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229

Android Pay is now available in Japan

By  for TechCrunch

Android Pay continues its international rollout with a launch in Japan today, some six weeks after Apple’s own mobile payment service reached Japanese shores. (more…)

eWallets, Fintech news, Japan, Mobile payments/banking

December 13, 2016

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180

The Key To ePlumbing Cipher

By Mehul Desai for LTP

With the proliferation of mobile devices, the success of e-commerce has migrated to the mobile channel. The first step was to mobilize existing websites, effectively providing every e-commerce site with a mobile commerce extension. In addition to brick-and-mortar and the web, mobile became another channel. Over a period of time, it started to become obvious that the force of mobility was so significant that it had created its own paradigm. The expression mobile-first-strategy started to gain traction. E-commerce morphed into m-commerce, and with a firm presence in the real world, m-payments followed closely on its heels. (more…)

About, eWallets, Global trends, Mobile payments/banking

December 13, 2016

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248

Mobile wallets can end the ‘fragmentation’ of modern financial services

By David Griffiths for PaymentsSource

As Christmas approaches, online shoppers will once again be doing what online shoppers do best, though increasingly they will be doing it via their smartphones, which can be fiddly. (more…)

Analytics, eWallets, Global trends, Mobile payments/banking

December 8, 2016

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316

Facebook just secured an e-money license in Ireland, paving the way for Messenger payments in Europe

By  for TechCrunch

Paving the way for friend-to-friend payments to come to Facebook Messenger in Europe (and after the functionality debuted in the U.S. all the way back in March last year), Facebook has quietly secured an e-money license from the Central Bank of Ireland. (more…)

eWallets, Fintech news, Mobile payments/banking, p2p-payments

December 8, 2016

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233

You no longer need internet data to use Paytm services

By  for GadgetsNow

You no longer need a smartphone or internet data to pay through e-wallet app Paytm. The company has just announced that it has expanded its reach to non-internet users, who use feature phones. (more…)

Banks, eWallets, Fintech news, India

December 7, 2016

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249

American Express brings its mobile wallet to Canada

By David Heun for PaymentsSource

American Express has added a new mobile payment service to the growing list of “Pays” available to consumers in Canada. (more…)

eWallets, Fintech news, Mobile payments/banking, Payment systems

December 6, 2016

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314

WorldRemit and Xpress Money forge global money transfer partnership

By Finextra

Digital money transfer service WorldRemit and global money transfer brand Xpress Money today announce a partnership to open up new remittance routes across Africa and Asia.

(more…)

eWallets, Fintech news, InspirAsia, Remittances

December 6, 2016

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217

Askari Bank introduces cardless cash withdrawals

By Finextra

In association with TPS as its trusted technology partner, Askari Bank Limited has launched Cardless Cash Withdrawal service for the first time in Pakistan. With this service, Askari Bank’s customers can withdraw cash without any ATM card. The service is available at all Askari Bank ATMs across Pakistan.

(more…)

Banks, Cashless, eWallets, Fintech news

December 6, 2016

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195

Cashless India: Seeing the Vision for Financial Inclusion Come True – Part 2

By Dipali Ekbote for LTP

India’s financial ecosystem is undergoing disruptive changes as it extends channels for customer reach. Let us take a look at what are these changes and how they can help achieve India’s financial inclusion goals.

(more…)

eWallets, Fintech news, Global trends, India, Marketing Report

December 6, 2016

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177

Google gets festive with Android Pay Christmas crackers

By Finextra

Google is playing Santa over the holidays, hoping to win converts to its Android Pay service by rewarding Brits who use it with virtual Christmas crackers filled with prizes. (more…)

eWallets, Fintech news, Mobile payments/banking

December 6, 2016

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204

YuuZoo launches e-wallet service YuuWallet

By Soon Weilun for The Business Times

SOCIAL networking, e-commerce and entertainment company YuuZoo Corporation has introduced an electronic wallet service.

(more…)

eWallets, Fintech news, Singapore

December 6, 2016

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232

Paytm founder prepares for his next pivot, which could be the biggest yet

By  for TechInAsia

“The last five years were an opportunity for those who were capturing Indian consumers, because people got internet connections with smartphones,” Paytm’s founder and CEO Vijay Shekhar Sharma tells me, his easy chuckles complementing the sunny poolside of a Delhi hotel. “The next five years are an opportunity for companies capturing Indian small and medium businesses (SMEs) as they begin to understand how important smartphones are to their businesses.” (more…)

About, eWallets, Fintech news, India, Interviews, Mobile payments/banking

December 6, 2016

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289

WorldRemit’s Ismail Ahmed thinks mobile money accounts are the future

By  for TechCrunch

WorldRemit founder and CEO Ismail Ahmed took the stage at TechCrunch Disrupt Londonto talk about his company and his views on the future of remittances. (more…)

eWallets, Fintech news, Global trends, Remittances

December 5, 2016

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218

How companies in Southeast Asia can cater to the unbanked market

By Yon Heong Tung for e27

Southeast Asia’s unbanked population currently sits in the hundred millions, companies — both corporates and startups — need to leverage the range of e-payment tech to successfully penetrate these markets. (more…)

Analytics, eWallets, InspirAsia, Mobile payments/banking

December 5, 2016

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363

Citi Pay’s Arrival Foreshadows The Future Of The Mobile Wallet Wars

By Michelle Evans for Forbes

Third-party apps like Apple Pay, Android Pay and Samsung Pay have garnered much of the attention when it comes to proximity mobile payment; however, that does not mean financial institutions plan to sit on the sidelines. Banks have had much success with mobile banking and person-to-person payment apps in the last five years, but few offer consumers the functionality to make in-person payments. (more…)

Analytics, Banks, eWallets, Fintech news, Mobile payments/banking

December 1, 2016

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301

Uber rival Grab hits the gas on its digital payments platform in Southeast Asia

By  for TechCrunch

On the face of it, that might not sound like a huge advance but, bear with me, it’s notable. (more…)

eWallets, Fintech news, InspirAsia, Mobile payments/banking, Singapore

November 30, 2016

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372

Blockchain Startup Bluzelle Eyes New Blockchain Markets With KPMG Digital Village Partnership

By

Bluzelle Networks, a Singaporean company specializing in blockchain applications for the financial services industry, has been named as an Emerging Star in KPMG and H2 Ventures’ notorious Fintech 100 list. The company plans to tap into new markets with its partnership with KPMG Digital Village. (more…)

Blockchain, Cryptocurrencies, eWallets, Fintech news, Insurance, Singapore

November 29, 2016

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495

India gets a new bitcoin mobile app

By  for TechInAsia

India is still reeling under a cash crunch triggered by the government’s sudden demonetization move announced on November 8. Overnight, high-denomination currency – 500-rupee notes and 1000-rupee notes – became illegal and those had to be physically exchanged at banks. (more…)

Cryptocurrencies, eWallets, Fintech news, India, Mobile payments/banking

November 28, 2016

PayKey Raises $6M in Series A Funding

paykey

By FinSMEs

PayKey, a Tel Aviv, Israel-based social fintech startup, raised $6m in Series A funding.

The round was co-led by e.ventures and Wharton Asset Management, with participation from new investors CommerzVentures, Mastercard and Santander InnoVentures, Digital Leaders Ventures, and existing investor Magma VC.

(more…)

Deals, eWallets, Fintech news, Mobile payments/banking

November 24, 2016

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319

Google hints at NFC payments coming to Android Wear

By Kate Fitzgerald for PaymentsSource

Google’s Android Wear products came to market well ahead of the Apple Watch, but in one category they have always been a step behind: contactless payments.

(more…)

eWallets, Fintech news, Mobile payments/banking

November 24, 2016

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341

Alibaba-backed Paytm solves the problem of card payments in India

By  for TechInAsia

Chew on this: 740 million debit or credit cards have been issued in India. Only 700,000 merchants accept card payments. And there are only 1.5 million card-swiping machines – point-of-sale (POS) terminals – in the country. (more…)

Cashless, eWallets, Fintech news, India, POS/mPOS and online acquiring

November 23, 2016

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430

PayQwick Aims to Be The PayPal of Pot

By Julie Weed for Forbes

Piles of cash.

It’s often one of the biggest challenges for a marijuana company. (more…)

Banks, Cashless, eWallets, Fintech news

November 19, 2016

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263

OnOnPay raises pre-series A to get Vietnam hooked on mobile payments

By  for TechInAsia

Vietnamese mobile wallet and phone top-up startup OnOnPay topped up its own balance with a pre-series A round worth US$800,000, the company announced today. (more…)

Deals, eWallets, Fintech news, Mobile payments/banking

November 18, 2016

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332

How the top banking apps stack up against their startup competitors

By  for Business Insider

There was a time when retail banks had their heads in the sand when it came to embracing the mobile phone revolution — but not anymore. (more…)

Banks, eWallets, Fintech news, Marketing Report, Mobile payments/banking

November 17, 2016

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231

FlexM raises US$886K to help the unbanked get paid and remit electronically

By Yon Heong Tung for e27

Its virtual wallet allows users to store up to four virtual pre-paid Mastercards (more…)

eWallets, Fintech news, Mobile payments/banking, Remittances, Singapore

November 17, 2016

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325

Paytm and Transmit Security win FT Fintech awards

By  for Financial Times

Winners were chosen from more than 200 entrants across the burgeoning sector (more…)

eWallets, Fintech news, India, Security

November 17, 2016

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183

Apple Pay now lets non-profits take donations

By  for TechCrunch

Apple announced this morning that its payments service Apple Pay will now support the ability to make donations to non-profits, starting today in the U.S. This includes both Apple Pay on the web, where it can be integrated into websites’ checkout flow, as well as within mobile applications. The changes are rolling out just ahead of the holidays, something participating non-profits hope will have a big impact on their ability to raise funds during this time of increased charitable giving. (more…)

eWallets, Fintech news, Mobile payments/banking

November 15, 2016

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246

Samsung launches a rewards program to get people using Samsung Pay mobile payments

By Fastcompany

The tech giant hopes that giving people incentives will increase adoption of its mobile payments platform. It’s launching its Samsung Rewards program this week for Samsung device owners. Here are the top lines: (more…)

eWallets, Fintech news, Mobile payments/banking

November 15, 2016

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324

Alibaba-backed Paytm is laughing all the way to the bank

By  for TechInAsia

Alibaba-backed mobile ecommerce player Paytm put out an ad on the front pages of newspapers last week congratulating Indian prime minister Narendra Modi for “taking the boldest decision in the financial history of independent India.” Delhi chief minister and Modi rival Arvind Kejriwal blasted the “biggest beneficiary” of the PM’s massive demonetization drive putting up an ad in his praise. But Paytm chief Vijay Shekhar Sharma held his own. (more…)

Cashless, eWallets, Fintech news, India, Mobile payments/banking

November 14, 2016

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312

China’s Alipay just saw a record 1 billion transactions in a day

By  for TechInAsia

China’s biggest shopping day last Friday saw not only an all-time high in spending on Alibaba’s online marketplaces but also a record amount transacted by users of its mobile wallet app, Alipay. (more…)

China, eWallets, Fintech news, Mobile payments/banking

November 14, 2016