Regulators wanted to know if Apple has rejected merchant apps as incompatible with the terms and conditions for integrating Apple Pay in their apps.
The ease of use has meant that some vendors, especially in major cities like Beijing and Shanghai, have stopped accepting physical cash.
Don't judge demonetisation to soon: From grocery to high-value purchases, note ban has given a leg-up to digital money
Demonetisation has provided a necessary nudge to affect a behavioural change in society in the way cash is being used
In Japan, cash is still the mainstream payment methodology, with the current cashless payment ratio remaining at 20 percent, SoftBank said adding that the Japanese government is taking measures to raise the cashless payment ratio to 40 percent by 2025.
Cash on delivery costs e-commerce businesses more than other payment methods, said Alibaba Group Holding-backed e-retailer Lazada Group.
WhatsApp Payment feature can disrupt mobile payments space but it still needs to address some issues
WhatsApp will have to acquire merchants which is not only a considerable task but a different ball game altogether.
Out of 1500+ banks in India (including small co-operative banks), only 127 banks’ customers are doing mobile transactions while the remaining banks simply don’t offer customers a mobile-based payment system.
Ever since the advent of smartphones, the mobile app economy has witnessed blistering growth on the back of cutting-edge technological advances.
Google Tez is out on Android and iOS: Here's all you need to know about the latest mobile payments app
Google has officially released its mobile payments app for the Indian market — Google Tez.
Tata Consultancy Services (TCS) has launched 'Merchant Pay' to help retailers seamlessly integrate payments across multiple channels like Aadhaar, credit and debit card as well as phone-based payments through a single interface.
After introducing peer-to-peer in its Messenger app, Facebook today introduced group payments in Messenger.
The cashless model is slowly catching on but a lot needs to be done to get more merchants on board. While the country has the support digital payments, spreading awareness is important.
According to a recent study 'm-wallet: Scenario post-demonetisation' conducted by 'ASSOCHAM' and consulting from 'RNCOS', increased m-wallet transactions and the people using the technology with help the market grow about 211 percent
A new report now highlights that by 2020, the size of digital payments industry in India will be $500 billion.
Smartphone leader Samsung Electronics has for years been a spectator as Apple built a services "ecosystem" supporting its products.
Tech giant Samsung Electronics Co Ltd will launch a smartphone app in South Korea that would allow for easier use of its mobile payments service for online transactions, the Electronic Times reported on Friday citing unnamed sources.
How mobile migration helps the payments industry in minimising the traditional reliance on cash
ICICI Bank has announced a new mobile payment system that will let you make in-store payments using your Android device, without the need to physically carry your debit or credit cards.
Citrus Pay cashback festival to encourage digital payments; cash transactions our biggest competitors, says co-founder Jitendra Gupta
In conversation with Firstpost, Jitendra Gupta, co-founder and MD of Citrus Pay tells us how the company aims at encouraging digital payments, not just online but also offline stores by empowering just about everyone from your local kirana store to a vegetable vendor.