Payments

Mobile Commerce Growth in US, in Numbers

The value of commerce transactions conducted via mobile handsets/tablets will exceed US $120 billion by 2017 with 150 million users. Mobile commerce growth in the U.S. is driven by the increasing convenience, value, & security available to consumers via smart devices. Retailers are developing efficient mobile websites/apps and even delivering...

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Enabling Technologies

Don’t Give Up on Google Wallet Just Yet; Wait for the Google I/O Conference

Google is revamping its payments strategy in preparation for positioning its  refurbished Google Wallet head-to-head against competitors like Apple Pay. As reported by Wall Street Journal, Google is planning to bring mobile carriers into the picture. For mobile payment systems like Apple Pay, mobile carriers don’t have  much incentive to  feature...

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Payments

Now you can Pay Federal Agencies using PayPal or Dwolla

We have summarized this news for you: The U.S. Department of the Treasury’s Bureau of the Fiscal Service is now offering both PayPal and Dwolla as payment options for Pay.gov, the government's secure web based collection portal for making payments to federal agencies. The financial transactions between the public and the...

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Payments

Mint Partners with Miura to Deliver mPOS Solutions in Multiple Countries

We have summarized this news for you: Mint Payments Limited and Miura Systems have announced a strategic distribution partnership that will deliver advanced, mobile point of sale (mPOS) solutions to Australia, New Zealand, and the Asia Pacific region. The Mint/Miura solution will provide businesses with a wide range of payment...

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Blockchain

Airbitz brings Mobile Bitcoin Payments to Android, Powered by BLE

We have summarized this news for you: Bitcoin Wallet developers, Airbitz, announced that their software now supports Bluetooth Low Energy (BLE) for Android. This feature already exists on its iOS version. Airbitz wishes to eradicate the use of QR codes for Bitcoin payments, which can be difficult for phone cameras...

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Payments

Visa and Mastercard Help Russia to Localize Payments

The Visa International payment system will process domestic payments through Russia’s recently spawned National Payment System. Visa and Mastercard hold 90% of the Russian market, causing Russia to take a hit when the companies’ services were suspended due to U.S. sanctions. Mastercard signed a similar agreement in January and began...

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Blockchain

New Digital Currency, Stellar, Aims for Financial Inclusion for Girls in South Africa

We have summarized this news for you:  Stellar is inspired by the crypto-currency, Bitcoin, but is designed as an intermediary between conventional currencies or assets Targeted towards girls in South Africa to educate them on financial decisions as part of their existing social networking experience, with rewards in form of airtime minutes...

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