How does a QR code payment system work? We define and explain QR code payments and how merchants can accept it.
After a successful roll-out in America, which saw Apple Pay rapidly become the most popular contactless payment method across the US, Apple Pay has spread to many more countries, including the UK. Apple Pay is accepted in numerous big-name stores and restaurants, including Costa, M&S, Boots, McDonald's, Lidl and [...]
Mobile payments refer to any payment made using a mobile device. Due to our ever-increasing smartphone dependence, various ways have been developed to allow consumers to pay conveniently through a phone. To put this in perspective, statistics show that a third of UK consumers are now using their NFC-enabled [...]
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 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 [...]