Nearly half of US point of sale merchants (44%) are using or have requested information about mobile wallet solutions and 67% of those wanted Apple Pay, an investor note by Piper Jaffray analyst Gene Munster reported by Barron’s reveals... More
PayPal
58% of millennials prefer friends to pay cash
Nearly six in ten US millennials (58%) say cash is their preferred way of paying and being paid by friends, followed by P2P payment apps (26%), cheque (8%) and electronic bank transfer (8%), GOBankingRates reveals... More
Trust in Apple as a mobile wallet brand increases in the UK
Trust in Apple as a mobile wallet provider has increased to 25% among UK consumers, nearing the 27% trust shown for MasterCard, market researcher Marketing Sciences reveals... More
Nearly 1bn to use NFC payments by 2019
A total of 1.09bn people will be making mobile proximity payments globally by 2019, of which 939.10m will be made through NFC, Ovum’s new m-payments forecast reveals. The total transaction value of mobile proximity payments will grow from US$4.77bn to $141.21bn over the same time period. More
PayPal to add NFC payments to Android app
An upcoming version of PayPal’s Android app is to bring with it NFC payments capability, the online payment giant has announced at Mobile World Congress... More
PayPal to add NFC to Android app
PayPal is preparing to introduce NFC support to its Android mobile app at Mobile World Congress next week, according to TechCrunch... More
PayPal adds buy buttons
PayPal has unveiled a new platform that enables merchants and partners to embed buy buttons in emails, social shares, blogs, articles, ads and apps through a set of APIs... More
PayPal partners with Vodafone for NFC payments in Europe
Vodafone Wallet users in Europe will soon be able to make NFC mobile payments at stores, restaurants and other retail locations using their PayPal accounts... More
London cabs get PayPal Here
London commuters will soon be able to pay for black cab fares with an NFC device or a contactless card using PayPal Here, the company’s contactless reader that launched in the UK in August 2015... More
More than 10m consumers sign up for PayPal One Touch
More than 10m consumers have now opted in to PayPal’s One Touch mobile payments solution... More
Facebook Messenger to launch in-app taxi booking and payments
Facebook Messenger users across the US will soon be able to order and pay for an Uber taxi from within the chat app... More
Four in ten US consumers have made a mobile payment
43% of US consumers have used a mobile device such as a smartphone, tablet or smartwatch to make an in-store purchase, up from 36% last year, research from location-based mobile platform Retale shows... More
Apple Pay transactions decline on Black Friday
Only 2.7% of US shoppers with Apple Pay used the service on Black Friday to make a purchase in a store equipped to accept the mobile payment technology — representing a decrease from 4.9% last year, research from InfoScout reveals. Just 2% of Android owners used their device to make a mobile payment for eligible transactions during the day. More
US consumers prefer bank offered mobile wallets
More than half of US consumers (51%) are likely to use a bank offered mobile wallet with the top challenges for mobile wallet adoption being fear of identity theft (68%) and merchant acceptability (33%), research from CCG Catalyst reveals... More
US consumers vote for banks to keep payments safe
An “overwhelming majority” of US consumers (75%) say they most trust banks to keep their payments safe, an American Bankers Association survey has found... More
Aramark and Tapingo take mobile payments to 25 US universities
Foodservice, facilities and clothing provider Aramark has partnered with US mobile commerce app provider Tapingo to enable university students and staff to order food from participating locations and pay directly from their mobile device using their student card, credit card or PayPal... More
PayPal to launch contactless reader in US
PayPal is to introduce its PayPal Here contactless card reader in the US on September 30, following its launch in the UK in August 2015... More
Macy’s adopts PayPal in-store mobile payments
US department store chain Macy’s will enable PayPal as a payment option for in-store, online and mobile purchases by the end of September 2015... More
80% of Brits have used alternative payment methods this year
Eight in ten UK consumers with bank accounts have used an alternative to traditional cash and plastic cards in the last 12 months, research by Gocompare.com has found... More
PayPal launches PayPal.Me
PayPal has launched a P2P payment service in 18 countries that lets consumers request money by sharing a personal PayPal.Me link... More