …

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