Tag: Mobile Payments

The financial services landscape is experiencing rapid transformations fuelled by customer expectations for speed and convenience. Today's consumers are driving a surge in innovative payment methods, with a myriad of technologies emerging to meet their ever-evolving needs.

Global issuer-processor Paymentology has established a strategic partnership with Mexico-based financial service provider Fondeadora to bring Apple Pay to the country.

The total number of unique contactless mobile payment users will reach one billion for the first time in 2024, according to a report from Juniper Research.

With the pandemic accelerating the shift towards a cashless ecosystem, just 5% of UK businesses only accept cash transactions, according to new research from YouLend and Dojo.

Vietnamese mobile payments app MoMo has reportedly collected $200m in a Series E funding round from global investors.

Australian mobile payments firm Mr Yum has snared £48m from a Series A funding round led by Tiger Global.

The volume of mobile transactions is expected to surge by 93% in the next two years.

Carrier billing business Boku has unveiled a mobile payments network that it claims will reach 5.7bn payment accounts in 90 countries.

Czech Republic-based cashflow management platform Twisto has reportedly collected €16m in new funding.

Everything from rings to smartwatches can be used to make payments these days, but ten companies are spearheading the market's development.