Mobile Wallets

Mobile Wallets
Facebook, Indonesian Tech Firms Team On Mobile Pay Proposal
April 20, 2020

Indonesia could be the next country to accept mobile payments. Reuters reported three of the nation’s financial technology companies are collaborating with Facebook Inc. to seek permission to launch mobile payments in the Southeast Asian country. Indonesia is one of the largest markets for Facebook and...

Mobile Wallets
Lost Wallets: Mobile Wallets Stuck In Low Gear, Lagging Cards And Cash
April 09, 2020

Though they’ve overcome serious technical hurdles, work well, and are now in the hands of billions of smartphone-owning consumers, mobile wallets including those from Big Tech players Apple and Google are starving for share as Q1 2020 usage slipped below an unimpressive 2019. Between March...

New Data: 95 Pct. Of Consumers Don’t Use Mobile Wallets For In-Store Purchases
April 06, 2020

Among its many profound impacts, the COVID-19 pandemic has dramatically altered how consumers shop. Even before large-scale stay-at-home policies went into effect, most consumers sought to limit direct contact with people and objects as much as possible when they went out. One might expect that...