Once upon a time, you would hand your friends paper and coins anytime they needed cash. These days, it is more difficult --if your friends are anything like mine, they lack a functioning debit machine attached to their bodies somehow; this means we need to be more modern about the way we send and receive money. Many apps and services have stepped up to make this an easy task, … [Read more...] about Facebook Messenger App Joins Mobile Payments Trend
payments
Samsung Pay Makes Bid to Win Mobile Payments War
Samsung had a lot to talk about during their address at Mobile World Congress this week, not the least of which being a new mobile payment system. Designed to compete with the likes of Apple Pay and others like it, Samsung Pay promises to offer more choices to financial institutions interested in letting their clients pay using mobile phones. Much like the other options … [Read more...] about Samsung Pay Makes Bid to Win Mobile Payments War
Snapchat Joins Mobile Payment Game with Snapcash
I am pretty sure that Snapchat's new payment option, Snapcash, is either the best idea I have ever heard... or the worst. We are all familiar with the send and expire nature of Snapchat, and how easy it is to communicate with your friends quickly and easily. Thanks to a deal with Square Cash, you can connect up your debit card (as long as you are at least 18 years old), type in … [Read more...] about Snapchat Joins Mobile Payment Game with Snapcash
In App Purchases Expected to Dominate Apple Pay Transactions
It doesn't matter how successful the launch of Apple Pay is, consumers and retailers are going to need some time to see how it works before they fully trust and then adopt the service. It is with this in mind that Apple's Senior Vice President of Internet Software and Services Eddy Cue made the statement that he expects the largest portion of Apple Pay transactions will be … [Read more...] about In App Purchases Expected to Dominate Apple Pay Transactions