Tagged: mobile payments

Chinese Payments Giant Alipay Launches New Prepaid Card Service for International Visitors

Hangzhou-based Alipay, a company that provides a mobile and online payments platform, has introduced a new prepaid card service for people visiting China. The card is reportedly supported by the Bank of Shanghai. The company’s announcement noted: “We heard you. You want to use Alipay… Read More

Wirecard Teams Up With NK Department Stores to Accept Chinese Mobile Payment Methods

Germany-based global provider of digital payments and commerce solutions Wirecard announced on Thursday it has teamed up with NK department stores to accept Chinese mobile payment methods. According to Wirecard, NK welcomes over 9 million visitors annually to its luxury stores in Stockholm and Gothenburg. The… Read More

Kroger Launches New Mobile Payment Solution & Rewards Debit Card

The Kroger Co. (NYSE: KR) announced on Wednesday it is introducing Kroger Pay, which is described as a mobile payment solution that securely combines a customer’s payment and loyalty card information to create a faster checkout experience. The company reported it is also launching a new… Read More

India-Based Payments App Tez Rebrands to Google Pay Nearly One Year After Launch

Tez, an India-based mobile payments app, announced earlier this week it has rebranded to Google Pay. The rebranding comes nearly one year after Tez made its debut. Since launching in September 2017, Tez has reportedly attracted more than 22 million people and businesses, who use… Read More

Payments & Loyalty App Yogo Surpasses One Million Users

Yoyo, a mobile payment and marketing platform, announced on Wednesday it has surpassed one million users and claims to be one of the fastest growing fintech startups in Europe. Founded in 2013, Yoyo describes itself as the fastest growing mobile wallet in Europe. For shoppers, it is an… Read More

German Fintecher Cringle Returns to Companisto for Second Equity Crowdfunding Campaign

Cringle has returned to Companisto for its second equity crowdfunding round, aiming to raise 600,000€ for 9.09% equity offered.  The campaign has quickly raised over 61,000€ from more than 83 investors in the first day of its campaign for the company now valued at 6M€…. Read More

Visa Invests in Swedish Fintech Unicorn Klarna

This week, it was announced that Visa was purchasing a stake in Swedish fintech company Klarna. Details of the deal were not released, but numerous sources report that Klarna will be issuing a new series of equity following the deal. E-commerce Payments Solution Klarna, which was… Read More

Circle Launches Free Cross-Border Mobile Payments Based on Blockchain

Circle, a Blockchain based Fintech startup backed by Goldman Sachs, announced recently it was launching its mobile payments solution to the US, UK, and Europe, which will allow people to transfer money across countries without any fees instantly. Free and Instant Cross-Border Payments Blockchain is the… Read More

Malaysia Fintech Firm Soft Space Raises US $5 Million From Japan’s Transcosmos

Malaysia Fintech firm Soft Space, which offers mobile payment solutions, announced it has secured US $5 million in funding from Japanese e-commerce company Transcosmos Inc. Mobile POS and E-Commerce Soft Space offers mobile point-of-sale services for small and large merchants in Malaysia and other parts of Southeast Asia…. Read More

MobiKwik Reaches for Unicorn Status, Set to Raise Funding from BlackRock

One billion dollars. MobiKwik is set to raise funds from investors including BlackRock Inc. which will value the innovative Indian Fintech company at about $1 billion, according to Bloomberg. Headquartered in Gurgaon, MobiKwik offers a mobile phone based payment system. Customers add money to an online wallet that… Read More

Mobile Payments: PayPal & Visa Extend US Partnership to Asian Pacific Market

PayPal (PYPL) and Visa (NYSE:V) have extended their U.S. partnership to the Asian Pacific market, a move that will see them work collaboratively to accelerate the adoption of secure, reliable and convenient digital and mobile payments for consumers and merchants in markets throughout the region. This… Read More

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