WhatsApp, Centre Get Supreme Court Notice Over Payment Service

The Supreme Court on Monday issued notice to the Centre and messaging service provider WhatsAppafter a plea sought direction to restrain the app from proceeding with its payments systems unless it fully complies with RBI’s provisions. A bench of Justice Rohinton Fali Nariman and Justice Indu Malhotra sought response from WhatsApp, Law and Justice Ministry, Finance […]

Mobile Payment Platforms For Small BusinessMobile Payment Platforms For Small Business

According to a 2015 Federal Reserve Report (PDF), 87 percent of adults in the U.S. have mobile phones and are using them to shop, make payments, and do their banking. Mobile payments are the next new frontier for small businesses, because the new technology means there is going to be a scramble between those who take advantage of […]

Samsung Pay Adds Russia, Malaysia and Thailand to Mobile Payment Service

Samsung Electronics Co., Ltd. (KRX:005930) recently announced a new partnership with Russian bank Sberbank to bring its Samsung Pay service to three more countries: Russia, Malaysia and Thailand. The new partnership offers opportunities for small businesses here in the U.S. too. Samsung Pay Mobile Payment System Samsung Pay is a mobile payment system launched last […]

Mobile Payment Platforms For Small Business

According to a 2015 Federal Reserve Report (PDF), 87 percent of adults in the U.S. have mobile phones and are using them to shop, make payments, and do their banking. Mobile payments are the next new frontier for small businesses, because the new technology means there is going to be a scramble between those who take advantage of […]

Rs. 500, 1000 Notes Ban: HP Announces 50-Day Payment Holiday for Notebook Customers

Rs. 500, 1000 Notes Ban: HP Announces 50-Day Payment Holiday for Notebook Customers HIGHLIGHTS HP has sought a new plan to avoid on-going cash crunch HP’s payment holiday facility will have zero-interest EMI option Customers can buy HP products now and pay in 2017 HP India on Friday announced a 50-day payment holiday for its […]

China Leads in Digital Payment Adoption Worldwide: Nielsen

China has the highest adoption rate in the world for technology-enabled payment systems, the media reported on Thursday. In a survey of 13,000 respondents in 26 countries, 86 percent of Chinese respondents said they paid for online purchases during the past six months via digital payment systems compared with a global average of just 43 […]

Samsung Follows Apple Into China With Its Own Mobile Payment Service

South Korea’s Samsung Tuesday announced the launch of its mobile payment service in China, where it is likely to struggle in an already crowded market that arch-rival Apple entered nearly six weeks ago. The world’s second largest economy is also the world’s biggest smartphone market, and Samsung Payhas a powerful partner in China bank card […]