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Mobile payment market to be worth $4.57trn by 2023
The ubiquity of smartphones and internet access is expected to push the value of the mobile payment market to be worth $4.57trn by 2023, according to new research.
Zimbabwe bans mobile payments over accusations of “economic sabotage”
Digital payments and trading on the stock exchange has been suspended in Zimbabwe in response to what President Emmerson Mnangagwa’s government called “criminality and economic sabotage," Reuters reported.
Global Payments & Remittances investment declines in Q1 2020 in the...
Payments & Remittances deal activity is on track to record its worst year since 2015 as investment slowed down in the first three months...
Safaricom, Vodacom acquire African payments company M-PESA in joint venture
Kenyan mobile network Safaricom and Vodacom, the South African division of Vodafone, have acquired phone-based money transfer service M-PESA.
India-based Juspay collects $21.6m in its Series B
Juspay has collected $21.6m in its Series B round, which was led by Bermuda-based venture capital firm Vostok Emerging Finance.
Tokenised mobile payments to be worth $40bn by 2024
Revenues from tokenised mobile payments will exceed $40bn by 2024, with e-commerce being the major driver, according to a new study from Juniper Research.
Lydia nets €40m as it prepares for European growth
Mobile payments company Lydia has scored €40m in its Series B round which was led by Tencent.
KogoPAY completes crowdfunding campaign
Mobile payment startup KogoPAY has completed its crowdfunding campaign, pulling in £205,400.
Here’s why Americans aren’t paying with their smartphones as much as...
Americans are not using their smartphones to pay for stuff as much as other nations, according to Bain, the management consultancy.
Mobile payments app Pingit said to launch online store
Mobile payments application Pingit has reportedly launched an online store enabling consumers an easy way of buying payment accessories.