Category Financial services

Peer-to-peer payments come to Snapchat but what are the implications for retail banks?

The trend towards increased peer-to-peer payments has reached a new milestone with news that social network Snapchat is partnering with Square, a payment processing provider, to allow users to send money to friends. Snapchat, which was launched in 2011 and reportedly has more 100 million active users, is the first social network to tap into

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The world of mobile payments in October 2014

October 2014 saw several interesting developments within the mobile-payment industry- arguably one of the fastest developing markets at the moment. Facebook The rumour-mill is in full force that Facebook is planning to introduce a peer-to-peer payments function. Leaked screenshots suggest that Facebook Messenger is planning for a feature which will allow friends to send each

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