As convenience stores look to gain share of consumers’ meal spending from restaurants, 7-Eleven is building its in-house delivery app into a billion-dollar business. On a call with analysts discussing its third-quarter fiscal 2023 earnings results, the convenience retail giant’s parent company, Seven & I Holdings, discussed its...
X, the social media platform formerly known as Twitter, plans to launch peer-to-peer payments this year. Doing so will add more user utility to the app, create new opportunities for commerce and showcase “the power of living more of your life in one place,” the...
5G network maker Ericsson reportedly has big plans for Africa’s mobile wallet market. The Swedish company’s software helps power more than 400 mobile wallet accounts around the world, and Michael Wallis-Brown, head of Ericsson’s mobile financial services unit, told Bloomberg News Tuesday (Jan. 9) that Africa is a crucial...
Mobile wallets have gained significant popularity in recent years, providing consumers with a convenient and fast way to make purchases without the need for cash or physical cards. The recent rise of this payment method has driven consumer acceptance of contactless payments. Around 60% of...
Mobile wallets have gained immense popularity among consumers, not only for making in-store purchases but also for their ability to manage finances and store sensitive personal information. According to a recent survey conducted by PYMNTS and ACI Worldwide, mobile wallets are now the preferred method...
T-Mobile and SpaceX have taken another step toward their plan to build global connectivity. SpaceX launched the first set of Starlink satellites with Direct to Cell capabilities on Tuesday (Jan. 2), enabling the beginning of field testing on a new service that will provide T-Mobile customers with connectivity...
In 2023, digital wallets such as Apple Pay and Google Pay gained popularity among consumers. Mobile wallets have moved from sending money to friends and family to paying bills. Digital wallet adoption seems to be more advanced in Europe, but it is also taking off...
WhatsApp is testing a new feature that will enable users to post status updates directly from the web interface. The feature is in limited beta testing and is expected to be available to more users soon, Android Police reported Tuesday (Dec. 26). Status updates have...
Dating apps have revolutionized the way people meet and connect. In the U.S., more than 70 million consumers log in to these apps each month, with 25 million logging in daily to search for dates, hookups and potential partners. Tinder, Bumble and Hinge are the...