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NayaPay has become the first electronic money institution (EMI) in Pakistan, after the company was granted commercial approval to operate by the country’s central bank, according to a company announcement Thursday (Sept. 2). Get the Full Story Complete the form to unlock this article and...
HSBC Qatar is rolling out mobile payments for its personal and corporate customers as it works to digitize its payments, a press release says. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...
Card-issuing company Marqeta announced in a Thursday (July 29) press release that its platform will fuel the new virtual Google Pay balance card. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...
A new Venmo redesign will boost privacy settings and make it so that payments can’t be seen by strangers, a Tuesday (July 20) news release from parent company PayPal said. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...
Mobile wallets have an excellent track record for generating a lot of hype in the payments ecosystem, but their pre-pandemic track record for use and consumer enthusiasm was decidedly mixed. While some wallets, most notably PayPal, did well for online transactions, consumers leveraging them in...
With newfound enthusiasm for contactless transactions amid the pandemic, consumers’ preference for mobile wallets is growing undeniably — but not evenly, according to PYMNTS’ latest data. PayPal dominates in almost every category measured: shopping online, shopping in-store, by gender and by generation, it has a...
Mobile wallet use has tripled in as many years, on its way to paying for over 52 percent of eCommerce transactions by 2023, according to one study. Put another way, dreamers are awakening to mobile wallets’ wondrous qualities. Now it’s time for business to do...
Digital asset marketplace startup Bakkt is launching its eWallet app to streamline all kinds of electronic holdings, from cryptocurrencies to branded loyalty points, the company said in a Tuesday (March 30) press release. Get the Full Story Complete the form to unlock this article and enjoy...
