Analysis of News relating to the Digital Money Ecosystem

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Analysis of News relating to the Digital Money Ecosystem

Rating Mobile Pay Apps - WDTN.com

19/09/2018 Link to source

Rating Mobile Pay Apps CNN - Your smartphone is replacing your wallet. Mobile payment apps like Venmo, Zelle and the Cash app are quickly replacing cash when it comes to paying friends and family. All three allow you to link up your bank account, type in a dollar amount, and ...

Context

LINK UK's cash machine network#/sage/Payment_LINK#
LINK is the UK's cash machine network. Virtually every cash machine in the UK is connected to LINK,which provides the only route through which debit card and ATM card issuers can offer nationwide access to cash.
https://shiftthought.s3.eu-west-2.amazonaws.com/spaces/digital-money/images/icons/venmo.pngvenmo
Venmo offers the Venmo app on iPhone, Android, and Blackberry in the USA, to make payments and transfer money.
https://shiftthought.s3.eu-west-2.amazonaws.com/spaces/digital-money/images/framework/digitalcontent.pngDigital Content
Digital Content (DC) is the category under which we classify consumer payements related to purchase of digital content and services. This includes purchase of games, music downloads and other typically small value payments from consumers to companies.
https://shiftthought.s3.eu-west-2.amazonaws.com/spaces/digital-money/images/framework/mobilepayment.pngMobile Payment
Mobile payment refers to the use of a mobile device as a channel to initiate payments. This includes both local and remote payments, as well as the use of the mobile device to accept payment (mPOS).
LINK
LINK is the UK's cash machine network. Virtually every cash machine in the UK is connected to LINK,which provides the only route through which debit card and ATM card issuers can offer nationwide access to cash.
https://shiftthought.s3.eu-west-2.amazonaws.com/spaces/digital-money/images/icons/venmo.pngvenmo
Venmo offers the Venmo app on iPhone, Android, and Blackberry in the USA, to make payments and transfer money.
https://shiftthought.s3.eu-west-2.amazonaws.com/spaces/digital-money/images/icons/venmotouch.pngVenmo Touch UK
Venmo Touch is a Braintree & Venmo product. Currently only available to Braintree merchants for use in iOS apps distributed in the USA. It is meant for accepting payments in an iOS app, and claims to allow customers to checkout with one touch.
https://shiftthought.s3.eu-west-2.amazonaws.com/spaces/digital-money/images/icons/venmotouch.pngVenmo Touch
Venmo Touch is a Braintree & Venmo product. Currently only available to Braintree merchants for use in iOS apps distributed in the USA. It is meant for accepting payments in an iOS app, and claims to allow customers to checkout with one touch.
https://shiftthought.s3.eu-west-2.amazonaws.com/spaces/digital-money/images/icons/venmo.pngVenmo USA
Three basic functions: Pay, Charge and Trust. Similar to Paypal, allows people to make cash transactions without the hassle of carrying cash. Does not involve mobile carriers. Does not charge fees to load on to account, send and receive money. Will c
https://shiftthought.s3.eu-west-2.amazonaws.com/spaces/digital-money/images/icons/zelle.pngZelle (replacing ClearXchange)
Nineteen U.S. financial firms -- including titans such as JPMorgan Chase & Co., Bank of America Corp. and Wells Fargo & Co. as well as regional lenders and credit unions have signed up for a new real-time payments network dubbed Zelle.
https://shiftthought.s3.eu-west-2.amazonaws.com/spaces/digital-money/images/stdefault.pngMobile
This relates to special considerations for use of Mobile as a channel of access for digital money services.
https://shiftthought.s3.eu-west-2.amazonaws.com/spaces/digital-money/images/stdefault.pngMobile Payment
Mobile payment refers to the use of a mobile device as a channel to initiate payments. This includes both local and remote payments, as well as the use of the mobile device to accept payment (mPOS).
https://shiftthought.s3.eu-west-2.amazonaws.com/spaces/digital-money/images/icons/venmo.pngVenmo
Three basic functions: Pay, Charge and Trust. Similar to Paypal, allows people to make cash transactions without the hassle of carrying cash. Does not involve mobile carriers. Does not charge fees to load on to account, send and receive money. Will c
https://shiftthought.s3.eu-west-2.amazonaws.com/spaces/digital-money/images/icons/zelle.pngZelle (replacing ClearXchange)
Nineteen U.S. financial firms -- including titans such as JPMorgan Chase & Co., Bank of America Corp. and Wells Fargo & Co. as well as regional lenders and credit unions have signed up for a new real-time payments network dubbed Zelle.

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