Mobile Wallets

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...

Mobile Wallets
MoneyGram Helps e& Offer Mobile Wallets to 160M People
September 20, 2022

MoneyGram is expanding its partnership with technology and investment group e&, a move the companies say will let nearly 160 million people use the e& mobile wallet to send money around the world in near-real time. “As a result of our strategy to invest in...

Mobile Wallets
Future FinTech Unit Collabs With Currencycloud on Remittance App
September 12, 2022

Future FinTech Labs, a subsidiary of blockchain player Future FinTech (FTFT), and Currencycloud, a global payments platform owned by Visa and licensed for money transmission in a number of U.S. states, are working together on a new remittance app. Called Tempo, the app is designed...

Mobile Wallets
Western Union Acquires Te Enviei to Speed Digital Wallet Launch in Brazil
September 12, 2022

Western Union will begin offering its digital wallet in Latin America in the first half 2023, beginning with a launch in Brazil enabled by the company’s acquisition of the country’s Te Enviei digital wallet provider. With the purchase of Te Enviei and the rollout of...

Mobile Wallets
Thunes, Alipay+ Partner to Ease Acceptance of Mobile Wallets in Europe
August 31, 2022

Noting the recovery of international tourism and the popularity of mobile wallets, cross-border payments company Thunes has partnered with Ant Group’s Alipay+ to enable merchants in Europe to accept the mobile wallets that are most popular among Asian consumers. With this partnership, merchants will be...