Mobile Payments news and trends

Digital Wallets Provide Local Touch to Connected Travel Experiences

April 29, 2024
Digital Wallets Provide Local Touch to Connected Travel
EU Regulators Set to Accept Apple’s Proposals on Tap-and-Go Tech
Apple // 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 accused by the European Commission (EC) of thwarting competition.  After getting feedback from Apple’s rivals and customers,...

Payments Execs View Data as the Compass for Navigating Uncertain Times
Opinion // April 16, 2024

“The only thing we can count on is uncertainty,” Albert Einstein once observed. And while the statement is universal, and applies to pretty much any endeavor in life, uncertainty is an ongoing hallmark in business — especially in the payments realm.  The past four years...

Apple Cash Adds Virtual Card Numbers, Enabling Spending at More Merchants
Apple Pay // April 09, 2024

Apple Cash cards now have virtual card numbers, enabling users to securely spend their Apple Cash at merchants that don’t accept Apple Pay. This change was included among updates to Apple Cash terms and conditions released Tuesday (April 9). To view their virtual card number, users go to...

Got Leather? Almost a Third of Consumers Prefer Carrying Physical Wallet
Mobile Wallets // April 03, 2024

Digital wallets — Apple Pay, Google Wallet, PayPal and more — give consumers a secure, convenient and contactless way to pay for purchases online and in person. Because they store credit- and debit-card information, they liberate shoppers from having to carry around physical cards when dining or shopping....

Interviews & Exclusives
Got Leather? Almost a Third of Consumers Prefer Carrying Physical Wallet

April 03, 2024
Digital wallets — Apple Pay, Google Wallet, PayPal and more — give consumers a secure, convenient and contactless way to pay for purchases online and in person. Because they store credit- and debit-card information, they liberate shoppers from having to carry around physical cards when dining or shopping. Similarly, they free up online shoppers from having to input […]

The Consumer Experience Meets Business Payments Requirements

February 12, 2024
The tug-of-war between institutional inertia and innovation is coming to a head in business-to-business (B2B) payments.  That’s because, as generational and behavioral tides turn, expectations and experiences around consumer payments...

1 in 5 Consumers Pay Auto Loans With Mobile Wallets

January 04, 2024
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...

Nearly 1 in 4 Millennials Shop for Non-Grocery Retail Items From Their Phones

December 08, 2023
With the advent of smartphones, consumers have embraced the convenience of shopping from the palm of their hand, resulting in a significant transformation in their purchasing habits and preferences. This...

Quick Reads
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 accused by the European Commission (EC) of thwarting competition.  After getting feedback from Apple’s rivals and customers, and having the company make some modifications to its proposals, […]

Apple Cash Adds Virtual Card Numbers, Enabling Spending at More Merchants

April 09, 2024
Apple Cash cards now have virtual card numbers, enabling users to securely spend their Apple Cash at merchants that don’t accept Apple Pay. This change was included among updates to Apple...

Bloxcross, GoDirectPay Partner on Cross-Border Payments App

March 28, 2024
Bloxcross and GoDirectPay have partnered to launch a mobile app for global payments. The new app enables payments in any currency from institutions to vendors and from individuals to friends, the companies...

NPCI Grants Paytm Approval to Participate in UPI Payments System

March 14, 2024
Paytm will be able to participate in India’s instant mobile payments system, Unified Payments Interface (UPI). “Now, officially your Paytm UPI will work,” the company said in a Thursday (March 14) post...