Search Results for: digital payments
Australian tourist town has declared itself the first “digital currency town”
June 7th, 2018
Agnes Water, a tourist town located in central Queensland, Austrailia has become one of the first locations to accept digital currency. In a collaboration with TravelByBit (a start-up company native to Queensland) one town hopes to increase the flow ...
Airlines to test consumer payments that bypass credit cards for direct sales
May 18th, 2018
Some airlines will test letting ticket buyers on their websites have an optional new way of paying that avoids the need for credit and debit cards. The world’s top airline lobbying group, the International Air Transport Association (IATA), has ...
Visa, MasterCard and AmEx propose a new deal for online payments
April 23rd, 2018
The way you pay for things with credit cards or debit cards at bricks-and-mortar retailers is a familiar, standardized process. There have been minor tweaks, like the recent adoption of chip cards or getting rid of signatures, but the ...
Mobile payments set to hit $4.5B market value by 2023
April 12th, 2018
Data from Allied Market Research suggests that the mobile payment market will expand at a compound annual growth rate of 33.8 percent from 2017 to 2023, to reach a market value of $4.574 billion. AMR attributes its growth projections ...
Biometric mobile payments to hit 1T transactions, $51B in revenue by 2022
December 6th, 2017
Biometric transactions may soon replace cash payments: By 2022, mobile biometric solutions will authenticate more than 1 trillion transactions annually, driving the market to $50.6 billion in annual revenue that year, according to a new report from Acuity Market ...
Latest Mastercard Start Path Program Includes Blockchain, Digital Identity and Healthcare Fintechs
December 1st, 2017
Mastercard announced its largest and most diverse class to enter the Mastercard Start Path program – the company’s global effort to support later-stage fintech and tech startups. The 11 selected companies from across five countries are working on the ...
European Association for Biometrics conference: easing the digital journey
November 21st, 2017
Customers are impatient and friction leads to lost sales – a key takeaway from last week’s seminar on the use of “Biometrics in Banking and Payments” organised by the European Association for Biometrics. Researched flagged by Michael Sass, VP ...
Mastercard introduces solution for managing digital footprint
October 24th, 2017
New solution will help the 60 percent of people who say they don’t know where their card credentials are stored Do you know all the places you’ve stored your payment card details? From shopping sites to billers, keeping track ...
Town in Switzerland accepts tax payments in bitcoin
September 13th, 2017
Switzerland ramped up its bid to become a global hub for financial technology (fintech) and cryptocurrency start-ups with the decision by a town on the Italian border to accept tax payments in bitcoin. Chiasso announced that it would take ...
Visa Enables On the Go Payments With the New Fitbit Ionic
August 30th, 2017
Visa (NYSE:V) announced it is enabling Visa payments on Fitbit’s first smartwatch – Fitbit Ionic™. Eligible cardholders of participating banks will be able to make payments with Fitbit Pay™, Fitbit’s new payment function, when available. With Fitbit Pay, Visa ...