Mobile Wallets

Citcon and Alipay Partner to Offer International e-Wallet Payments
Citcon and Alipay Partner to Offer International e-Wallet Payments
December 07, 2023  |  Payment Methods

Payment service provider Citcon has launched a partnership with cross-border mobile payment platform Alipay+. The collaboration, announced in a news release Thursday (Dec. 7), is designed to allow...

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US Retailers Benefit From Offering APAC Travelers Their Preferred Payment Methods 
US Retailers Benefit From Offering APAC Travelers Their Preferred Payment Methods 
December 06, 2023  |  Payment Methods

Wei Jiang, co-founder, president and COO at Citcon, told PYMNTS in a recent interview that the travel rebound is a long-standing trend — and one that...

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Nearly 1 in 5 Social Media Shoppers Used PayPal for Their Most Recent In-App Purchase
Nearly 1 in 5 Social Media Shoppers Used PayPal for Their Most Recent In-App Purchase
December 06, 2023  |  Social Commerce

Social media platforms like Facebook, Instagram and TikTok have revolutionized the way consumers shop and interact with brands, with each channel meeting different consumer interests...

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Cash Not King in India as More Than 50% of Shoppers Use Digital Wallets to Shop
Cash Not King in India as More Than 50% of Shoppers Use Digital Wallets to...
December 04, 2023  |  Mobile Wallets

India, traditionally reliant on cash, embarked on a digital payments journey 15 years ago. The process was marked by key milestones like the introduction of...

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PayGround Raises $19.7 Million to Grow Healthcare Payments Platform
PayGround Raises $19.7 Million to Grow Healthcare Payments Platform
November 28, 2023  |  Investments

PayGround raised $19.7 million in a Series A funding round to support the growth of its healthcare payments platform. The company will use the capital...

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Apple Faces Lawsuit Over Apple Cash From Venmo, CashApp Users
Apple Faces Lawsuit Over Apple Cash From Venmo, CashApp Users
November 20, 2023  |  Apple

Apple is reportedly facing a lawsuit filed by four users of Venmo and Cash App.  The lawsuit alleges that Apple has abused its market power in the...

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Forty Percent of Millennials Use Mobile Wallets to Pay Bills the Day They’re Due
Forty Percent of Millennials Use Mobile Wallets to Pay Bills the Day They’re Due
November 15, 2023  |  Mobile Wallets

The popularity of digital bill payments is increasing as more and more consumers seek convenience and efficiency in managing their finances. In “Digital Bill Payments:...

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Worldline Offers Tap to Pay For Merchants in France
Worldline Offers Tap to Pay For Merchants in France
November 14, 2023  |  News

Worldline says its large merchant clients in France can now offer Apple’s tap-to-pay. The payments firm announced Tuesday (Nov. 14) that merchants can use the iPhone-based payment...

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Report: $27 Million in Crypto Swiped From Binance-Linked Wallet
Report: $27 Million in Crypto Swiped From Binance-Linked Wallet
November 13, 2023  |  Security & Fraud

A hacker reportedly stole $27 million in cryptocurrency from a Binance-connected wallet. The stolen tether funds were converted to ether before being transferred to other...

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