Mobile Payments

For the first time in modern society, the use of cashless payments has surpassed the use of cash by consumers, businesses and financial institutions. The Payments Council, an organization of financial institutions in the UK that oversees all payment mechanisms, reported the use of cash fell...

Since its launch in late September of last year, Apple has sold over 130 million iPhone 6 and iPhone 6 plus, boosting the company's revenue to over $130 billion (Q1 & Q2) by the end of Q2 2015. The extremely high Apple device count in use combined with...

Thursday March 19th, a federal judge gave approval for a 10 million dollar settlement for the customers who were affected by Target’s data breach in 2013. "We are pleased to see the process moving forward and look forward to its resolution," said Molly Snyder, Target spokesperson...

Over the past few years we’ve seen several mobile payments ventures gain plenty of momentum but never take off or become mainstream. Another mobile payments system has launched today – Paym. Paym links your cellphone number to your bank, which enables you to pay with your...

  About a year ago, Bitpay, a payment processor that deals exclusively with Bitcoin accepted it's 1,000th merchant. Today it has over 10,000 Bitcoin accepting merchants. This is testament to the gaining popularity of the decentralized digital crypto-currency.   Bitpay differentiates itself from other payment processors by dealing...

Bitcoin has been the buzz for a while with its unique design, extraordinary growth, and recent run-ins with government regulation. Despite all of the controversy around the crypto-currency and questions of volatility, something else has helped the underground currency gain approval, Litecoin. Litecoin was conceived in October 2010...

What is a hosted checkout? A hosted checkout is a type of online payment processing solution that allows your customers to pay for your goods or services online, with credit or debit, through a secure hosted webpage. From security to ease of use, it can make...

  For those who are unfamiliar with the term NFC (Near Field Communication) is a standards-based wireless communication technology that allows data to be transferred between devices from only a few centimeters apart (ie. mobile phone to terminal). NFC is the next step from in migrating contactless...

Not only have mobile payments become one of the fastest-growing game-changers in the consumer market, we strongly believe that with enough time mobile will be the future in the payments industry. The two largest and most successful forms of mobile payments to date are...