It’s anticipated that there will be more than 4.8 billion individuals using a mobile phone by the end of 2016. Because of this enormous growth, we can expect to see the mobile payments industry and startups in the space evolve to meet the growing demands of users. To understand how big this industry is going to be, you need to understand the history of mobile payments and their… Read Moregoogle wallet
It’s anticipated that there will be more than 4.8 billion individuals using a mobile phone by the end of 2016. Because of this enormous growth, we can expect to see the mobile payments industry and startups in the space evolve to meet the growing demands of users. To understand how big this industry is going to be, you need to understand the history of mobile payments and their… Read More
Ahead of Google’s annual I/O event kicking off later today in Mountain View, the company is unveiling its latest developments for Android Pay. The mobile wallet for Android-powered smartphones is opening for business in the UK — its first market outside the U.S. (where it launched in September 2015) — starting out on NFC-enabled Android devices running KitKat 4.4 or… Read MoreAndroid Pay Debuts in the UK, no need to unlock ...
Samsung Pay is off to a solid start with an estimated 1 million users in Korea and acceptable uptake in the US. The company announced that they are adding more banking partners to the mix and will also allow gift cards to be connected to their NFC/MST solution. Samsung did not publish any US numbers but Thomas Ko, global co-general manager of Samsung Pay said that customers are “using… Read MoreSamsung Pay Adds Gift Cards, More Bank Partners
While the “year of Apple Pay,” as Apple CEO Tim Cook dubbed 2015, still has a ways to go, the product’s first anniversary is rapidly approaching. And, considering Android Pay’s recent unveiling, it seems that its competitors are, as well. So, as we prepare to celebrate, the question is: How are things going? Read More