“During its WWDC speech, Apple announced a new service called Apple Pay Later that will allow consumers to make mobile and online purchases sliced into four payments over six weeks at the millions of U.S. retailers that already accept Apple Pay. The offering won’t include fees or other charges, the company said, requiring only a…
Tag: mobile wallet
Payment disruptions in digital banking – Entrust report
“Omnichannel touchpoints are increasingly crucial in digital banking: In Australia, 93% of respondents say they prefer to bank online in some form. Evidence that digital banking is the new norm. However, it is still essential to provide various digital options, as 62% say they prefer using the app from their bank or credit union, while…
India’s financial services firm Paytm raises $1B
“According to Credit Suisse, the digital payments market in India will be worth $1 trillion in the next four years, up from about $200 billion currently. According to industry estimates, more than 100 million people in India today use mobile payments services. Amazon, Google, and Samsung entered the payments market in India, leveraging an open…