Chinese mobile payments giant Alipay is attempting to spread its influence in a big way by partnering with an Australian payments provider to launch Alipay in the country’s stores.
Banks and financial services
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Western Union, one of the preeminent money-sharing platforms, is updating its business model with a strategic investment in mobile payments, signaling a step towards a more modern approach to money-sharing and payments.
PayPal is bringing a little extra personality to the relatively impersonal process of money sharing between consumers by bringing in designer Jonathan Adler to design some colorful e-gift cards to share for the holiday season.
In a move evincing the resonances of the mobile payments boom, Mastercard is partnering with Wells Fargo Treasury Management to leverage its Mastercard Send payments platform.
Popular messaging application Viber is getting a much-needed commerce twist with the integration of an automated banking system, further signaling the blurring between messaging platforms and other mobile functions.
PayPal is making life easier for businesses by releasing a new mobile application, aside from the main consumer-facing one, that is intended for businesses to help them keep track of their various financial data and decisions.
Mobile has disrupted many industries, providing new ways of interaction and a seamless transition between online and offline, but perhaps no area needs mobile to connect its various parts as much as banking.
After months of development and partnerships, Chase Bank has finally released its mobile payments application, Chase Pay, on the market.
As mobile payments reach critical mass, Citibank is joining the onslaught of providers with its standalone digital wallet as a part of its quest to provide consumers with a wide array of options of interest.
Mastercard is taking two big steps forward when it comes to mobile integration thanks to a new chatbot system and a partnership that brings payments to wearable devices, signaling that the credit card company is committed to making multichannel retail more mobile.