Whilst we tend to think that mobile payments is a child of the 21st century, this infographic reminds us that its early years were actually in the 1990s rather than the 2000s, with Coca-Cola’s SMS receptive vending machines.
In 1997 in Helskinki, Finland, one could pay for a drink from select Coca-Cola vending machines by sending an SMS text message. According to the infographic below by emerchantbroker.com, in 2016, there will be nearly half a trillion mobile payment users in the world.
The problematic US EMV rollout and the larger question: Is EMV actually protecting retailers against fraud?
In this guest post, Vlad Branin, VP, Professional Services, Zooz, talks about the ins and outs of US EMV adoption: process of rolling out and the specific benefits.
New data from Worldpay, which surveyed 4,000 shoppers in Europe, shows the continent is becoming more tech-savvy and a keen adopter of new payment technology.
Berlin neo bank N26 talks new products, UK launch and the advantages of being based in Berlin.
Just under twenty percent of all card purchases are now being made on contactless cards, according to new data from the UK Cards Association.