Paytm Adopts IMPS For Merchant Payments

Online payment platform, Paytm.com has announced the adoption of Immediate Mobile Payments Service, IMPS for Merchant Payments. IMPS (Immediate Mobile Payment Service) is an instant, 24×7, electronic fund transfer service through mobile phones. This ...

xpWallet launches Mobile Wallet payment solution for Merchants

xpWallet has launched a new NFC merchant payments product for moblie operators, retail chain-stores, utility companies and mobile financial service providers. This new product will not only boost mobile money transactions but will also provide ...

Juniper Research: NFC payments will hit $74 billion by 2015

Juniper research expects that mobile payments initiated by near field communication (NFC) will skyrocket to $74 billion by 2015. In very much the same way that credit cards eliminated the need to carry around wads of cash, NFC aims to eliminate ...

Facebook partners with Telecom Operators in US for Payments

Facebook has partnered with some top telecom operators in US to facilitate mobile payments, the company announced Monday. The company’s new partners include AT&T, T-Mobile USA and Verizon, among others. Under the new deal, consumers will ...

Mobile Payments in US to reach $670 Billion by 2015

Mobile payment is an alternative form of payment where a consumer uses a mobile phone to pay instead of cash, cheque or a credit card. Consumers normally use this method to pay for music, videos, ringtones, online game subscription of items, ...

NFC Mobile Payments to reach $50 Billion Globally by 2014

A latest Juniper Research report indicates that global NFC mobile contactless payment transactions may be on pace to approach $50 billion worldwide by 2014. Based on the findings of Juniper’s research, prospects for NFC’s growth have improved ...