50% of smartphone users in China will make mobile payments by 2020
A total of 195.3 million mobile users in China will be making proximity mobile payments this year, an increase of more than 45% compared to the previous year, according to a recent study...
Verizon, AT&T, T-Mobile US rumored to have pulled Softcard support
Mobile payment platform Softcard looks to be experiencing some operational challenges, as reports claim the m-payment consortium has laid off up to 30% of its staff.
According to Re/code, Softcard has let 60 employees go as...