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Mobile Payments Driving Contactless Dominance in Nordics as Cash All but Disappears

Fintech Finance

Card payments dominate the Nordic payment landscape, with 90 percent of shoppers using them for contactless payments either daily or once a week. Cards dominate but mobile payments are rising 76 percent of Nordic consumers use some form of mobile payment in physical sales locations.

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Apple card pushes payment companies to up their mobile game

Payments Source

Payments providers can use this announcement as a chance to evaluate their mobile payment offerings and gain a better understanding of consumers’ evolving expectations in order to better serve their merchants, writes Casey Bullock, general manager of global enterprise e-commerce for North America at Worldpay.

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Mobile Payments On Smartphones Soar In Japan

PYMNTS

Making mobile payments with a smartphone in Japan is more popular than ever, according to eMarketer, a New York-based market research company. It also predicts that by 2023 the number of mobile payment users will rise to nearly 28 million, 25 percent of the population.

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Cash Out: PhonePe On India’s Mobile Payments Adoption

PYMNTS

The November/December Smarter Payments Tracker ® examines how firms are putting payroll apps and prepaid cards to use to resolve frictions for their global workforces. Around The World Of Smarter Payments. The workers can then use these cards to make retail payments in-stores and online, as well as collect cash at the ATM.

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Mobile Payments: CakePay Is Eating the World

FICO

As a payments professional with a sweet tooth, the name is as good as it gets: CakePay , the mobile payment app rolled out by The Cheesecake Factory a few months ago. Payment apps boost operational efficiencies. A second trip to come back to pick it up with your payment card. And it was great.

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Mobile payments driving contactless dominance in Nordics

Neopay

Card payments dominate the Nordic payment landscape , with 90% of shoppers using them for contactless payments either daily or once a week, according to new research conducted on by Nets. 12% of Nordic consumers state that they only pay with their mobile phone, citing no need for a physical wallet at all.

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Visa Takes On M-Pesa In The Battle For Kenyan Mobile Payments

PYMNTS

Competition may be ramping up for M-Pesa in the battle for mobile payments in Kenya. Payments giant Visa is gathering a consortium of Kenyan banks to create a service that is essentially a shot across the bow at M-Pesa. Dubbed mVisa, it allows consumers to access bank accounts in order to make payments.