Digital Wallets news and trends

55% of High-Earning Consumers and 79% of Gen Z Use Digital Wallets
Mobile Wallets // May 02, 2024

Whether shopping online or in person, an increasing number of consumers are embracing digital wallets. But the appeal of digital wallets — which include Apple Pay, Google Wallet, PayPal and others — doesn’t end with shopping. Digital wallets can also provide other features intended to make the lives of users easier, such as...

Google Transitioning Fitbit Pay to Google Wallet in Most Countries
Payment Methods // April 30, 2024

Google is transitioning its Fitbit Pay contactless payments to Google Wallet in most countries. “Google Wallet is now available for all Fitbit devices that support contactless payments,” a message on the Fitbit Pay web page said. “Fitbit Pay will no longer be available starting July 29, 2024.” There is an exception to that in...

Online Gaming and Instant Payments Drive Entertainment’s Digital Adventure 
Digital Payments // April 30, 2024

In line with the digital transformation sweeping across industries, Six Flags has embarked on a digital transformation initiative aimed at redefining the guest experience in theme parks. Central to this endeavor is the integration of artificial intelligence (AI) technologies aimed at transforming every aspect of the...

Vinted Solves Resale Profitability Problem by Spreading Its Income Sources
Retail // April 29, 2024

As resale marketplaces struggle to turn a profit, Vinted appears to have cracked the code, diversifying its platform to bring in revenue from as many parts of the experience as possible. The company, a consumer-to-consumer online fashion resale marketplace in Europe, announced Sunday (April 28) that it achieved its...

Interviews & Exclusives
Discover Global Network Looks to Customer Shifts to Define Innovation

April 24, 2024
Technological transformation is at the heart of both modern commerce and payments innovation. With technology as the driving force, consumers are demanding more than transactions from their payment experiences; they seek payment methods that seamlessly integrate into their shopping journeys, whether those journeys are taking place online or offline, or a combination of the two. […]

Mastercard Brings Commercial Cards to Digital Wallets

April 18, 2024
Continuing the industry’s migration of business payments and expense management to digital platforms, Mastercard announced today (April 18) that it is bringing its commercial cards to mobile wallets. The move comes in...

Will Virtual Card Numbers Spark a Rush to Spend Apple Cash?

April 10, 2024
For Apple — and as been seen already with Block (formerly Square) — the drive is to get consumers to spend the cash, rather than just bank it. Apple, of...

GenZ Loves Their Digital Wallets

April 09, 2024
Digital wallets such as Apple Pay and Google Wallet provide consumers with convenient and secure ways to make in-store and online purchases without having to put sensitive credit or debit card data at risk....

Quick Reads
Google Transitioning Fitbit Pay to Google Wallet in Most Countries

April 30, 2024
Google is transitioning its Fitbit Pay contactless payments to Google Wallet in most countries. “Google Wallet is now available for all Fitbit devices that support contactless payments,” a message on the Fitbit Pay web page said. “Fitbit Pay will no longer be available starting July 29, 2024.” There is an exception to that in three countries; Fitbit devices will continue to will continue to […]

Reem Finance and Visa Partner on Digital Payments in UAE

April 29, 2024
Reem Finance, a financial services provider in the United Arab Emirates (UAE), has partnered with Visa to expand its offering of digital payment solutions. With the new strategic partnership agreement signed by...

PSCU/Co-op Solutions Adds Amazon One to Digital Wallet Integrations

April 23, 2024
PSCU/Co-op Solutions has added Amazon One to its suite of digital wallet integrations for client card issuers. This pay-by-palm solution is now available to credit unions on a pilot basis and is expected to be generally...

EU Regulators Set to Accept Apple’s Proposals on Tap-and-Go Tech

April 19, 2024
European Union (EU) antitrust regulators are reportedly preparing to approve Apple’s tap-and-go mobile payments system proposals as early as May.  The tech company had proposed to open the system to rivals after being...