What's New in Payments

Hong Kong links QR codes to faster payments to boost mobile wallet adoption

The launch of Faster Payment System (FPS) — Hong Kong Monetary Authority — “The FPS is a unique platform as it supports instant payments in the HKD and the RMB with the use of mobile phone numbers, email addresses or QR codes… A free mobile application tool, namely ‘Hong Kong Common QR Code’ (HKQR), is released today, which can be used for converting multiple QR codes from different payment service providers into a single, combined QR code. This would facilitate merchants, especially small and medium enterprises, in using a single QR code to accept different payment schemes, instead of displaying multiple QR codes to their customers.”


What's New in Payments

Microsoft to add payments to Outlook

Conversations become actions in Outlook — Microsoft — “We will soon be introducing payments in Outlook to help users to pay bills or invoices, right in email, without needing to switch to another app or service. Powered by Microsoft Pay, payments in Outlook is a fast and secure way to pay from within email. To start, it will be supported by a number of payment processors including Stripe and Braintree, billing services including Zuora, and invoicing services including FreshBooks, Intuit, Invoice2Go, Sage, Wave, and Xero.”



What's New in Payments

Starbucks to add gift cards to iMessage as Mobile Order & Pay grows

Users can send each other Starbucks gift cards in Apple's messaging app

Starbucks customers across the US will soon be able to purchase gift cards using Apple Pay and send them to friends and family within Apple’s iMessage platform. The move comes as the coffee giant reveals it now has approximately nine million mobile paying customers with one in three using Mobile Order & Pay, which accounted for 8% of all transactions made across US stores last month. More















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