What the British Empire Can Teach Us about Mobile Payments
The empire on which the sun never sets may be long gone, but British start-up mPowa aims to replicate its glorious past in the mobile payments field....
Category: Credit Card Processing Blog
U.S. Credit Card Charge-offs, Delinquencies Keep Falling
US credit card charge-offs fell to 4.19% in August; the delinquency rate dropped to 2.32% - the lowest ever; the monthly payment rate rose to an all-time high....
U.S. Savings Rate Dips as Demand for Consumer Loans Spikes
Household borrowing is on the rise again and the growth rate of consumption spending has been outpacing that of personal income since Q2 2009....
How Is Mobile Money Doing in Africa?
M-Pesa's track record clearly indicates that consumers in African countries are more than willing to use mobile payments, if offered on reasonable terms....
GroupOn Takes on Square
GroupOn is the latest company to launch a Square-like mobile payments service and its payment processing proposal looks quite compelling....