Google Wallet is rolling out a new experience that gives parents and guardians a way to allow their children to use their Android device to make payments and store passes with appropriate supervision. The company will roll out this update over the next few weeks...
Cross-border finance FinTech AstroPay received a payments license in Brazil. The license from the Brazilian central bank allows the company to offer its multicurrency digital wallet in Latin America’s biggest market, AstroPay said in a Thursday (Jan. 30) news release. “This expansion marks a pivotal...
The U.K. government said Tuesday (Jan. 21) that it will launch a GOV.UK Wallet later this year and then work to issue government-issued letters and identity documents virtually and make them available to people on their phones. Digital versions of a Veteran Card and a...
The concept behind tokenization is straightforward. Sensitive data (often personal information) is replaced with a non-sensitive, digital representation (token). The simple concept is helping secure consumers’ identities, crafting a digital representation of the user that travels with them throughout their online and in-store journeys and...
In the U.S., digital wallets have become popular for everyday transactions, yet their full potential remains largely untapped. While smartphones are everywhere, and digital wallets are growing in accessibility, American consumers are still hesitant to embrace the broader capabilities of these tools. According to a PYMNTS...
Digital wallets are becoming essential tools for French consumers, especially as the country embraces the convenience of mobile payment solutions. In the past year, 38% of consumers in France made online purchases using their digital wallets, and younger generations, particularly Generation Z, are leading the...
Brazil is reshaping the global use of digital wallets, with consumers relying on them for bill payments and identity verification, unlike other countries, where they are mainly used for eCommerce. A PYMNTS Intelligence Report, “Digital Wallets Beyond Financial Transactions: Brazil Edition,” in collaboration with Google...
As digital wallets become a staple of modern consumer life, there’s a need for clarity around their functions. While many consumers are familiar with the technology, confusion persists regarding what exactly constitutes a “digital wallet.” A PYMNTS Intelligence Report, “Digital Wallets Beyond Financial Transactions: How...
Select Audi owners will soon be able to use their Galaxy smartphones to lock, unlock and start their vehicles, without needing a physical key. Samsung Wallet now supports Digital Key for Audi to enable these capabilities, Samsung Electronics said in a Friday (Nov. 15) press...