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Mobile

French Bank Will Let Users Tweet Money Transfers

Source:

In France, holding a Twitter account and a bank card will be enough for anyone to tweet money.
Officials from Groupe BPCE, France's second-largest bank by branches, and its online-payment unit S-Money will unveil details of the service tomorrow at a press event in Paris. Twitter users will be able to "send money to other users easily, rapidly, securely and free of charge with a simple tweet," BPCE said last month in a statement previewing the feature.

Consumers Bullish on a Mobile Payments Future

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The more things change in the US mobile payments space, the more they seem to stay the same. The landscape continues to rapidly evolve, with many players experimenting with and launching new products. Consumers remain tepid about paying for goods and services with their phones at the point of sale, although increased exposure to mobile payments is helping drive adoption and growth, according to a new eMarketer report, “US Mobile Payments 2014: Updated Forecast and Key Trends Driving Growth.”

EBay to Split Off PayPal as Mobile Payments Gain Ground

Author:
Spencer Soper
Source:

EBay Inc. is spinning off its PayPal division, heeding demands by activist shareholder Carl Icahn and giving the business independence it can use to contend with rising competition from Apple Inc. and Google Inc.
EBay and PayPal will become independent companies in 2015, subject to customary conditions, the San Jose, California-based company said in a statement today. Chief Executive Officer John Donahoe, who said in March a full separation was “not a good idea,” won’t have an ...

Visa: Apple Pay Will Pave the Way for More Mobile Wallets that People Can Actually Use

Author:
Kevin Fitchard
Source:

Visa’s technology chief Rajat Taneja has high hopes for Apple Pay, but not for all of the reasons you might expect. He believes Apple will pave the way for a multitude of new payments apps.
Visa EVP of Technology Rajat Taneja gets understandably excited when you mention Apple Pay...

Samsung is Teaming with PayPal for Mobile Payments on a Watch

Author:
Kevin C. Tofel
Source:

The next generation of Samsung smartwatches could have a fingerprint sensor to be used for mobile payments via PayPal. Both will have to fight back against Apple Pay so banding together may make the most sense....

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