Payments

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Visa, PayPal consolidate audiences to streamline mobile payments, enhance security

July 25, 2016

Visa and PayPal have thrown a twist into the race for mobile payments domination by entering into a strategic partnership that will broaden consumers’ ability to pay via PayPal and Venmo and improve security, indicating the importance of collaborations in this competitive space.

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Mastercard looks to maximize mobile payments capabilities with VocaLink acquisition

July 22, 2016

Mastercard has acquired British payment-technology provider VocaLink, following a string of innovations for its Masterpass mobile payment service, in a bid to even out adoption of the technology in all markets and become a top contender in the crowded space.

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Wells Fargo highlights Android-friendly commerce opportunities with mobile wallet

July 21, 2016

Wells Fargo is reminding financial institutions not to overlook non-iOS customers with a mobile wallet for Android devices, enabling users to make purchases at participating merchants by holding their smartphones up to contactless readers.

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IPayYou merges social media and peer-to-peer payments with Twitter Pay

July 19, 2016

Bitcoin provider IPayYou has developed a service that allows users to support their favorite campaigns and charities as well as share funds with friends and family, hoping to stay relevant as conversational commerce, social media purchasing and peer-to-peer payments all grow.

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Masterpass arrives in stores and messages, potentially boosting mobile payments

July 15, 2016

Mastercard, which has thrown its hat into the ring of in-store mobile payments with Masterpass arriving at bricks-and-mortar locations such as BJs and Subway, hopes to become a leader by tacking on vending machine connectivity, Cake Pay integration, messaging purchases and banking partnerships.

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MasterCard incentivizes Samsung Pay usage with free concert tickets

July 12, 2016

With consumers becoming more comfortable using mobile payment platforms for everyday purchases, MasterCard recently invited New York residents to buy items from a specific café with Samsung Pay in exchange for tickets to a Cold War Kids, Capital Cities or Years & Years concert.

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How Visa continues to advance mobile payments at the Rio Olympics

July 8, 2016

In the latest contactless payments development for the Rio Olympics, Visa has partnered with Swatch to introduce an NFC-enabled watch in Brazil, enabling consumers to pre-load funds into their associated bank accounts and make a purchase within seconds.

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Barclaycard’s newest innovation clasps mobile payments functionality onto wearables

July 8, 2016

Barclaycard is introducing bPay Loop, a small case comprising a contactless chip, so that wearable owners can transform their existing watches and fitness bands into vehicles for contactless payments, highlighting a new commerce opportunity.

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Walmart Pay’s transaction volume jumps 45pc with national rollout completed

July 7, 2016

The volume of transactions on Walmart Pay recently increased 45 percent week-over-week, following the completion of the mobile payments solution’s rollout to all of the chain’s stores in the United States.

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Top 10 mobile payments activations of Q2

July 5, 2016

As consumers grow increasingly comfortable with using their smartphones to pay for purchases, brands including Pizza Hut, Walmart and OpenTable have revolutionized the payments sector with AI-enabled initiatives, widespread mobile wallet rollouts and streamlined on-site checkouts.

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