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Mobile Money

  • Indian Flag

    Airtel, Vodafone eye bids for Indian banking licences Edit Post

    India’s mobile operators are expected to be among those submitting applications next week (2 February) to become so-called payments banks. The new type of bank, which can cash-in, cash-out plus handle money transfers, are intended to lure in those users outside the conventional banking sector. The Indian government hopes to see the successful applicants target low-income households, ...

  • number26

    Mobile bank Number26 says the numbers add up in its favour Edit Post

    German startup Number26 — which bills itself as a radical, mobile-first alternative to current retail banking — has begun accepting deposits from pre-invited customers in Germany and Austria. Customers who respond to one of the bank’s invites are promised a sign-up process lasting only eight minutes (and verified by a video call). Transactions are displayed on a ...
  • starbucks

    Starbucks looks to advance orders to maintain mobile payments momentum Edit Post

    Starbucks is to rollout a new service across the US that enables customers to order coffee on their mobile device and then collect it in-store — with CEO Howard Schulz expecting a boost to both mobile payments and revenue. The coffee chain launched Mobile Order and Pay in Portland in December 2014 and will now expand ...