Group items tagged

E-commerce firm eBay has added support for Google's mobile payment platform Google Pay in a bid to intermediate end-to-end payments on its marketplace.

UK-based fintech company Fingopay has decided to initially launch its biometric vein payments system at leisure and hospitality venues in Manchester, England. Based on Hitachi VeinID technology, Fingopay solution uses infrared light to map the pattern of a customer's finger veins

The financial industry is undergoing unprecedented changes. Focusing on how to navigate through new regulations has become a challenge, especially while keeping security a priority.

The Mastercard Love Index analyses credit, debit and prepaid card transactions over a three-year period 11-14 February 2016-18. It reveals that sentimental spending in the UK has increased by 49% since 2016. However, there has been a significant return to last-Minute shopping.

Those merchants will now have the opportunity to accept mobile payments through the app which was developed by Vocalink. In addition, soon a greater number of consumers will also be able to pay using the functionality. In 2020 Barclays will roll out Pay by Bank app to its Barclays mobile banking app. This will allow over six million users to access the service.

PayPal has introduced a new feature, which will enable customers to transfer money to their bank accounts from the app instantly.The new Instant Transfer to bank feature is powered by a tie-up with banking group JPMorgan Chase.

Currently, four services on the GOV.UK website are supported by Apple Pay and Google Pay. These include the Global Entry Service, which supports quick entry to the US for UK citizens. Payments for online basic DBS checks, which are conducted prior to allowing one to work in certain sectors, also accepts the two mobile payment services.

Customers increasingly want payments to be seamless. New developments in biometrics, instant cross-border payments, and the Internet of Things (IoT) are all part of the larger trend towards more convenient payments. However, seamlessness for consumers means complexity for merchants, creating challenging market conditions.

For an economy as developed and advanced as Japan's, cash is surprisingly still its most widely used payment instrument. Japanese consumers remain averse to mobile payments, and are even hesitant to use payment cards.

The technology from FIS hopes to be a crucial part of Australia-based Volt's overall platform. It will provide a highly scalable, cost-effective platform to serve customers.

Payments platform FreedomPay and Vista Technology Services (Vista) have entered into a global technology project and support partnership

Shenzhen TROS Technology Co., Ltd, works on developing, producing, sale and related service for Electronic throttle controller, Jump starter, and etc. The company idea is "Quality is the vitals for our development". With perfect technology development team and mature after-sales department, TROS has established a long term business cooperation relationship with international auto aftermarket company. It's marketing networks cover the whole world. In the future, TROS will devote on continuous improvement of the product performance, focus on popular and valuable products, they are trying their best to be the NO. One in this industry.

The PayPal investment in Tink will give it access to Tink's account aggregation technology. Furthermore, this will allow PayPal to significantly improve the produce experiences it offers to customers in Europe.