Mobile Wallets

Mobile Wallets
Digital Wallet Users Love Bill Pay For Speed and Security
November 07, 2022

Contactless payment for purchases at the point of sale (POS) has retained its pandemic-boosted popularity, and physical cards and mobile devices equipped with near-field communication (NFC) technology allow consumers to simply and conveniently tap to pay in-store at virtually all retailers and restaurants. While NFC...

Mobile Wallets
Why It’s Time for the Connected Healthcare Wallet
November 04, 2022

Administrations come and go promising healthcare reform, but it’s nimble and creative FinTechs that are making it happen, creating connected digital ecosystems that add value to healthcare programs with unified loyalty, incentive and financing options suited to today’s demands. Speaking with PYMNTS’ Karen Webster for...

Mobile Wallets
Shared Vision Will Give EU Digital Wallets Sharper Competitive Edge on Global Scale
November 01, 2022

It’s been a nearly 15-month wait, but finally the European Commission has approved the merger of Danish digital payments app MobilePay and Norwegian smartphone digital payments app Vipps to form a new entity — “Vipps MobilePay” — effective Tuesday (Nov. 1). The new joint venture,...

Mobile Wallets
1 in 4 Consumers Use Digital Wallets at Grocery Stores
October 27, 2022

Digital wallet adoption is on the rise at the grocery store, and merchants that do not yet accept mobile payments may need to step it up if they want to remain competitive. By the Numbers Data from PYMNTS’ new study “Connected Wellness: The Next Prescription...

Mobile Wallets
Apple Pay Leads Among Wallets but Lags in Total Purchases
October 25, 2022

They grow up so fast. It’s hard to believe that the Apple Pay mobile wallet turns 8 this year, and equally hard to fathom why adoption hasn’t soared along with other pandemic use cases. In the PYMNTS report “Apple Pay at 8: Connected-Tech Consumers Lead...

Mobile Wallets
Mobile Money-Telecom Decoupling to Bolster Interoperability, Benefit Africa’s PSPs
October 24, 2022

As part of the ongoing separation of Airtel Africa’s mobile money business from the parent telecommunications company, Airtel Kenya’s division has become the latest to spin off its mobile money services and will now be operated under a separate legal entity. In an interview with...

Mobile Wallets
Eight Years Later, Apple Pay Captures Just 2.4% of In-Store Transactions
October 20, 2022

On Oct. 20, 2014, Apple launched Apple Pay, an ambitious vision to revolutionize payments mobility and security. The product promised to replace cards at the point of sale with digital wallets conveniently located in their iPhones. PYMNTS estimates that more than three-quarters of major United...

Mobile Wallets
Samsung Wallet to Launch in 11 New EMEA Markets
October 17, 2022

Samsung Electronics will launch its Samsung Wallet in 11 new markets in Europe, the Middle East and Africa (EMEA) before the end of the year, the company announced in a Friday (Oct. 14) press release. The digital wallet will also become available in Kazakhstan and...

Mobile Wallets
Italy’s Digital Wallets Strive for Interoperability, Stronger Pan-EU Payments Integration
October 04, 2022

When PYMNTS assessed the landscape of digital payments in Italy for the “Benchmarking the EU’s Digital Engagement” series, it was observed that the country sits around the middle of the table for mobile wallet usage. In fact, Italians use the payment method for 42.1% of...