Post Tagged with: "mobile payments"

Tokenization To Generate Over $40 Bn Revenues By 2024

Tokenization To Generate Over $40 Bn Revenues By 2024

January 20, 2020 at 1:39 pm 0 comments

A new report from Juniper Research found that annual revenues from tokenization of mobile payments, where account details are replaced with data useless to fraudsters, will exceed $40 billion by 2024, growing from an estimated $17 billion in 2019. Of this, over $30 billion will be through remote eCommerce, ratherRead More

SBI, HDFC To Accept UPI Payments

SBI, HDFC To Accept UPI Payments

November 23, 2016 at 5:44 pm 0 comments

Country’s largest bank State Bank of India (SBI) and second largest private sector bank HDFC have now joined the UPI bandwagon and account holders of these banks can now make financial transactions using this new mode. The UPI or United Payment Interface allows a user to send or receive moneyRead More

What Experts Think of BRICS Rating Agency

What Experts Think of BRICS Rating Agency

October 13, 2016 at 6:14 pm 0 comments

The proposed BRICS agency was discussed by participating executives in a seminar at the BRICS trade fair When leading executives came for the Seminar on Financial Services Cooperation amongst BRICS countries at the BRICS trade Fair, they discussed the nuances and modalities of the proposed BRICS Rating Agency, International PaymentRead More

Oxigen Wallet Offers Mobile Payment At HPCL Filling Stations

Oxigen Wallet Offers Mobile Payment At HPCL Filling Stations

June 20, 2016 at 9:01 am 0 comments

Mobile payment service provider Oxigen Wallet has entered into an association with HPCL wherein customers can make payments for their petroleum consumption through mobile phones. While until now cash and cards had been the major accepted mode of payments at these petroleum pumps, the association is set to allow usersRead More

Mphasis Partners ToneTag To Revolutionize Mobile Payments

Mphasis Partners ToneTag To Revolutionize Mobile Payments

May 17, 2016 at 6:22 am 0 comments

Mphasis has partnered ToneTag, a sound based proximity communication provider to provide mobile payments solutions for the banking and retail industries. As part of the agreement, Mphasis will collaborate to build solutions and be an integration partner for ToneTag’s sound based technology globally to enable contactless proximity communication, location basedRead More

Micromax, TranServ And Visa Forms MoU To Offer Mobile Payment

Micromax, TranServ And Visa Forms MoU To Offer Mobile Payment

April 11, 2016 at 8:19 am 0 comments

Micromax, TranServ and Visa has formed an MoU to offer the next generation mobile payment solutions in India. The three leading brands have come together with an aim to offer unique digital solutions specifically designed to meet the varied demands of the mobile-first Indian consumer. The three parties have signedRead More

Micromax Signs With TranServ For Mobile Payments

Micromax Signs With TranServ For Mobile Payments

December 22, 2015 at 12:22 pm 0 comments

Micromax Informatics today announced the launch of India’s first smartphone based native payments solution in a strategic partnership with leading mobile payments company TranServ. Under the partnership, the companies will be rolling out a series of payment solutions specifically designed to meet the varied demands of the mobile-first Indian consumer.Read More

50% Consumers Will Use Smartphones Or Wearables For Mobile Payments

50% Consumers Will Use Smartphones Or Wearables For Mobile Payments

December 17, 2015 at 9:52 am 0 comments

According to Gartner, 50 percent consumers in mature markets is expected to be using smartphones or wearables for mobile payments by 2018. “Innovation in apps, mobile devices and mobile services are impacting traditional business models, particularly in the way people use personal technology for productivity and pleasure,” said Amanda Sabia,Read More

Mobile Payments To Grow $1 Tn By 2017

Mobile Payments To Grow $1 Tn By 2017

August 19, 2015 at 11:37 am 0 comments

International Data Corporation (IDC) predicts mobile payments globally to account for $1 trillion in 2017, up 124 percent from 2015’s estimate. Asia-Pacific markets will contribute to this growth greatly as mobile commerce (or mCommerce) transactions with remote payments will take off across the region. Driven by a high number ofRead More