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A leading payments industry news source for more than 17 years. Glenbrook curates the news and keeps you abreast of the important daily headlines in payments.
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March 6, 2018
On the web
Chinese banks see surging mobile payments in 2017
Xinhua Net
“Chinese banks saw a surge in mobile payments last year, official data showed Monday. Banking institutions handled 203 trillion yuan (32 trillion U.S. dollars) in mobile payments in 2017, up 28.8 percent, according to the People’s Bank of China (PBOC). A total of 37.6 billion payments were made through mobile banking services in the period, an increase of 46.1 percent, the PBOC said.”
January 31, 2018
Top Post
Amazon is experimenting with its own QR code style ‘SmileCodes’
TechCrunch
“Amazon is rolling out its own take on the concept and calling them “SmileCodes.” If you’ve scanned a QR code before, the idea will seem similar: see a code in, say, a magazine, open a scanner (built into the Amazon app), line up your camera with the code, and… something happens. What that something will be will vary from code to code, but they can open product pages, play videos (movie trailers, product reviews, etc.), etc.”
January 25, 2018
On the web
CBE issues standard criteria for accepting electronic payment using QR Code
Daily News Egypt
“The Central Bank of Egypt (CBE) has issued electronic acceptance criteria for payments through QR Code, an easy and secure way to implement and accept payments electronically without the need for traditional POS devices. According to CBE; these unified standards will apply to all banks licensed to accept payments electronically in Egypt.”
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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