Will BoA Give B2B Mobile Wallets A Boost?

Polished shoes and nice jacket? Check. Laptop? Yep. Business cards and document pouch? Got it. Company-issued plastic? Ha! Who needs that?

A successful business trip depends on preparation, and that includes payments. According to Bank of America’s new vision of the future, those trips — and other B2B payment activities such as buying supplies — would go much more efficiently if plastic was replaced by mobile wallets.

In a new PYMNTS interview, Karen Webster talked with Hubert J.P. Jolly, head of financing and channels in global transaction services at Bank of America Merrill Lynch, about the financial institution’s latest product launch: adding mobile wallet functionality to its suite of commercial card products.

 

Mi-Pay Group PLC (LON:MPAY) engages in assessing, managing, and mitigating fraud risks in the cardholder-not-present payment solutions market in the United Kingdom, Ireland, rest of Europe, and internationally. It provides an outsourced secure payment services platform for instant top up and digital content services primarily in the mobile sector.

Click to view all articles for the EPIC:
Or click to view the full company profile:
    Facebook
    Twitter
    LinkedIn
    Mi-Pay Group Plc

    More articles like this

    Mi-Pay Group Plc

    The future of money

    Is it a matter of time before our dollars turn digital, or is cash still king? LONG gone are the days of coins and notes stuffed in pillowcases. The inexorable march of progress has ushered in

    Mi-Pay Group Plc

    How to reduce friction at checkout with alternative payments

    Despite the fast-paced growth in online retail sales, checkout conversions and cart abandonment are still a huge problem for many retailers—particularly on mobile, where conversion rates are around half of those on desktop. While consumers spend

    Mi-Pay Group Plc

    INTERVIEW: Mi-Pay Deliver Continued Strong Metrics

    Mi-Pay Group Plc (LON:MPAY) Group CEO John Beale talks to DirectorsTalk about its final results for the year ended 31 December 2017. John talks us through the highlights, explains how its in-house cyber security, fraud and

    Mi-Pay Group Plc

    Is Amazon’s Alexa ready for person-to-person payments?

    “Alexa, pay Bob $50.” While predictions abound that Amazon will soon roll out an easy payments system for its ubiquitous voice-activated assistant, are Alexa payments really ready for prime time? The short answer is not yet — unless

    Mi-Pay Group Plc

    Mi-Pay Group PLC Trading Update, Placing and Board Changes

    Mi-Pay Group PLC (LON:MPAY), the leading provider of outsourced digital transformation and mobile payment solutions to Tier 1 Mobile Network Operators and Mobile Virtual Network Operators, has today provided a trading update for the year ended

    Mi-Pay Group Plc

    How security is the key to mobile ATM access

    Many major financial institutions are innovating with cardless ATM capabilities that allow consumers to withdraw cash using mobile devices instead of plastic cards to authenticate themselves and initiate transactions. Financial institutions view cardless ATMs as a

    Mi-Pay Group Plc

    PayPal sets the pace for the payments industry in 2018

    When eBay decided to spin-off PayPal into its own separate entity in 2014, many industry observers believed the move would give the digital payments company the ability to become more nimble in the market and achieve true