Mobile Payments

Apple Claims Expanding Reach in Finance with 12M Credit Card Users and US$10B in Savings Balances

Apple has been steadily expanding its foothold in the financial services industry, with new data released by the company revealing more than 12 million users of its Apple Card credit card product, and US$10 billion in total balances in Apple

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PPRO Appoints new CCO and CMO

PPRO, a leading digital payment platform based in London, has announced the appointment of two senior leader. Eelco Dettingmeijer as Chief Commercial Officer and Mariette Ferreira as Chief Marketing Officer. These strategic hires come at a time when PPRO is

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Giesecke+Devrient Steps Up Stake Ownership in Netcetera to 95%

Giesecke+Devrient (G+D), headquartered in Munich, has increased its ownership in the software firm Netcetera to 95%. This move, completed in January 2024, marks a strategic enhancement of G+D‘s offerings in digital payment and banking solutions. Building on its initial announcement

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New SNB Study Reveals Critical Role of Card Schemes and Banks in the Contactless Payment Usage

Financial intermediaries, including card schemes and issuing banks, are playing a critical role in the use and promotion of new payment methods in Switzerland. A 2023 research by the Swiss National Bank (SNB) revealed that the rules and standards set

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6 Payments Trends to Watch in 2024 According to Visa

The payments industry is nothing, if not constantly changing. And 2024 promises to bring its fair share of change. Visa identified 6 payment trends to watch in 2024, such as the return of leisure travel and the rise of AI.

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Payrexx Secures First Series A Investment

Payrexx AG is starting its Series A financing round: INS Holding AG is supporting the Swiss online payment platform for SMEs with an amount of around CHF 2.5 million. The resources will be used to improve the existing offering and

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Visa Payment Monitor Schweiz 2023

Wenn es um Geld geht, greifen Konsumenten in der Schweiz immer häufiger zum Smartphone. Das zeigen die Ergebnisse der dritten Auflage des Schweizer Visa Payment Monitors in Zusammenarbeit mit forsa. Laut der repräsentativen Onlinebefragung unter 1000 Menschen in der Schweiz

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SumUp Secures €285 Million Funding Round Amidst Global Fintech Fluctuations

SumUp, a London-based fintech company with German and Swiss origins, has recently raised approximately €285 million (around US$307 million) in growth funding. This funding comes at a time when the fintech market is experiencing notable fluctuations, making SumUp’s successful capital

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DACH Payment Survey: Contactless Debit Card Preferred, but Cash Is Still King

Cash is the primary form of payment across Europe, being most frequently used in Austria and Germany and least frequently used in Finland. However, the frequency of payment method usage varies greatly between countries and age groups. The characteristic of

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PPRO Expands Its Payment Method Portfolio with Twint

London based Digital Payment Solution provider PPRO has integrated Swiss payment method Twint onto its platform. Processing over 386 million transactions in 2022 alone, Twint is the preferred way to pay for more than half of the Swiss population and

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