Latest news with #mobilepayments
Malay Mail
3 days ago
- Business
- Malay Mail
Samsung Pay outage leaves South Koreans briefly unable to tap and pay
SEOUL, June 2 — Samsung Pay, a mobile payment system operated by Samsung Electronics Co, experienced a temporary disruption on Monday, its operator said. According to the Yonhap News Agency, starting around 7am, some users reported being unable to make purchases both online and offline. Samsung Electronics acknowledged the issue in a notice posted at 10.30am, confirming that the problem affecting card payments and registration had been resolved. 'The error affecting card payments and registration has been fixed, and the service is now operating normally,' the company said. 'We apologise for any inconvenience this may have caused.' However, the cause of the service failure remained unknown. Samsung Pay is a digital wallet platform that allows users to make payments using compatible Samsung smartphones and devices. — Bernama-Yonhap
Khaleej Times
28-05-2025
- Business
- Khaleej Times
UAE: 72% survey respondents prefer mobile banking apps
Driven by customers' growing appetite for seamless digital and in-person services, the UAE banking sector is undergoing a profound transformation, according to a new study. Conducted with 24 UAE banks by Arthur D. Little (ADL), the survey released on Wednesday reveals that 72 per cent of UAE respondents now prefer mobile apps as their primary banking channel, drawn to their convenience, intuitive interfaces, and personalised financial tools. This digital surge reflects a broader global trend, with the UAE's mobile banking adoption rate outpacing many developed markets, where mobile app usage averages 65 per cent, per a 2024 Statista report. Despite this digital dominance, physical branches remain vital for complex financial needs. Around 35 per cent of UAE customers still visit branches for services like loan applications and mortgages, valuing the trust and expertise of in-person interactions. High-income customers, in particular, show a nuanced preference: 70 per cent favor digital solutions for routine banking but rely on face-to-face advisory for high-value decisions. Additionally, 43 per cent of respondents regularly use self-service kiosks for tasks like cash withdrawals and account inquiries, indicating a demand for hybrid solutions that blend automation with human touch. Mobile wallet adoption is also on the rise, especially among younger and tech-savvy middle-income groups. The UAE's mobile payment market is projected to grow by 8.2 per cent annually through 2030, driven by innovations like contactless payments and digital remittances, according to a 2025 PwC report. This trend underscores the need for banks to enhance digital self-service options, such as advanced kiosks for loan processing and card issuance, alongside robust mobile wallet functionalities. Martin Rauchenwald, partner and global head of financial services at ADL, said by integrating advanced digital platforms with high-quality in-branch advisory, banks can build trust and loyalty. Seamless omnichannel strategies are key to meeting evolving customer expectations.' Rezwan Shafique, principal at ADL Middle East, added that investments in AI-powered personalization and digital literacy programs are critical to bridging the digital divide and enhancing user experiences across mobile apps, online portals, and branches. The survey highlights the growing demand for 'phygital' banking — merging digital efficiency with personalized human interactions. UAE banks are urged to adopt hybrid models, leveraging AI-driven wealth management tools and optimised remittance platforms while maintaining trusted in-branch consultations. According to banking industry experts, with the UAE's financial sector contributing 14.2 per cent to the national GDP in 2024, per the UAE Central Bank, these strategies are essential for banks to stay competitive.
Phone Arena
22-05-2025
- Business
- Phone Arena
Google Wallet users in the US get another upgrade this week
There are so many banks and credit unions in the United States that Google has been trying to add them to its Wallet support list since the app was launched back in 2022. Google Wallet adds new names to the list of supported banks and financial institutions each month, to the point that it now supports over 5,000 (via AndroidPolice). This week, Google Wallet has added three dozen banks and credit unions to its list of supported financial institutions, pushing the total number over the 5,000 mark. The list includes mostly smaller banks and credit unions, which will now be able to provide their customers with advanced mobile payment features that the bigger names offer for quite some time. Here is the full list courtesy of AndroidPolice : Access Credit Union (IL) Artesia Credit Union Ashland Credit Union Austin Federal Credit Union (TX) Bank Of Orrick (MO) Bank Of Wisconsin Dells Cloaked Concho Valley Credit Union (TX) Cross Keys Bank F&M Bank (OK) Farmers and Merchants Bank (AL) Fidelity Bank of Texas (TX) First Kansas Bank (KS) First National Bank of Litchfield (IL) First Southern State Bank (AL) First State Bank of Uvalde (TX) Fort Mcclellan Credit Union Franklin Savings Bank (ME) Great North Bank (WI) KS StateBank (KS) Mayville State Bank (MI) Metrum Community Credit Union Money Federal Credit Union (NY) MoneyLion (NY) MUFG Bank Ltd. (NY) Northwestern Bank (WI) Oregon State Credit Union Rellevate Sawyer Savings Bank (NY) Shared Debit Business Card Southwest Research Center Federal Credit Union (TX) The Bank (US-KS) The Commercial Bank (SC) TruPartner Credit Union (OH) Union Bank (MI) Wakota Federal Credit Union (MN) Google Wallet is more than just a mobile payment app | Screenshot by PhoneArena Google Wallet stopped being just a mobile payment app some time ago when the Mountain View company decided to turn it into a digital wallet where users can manage not just their credit/debit cards, but also store passes, tickets, keys, and even IDs. The only disadvantage of the digital wallet is that Google Pay is not supported by all banks (currently available in 94 countries), but that's why Google is so focused on adding new names on the list of supported financial institutions each month.
Yahoo
19-05-2025
- Business
- Yahoo
Sinch and Authvia Partner to Power Payment-Enabled Messaging Across North America
Partnership enables secure, in-message payments-powering frictionless conversational commerce and expanding Sinch's reach in mobile transactions STOCKHOLM and ATLANTA, May 19, 2025 /PRNewswire/ -- Sinch (Sinch AB (publ)) – (XSTO: SINCH), which is pioneering the way the world communicates through its Digital Customer Communications Cloud, today announced a new partnership with Authvia, the company behind TXT2PAY and a pioneer in conversational commerce. The partnership enables businesses to offer seamless, secure mobile payments directly within messaging channels such as SMS, RCS, and WhatsApp-accelerating the shift toward transaction-ready digital conversations. By natively embedding Sinch's omnichannel messaging API into Authvia's payment technology, the partnership enables businesses to move beyond static alerts to real-time, transaction-ready conversations, allowing customers to pay, confirm, subscribe, or settle balances with a single tap, without ever leaving the message thread. Sinch will become Authvia's default messaging provider, and with RCS messaging as a key focus, the collaboration positions Sinch and Authvia at the forefront of mobile innovation, transforming the SMS channel into the leading consumer engagement platform that delivers rich media experiences, including embedded carousels, suggested actions, secure links, and identity verification. "This partnership allows us to meet customers where they are with seamless communication and now, seamless transactions," said Michael Ricci, Head of Business Development. "By embedding Authvia's payment capabilities into our messaging channels, we're unlocking a powerful new dimension of customer interaction enabling businesses to engage, transact, and build trust in real time." Combining Messaging and Payments for Real-World Results Authvia's partnership with Sinch represents a major leap forward in bringing secure, frictionless payments to the channels consumers already use. From confirming a co-pay to paying a service invoice, reordering a subscription, or accepting a delivery, Sinch and Authvia make it easier for businesses to get paid, faster, safer, and with less friction. Sinch's global messaging infrastructure ensures deliverability, scale, and enterprise-grade omnichannel reach Authvia's patented TXT2PAY® technology supports secure, app-free transactions via 250+ payment processors, wallets, and banking rails Together, they provide a turnkey, scalable solution for high-growth industries including retail, subscription services, pharmaceuticals, healthcare, financial services, logistics and more. Authvia partnered with Sinch for their unmatched global reach, leadership with enterprise customers, and bold push to accelerate RCS adoption. "What excites me about this partnership is Sinch's global market leadership and how RCS, powered by Sinch, will quickly become the go-to app enterprises adopt for rich, branded, secure, commerce-led consumer engagement," said Chris Brunner, Founder and CEO of Authvia. "Together, we're empowering enterprises to connect more meaningfully, engage more intelligently, and drive commerce like never before, by meeting consumers where they are: on their mobile devices and in messaging." Authvia's platform integrates with over 250 payment processors including U.S Bank, Worldpay, Fiserv, Global Payments, Chase, and hundreds more. Additionally, Authvia supports digital wallets like Apple Pay, Google Pay and PayPal. This means businesses can adopt payment-enabled messaging using their existing infrastructure all while delivering a world class customer experience. This partnership advances Sinch's global mission to create more meaningful, results-driven customer experiences enabling businesses to move beyond one-way alerts to two-way, action-oriented conversations. Whether it's confirming a flight change, paying a co-pay, completing a purchase, or accepting a delivery, messaging becomes a powerful channel for real-time outcomes. With this integration, Sinch continues to lead the way in redefining how the world connects, communicates, and now transacts. For more information, please visit For more information please contact:Janet Lennon, Director of Global PR & |1.206.914.6175 This information was brought to you by Cision View original content: Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
19-05-2025
- Business
- Yahoo
Sinch and Authvia Partner to Power Payment-Enabled Messaging Across North America
Partnership enables secure, in-message payments-powering frictionless conversational commerce and expanding Sinch's reach in mobile transactions STOCKHOLM and ATLANTA, May 19, 2025 /PRNewswire/ -- Sinch (Sinch AB (publ)) – (XSTO: SINCH), which is pioneering the way the world communicates through its Digital Customer Communications Cloud, today announced a new partnership with Authvia, the company behind TXT2PAY and a pioneer in conversational commerce. The partnership enables businesses to offer seamless, secure mobile payments directly within messaging channels such as SMS, RCS, and WhatsApp-accelerating the shift toward transaction-ready digital conversations. By natively embedding Sinch's omnichannel messaging API into Authvia's payment technology, the partnership enables businesses to move beyond static alerts to real-time, transaction-ready conversations, allowing customers to pay, confirm, subscribe, or settle balances with a single tap, without ever leaving the message thread. Sinch will become Authvia's default messaging provider, and with RCS messaging as a key focus, the collaboration positions Sinch and Authvia at the forefront of mobile innovation, transforming the SMS channel into the leading consumer engagement platform that delivers rich media experiences, including embedded carousels, suggested actions, secure links, and identity verification. "This partnership allows us to meet customers where they are with seamless communication and now, seamless transactions," said Michael Ricci, Head of Business Development. "By embedding Authvia's payment capabilities into our messaging channels, we're unlocking a powerful new dimension of customer interaction enabling businesses to engage, transact, and build trust in real time." Combining Messaging and Payments for Real-World Results Authvia's partnership with Sinch represents a major leap forward in bringing secure, frictionless payments to the channels consumers already use. From confirming a co-pay to paying a service invoice, reordering a subscription, or accepting a delivery, Sinch and Authvia make it easier for businesses to get paid, faster, safer, and with less friction. Sinch's global messaging infrastructure ensures deliverability, scale, and enterprise-grade omnichannel reach Authvia's patented TXT2PAY® technology supports secure, app-free transactions via 250+ payment processors, wallets, and banking rails Together, they provide a turnkey, scalable solution for high-growth industries including retail, subscription services, pharmaceuticals, healthcare, financial services, logistics and more. Authvia partnered with Sinch for their unmatched global reach, leadership with enterprise customers, and bold push to accelerate RCS adoption. "What excites me about this partnership is Sinch's global market leadership and how RCS, powered by Sinch, will quickly become the go-to app enterprises adopt for rich, branded, secure, commerce-led consumer engagement," said Chris Brunner, Founder and CEO of Authvia. "Together, we're empowering enterprises to connect more meaningfully, engage more intelligently, and drive commerce like never before, by meeting consumers where they are: on their mobile devices and in messaging." Authvia's platform integrates with over 250 payment processors including U.S Bank, Worldpay, Fiserv, Global Payments, Chase, and hundreds more. Additionally, Authvia supports digital wallets like Apple Pay, Google Pay and PayPal. This means businesses can adopt payment-enabled messaging using their existing infrastructure all while delivering a world class customer experience. This partnership advances Sinch's global mission to create more meaningful, results-driven customer experiences enabling businesses to move beyond one-way alerts to two-way, action-oriented conversations. Whether it's confirming a flight change, paying a co-pay, completing a purchase, or accepting a delivery, messaging becomes a powerful channel for real-time outcomes. With this integration, Sinch continues to lead the way in redefining how the world connects, communicates, and now transacts. For more information, please visit For more information please contact:Janet Lennon, Director of Global PR & |1.206.914.6175 This information was brought to you by Cision View original content:
