Alipay, a leading player in China's mobile payment market, introduced a new contactless payment function called Tap! in July. This initiative utilizes near-field communication (NFC) technology to offer a seamless payment experience. Unlike the prevalent QR code-based payments, Tap! allows
The rise of contactless and secure transactions has paved the way for innovative payment solutions, and SoftPoS technology, or Software Point of Sale, is one such advancement revolutionizing the landscape. This cutting-edge technology allows merchants to accept card payments directly on smartphones
Alipay has introduced a groundbreaking payment function, Tap!, designed to challenge the dominant QR code-based mobile payment system in China. This innovative feature leverages near-field communication (NFC) technology, enabling consumers to make payments simply by placing their phones near a
In today’s fast-paced digital world, mobile banking apps have transformed the way we handle our financial transactions. These apps bring the convenience of banking right to our fingertips, eliminating the need to visit physical branches. Among the various banking apps available, iMobile by ICICI B
South Korea's Naver Corp. has launched a groundbreaking initiative in collaboration with WeChat Pay to extend the reach of its mobile payment platform, Naver Pay, across China. This strategic move represents the first instance of a South Korean company offering QR code-based payment and online
In an effort to enhance financial inclusion and provide more comprehensive services to its customers, PostBank Uganda has partnered with Western Union to introduce international money transfer capabilities with its Wendi mobile wallet. This collaboration promises to bring global financial