SEOUL, Sept. 5 (Korea Bizwire) — South Koreans’ awareness of mobile payment services ranks high among major advanced and emerging countries, a poll showed Tuesday, as many tech-savvy consumers turn to their smartphones for settlements. According to the survey of 18,180 consumers in 23 countries by global opinion research firm Ipsos, 64 percent of South [...]
HANGZHOU, China and CAPE TOWN, South Africa, Aug. 31 (Korea Bizwire) — Starting today, Chinese tourists in South Africa will have more opportunities to pay via smartphone as Alipay, the world’s largest online and mobile payment platform, operated by Ant Financial Services Group (“Ant Financial”, “Ant”), partners with Zapper, the fast-growing mobile payment, customer insights [...]
LONDON, Jun. 27 (Korea Bizwire) — Alipay, the world’s largest online and mobile payment platform operated by Ant Financial Services Group (“Ant Financial”, “Ant”), today announced that it has signed a MoU with the Government of Monaco, which will enable merchants in Monaco to accept payment via Alipay, giving Chinese tourists the same convenient payment [...]
SEOUL, March 22 (Korea Bizwire) – Samsung Electronics Co. said Wednesday it has released its mobile payment service — Samsung Pay — in India, tapping into one of the fastest-growing smartphone markets in Asia. The South Korean tech giant said it clinched agreements with seven major Indian financial companies such as AXIS Bank and HDFC [...]
VANCOUVER, BC and BRAUNSCHWEIG, GERMANY, Dec. 28 (Korea Bizwire) – Volkswagen Financial Services AG and PayByPhone today announced that the financial services division of Volkswagen Group has acquired PayByPhone, the world’s leading parking payment provider. The deal positions Volkswagen Financial Services AG as the clear leader in mobile payments and parking sectors, while providing the [...]
SEOUL, Feb.16 (Korea Bizwire) – Apple’s Apple Pay mobile payment service will launch in China on February 18. Samsung is hoping to follow shortly with its Samsung Pay service, and is currently wrapping up negotiations with Chinese partners, adding a sense of tension to the Chinese mobile payment market. According to Chinese media, Apple Pay [...]
AMSTERDAM, Jan. 26 (Korea Bizwire) - With acceptance of mobile and other new forms of payments expected to double in the next two years, a new global study shows a critical need for organizations to improve their payment data security practices. This is according to a recent survey of more than 3,700 IT security practitioners from more [...]
SINGAPORE, Jan. 26 (Korea Bizwire) - Adyen, the global payments technology company, today published the 2015 Q4 edition (Sept-Dec) of its quarterly Mobile Payments Index, which tracks mobile payment data from browser-based transactions across Adyen’s customer base. The key finding of this Mobile Payments Index is that for the first time, over a third (34%) of browser-based [...]
NEW YORK, NY, Dec. 22 (Korea Bizwire) – Boloro, the international mobile payments processing network with expanding operations across 15 countries by the end of 2016, has announced their selection of Ribbit.me’s universal blockchain-based loyalty industry platform to provide their merchant partners with a loyalty solution. Boloro will integrate the Ribbit.me loyalty platform, including LoyaltyNetwork™ [...]
SEOUL, Dec. 11 (Korea Bizwire) – Online payments using mobile devices have continued to rise in South Korea this year thanks to the widespread use of smartphones and easier transaction options tailored for tech-savvy consumers, industry data showed Friday. 11th Street and GMarket, the nation’s two leading open market operators, received about half of their [...]