Ripple Develops Blockchain Payments App With 61 Japanese Banks

Ripple Develops Blockchain Payments App With 61 Japanese Banks

The Japan Consortium is set to launch a revolutionary smartphone app called ‘MoneyTap’, which will allow customers to settle transactions instantaneously, 24/7. The app is powered by Ripple’s blockchain technology. According to an announcement on Ripple’s official website, this is the first time in Japan a mobile transaction settlement app has been developed which will […]

UK mobile contactless spending reached £975m in 2017, according to Worldpay

UK mobile contactless spending reached £975m in 2017, according to Worldpay

126m in-store contactless purchases were made via mobile devices in the UK last year, with spending passing £975m. According to payment processing company Worldpay, this spending accounted for a 328 per cent year-on-year growth of in-store mobile spending in 2017. The supermarket sector saw 59 per cent of all in-store mobile transactions, while pubs, bars, […]

Google Pay launches to replace Android Pay and Google Wallet

Google Pay launches to replace Android Pay and Google Wallet

Google recently admitted that Android Pay and Google Wallet probably didn’t need to exist as two different services. After a fictional, Highlander-style battle, it was Google Pay that emerged victorious, taking on a new name to define this united brand. And so, Android Pay now becomes Google Pay. The app still does everything you’d expect […]

WhatsApp starts digital payment tests in India

WhatsApp starts digital payment tests in India

WhatsApp has begun testing a new payments feature in India that will allow people to send money to other WhatsApp users, excluding merchant accounts. The feature is currently in beta, according to sources familiar with the company’s plans, but hasn’t been publicly announced because it’s not widely available at this time. The company has been […]

Alipay sends eight Chinese tourists on a cashless experiment in Finland

Alipay sends eight Chinese tourists on a cashless experiment in Finland

A group of eight Chinese travellers have concluded a cashless journey to Finland, with all transactions, from booking flights, making local retail purchases in Helsinki and dining out throughout their trip, made with their Alipay accounts. This has made Finland the first country outside China where Alipay users can make all payments with their smartphones […]

Skype and PayPal team up with new Send Money feature

Skype and PayPal team up with new Send Money feature

Online payment service PayPal announced it is partnering with instant messaging app Skype to allow users in 22 countries to send money within a conversation via a new feature called Send Money. According to Microsoft, as of August 2, Skype users chatting with contacts in the latest version of the Skype app can swipe right, tap Send Money […]