Mobile Wallet

Showing Latest Mobile Wallet

80% of US consumers now use digital payments

28 Feb 22 @ 10:51

More than 80% of Americans used some form of digital payments in 2021, continuing a long-standing trend. The findings of McKinsey’s 2021 Digital Payments Consumer Survey – an ongoing research... read more

8 out of 10 card payments now contactless in the Nordics

08 Feb 22 @ 12:25

New data on card payments and in-app card mobile payments in 2021 have been released by Nets. In the Nordics – a region renowned for being a digital payments pioneer... read more

Digital ID infrastructure is key as payments become transparent

08 Feb 22 @ 10:49

Remote and contactless payments popularity with consumers grew during the pandemic, which is prompting the need for a robust digital identity infrastructure in the Payments 4.X era.1 In the connected... read more

Half of the world’s population will use mobile wallets by 2025

07 Feb 22 @ 15:00

In 2019, mobile wallets overtook credit cards to become the most widely used payment type globally. In 2020, the COVID-19 pandemic became another accelerant of the continued digitization of the... read more

Digital & Card Payment Yearbooks: Cards – past their peak?

04 Feb 22 @ 16:12

The 2021-2022 Digital and Card Payment Yearbooks from Payments Cards & Mobile suggest payment card use may be starting to decline, to be replaced by digital wallets, direct-to-account payments and... read more

How Bank/FinTech partnerships enable payments transformation

03 Feb 22 @ 15:11

In the first of a two-part series, PCM finds out from Discover Global Network why creative partnerships between FinTech start-ups and established financial institutions are the future. The rapid integration... read more

74% of consumer payments to be handled by non-traditional financial service providers

31 Jan 22 @ 10:16

According to a new study, 74% of consumer payments will be handled by non-traditional financial service institutions (FSIs) by 2030. This figure is an increase from 60% in 2020, putting... read more

Tap on Mobile: Meeting merchant demand for more flexible acceptance

28 Jan 22 @ 11:43

In the second part of a two-part series on Tap on Mobile, PCM spoke to Tim Dziubek, Director of Payment Products at Discover Global Network, to learn more about Tap... read more

Apple closes in on SoftPOS market by allowing iPhones to be POS terminals

27 Jan 22 @ 12:39

Apple is rumoured to be launching a new SoftPOS service that will let small businesses accept payments directly on their iPhones without any extra hardware. The company has been working... read more

Meta (Facebook) forced to sell Diem assets as digital payments ambitions fail

27 Jan 22 @ 12:11

The Diem cryptocurrency project is being forced to sell its assets, as Meta (Facebook) admits defeat in its ambitions in the digital payments space. The Diem Association, which was launched... read more

Tap on Mobile: the digital revolution moves from payment to acceptance

26 Jan 22 @ 09:21

As contactless transactions using cards and digital wallets soar, digital acceptance via mobile, or “Tap on Mobile”, is opening up electronic payments to new merchant categories. PCM investigates the next... read more

JPMorgan starts to spend $12 billion war chest with Viva Wallet stake

25 Jan 22 @ 15:30

In a recent earnings call, JPMorgan Chase, the largest lender on Wall Street with $3.76 trillion (in assets), announced it plans to increase its annual technology budget to $12 billion,... read more

Trending

Wero expands into Austria as Europe’s payments ambitions gather momentum

23 Jun 26 @ 18:52

The European Payments Initiative (EPI) has secured a significant boost to its ambitions of creating a pan-European payments network, with Austria’s largest ba... more

UK fraud losses reach four-year high

16 Jun 26 @ 18:17

Financial fraud losses in the UK climbed to their highest level in four years during 2025, highlighting the growing sophistication of criminal networks and rais... more

Major UK Banks unite to develop digital verification service

30 Jun 26 @ 07:05

Barclays, HSBC, Lloyds Banking Group, Nationwide Building Society, NatWest Group and Santander UK are working with UK Finance in the development of a voluntary ... more