Axis Bank has agreed to acquire mobile payments wallet provider FreeCharge from e-commerce company Snapdeal for Rs. 385 crore. The latest deal comes just a day after Snapdeal board approved Flipkart’s $900- $950 million buyout offer.
Continue reading “Axis Bank acquires mobile payment firm FreeCharge for Rs. 385 crore”
Samsung has launched its mobile payment platform, Samsung Pay in Korea via first public trial. Samsung Pay is currently available to a select group of users with the Galaxy S6 and S6 Edge smartphones.
Continue reading “Samsung Pay trials kick start in South Korea”
Samsung will announce a new Gear smartwatch that will support NFC based mobile payments, as per a report from Reuters. The South Korean company is expected to launch the smartwatch in second half of the year.
Continue reading “Samsung’s next smartwatch said to support NFC based mobile payments”
Samsung announced its mobile payment platform, Samsung Pay in March this year. The service that will work on its flagship phones – Galaxy S6 and Galaxy S6 Edge will be launched in September, as per a Bloomberg report.
Continue reading “Samsung Pay launch delayed till September”
Google is said to announce a new mobile payment service at the I/O conference scheduled on 28 an 29 May. Now a new report from New York Times states that the search giant will launch Android Pay and revamp Google Wallet with different featuers.
Continue reading “Google and Apple said to give its mobile payment services an overhaul”
According to a Korean publication report on Thursday, Samsung’s mobile payment system Samsung Pay is likely to go live in South Korea and the US in second half of 2015, says Park Jin-young, company’s Managing Director. Continue reading “Samsung Pay with smartwatch compatibility is likely to debut in H2, 2015: Report”
Samsung has announced a new mobile payment service and it is dubbed as Samsung Pay. The new payment platform will work on both Galaxy S6 and Galaxy S6 Edge.
Continue reading “Samsung Pay mobile payment platform announced”
Google has officially acquired, mobile payment solution company Softcard following reports last month. Softcard is backed by Verizon, AT&T, and T-Mobile. Financial terms of the deal were not disclosed.
Continue reading “Google acquires mobile payment company Softcard to boost mobile wallet”
Google is developing a mobile payment service, according to a latest report from The Information. Dubbed as ‘Plaso’, the service will allow users to make payments from your Android phone by simply saying your initials at the payment counter.
Continue reading “Google testing mobile payment service ‘Plaso’: Report”
Google is in talks to buy mobile payment company Softcard, according to a latest report from TechCrunch. The tech giant has made an offer for an amount less than $100 million, according to a person familiar with the matter.
Continue reading “Google to reportedly buy mobile payment company Softcard”
Apple finally sent out press invites for an event on September 9th where it is expected to announce the iPhone 6. Now, fresh reports are claiming that the company has signed up with major mobile payments players for an iPhone wallet.
Continue reading “Apple reportedly teams up with Visa, AmEx and Mastercard for iPhone Wallet”
It has been a long time since Google launched Google Wallet, but we haven’t seen any major updates to lately. Today, Google went live with a teaser to show that a new version of Google Wallet will be coming and have also set up an invite page where all the people interested in trying the update can request an invite.
The future of NFC (Near Field Communication) looks bright as engineers at Google now claim that NFC chips will eventually replace bar codes and make mobile payments a lot easier.
Continue reading “The future of mobile payments using Google Wallet and NFC”
Paymate, which is one of the oldest and largest mobile payment company, now powers Inter Bank Mobile Payment Service (IMPS) in India. Paymate already offers online bill payments, mobile and DTH recharge, pre-paid wallets and train ticket bookings for both consumers and enterprises. Continue reading “Paymate powers Inter Bank Mobile Payment Service in India”
Visa Inc. the world’s largest retail electronic payments network and Monitise plc leaders in the development and operation of mobile financial services, today announced the formation of a joint venture that will provide a technology platform for financial institutions and mobile network operators in India to offer a range of mobile financial services to consumers in the country Continue reading “Visa and Monitise form JV to offer mobile financial services in India”
