Mobeewave Closes $6.5 Million Series A Round to Bring Disruptive NFC Mobile Terminalization

Mobeewave, the leader in fast and secure NFC mobile payment acceptance services, announced that it has secured Series A investment in a round led by SBT Venture Capital. This new strategic funding will fuel Mobeewave’s rapid growth and support new market openings worldwide, while fast tracking the roll out of its products roadmaps. Mobeewave is

Apex Introduces Cashless Self-Service Shopping Solutions for Retail

Apex Supply Chain Technologies introduces Self-Service Cashless Shopping solutions for retail- a single, easy-to-integrate, secure payment-processing platform. Apex Cashless Shopping includes both card and mobile payment options that increase sales, lower operating costs and improve profitability. It integrates seamlessly with Apex AnyWhere™ and Apex, EMIS™ self-serve, Cloud-based, automated shopping devices. “Our technology is making it

TechPay Announced the Launch of SwiftPay for Grocery Stores, Convenience Stores and Retailers

TechPay Mobile Payment Systems announced the launch of SwiftPay for grocery stores, convenience stores and retailers. The new mobile payment system offers numerous benefits to merchants and consumers not available from similar solutions. SwiftPay requires no new hardware for the merchant to install – it integrates directly into the retailer’s existing system. It doesn’t require

Mobile Payment Acceptance Alone is Not Enough

Recently I’ve seen a number of articles saying the same thing we’ve been experiencing at Kopo Kopo in the past couple of years. Mobile payment acceptance alone is not enough. By that, I mean that most merchants that we work with in East Africa have adopted digitized payments somewhat reluctantly, and only when they saw

Afreximbank Plans Mobile Payment Platform for Africa

The African Export-Import Bank (Afreximbank) is working to introduce a mobile payment platform to support intra-African trade and payments, Jean-Louis Ekra, President of the Bank, announced in Lusaka. In an address at the opening of Afreximbank’s annual Seminar/Workshop on the Fundamentals of Structured Trade Finance, Mr. Ekra said that the successful introduction of the initiative

YellowPepper Partners with Citi for the Citi Mobile Challenge

YellowPepper,Latin America’s leading Mobile Payment and Banking solutions provider, recently announced that it will help sponsor the Citi Mobile Challenge U.S. 2014, a virtual developer challenge inviting the most talented developers in the world to build and showcase innovative technology apps and solutions with the potential to transform the digital banking landscape globally. The Citi

NRF Statement on Mobile Payment Services

The National Retail Federation issued the following statement from Senior Vice President and General Counsel Mallory Duncan regarding retailers’ adoption of mobile payment platforms and services: “Merchants large and small make business decisions every single day based upon what makes the best sense for the business, their associates and most importantly, their customers. The payment

Anovia Payments Partners with CardFlight to offer Mobile Point of Sale Solutions to Merchants and Developers

CardFlight, a leader in mobile point of sale (POS) technology, and Anovia Payments, a leading payment service provider, are announcing an agreement to provide customized mobile payment solutions to Anovia’s VARs, partners and merchants. As part of the partnership, Anovia will leverage CardFlight’s SwipeSimple product as their preferred mobile POS solution. Launched earlier this year,

Westpac Launches New Mobile Payment Stickers

Westpac has launched its new mobile payment sticker, enabling customers to make payments with any mobile device. The Westpac PayTag, can be attached to the back of a mobile device (or any other suitable item), enabling customers to make quick, secure contactless payments of up to $80 simply by holding their smartphone up to a

Boku Acquires mopay, Solidifies Position as World’s Largest Mobile Payment Provider for Carrier Billing

Boku, Inc., the global leader in mobile payments, announced the acquisition of Germany-based mopay, one of the largest carrier billing companies in the world and one of Boku’s leading competitors. The acquisition makes Boku the largest standalone provider of carrier billing-based mobile payment services in the world, adding marquee merchant customers like Valve, gameloft, and