Mobile Payments

PayPal buddies with UnionPay for European payments

PayPay is making it easier for European e-commerce companies to attract Chinese customers through a partnership with UnionPay.

Ant Financial ups its biometrics game with $70m EyeVerify buy

Alibaba’s FinTech subsidiary Ant Financial is boosting its biometric capabilities through the acquisition of Kansas City-based EyeVerify.

PayPal heads to the checkout with MasterCard deal

PayPal and MasterCard are expanding their partnerships to the checkout by increase PayPal's footprint at the point of sale through contactless payments.

Iatai swipes $5m for Latin American and Caribbean services

Iatai Enterprises, a FinTech and InsurTech company serving Latin America and the Caribbean, has raised $5m in a funding round. The capital comes from private equity fund CASEIF III LP.

Boku adds $13.7m for bigger carrier bills

Carrier billing company Boku has raised $13.7m in new venture funding. The round was led by a consortium of UK investors, including angels Andrew Black and Robert Markwick.

Paytm pockets $60m of $300m target

One97 Communications, which operates Indian m-commerce platform Paytm, has raised $60m as a first step towards reaching a targeted $300m for its new round of funding.

AliPay and WeChat granted Hong Kong digital wallet licenses

Two of China’s biggest mobile payments players AliPay and WeChat, have won approval to operate digital wallets in Hong Kong. It’s seen as a major step towards international expansion.

BluePay taps CardFlight for mobile EMV solution

US payment processing firm BluePay is partnering with New York startup CardFlight to bring its EMV mobile point-of-sale (POS) solution to clients.

Pharmacy group CVS launches own mobile pay app

US pharmacy chain operator CVS has rolled out a new mobile payment solution for customers in-store and online.

Mozido brings mobile wallet to Taiwanese banking consortium

Taiwan’s banks are taking another step towards creating a cashless society and partnering with mobile payments provider Mozido to adopt its HCE technology.
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