Challenger banks add location-based payments to mobile apps

“On Friday, Revolut introduced a feature called ‘Near Me’ which lets its customers find other Revolut customers using the same feature and send them money without knowing their contact details. On Monday, Monzo rolled out a capability called ‘Nearby Friends’… When the user opens Nearby Friends, Monzo generates a token representing the user through its […]

Read the rest of Challenger banks add location-based payments to mobile apps at NFC World.

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