Fewer than one in five Brits have made a mobile payment, with security concerns providing a major barrier to growth, according to consumer research.
Mobile payments platform Monitise has reported pre-tax losses of $79.8m despite a doubling in revenue.
CaixaBank has become the first financial institution in Spain to fully develop a mobile point of sale (mPOS) solution.
Paymetric, a specialist in secure e-payment solutions, has gained a majority investment from equity firm Franciso Partners.
Payment solutions outfit Bluefin has developed a software kit for developers to use with their mobile payment apps.
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A mobile app for passengers to pay taxi fares has been introduced in New York cabs.
Stripe, the outfit that integrates payments platforms with online sellers, has launched in the UK.
A joint venture in Spain to create a ‘virtual community’ for merchants and consumers has been approved by the European Commission.
Facebook is gearing up to offer its users mobile payments using their login details.
E-payments service PayPal has launched an app that lets UK shoppers pay using their face and smartphone.