Mobile payments

Businesses that stick with the single gateway strategy will eventually find themselves challenged to grow with customer demands, as well as expand globally. As businesses grow, multiple payment processors are not only preferred, but required, writes Krish Subramanian, CEO and co-founder of Chargebee.

Contactless card and mobile payments are set to see significant uptake in Australia, already a world leader in contactless card acceptance, as the country starts to implement open transit payments.

Worldpay and Mastercard have formed a global strategic partnership, expanding the ways consumers and merchants connect for online and in-app payments via Mastercard’s Vocalink business.

On the surface, the Uber-Venmo partnership sounds like a coup for Venmo, getting its brand into the app that defined the ride-sharing category. But the partnership is a much bigger deal for Uber.

The Prime Day event is also a chance for Amazon to showcase a new range of devices and payment options — and to sell those devices at a discount to get them into more people's homes.

The ride-hailing giant is the largest retailer to accept Venmo payments to date, and the move is an indication of how the platform plans to make money.

The graveyard of defunct all-in-one startups includes companies like Coin, Swyp, Stratos and Plastc. But whenever one of these companies failed, its technology simply moved on to a new owner.

Since Amazon Go's announcement, there has been a rush to duplicate the company's cashierless store concept without the same level of tech investment. The latest competitors are focused on the cameras that identify items as consumers take them off of the shelves.

Entrust Datacard, which serves both sides of the physical and digital payments spectrum, sees the categories' fates as intertwined. The more momentum digital and mobile wallets have, the more opportunity they create for their plastic counterparts.

Ethiopian Airlines and CellPoint Mobile have partnered in providing its travelers with alternative payment technology.