mobile payment
Contactless payment market to reach $17.56 billion by 2021
The contactless payment market is expected to grow from USD 6.70 Billion in 2016 to USD 17.56 Billion by 2021, at a Compound Annual Growth Rate (CAGR) of 21.2%, according to …
Encryption securing money transfers on mobile phones can be broken
A group of researchers has proved that it is possible to break the encryption used by many mobile payment apps by simply measuring and analysing the electromagnetic radiation …
Mass adoption of mobile payment services derailed by security, privacy concerns
Evaluating the mobile payment preferences of 1,217 consumers from the U.S., a new Research Now survey revealed that 17 percent of respondents who did not make holiday …
Mastercard is trying out purchase verification with selfies
Five hundred US MasterCard users will soon be testing out the company’s new system for quickly processing of digital payments, without having to input a PIN or …
CurrentC mobile payment system hacked, user info stolen
CurrentC, the mobile payment service backed by the Merchant Customer Exchange (MCX), has suffered a data breach. “Within the last 36 hours, we learned that unauthorized …
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