Apple is working to launch a peer-to-peer (P2P) payment service later this year, according to Recode... More
The value of mobile payment transactions made in the US is expected to rise 183.3% this year to US$27.67bn, more than doubling next year and reaching US$314.13bn by the year 2020, research released by eMarketer reveals... More
More than half of US consumers (60%) are currently using a method of digital payment with the most popular proving to be PayPal, used by 51%, a study conducted by Thales in conjunction with Wakefield Research reveals... More
More than eight in 10 US consumers (82%) trust banks most to keep their payments safe, research from the American Bankers Association (ABA) reveals... More
America’s biggest banks have launched a money-transfer app to compete with PayPal, Venmo and Square Cash, Reuters reports... More
Nearly one in five US smartphone owners (18%) have now used a mobile payment app, research released by Parks Associates reveals, with PayPal proving to be the most popular among all US smartphone users with 12%, followed by retail-branded mobile apps (9%), Apple Pay (4%), Android Pay (3%) and Samsung Pay (2%)... More
The PayPal-owned Venmo mobile payments app may soon allow users to make in-store purchases using NFC... More
More than three quarters of US retailers (76%) plan to accept Apple Pay by the end of 2017, research released by the National Retail Federation and Forrester reveals. More
Users of the PayPal-owned Venmo mobile payments app will soon be able to make purchases in third party mobile apps using the service... More
Nearly six in ten US millennials (58%) say cash is their preferred way of paying and being paid by friends, followed by P2P payment apps (26%), cheque (8%) and electronic bank transfer (8%), GOBankingRates reveals... More
An “overwhelming majority” of US consumers (75%) say they most trust banks to keep their payments safe, an American Bankers Association survey has found... More
PayPal-owned payment processor Braintree has integrated support for Android Pay into its v.zero SDK to make it easier for merchants to add support for the payment solution as a checkout option inside their Android apps... More
5% of US consumers currently use a mobile wallet and 18% intend to use one in the next year, credit scorer Fico’s “Millennial Banking Insights and Opportunity” survey has found, with the percentage rising to 32% among Millennials — defined as those born between 1980 and 1994... More
Users of the Venmo mobile payment app can now sign in with Apple’s TouchID feature on the iPhone 5S, 6 and 6 Plus... More
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