Google Wallet has announced several updates that help users prove their age and identity. The company has also expanded the number of countries and U.S. states where different functions of Google Wallet are now available, according to a Tuesday (April 29) blog post. One update...
There’s a shift in how consumers and small businesses are conducting cross-border transactions, according to the PYMNTS Intelligence report “Global Money Movement: How Digital Wallets Are Transforming Cross-Border Payments,” a collaboration with TerraPay. The report, based on surveys of over 2,600 consumers and nearly 400...
Consumers are turning to digital wallets as their preferred method for sending and receiving money across borders, signaling a shift in global money movement. This trend, highlighted in the January 2025 report, “Global Money Movement: How Digital Wallets Are Transforming Cross-Border Payments,” a collaboration between...
Mobile wallets are well-designed for instant gratification — as that ubiquitous instrument, the mobile phone, makes it easier than ever to pay merchants or to complete a P2P transaction with speed, especially as real-time networks go live across the globe. But a smooth path between...
Google Wallet is rolling out a new experience that gives parents and guardians a way to allow their children to use their Android device to make payments and store passes with appropriate supervision. The company will roll out this update over the next few weeks...
Cross-border finance FinTech AstroPay received a payments license in Brazil. The license from the Brazilian central bank allows the company to offer its multicurrency digital wallet in Latin America’s biggest market, AstroPay said in a Thursday (Jan. 30) news release. “This expansion marks a pivotal...
The U.K. government said Tuesday (Jan. 21) that it will launch a GOV.UK Wallet later this year and then work to issue government-issued letters and identity documents virtually and make them available to people on their phones. Digital versions of a Veteran Card and a...
The concept behind tokenization is straightforward. Sensitive data (often personal information) is replaced with a non-sensitive, digital representation (token). The simple concept is helping secure consumers’ identities, crafting a digital representation of the user that travels with them throughout their online and in-store journeys and...
In the U.S., digital wallets have become popular for everyday transactions, yet their full potential remains largely untapped. While smartphones are everywhere, and digital wallets are growing in accessibility, American consumers are still hesitant to embrace the broader capabilities of these tools. According to a PYMNTS...
