Users with Barclaycard credit cards who have the Barclaycard app (not the Barclays Mobile Banking app) installed on their phones will be able to make payments of up to £30 without entering a PIN number or opening the app, says the bank.
Monitise has announced that Santander, Telefonica and MasterCard will be putting up a £49.2 million joint investment to help further the mobile payments company’s cause, and support the global rollout of its platform.
Mobile payments service Paym has now been used by more than 1.8 million people in the UK since its launch in January 2013.
It is expected that just over two billion mobile phone or tablet users will make some form of mobile commerce transaction by the end of 2017.
Howard Allen, CFO & Development Director at Payfriendz has his reasons to think so: but do you agree?
New research has found that almost 80 per cent of Apple Watch owners are using the tech giant’s contactless payment system, Apple Pay.
The company will enable Apple Pay to work with mobile applications alongside its bigger competitors. Global e-commerce spending via mobile technology expected to reach $720 billion in 2017.