- November 27, 2023
Australia is set to introduce legislation governing the use of Apple Pay and other digital wallets.
The new rules, scheduled to be announced this week, would place this payment method under the same regulatory ...
- November 9, 2023
Santander, Spain’s largest bank, is set to expand its corporate banking presence in the United States.
Speaking Thursday (Nov. 9) at the Reuters NEXT conference in New York, Banco Santander Executive Chair Ana ...
- November 3, 2023
As consumers’ eCommerce activity grows, so does their use of digital payment methods.
Merchants looking to boost engagement can offer these payment options to maximize conversions.
Of all digital payment methods, PayPal, ...
- November 2, 2023
Apple’s services notched double-digit revenue growth in the quarter, and management pointed to continued consumer enthusiasm for content, subscriptions and payments.
CEO Tim Cook noted on the earnings call Thursday (Nov. ...
- October 25, 2023
Apple has reportedly launched Apple Pay Later for all qualifying U.S. residents.
Available on an invite-only basis since March, the buy now, pay later (BNPL) feature is now accessible in the Wallet app on ...
- October 20, 2023
Banks in the U.S. report a rapid increase in fraud and fraud losses, highlighting the urgent need for newer and better anti-fraud technologies. The rise of digital banking and faster ...
- October 3, 2023
PayPal Holdings has announced that customers can now add their eligible PayPal and Venmo credit or debit cards to Apple Wallet.
This integration allows users to make payments with a tap of their iPhone or Apple Watch, ...
- September 29, 2023
Apple has reportedly soft launched an iPhone Wallet app integration that provides users in the United Kingdom with their current account balances and transaction histories.
This new offering is powered by the ...
- September 28, 2023
Apple must face a lawsuit accusing it of illegally hindering competition for its payment wallet.
A federal judge on Wednesday (Sept. 27) allowed a private antitrust suit against the tech giant ...
- August 22, 2023
To regain access to a steady flow of dollars, Binance.US, the American arm of the cryptocurrency exchange, has teamed up with MoonPay, a payment startup.
Binance.US has faced numerous legal and ...
- August 22, 2023
Beyond, a revenue management solution for vacation rental managers and owners, has unveiled Tally, a payment processing solution specifically designed for the vacation rental industry.
As noted in a Tuesday (Aug. ...
- August 16, 2023
Retail subscription commerce has become increasingly popular, with more consumers asking for easier ways to seek out new content and services in a curated environment.
And there’s data to back it ...
- August 13, 2023
Is Amazon’s palm payments method a serious challenger to Apple and Google?
Or is it a “solution in search of a problem?”
A report Friday (Aug. 11) by The Wall Street Journal (WSJ) examines those questions as Amazon ...
- August 4, 2023
The convenience of Apple Pay and the addition of new products helped Apple set an all-time revenue record in the payment services category during the second quarter.
This achievement came during ...
- August 2, 2023
Since the launch of the Apple Card’s Savings account, powered by Goldman Sachs, in April, over $10 billion in deposits have been made by users.
In addition to reaching this milestone, 97% of ...
- July 13, 2023
Apple has begun offering its Tap to Pay on iPhone feature to merchants in the U.K.
The new offering, announced Thursday (July 13), lets merchants accept Apple Pay and other contactless ...
- July 4, 2023
According to estimates from the American Automobile Association (AAA), a record number of Americans — 43.2 million people — are expected to be traveling by car this July Fourth weekend. ...
- June 18, 2023
Japan is looking to boost competition among app stores and payments.
A government panel released a report Friday (June 16) saying that app store operators should not be able to force ...
- June 9, 2023
After a stellar run through the pandemic, eCommerce was humbled as consumers flocked back to physical stores in 2022 and 2023.
The wheel is turning again, as new data shows the ...
- June 9, 2023
The whole point of buy buttons is to cut to the chase, as it were, for customers who have made up their minds and want to pay. This simple approach ...
- May 10, 2023
The European Commission (EC) is reportedly seeking information about Apple Pay from retailers and Apple’s rivals.
The requests by the antitrust regulators of the EU were sent out three months after ...
- May 5, 2023
Velmie has added a card module to its composable white-label solution for FinTech companies and banks.
The new card module is part of an updated product that includes a range of new ...
- May 4, 2023
Hardware’s growing — specifically, the phones — but for Apple, services are slowing.
Drilling down into the Q2 results, the tech giant’s iPhone revenue was $51.3 billion, up from $50.6 billion ...
- April 20, 2023
Contactless cards have long been at the center of the U.K.’s payments ecosystem, but now, digital wallets are quickly entering the mix. There is also a simultaneous shift from contactless ...
- April 18, 2023
Payments firm Fiserv says it can eliminate the wait associated with new physical debit cards.
The company announced Tuesday (April 18) that its capabilities let cardholders access new or replacement cards electronically.
“Cardholders now can access ...
- April 18, 2023
For Apple, crafting a financial services ecosystem — spanning payments, credit and deposits — needs banks and FinTechs in the mix. And it is savings that can tie the far-flung ...
- April 17, 2023
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 ...
- April 11, 2023
Call it peer-to-peer or person-to-person, but P2P is taking on new significance in a troubled economy where splitting the restaurant bill or lending your friend a few dollars is a ...
- April 4, 2023
Online merchants have long used PayPal and Venmo to drive checkouts.
But in the current macro environment, for smaller online sellers to move beyond the “small to mid-sized” designation — in ...
- March 28, 2023
Launched way back in 2014, Apple Pay was supposed to ignite contactless payments, with Apple devices as the conduit.
Consumers would move beyond using the physical wallet at the point of ...
- March 28, 2023
Early Warning Services, operator of the Zelle money transfer system, is piloting a digital wallet called Paze to compete with digital wallets from Big Tech.
Paze already has a waiting list ...
- March 28, 2023
Apple has begun rolling out an installment payments program that’s built into the Apple Wallet.
The new Apple Pay Later was released to select, invited users Tuesday (March 28) and will ...
- March 6, 2023
The payment methods favored by those on stable financial footing compared to those struggling to meet bills is often a tale of living strictly within one’s means or having the ...
- February 15, 2023
Norwegian FinTech Vipps is seeking the European Union’s help in an antitrust battle against Apple.
CEO Rune Garborg told Reuters in an interview published Wednesday (Feb. 15) that the payments company ...
- February 15, 2023
Taking part in Apple’s Pay Later service might depend on your history with Apple.
The company will apparently evaluate potential customers based on their past spending with Apple, and even the ...
- February 13, 2023
With digital wallets now being used more after a years-long ramp-up, there’s a new battle brewing over which wallets consumers both know and trust with their payment credentials.
Big Tech pulled ...
- February 6, 2023
Apple’s push into financial services has been well-documented here at PYMNTS.
Key among the tech giant’s efforts to cement an ecosystem that brings higher-margin services to the forefront has been the ...
- February 2, 2023
Showing little immunity to macroeconomic headwinds crimping its hardware side, Apple services including payments and subscriptions showed strength in its fiscal 2023 first quarter.
On its FY23 Q1 earnings call on ...
- January 30, 2023
One of the worst-kept secrets in payments was finally confirmed last week. That’s when Early Warning Services (EWS) announced its plans to launch a digital bank wallet in the second ...
- January 23, 2023
The banks have two targets in the digital wallet battle — one, Apple Pay, may be easier to “beat.”
PayPal may prove to be a tougher foe.
As noted here, America’s biggest banks ...
