Mobile payments

Global EMV POS Terminals Market 2021-2025: Increasing Penetration of Contactless Payments, Large Potential End-user Base, and Increased e-CommerceTransactions - ResearchAndMarkets.com

Retrieved on: 
Tuesday, July 6, 2021

The market is driven by the increasing penetration of contactless payments, large potential end-user base, and increased e-commerce transactions.

Key Points: 
  • The market is driven by the increasing penetration of contactless payments, large potential end-user base, and increased e-commerce transactions.
  • The report on EMV POS terminals market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
  • The report offers an up-to-date analysis regarding the current global market scenario, latest trends and drivers, and the overall market environment.
  • The EMV POS terminals market analysis includes end-user segment and geographical landscapes.

Wish Granted Payment Institution License for the EU

Retrieved on: 
Tuesday, July 6, 2021

ContextLogic B.V. (CLBV), a Dutch subsidiary of ContextLogic Inc. (d/b/a/ Wish) (NASDAQ: WISH), today announced it has been granted a Payment Services License by the Dutch Central Bank (De Nederlandsche Bank N.V., DNB).

Key Points: 
  • ContextLogic B.V. (CLBV), a Dutch subsidiary of ContextLogic Inc. (d/b/a/ Wish) (NASDAQ: WISH), today announced it has been granted a Payment Services License by the Dutch Central Bank (De Nederlandsche Bank N.V., DNB).
  • The new Payment Services License will enable Wish to process transactions and increase control over the payments value chain in a compliant manner, while also reducing reliance on third parties.
  • Wish will initially utilize the license to pay its EU merchants directly and will explore other payment services in the future.
  • In view of such implementation, CLBV applied for a license to act as a payment institution.

ParkMobile Announces Partnership with The Car Park Offering Contactless Parking Payments in Raleigh, Asheville, and Boone, NC

Retrieved on: 
Thursday, July 1, 2021

As part of this deal, ParkMobile will provide contactless payments in the Raleigh, Asheville, and Boone areas of North Carolina.

Key Points: 
  • As part of this deal, ParkMobile will provide contactless payments in the Raleigh, Asheville, and Boone areas of North Carolina.
  • The Car Park and ParkMobile have previously partnered to provide contactless payments for other locations throughout the United States in Tampa, Boise, Estes Park, Wichita, and Chapel Hill.
  • ParkMobile plans to expand to more The Car Park locations in the coming months, simplifying the process of paying for parking.
  • "The Car Park is thrilled to add ParkMobile to more of our locations across the US," says Jeff Wolfe, CEO, The Car Park.

PayPal Commits Over $100 Million to Advance Financial Inclusion and Economic Empowerment of Women and Girls

Retrieved on: 
Wednesday, June 30, 2021

SAN JOSE, Calif., June 30, 2021 /PRNewswire/ -- PayPal Holdings, Inc. (NASDAQ: PYPL) today announced a more than $100 million commitment to advance financial inclusion and economic empowerment for women and girls around the world over the next five years.

Key Points: 
  • SAN JOSE, Calif., June 30, 2021 /PRNewswire/ -- PayPal Holdings, Inc. (NASDAQ: PYPL) today announced a more than $100 million commitment to advance financial inclusion and economic empowerment for women and girls around the world over the next five years.
  • "Improving the financial health of women is essential to building prosperous and resilient communities.
  • PayPal will invest $7 million in partnerships to increase access to microloans for women entrepreneurs around the world.
  • Last year, PayPal pledged $535 million to address economic inequality among Black and underserved businesses and communities in the United States.

PayPal Brings PayPal Zettle to the U.S. -- Its Digital In-Person and Omnichannel Solution

Retrieved on: 
Wednesday, June 30, 2021

PayPal Zettle will also enable businesses to leverage PayPal's suite of payment and commerce solutionsfrom invoicing to PayPal's Business Debit Mastercard.

Key Points: 
  • PayPal Zettle will also enable businesses to leverage PayPal's suite of payment and commerce solutionsfrom invoicing to PayPal's Business Debit Mastercard.
  • PayPal Zettle also offersinteroperability throughPayPal's vast partner network, so businesses can easily link their PayPal Zettle accounts with their preferred ecommerce, accounting and point-of-sale partners.
  • "We believe in the power of small businesses, and we willleverage PayPal Zettle to better serve in-personbusinesses and enable them to go digitalseamlessly."
  • Best of all, our customers and employees love PayPal Zettle because it's so fast and easy to use."

Fibank Provides Its Mastercard Cardholders with the Option to Make Payments Using Their Fitbit Smartwatches

Retrieved on: 
Tuesday, June 29, 2021

Fibank (First Investment Bank) continues to expand the options for its customers to make contactless payments at any time and through various means.

Key Points: 
  • Fibank (First Investment Bank) continues to expand the options for its customers to make contactless payments at any time and through various means.
  • Fitbit Pay is currently available on Fitbit Sense , Fitbit Versa family of smartwatches, Fitbit Ionic, Fitbit Charge 4 and Fitbit Charge 3 Special Edition.
  • By following simple steps in the Fitbit app on Android or iOS, users can quickly add their Mastercard cards issued by Fibank to their Fitbit Wallet.
  • With this partnership Fibank becomes the only bank in the country to offer its customers the full range of mobile payments: ApplePay, GPay, GarminPay and Fitbit.

Fibank Provides Its Mastercard Cardholders with the Option to Make Payments Using Their Fitbit Smartwatches

Retrieved on: 
Tuesday, June 29, 2021

Fibank (First Investment Bank) continues to expand the options for its customers to make contactless payments at any time and through various means.

Key Points: 
  • Fibank (First Investment Bank) continues to expand the options for its customers to make contactless payments at any time and through various means.
  • Fitbit Pay is currently available on Fitbit Sense , Fitbit Versa family of smartwatches, Fitbit Ionic, Fitbit Charge 4 and Fitbit Charge 3 Special Edition.
  • By following simple steps in the Fitbit app on Android or iOS, users can quickly add their Mastercard cards issued by Fibank to their Fitbit Wallet.
  • With this partnership Fibank becomes the only bank in the country to offer its customers the full range of mobile payments: ApplePay, GPay, GarminPay and Fitbit.

VCOIN Launches a Debit Card with Uphold Enabling IMVU Users to Earn In-Game and Spend in Real Life

Retrieved on: 
Tuesday, June 29, 2021

This new offering expands VCOINs utility for holders and makes it even easier for earners of VCOIN to spend its value in real life.

Key Points: 
  • This new offering expands VCOINs utility for holders and makes it even easier for earners of VCOIN to spend its value in real life.
  • To sign up for the Uphold debit card, users must have or create an Uphold account and then download the Uphold Card app .
  • Were pleased to partner on this debit card so more users can spend their VCOIN at their favorite stores.
  • VCOIN enables users to buy, earn, hold and exit to real value, giving users control over their earnings.

ISG to Publish Studies on Digital Banking Services and Platforms

Retrieved on: 
Monday, June 28, 2021

Information Services Group ( ISG ) (Nasdaq: III ), a leading global technology research and advisory firm, has launched two research studies examining providers of digital banking services and digital banking platforms as the COVID-19 pandemic forces financial institutions to embrace new ways of doing business.

Key Points: 
  • Information Services Group ( ISG ) (Nasdaq: III ), a leading global technology research and advisory firm, has launched two research studies examining providers of digital banking services and digital banking platforms as the COVID-19 pandemic forces financial institutions to embrace new ways of doing business.
  • The study results will be published in two comprehensive ISG Provider Lens reports, called Digital Banking Services and Digital Banking Technology & Platforms, scheduled to be released in November.
  • The report on digital banking services will cover such offerings as digital modernization, governance, risk and compliance services and payment processing, while the platform report will evaluate a variety of platform-based solutions, from core banking to digital engagement.
  • A list of identified providers and vendors and further details on the study are available in these brochures: Digital Banking Services and Digital Banking Technology & Platforms .

Bill Payment Study: Innovation is Changing Consumers' Bill Pay Expectations

Retrieved on: 
Monday, June 28, 2021

30% say it would be easier to pay bills on time if they had mobile payment options, such as PayPal or Apple Pay.

Key Points: 
  • 30% say it would be easier to pay bills on time if they had mobile payment options, such as PayPal or Apple Pay.
  • "Payment innovation in the ecommerce space has upped the ante for bill pay.
  • "Too many consumers are struggling with the cumbersome bill pay experience and it's stressing them out.
  • "There is great opportunity and urgency for businesses to step up and improve the payment experience for their customers with modern bill payment options."