Mobile Wallets

Google to Phase Out Standalone Google Pay App
Google to Phase Out Standalone Google Pay App
February 22, 2024  |  Google

Google is shutting down its standalone Google Pay app to simplify its digital wallet offering. Beginning June 4, the U.S. version of the standalone Google Pay...

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Are Digital Wallets the Answer to Mixed Reality Payments Infrastructure?
Are Digital Wallets the Answer to Mixed Reality Payments Infrastructure?
February 21, 2024  |  Technology

History tends to repeat itself. For example, picture this: Bitcoin is trading above $50,000 and one of the world’s biggest technology companies just launched a...

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Western Union Expands Cross-Border Payments Partnership With Mercado Pago
Western Union Expands Cross-Border Payments Partnership With Mercado Pago
February 21, 2024  |  Partnerships

Western Union and Mercado Pago are extending their relationship and widening a cross-border payments channel between the United States, Canada and Mexico. U.S. and Canadian...

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Paytm Vows to Keep Digital Wallet Working Amid Regulatory Challenges
Paytm Vows to Keep Digital Wallet Working Amid Regulatory Challenges
February 02, 2024  |  Regulation

Paytm, an India-based digital payments firm, is facing uncertainty regarding its license as the Reserve Bank of India ordered it to stop accepting deposits after...

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Software Developer Platforms Put Lending Products at Top of Innovation Lists
Software Developer Platforms Put Lending Products at Top of Innovation Lists
January 26, 2024  |  Loans

The software publishing industry is starting to use digital wallets as a standard for processing transactions and lending products to facilitate payments. Thus, both digital...

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P2P Payments Surge as Firms Pursue ‘Everything App’ Vision
P2P Payments Surge as Firms Pursue ‘Everything App’ Vision
January 22, 2024  |  Mobile Wallets

Peer-to-peer (P2P) payments are booming, with transaction volumes rising by 25%. This surge is caused by a growing number of businesses racing into the P2P...

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EU Invites Comments on Solutions to Apple Pay Competition Issues
EU Invites Comments on Solutions to Apple Pay Competition Issues
January 19, 2024  |  ANTITRUST

The European Commission (EC) has invited comments on the commitments offered by Apple to address competition concerns related to access restrictions for contactless payments on...

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Ericsson Aims to Capture Half of African Mobile Wallet Market
Ericsson Aims to Capture Half of African Mobile Wallet Market
January 09, 2024  |  Mobile Wallets

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...

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Virtual Student IDs Enhance Connected Campus Experience With Added Security, Convenience
Virtual Student IDs Enhance Connected Campus Experience With Added Security, Convenience
January 08, 2024  |  Digital Identity

The pandemic’s push towards online learning not only accelerated the integration of online payment platforms and cashless transactions in higher education but also catalyzed the...

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