Mobile Wallets

Mobile Wallets
i2C, Qatar’s KARTY Form Digital Wallet Partnership
February 14, 2022

Digital payment firm i2C has joined forces with FinTech KARTY to launch a digital-first prepaid mobile wallet for customers in KARTY’s home country of Qatar. “Leveraging i2c’s global payments platform, Karty’s mobile wallet will provide Visa-branded digital cards, enabling instant, cashless P2P transactions on the...

Mobile Wallets
Wireless Firm Telkom Launches Mobile Money App
January 07, 2022

The South African wireless provider Telkom says its Kenyan operation has launched an app for its mobile money product, T-Kash.  The company said in a news release Tuesday (Jan. 4) that its app is available from the Google, Huawei and Apple app stores, and offers...

Mobile Wallets
Room Keys for Some Hyatt Properties Available in Apple Wallet
December 08, 2021

Several Hyatt locations in the U.S. are now integrating hotel room keys with Apple Wallet so people can unlock their guest rooms by tapping their iPhone or Apple Watch, Hyatt said in a press release on Wednesday (Dec. 8). The first six participating U.S. locations...

Mobile Wallets
i2c Teams With BEYON Money, Visa to Roll out Mobile Payments App in Bahrain
December 02, 2021

Digital payments and banking technology firm i2c Inc. has joined forces with mobile app BEYON Money to roll out a digital wallet in Bahrain that enables retail, bill and peer-to-peer payments for users, connects to bank accounts via open banking, offers financial insights and provides...

Mobile Wallets
Mobile Wallets Catching on Among Latin American Consumers
December 01, 2021

Latin American consumers are steadily gaining access to digital financial services, but many still are flocking to alternative payment tools such as mobile wallets to make online purchases. According to a recent study, nearly 60% of the region’s online purchases were made via mobile device...

Mobile Wallets
Central Bank Gives Nod to Mobile Money Licenses; Airtel Fast-Tracks Plans to IPO Mobile Money...
November 30, 2021

The long-anticipated wait is over. Until November, Nigeria did not operate a telecommunications (telco) company-led mobile money model, opting instead for a bank-led model that allowed only banks or licensed corporate organizations to operate a mobile money service. But following a recent announcement from Nigeria’s...

Mobile Wallets
Nordic Mobile Wallets Must Collaborate to Fend off Competition From Global Players
November 10, 2021

Small but mighty is one way to characterize Nordic countries when it comes to payments innovation. The small-sized countries in the region like Denmark, Finland and Norway, which have less than six million inhabitants each, have been spearheading digital and mobile payments innovation for decades,...

Mobile Wallets
Mobile Wallet Infrastructure Startup Citcon Raises $30 Million Led By Venture, Cota
October 22, 2021

Mobile wallet infrastructure startup Citcon raised $30 million in a Series C funding round led by Norwest Venture Partners and Cota Capital, and with participation by Sierra Ventures and Sonae IM, according to a press release emailed to PYMNTS on Friday (Oct. 22). Citcon provides...

Mobile Wallets
Facebook Launches Pilot of Novi Digital Wallet
October 19, 2021

Facebook is debuting its Novi digital wallet as part of a pilot program in Guatemala and the U.S., according to a Tuesday (Oct. 19) company announcement. The long-awaited digital wallet enables people to send and receive money abroad instantly, securely and without fees, according to...