AliPay, WeChat Processed $3 Trillion in 2016
Chinese consumers sent about $3 trillion in payments through Alibaba and Tencent payment services in 2016. According to a new ...
Tag: Mobile Payments
5 Financial Services Bots Launched at Facebook F8
The 100,000 chatbot-strong platform Facebook Messenger gained a few new friends yesterday, during the social media giant's F8 Developer conference. The ...
Wells Fargo’s Take on Joining PayPal and Android Pay for Its Mobile Customers
Wells Fargo is bringing PayPal to the point of sale. The bank’s mobile customers will now have the ability to ...
Bank of America Customers Have Sent $8 Billion in P2P Payments
Bank of America’s mobile customers are fast embracing P2P. “We remain a leader in digital banking and continue to see ...
Zelle Makes Play for Top Spot in P2P with $55B in Transactions
Zelle, the person-to-person payments network launched by Early Warning, reported today that it processed 170 million transactions in 2016, proving ...
Chase, Wells Report Strong Mobile User Growth
JPMorgan Chase and Wells Fargo are certainly on the right track to becoming #MobileFirst. Both banks reported their first quarter ...
Western Union Customers Can Now Use Apple Pay for Money Transfers
The Apple Pay universe just keeps on expanding—this time, it’s to international money transfers. iOS users will now be able ...
WhatsApp Moves to P2P First, Businesses Come Next
Facebook-owned messaging app WhatsApp is beginning its trek into payments, using the UPI system to enable the feature in India. ...
Amazon Cash: Just Like a Gift Card, But Mobile
Amazon announced its new Amazon Cash offering this morning, alongside a list of participating retailers which thus far include CVS ...
Square Enters Its First European Market: U.K.
Square has finally arrived in Europe. The payments company has just expanded its services to the United Kingdom, according to ...
