Mobile Wallet news and trends

MyFinity Partners With Convera to Increase Global Coverage
Cross-border Payments // December 13, 2023

MiFinity has partnered with Convera to increase the country coverage of its PayAnyBank (PAB) service. The integration of Convera’s B2B cross-border payments capabilities into MiFinity’s PAB service furthers MiFinity’s commitment to providing cross-border payment solutions to its global customer base, the company said in a Tuesday (Dec. 12) press...

Mastercard and Samsung Partner on Digital Wallet Program
Mobile Wallets // December 06, 2023

Mastercard and Samsung Electronics have partnered on a new program called Wallet Express in the United Kingdom. This collaboration aims to provide banks and card issuers with an efficient way to expand their digital wallet offerings, giving U.K. consumers more options to make payments conveniently and securely, the companies said...

Coinbase Enables Sending Money Through Messaging and Social Media Apps
Cryptocurrency // December 05, 2023

Coinbase Wallet has added new features that aim to simplify and expedite money transfers globally. The updates allow Coinbase Wallet users to send money through any platform that supports link sharing, including popular messaging apps, social media apps and email, Coinbase said in a Tuesday (Dec. 5) blog post....

Google Lets Users in Three More States Save Driver’s License to Digital Wallets
Identity // October 18, 2023

Google is letting users in three more states store their state IDs in the Google Wallet app. Already live in Maryland, the tech giant is extending the program to users in Georgia, Arizona and Colorado, Google said in an announcement provided to PYMNTS Wednesday (Oct....

Interviews & Exclusives
Cross-Border Remittances Go Omnichannel for Growth

April 12, 2023
Like other industries, the pandemic saw remittance customers shifting from traditional brick-and-mortar environments to the digital space, with some customers using an app to transfer funds and check exchange rates for the first time. According to Jose Ivars-Lopez, U.K. and Ireland country manager at Ria, a business segment of Euronet Worldwide and leading cross-border money […]

More Consumers Use Digital Wallets for Healthcare Expenses

January 20, 2023
Healthcare providers may consider increasing digital wallet acceptance as patients increasingly opt for the payment method.  The latest PYMNTS/ACI Worldwide collaboration, “The Mobile Wallet Challenge: Replacing Physical With Digital,” tracks...

Italy Reshapes Pro-Cash Strategy Amid Surge in Digital Payment Adoption

January 15, 2023
Leading up to final approval, payments-related aspects of Italy’s 2023 budget were hotly debated. One of those debates ended up with the government backtracking on an initial proposal to ditch...

EU Digital Wallets Want to Be More Than a Way to Pay

December 28, 2022
EU digital wallets are looking to be more than just payment apps. According to Markus Kilb, CEO at Swiss mobile wallet provider TWINT, the next frontier in digital wallet use...

Quick Reads
MobiKwik Files for $84 Million IPO

January 05, 2024
Indian digital payments firm MobiKwik has filed for an initial public offering (IPO) worth up to 7 billion rupees ($84 million).  This move comes after the company’s previous attempt in 2021 was postponed due to the lackluster market debut of its larger rival, Paytm, Reuters reported Friday (Jan. 5).  MobiKwik had initially filed for a 19 billion rupees ($230 million) IPO in July 2021, […]

MyFinity Partners With Convera to Increase Global Coverage

December 13, 2023
MiFinity has partnered with Convera to increase the country coverage of its PayAnyBank (PAB) service. The integration of Convera’s B2B cross-border payments capabilities into MiFinity’s PAB service furthers MiFinity’s commitment to providing cross-border...

Mastercard and Samsung Partner on Digital Wallet Program

December 06, 2023
Mastercard and Samsung Electronics have partnered on a new program called Wallet Express in the United Kingdom. This collaboration aims to provide banks and card issuers with an efficient way to expand their digital wallet...

Coinbase Enables Sending Money Through Messaging and Social Media Apps

December 05, 2023
Coinbase Wallet has added new features that aim to simplify and expedite money transfers globally. The updates allow Coinbase Wallet users to send money through any platform that supports link sharing,...