Mobile devices to generate £53bn a year through consumer spending
Research from Barclays shows that by 2024, mobile devices will generate £53.6 billion a year from consumer purchases, a huge increase on the £9.7 billion being spent today.
Research from Barclays shows that by 2024, mobile devices will generate £53.6 billion a year from consumer purchases, a huge increase on the £9.7 billion being spent today.
The healthcare payment corporation InstaMed have become the first company in the industry to integrate Apple Pay, allowing organisations and customers to pay for healthcare services using their mobile.
Auckland based taxi app Zoomy has secured major funding in order to rival Uber in New Zealand and Australia after investors purchased 50 per cent of the company for an undisclosed amount.
Samsung Research America, a subsidiary of the South Korean technology giant, is working with blockchain technology in order to create new transaction verification software.
Microsoft Payments, a subsidiary of Microsoft, has applied for licensing to provide mobile payment solutions in 50 US states.
Customers at Standard Bank in South Africa will now be able to access their accounts quicker using a Apple's biometric technology.
Latvian national airline airBaltic has teamed up with PayPal to offer customers a simpler and secure payment system.
An ING Group survey has discovered that throughout the UK and Europe consumers are using mobile to pay and make transfers more frequently, and cash may lose out.
Snapdeal, one of India’s largest e-commerce firms, has bought mobile-payments company FreeCharge for a rumoured $450 million.
Mobile security company Optio Labs has acquired smaller Maryland-based mobile security company Oculis Labs, which will afford greater data security solutions for multiple institutions.