The Mobile Wallet Report is the industry’s weekly premium news source — find out more and download a sample issue here.
PARTNER NEWS: European mobile loyalty wallet leader Stocard has added support for NFC payments to its app as it looks to evolve its digital wallet into an all-in-one payments, banking and shopping service... More
Taiwan is to introduce a Triple Stimulus voucher programme that will enable residents to buy NT$3,000 (US$100) worth of shopping vouchers for NT$1,000 (US$33.34) — or receive an equivalent cashback credit to their card or mobile wallet... More
Octopus transit card holders can now use their iPhone or Apple Watch to pay their fares and make purchases at 35,000 retail outlets across Hong Kong that accept Octopus for payments... More
A new survey has found that 45% of US consumers are now using “a mobile wallet of some type”, 16% are using paper-based currency less than before the pandemic and 31% say will use contactless or mobile wallet payments instead of cash and cheques in the aftermath of Covid-19... More
Buses will no longer accept cash payments once current curbs on public transportation are eased, the Bangalore Metropolitan Transport Corporation (BMTC) has announced... More
A total of 10.8% of Australians are now using Apple Pay, Google Pay or Samsung Pay, up from 7.1% a year ago, a new report from market researchers Roy Morgan has found... More
NJ Transit is replacing 14 of its ticket vending machines (TVMs) with new machines that support contactless cards and mobile payments... More
Kakao Pay and AlipayHK to become available at PayPay merchants from April 27, 2020 — PayPay — “Users of code payment services Kakao Pay and AlipayHK, in addition to Alipay, will be able to complete payments using QR codes provided by PayPay merchants anywhere in Japan as of the 27th of April.”
The latest health and fitness tracker from Fitbit comes with contactless payments as standard... More
The Central Bank of Egypt (CBE) has introduced a series of measures designed to reduce the need for citizens to use cash to make payments, including a doubling of the contactless payment transaction limit and free access to both prepaid card and mobile wallet services... More
UnionPay, Huawei and National Bank of Pakistan (NBP) have launched a mobile payments service that lets owners of Huawei and Honor NFC phones use a single mobile wallet app to pay at any merchant equipped to accept either contactless or QR code payments... More
Digital wallets will be used to pay for ecommerce transactions valued at more than US$3tn a year by 2023, a new study has found... More
Payments made via Apple Pay now account for around 5% of global card transactions, according to research firm Bernstein — and are set to represent 10% of all card transactions by 2025... More
Huawei starts its mobile wallet service Huawei Pay in Pakistan — Technology Times — “Huawei has launched its mobile wallet service Huawei Pay in Pakistan in cooperation with UnionPay International and National Bank of Pakistan, making it the fourth market where Huawei Pay has been made available, following China, Russia and Hong Kong.”
Miami-Dade County’s Department of Transportation and Public Works has rolled out support for contactless payments across its Metrobus fleet, making it possible for commuters to use contactless cards and NFC mobile phones to pay for both bus and rail fares across Miami, the sixth most densely populated city in the US... More
Wallet app to be discontinued — ABN Amro — “Why will the Wallet app be discontinued? As it stands, the Wallet app is being used by less than 5% of our clients with an Android smartphone. That’s why we’re discontinuing the app.”
Apple Pay revenue and transactions have “more than doubled year-over-year with over 3bn transactions in the September quarter, exceeding PayPal’s number of transactions and growing four times as fast,” Apple CEO Tim Cook has revealed... More
Customers of Canada’s CIBC bank can now replace a lost or stolen credit card “in a few simple steps through mobile or online banking and instantly use the new card with their mobile wallet before the physical card arrives”... More
Uber announces deeper push into financial services with Uber Money — CNBC — “The company announced on Monday the formation of a new division called Uber Money to house its efforts, which include a digital wallet and upgraded debit and credit cards. The emphasis, at first, will be expanding Uber’s efforts to give its four million-plus drivers and couriers around the world access to a mobile bank account so they can get paid after each ride. Uber could one day offer a bank account to consumers on its platform, according to Uber Money head Peter Hazlehurst.”
Shoppers at 30 US supermarkets operated by Netherlands-based retail giant Ahold Delhaize will be able to use their mobile phone to scan items as they shop and then self-checkout and pay by the end of this year... More
Feed for stories about Mobile wallet.
