Just as bills have primarily moved from mailed paper to digital, bill pay has become more digital, fueled by consumers’ adoption of mobile wallets. PYMNTS’ research found that 95% of mobile wallet users know the bill pay features mobile wallets offer, and nearly one-quarter of...
The Asia-Pacific region is poised to become a major area of growth for U.S. and U.K. merchants in the next three years, especially for specialty eTailers like Victoria’s Secret, Adidas and Sephora, which focus on a specific retail sector. And omnichannel retailers, direct-to-consumer (D2C) merchants, and online marketplaces are...
Stored payment credentials are a driving force in eCommerce, and while most consumers are using stored credentials in some way, research shows that there’s an opportunity to further increase adoption of stored credentials if security is kept at the forefront. Discussing the study “How We...
Al Maryah Community Bank (Mbank) and Dgpays Group have partnered to offer a digital wallet in the United Arab Emirates. The collaboration brings together the capabilities of Mbank’s digital bank and Dgpays’ FinTech platform to help business owners, entrepreneurs and freelancers integrate digital payments into...
Will payments in the future be made using cash, card or mobile wallet? The answer might depend on whether consumers make the purchase in person, using a mobile device or via a computer, and whether the purchaser is buying a bag of spinach or a...
After nearly a decade of holding out, Kroger is beginning to accept Apple Pay. In the past week, multiple reports of Apple Pay appearing in the grocery giant’s stores have circulated from social media (including Reddit and Twitter), and now the company is confirming the...
Millennials, born between 1981 and 1996, are the youngest entire generation who have fully reached adulthood. As well, they are the first of what we would consider to be “technology natives,” as they were born before the widespread advent of the internet but after the...
A partnership between global money transfer giant Western Union and Pan-African FinTech MFS Africa is looking to improve payment integration between Africa and the rest of the world. The deal, which is also aimed at supporting financial inclusion across the continent, will enable funds to...
Digital wallets are gaining popularity due to flexibility and convenience they offer, leading to an increasing number of consumers using them to pay for purchases in-store. In fact, according to the 2023 Global Digital Shopping Index on “How Digital Can Help SMBs Punch Above Their...
