Mobile Wallets

My Phone Is My Wallet

The future of money is in your pocket the one you keep your phone in, not your wallet. A growing portion of the worlds population is making phone-assisted transactions. Theyre using a variety of technologies, from the text-message system popular in Kenya to the seamless credit card-and-app arrangements that move money for every Lyft and […]

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Leveraging Digital Wallets to Tap Into Revenue Opportunities

In today’s day and age, consumers have come to expect digital applications that are speedy, secure, personalized, and ultimately, facilitate their various tasks and transactions. When it comes to payments, there are a myriad of digital wallet options available from those offered by card networks (e.g.

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Mobile Wallets Can Cure the Blues of Cash and Card Expense

As retailers work to address the operational challenges posed by cash and card acceptance, mobile wallets offer a versatile solution. Despite huge recent advances in digital and electronic payments, cash use remains prevalent worldwide. This presents various challenges for retailers. It is easy to steal.

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Mobile Wallet Adoption: Asia Outpacing West as Crypto Rises

Mobile wallet adoption in Asian markets like China, India and Taiwan is much higher than in the US, the UK and Germany, finds GlobalData. According to a new survey published by the company, increasing popularity of smart devices has enabled rapid adoption of mobile wallets in the region, and they are now gradually replacing cash […]

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Mobile Wallet Use Growing Fast, Research Finds

Apple Pay is far and away the leader for mobile wallet transactions, according to new research from Auriemma Consulting Group. The app accounts for 77 percent of mobile wallet transactions, while competitors Samsung Pay and Google Pay account for just 17 percent and 6 percent, respectively.

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Digital Wallets to Boost Financial Inclusion in the Philippines

Digital wallets come in various digital forms and sizes, differing from each other in features. Features can be in the form of technologies used, payment method allowed, specialty cards added, and device compatibility. The potential of the digital wallet in addressing financial inclusion is there.

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4 Ways an FI Can Leverage Its Digital Wallet to Boost Revenue

In this day and age, consumers have come to expect digital applications that are speedy, secure, personalized and, ultimately, able to facilitate their various tasks and transactions. When it comes to payments, there are myriad digital wallet options available, offered by players ranging from card networks (e.g.

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Will BoA Give B2B Mobile Wallets a Boost?

Polished shoes and nice jacket? Check. Laptop? Yep. Business cards and document pouch? Got it. Company-issued plastic? Ha Who needs that? A successful business trip depends on preparation, and that includes payments.

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BofA Links Corporate Cards to Mobile Wallets

Bank of America is adding mobile wallet functionality to its suite of commercial card products, the bank said Wednesday (Sept. 12).

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Rise of Digital Wallets and What They Mean for the FinTech Industry

The FinTech industry has been witnessing continual innovations to not just prepare the industry for modern day users but also to bring all the traditional services that once called for a bank visit to now happen at the ease of mobile.

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eCommerce Growth Is Set to Expand the Mobile Wallet Market

According to a report published by Zion Market Research, the global mobile-wallet market was valued at about USD $594 Billion in 2016 and is expected to reach $3,142.17 Billion by 2022 while growing at a compound annual growth rate (CAGR) of 32 during the forecast years.

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How Merchants Are Profiting From Digital Wallets

Mobile might be gaining popularity as a way to access online services, but that doesnt mean that buying goods and services on mobile isnt sometimes cumbersome. Small screens, smaller keyboards and confusing input options can make it hard on a shopper.

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