A Federal Reserve survey from last March found that while those 18 to 29 make up 22.4% of all mobile phone users, they account for 44% of mobile banking users. Though data show that online banking ...

An EFT payment is another name for an EFT transfer. If you’ve used online banking to move money from your checking to your savings account, you’ve used EFT technology.

For financial institutions, every transaction you carry out on your phone or online is one less that requires the assistance of a human being, but banks have to do a better job of convincing ...

Learn what Pay by Bank is and how it allows secure payments directly from your bank account. Discover its benefits and how it works for online transactions.

Phone payments: If you give a vendor your bank account information over the phone, they can initiate an EFT from the account. The umbrella of EFT payments involves a wide range of payment options.

While your phone may be the most common device to use for digital payments, some digital wallets and payment apps work with other smart devices, including smartwatches and Fitbits. Methodology ...

You no longer have to use Google's official app if you want to get started with Android Pay's tap-to-buy features. The internet giant has forged partnerships with several financial institutions ...

Curve, the London-based “over-the-top banking platform,” has added support for Samsung Pay in the U.K., making it easy for Samsung smartphone owners to pay using their mobile phone, regardless ...