mobile payments

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Grab, the Uber rival in Southeast Asia, is now officially also a digital payments company

 Grab is best known for rivaling Uber in Southeast Asia, but today the company took a major step into becoming a fintech player, too.
That’s because the ride-sharing firm, which recently raised $2 billion from SoftBank and China’s Didi Chuxing, rolled out support for its GrabPay service among third-party merchants for the first time today.
Grab is present in seven markets across… Read More

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Verifone, FIS and Modo are creating a new way for consumers to pay with loyalty points

modo Verifone, FIS and digital payments startup Modo announced a new system that will enable customers to pay for any merchandise they want using only accrued credit/debit loyalty points. The novel part of this system is that consumers can purchase anything they want…not just select merchandise available at e-commerce portals or specific to single brands. Merchants with Verifone credit… Read More

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