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How Adopting Mobile Payments Can Help Your Business Grow in 2024

Stax

Fast forward to now where much has changed, and research anticipates contactless mobile payments to exceed one billion users globally by 2024. Customers can pay with their watch or phone just by tapping it on a card reader, and businesses can host an entire POS system on a mobile phone.

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Jabil Teams with Fintech Leader Revolut to Scale Development and Production of Innovative Mobile Payment mPOS Solution

Fintech Finance

(NYSE: JBL) today announced ongoing innovation between its payment solutions business unit and Revolut , a digital banking pioneer and global financial super app provider, to support the neobank’s rapid growth trajectory and global expansion in merchant acquiring.

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This SoftBank Group-Backed Nigerian Mobile Payments Service Provider Raised $400M To Expand Into New Markets

CB Insights

Additionally, it processes almost 80% of all mobile money operator-based transactions and 20% of all nonmerchant point of sales (POS) transactions in Nigeria. The post This SoftBank Group-Backed Nigerian Mobile Payments Service Provider Raised $400M To Expand Into New Markets appeared first on CB Insights Research.

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Beam Links Blockchain, Retail Mobile Payments

PYMNTS

Global tech startup Beam Wallet is ready to launch a new mobile payment solution, which will link smartphones and blockchain technology to enable faster and simpler retail payments. In China, 90 percent of consumers use WeChat as payment for offline purchases. “In

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UnionPay International Expands European Network, Making Summer Travel on the Continent More Convenient for UnionPay Cardholders

Fintech Finance

This summer, countries such as Japan, South Korea, Australia, and those in Southeast Asia, have launched local UnionPay card products to facilitate convenient payments for European travel. Embracing the digital transformation in the payment industry, UnionPay offers mobile payment services globally.

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Hackers' New Appetite for Point of Sale Vendors Imperils Mobile

Payments Source

Recent attacks on point-of-sale (POS) vendors, however, may signal a drastic shift in how these cybercriminals operate, and certainly signal a need for application security for mobile payments. In the past, hackers have most often gone after specific merchants when seeking cardholder information.

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Vietnam’s Digital Finance Landscape: Banks Gain Ground Amidst Shifting Competition

Fintech News

Apple Pay is a mobile payment service that allows users to make payments in person, in iOS apps and on the web. It digitizes and can replace a credit or debit card chip and PIN transaction at a contactless-capable point-of-sale (POS) terminal. of adults having a bank account.

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