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February 27, 2018
On the web
Airfox’s mobile wallet aims to replace banks in emerging countries
Endgadget
“The app is geared toward “unbanked” users in emerging markets who may not have a credit history, due to lack of resources or because they’re generally not fans of banks. Part of how Airfox plans to succeed is by adopting services that are already offered in certain countries. Like in Brazil, for example, which is the first place the app’s launching. There, users can put money in the app through a “Boleto,” a popular paper-based payment method that can be loaded by depositing cash in ATMs.”
February 20, 2018
Top Post
Google begins replacing Android Pay and Google Wallet with new app
“Google Pay — Google’s new unified payments service, which combines Google Wallet and Android Pay — is finally rolling out today with a new app for Android devices. The app is sorted into two halves: a “Home” tab, which shows recent payment activity, nearby local offers and stores, and other information using Google’s card-style interface, and a “Cards” tab, which is where all your individual credit, debit, reward, and gift cards live.”
February 13, 2018
On the web
WhatsApp adds heft to India’s mobile-money crowd
Nasdaq
“Facebook is sending a message about money in India. The company led by Mark Zuckerberg has started rolling out a payments service there using its WhatsApp chat platform. The app’s huge popularity in the country may give it a leg up over other players.”
January 30, 2018
Top Post
Apple Pay accepted at 1 out of 2 U.S. stores, says Apple VP Jennifer Bailey
Apple Insider
“Led by iPhone, mobile is doing more to revolutionize e-commerce than any other platform, Bailey said. Purchases made on smartphones and tablets account for 25 percent of e-commerce transactions in the U.S. The rate of growth for mobile transactions is four times that of desktop, and 10 times that of traditional brick and mortar retail. “
January 25, 2018
On the web
Mobile wallet providers join forces for unified QR payments in Singapore
Finextra
“Seven mobile wallets, acquirers and payment networks, including Diners Club, EZi Wallet, EZ-Link, Liquid Pay, Mastercard, UnionPay International and Wirecard, have formed a consortium to help push the adoption of a single QR code-based payment scheme in Singapore.”
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