One in five Europeans expects to use their mobile phone to make payments on a daily basis by 2020, growing from the one in ten who do so already today, research from Visa Europe has found... More
Peer-to-peer payments
Facebook rolls out Messenger payments to New York
Facebook is to roll out its mobile payments service to New York City and surrounding metro areas and will add additional functionality to make it “easier to send and receive money”, an email sent out by the social network and seen by VentureBeat reveals... More
Google teams up with US carriers for NFC mobile payments
Google Wallet will be pre-installed on all Android phones supplied by Softcard partners AT&T Mobility, T-Mobile USA and Verizon Wireless from “later this year”, Ariel Bardin, Google’s vice president of payments, has announced... More
Emirates banks move towards mobile wallets
The UAE Banks Federation has announced the completion of the pre-implementation phase of a project to develop a mobile wallet platform that all its 51 member banks will be able to use to offer P2P, mobile payments and loyalty programs to their customers... More
Mobile payments platform Sixdots goes live with multiple banks in Belgium
Customers of nine banks representing 80% of the Belgian market can now make use of Sixdots, a mobile wallet service that uses a combination of QR codes and a six-digit PIN to make payments in stores, online and between friends... More
Polish banks join up for launch of Blik mobile payments service
The National Bank of Poland has given the go-ahead for the launch of Blik, a mobile payments service backed by six Polish banks that lets customers make payments in stores and online, withdraw cash from ATMs and send P2P transfers with their mobile phones... More
SnapChat adds cash transfers
SnapChat and Square have teamed up to launch Snapcash, a service that builds on Square Cash to let SnapChat users send cash transfers to friends from within the photo messaging app... More
Korean banks partner with messaging giant for mobile banking service
Korean internet and messaging giant Daum Kakao has launched BankWalletKakao, a mobile wallet service provided in partnership with 16 Korean banks and Korea Financial Telecommunications and Clearing Institute (KFTC)... More
SIA offers Europeans instant P2P payments with Jiffy
Payment processor SIA has launched a peer-to-peer payments service that lets users send and receive money in real-time with their smartphone... More
Ecuador’s central bank plans national mobile wallet
Banco Central del Ecuador is to launch a mobile payments scheme to act as the national mobile wallet in the country, Payments Views reports... More
Kotak launches P2P payments for Facebook
Kotak Mahindra Bank has launched a bank-agnostic payment service for Facebook that will enable 250 million Indian bank account holders to transfer money by choosing a recipient’s name from their friends list... More
Groupe BPCE launches Twitter money transfers
Groupe BPCE, the second largest banking group in France, has launched a service that will let users of its S-Money mobile app send money transfers via Twitter. More
Square lets customers make P2P payments via BLE
Square has added a feature to its Square Cash app that lets users leverage Bluetooth Low Energy (BLE) to make payments to anyone nearby, as well as an order ahead service for users of its Android and iOS apps... More
Messenger to add payments
The ability to make payments from within Facebook Messenger is on its way, according to screenshots and video footage spotted by Techcrunch... More
Four in ten mobile wallet users choose mobile as primary mode of payment
While convincing consumers to make use of a mobile wallet remains an issue for many providers, shoppers that do convert to mobile payments make extensive use of the technology, Nielsen’s Q2 2014 Mobile Wallet Report has found... More
Barclays reports Pingit stats
Barclays’ Pingit P2P payments service has been used to send £540million since the launch of the service in February 2012, the bank has revealed, and the app has been downloaded 3m times... More
Bitcoin gets Facebook transfers
US startup QuickCoin is making it possible for Facebook users to send Bitcoins to friends from within the social networking platform... More
Payments Council outlines expansion plans for Paym mobile payments platform
More than 500,000 UK bank account holders have signed up for Paym mobile payments since its launch last month, the Payments Council reports, and the organisation is now looking at adding additional proxies to the service, such as email addresses and driving license numbers, as well as making Paym available for other types of payment requests and international transfers... More
CaixaBank integrates bank accounts with Facebook
Spain’s CaixaBank has become the first bank in Europe to launch a Facebook application that allows users to view their bank accounts and perform transactions via the social network... More
Accenture offers NFC wallet
Accenture has introduced a mobile wallet platform that supports payments in stores via both NFC and QR as well as peer-to-peer payments, transport, loyalty and gift cards... More