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Absa Pilots Mobile Point-of-Sale Innovation

Barclays subsidiary, Absa has announced that its Payment Pebble, a mobile point-of-sale (MPOS) innovation, which aims to fundamentally transform the payment acceptance industry, is gearing up to enter its pilot Read More →

In-store mobile wallet payments will reach €78 billion in Europe & North America

According to a new research report from Berg Insight, in-store mobile wallet payments in the EU is forecasted to grow from less than € 0.1 billion in 2012 at a Read More →

ABSA Launches Mobile Rewards Programme

Financial services Group Absa announced that South Africans on its Rewards programme can now instantly redeem their cash rewards on the mobile banking platform, Absa.mobi. Through the Absa.mobi site, Absa Rewards Read More →

Visa Signs Agreements with Leading mPOS Providers

Visa Inc. announced that it has signed agreements with three leading mobile point-of-sale (mPOS) providers to enable merchants of all sizes to accept Visa payments using mobile technology. iZettle, SumUp Read More →

Worldwide Mobile Payment Transaction Value to Surpass $235 Billion in 2013

Gartner Predicts That Asia/Pacific Will Overtake Africa to Become the Largest Region Worldwide mobile payment transaction values will reach $235.4 billion in 2013, a 44 percent increase from 2012 values of Read More →

Centenary Bank Unveils Mobile Banking Services for Its 1.3m Customers

Centenary Bank of Uganda has unveiled CenteMobile, a mobile banking service for its customers. The service supports funds transfers, account and statement queries as well as airtime purchases and bill payments. Read More →

Javelin Releases Report on US Mobile POS Acceptance and Leading Vendors

Mobile POS (point of sale) acceptance is attracting small merchants to big-box retailers, posing a growing threat to traditional terminal-based solutions and vendors. Javelin Strategy & Research released the firm's first Read More →

Heartland Payment Systems and LevelUp Launch Mobile Payments across USA

Heartland Payment Systems, one of the USA's largest payments processors, and LevelUp are joining forces to make mobile payments mainstream in 2013. After successful pilot programs the pair is partnering Read More →

Identive Ships 1 Million NFC Tags for African Banking and Payment Program

Identive Group, Inc., a provider of solutions and services for the identification, security and RFID industries, announced that it has received orders for one million NFC TOM™ (Tag on Metal) Read More →

Visa Study Reveals Mobile Money Drives Demand for Financial Services

Multi-country study reveals sophisticated payment needs and behaviors of unbanked consumers in developing economies. Preventing theft, ability to send money quickly drives mobile money adoption. Visa Inc. and Fundamo, the Visa-owned Read More →
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