Airwallex review: an excellent global account – if only they accept you
Airwallex business account is not for everyone, but low fees and a good service could make it the best. We tested it and review the service.
iZettle rebrands to Zettle by PayPal
From 10 February 2021, iZettle is no longer called that. Learn more about the decision behind its new branding.
Coronavirus can be transmitted via payment terminal buttons and banknotes
Money is the ultimate carrier of coronavirus, and this is true for both cash and card machines. Here's what the research says and how to minimise spread.
What are SMS payments?
SMS payments can work for large and small companies alike, as well as charities. Find out how you can use SMS payments and if there are any advantages.
iZettle lowers UK rate, bids farewell to sliding scale
As of September 2017, iZettle simplified their transaction fees to one fixed 1.75% fee for all card payments and sales volumes.
Mobile banking, the new and easier way to bank in Pakistan
Since 1947, Pakistan’s banking sector has come a long way. The current estimated population of Pakistan exceeds 182 million out of which roughly only 7% use banking services. With a network of 12,000 branches across Pakistan the banking footprint is well established, but has also been deemed insufficient. Taking [...]
M-Pesa: Yet to make an impact in India
M-Pesa has established itself globally as one of the most successful mobile micro-finance and money transfer services. Its network consists of the following countries and regions: Afghanistan, South Africa, parts of Eastern Europe, Kenya, and India. Vodafone, India’s second largest mobile operator introduced M-Pesa in India in 2011. It has [...]
Pakistan’s Easypaisa makes banking popular and accessible
Pakistan’s first mobile based branchless banking service, Easypaisa, is the creation of Tameer Microfinance Bank and the international telecommunication giant, Telenor. Established in 2009, the service is now accessible in more than 800 cities and towns throughout Pakistan. It has an average of six million users per month. In [...]
Ufone joins mobile banking with Upaisa and Ubank
Ufone was the fourth telecommunication company to join Pakistan's mobile banking party with Upaisa. As the saying goes, it’s better late than never. It has given existing Ufone customers something to rave about. With mobile banking services being in the market a few years before Ufone’s introduction of [...]
Predicted growth in mobile payments in South and Central America
South and Central America will see a huge growth in the use of mobile phones as a means to provide access to banking services, person to person payments and remittances. This part of the world is hugely under-served by banks and it is here that mobile phone payments can make [...]
Predicted growth of use of mobile wallet and NFC payments
NFC and mobile wallet payments around the world are expected to surge in line with the growth in smartphones, as customers become more used to mobile payments.
Growth in value of mobile payments – numbers and predictions
Recent research by I.E. Market Research shows that mobile phone payments were worth 31.5 billion dollars in 2010, a slight decrease on 2009 due to the effects of the recession. This company predicts, however, that global mobile phone payments will continue to rise and be worth around 950 billion [...]
Number of mobile phones around the world – by country and region
There are approximately 5,082,665,820 mobile phones in use around the world today. Mobile phone ownership around the world is clearly highlighted in the pie chart below. We have also broken down mobile phone use by region for those countries for which data on mobile phone ownership is available. [...]
SMS payments and charities
Charities have become important users of SMS payments, both to raise money and to give direct help. What are real-life examples of this?
The bad press history of SMS payments
SMS payments had negative publicity in the press in the early years due to some unscrupulous behaviour, although this is not the case anymore.
Who is using SMS payments and mobile payments and where?
The use of the mobile phone as a wallet or payment device is growing rapidly as companies, financial institutions and customers come to grips with the technology and the possibilities that it brings for mobile payments. Here are just some case studies showing real-life examples of SMS payments and [...]
How to block premium SMS messages, step by step
Receiving nuisance premium SMS messages? Here's the general step-by-step instructions for blocking premium text messages you're receiving by mistake.
Predicted Growth in Mobile Payments in Eastern Europe
In Russia there were 224,260,000 mobile phones in July 2011, or 1.5 mobile phones per person. In the Ukraine, there were 54,377,000. Eastern Europe is a growing market for mobile phones and mobile phone payments. IE Market Research predicts that in 2015, there will be 44.6 million mobile payment users in [...]
Predicted growth in mobile payments in Asia Pacific
China has the largest number of mobile phone users in the world at the moment, with 987,580,000 mobile phones in use, closely followed by India, with 903,727,208. Japan and Indonesia are also in the top ten countries worldwide for mobile phone ownership. Asia Pacific is a big market for mobile [...]
Should I accept SMS Payments?
In a word, yes. If you want to have access to billions of customers worldwide and provide them with an easy, quick and secure way to purchase your product, then yes, you should accept SMS payments. If you want to accept micropayments, then definitely, yes, you should accept SMS payments. [...]