India, has announced the launch of mVisa. The mobile based payment solution will make payments at retail outlets much easier: Customers of any mVisa issuing bank can make digital payments at mVisa enabled retail outlets simply by scanning a unique QR code on their smartphones. To implement mVisa, the DCB Bank has partnered with GI
World Wide Worx released in April this year, not only show good growth for the year, but forecasts for 2020 show the figures doubling from their current baseline. While this is great news for the economy, there remain many obstacles for the general business community when it comes to taking the leap in creating a
Orange has further strengthened its position as a major player in the mobile financial services segment in Africa. This change of status is accompanied by the creation of a new organization, CECOM, which provides mutualized risk and compliance management for its mobile money activities in these countries. A favourable environment In 2015, noting the significant growth
As of July 2016, 88 percent of Mastercard U.S. consumer credit cards have chips, representing a 105 percent increase in chip card adoption since the October 1, 2015 liability shift. The company also sees 2 million chip-active merchant locations on its network, a 468 percent increase in chip terminal adoption since October 1, 2015. Two
Consumers can pay merchants by scanning a QR code on a smart phone or by entering a merchant number into a feature phone. The payment goes straight from the consumer’s bank account into the merchant’s account and provides real-time notification to both parties. The QR code, which provides the customers with the merchant’s bank details,
th best globally by MyPrivateBanking Research in the category of Mobile Apps for Wealth Management 2015, and 6th best globally by the UX Alliance for usability and ease of use. This was soon after the app was voted best banking app in Internet Banking SITEisfaction Survey, which measures internet banking quality and user experience in
“Despite consumers not believing the mobile will become their main payment method in the next decade, 67% of the respondents would rather leave their wallet at home than their phone, up from 56% in 2015. Regardless of whether or not the mobile will one day become the ‘go-to’ way to pay, what is clear is
