Tag: Mobile Payments

7-Eleven’s 7Pay Mobile Payments app Gets Hacked Within Days After its Launch

Whenever a new payment service is launched in any part of the world, there is some initial excitement. In most cases, such launches go off without a hitch. That was not the case for 7-Eleven’s new mobile payment service known as 7Pay. In Japan, hundreds of people have had money stolen through this service in the first few days after its launch. Not a good sign for the company, and …
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What Is Electroneum?

There are many ways to approach the taskĀ of creating a valuable cryptocurrency. Bitcoin will remain the top cryptocurrency for quite some time to come, but things can always change in the future. Whether or not Electroneum has what it takes to rival the world’s top cryptocurrency remains to be determined. This particular project certainly looks interesting enough to play a role of importance. An Overview of the Electroneum Project Unlike …
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Retailers Dislike Cash and Cashless Payments, So What About Bitcoin?

For people who travel quite a bit every year using cash is pretty much a no-go. Dealing with currency conversions is a hassle, and it just feels awkward to deal with foreign currency. Moreover, a lot of travel accommodation services are no longer accepting cash payments. At the same time, several countries will refuse to deal with card payments. The Tug-of-war between Cash and Cashless Payment methods will never please …
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Bitcoin Adoption Could Benefit From Centralized Spending Solutions

In the world of mobile payments, there are far too many options to choose from these days. Fragmentation of the mobile payments industry may seem beneficial to the consumer, but without streamlined payment options most consumers can use wherever they go, there is still a lot of work to be done. So far, this leaves a lot of room for Bitcoin, albeit its adoption rate is still relatively low. Incentivisation …
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