Search Results for: mobile wallet

Mobile wallet use growing worldwide, reveals data report

June 16th, 2021 (0)
Digital or mobile wallet payment was the most popular POS payment approach globally in 2020, grabbing 21.5% of transaction payment market share in 2020. The boom was due to the COVID-19 pandemic and consumer fear of paper banknotes related ...

Samsung becomes latest firm to launch mobile wallet in China

March 29th, 2016 (0)
Samsung has officially launched its mobile wallet service in China, in co-operation with local vendor UnionPay. Instead of using cards, the service allows shoppers to use their smartphones to pay for in-store purchases. Last month, Apple launched its own ...

Mobile phone payment Seamless acquires MeaWallet AS

July 14th, 2016 (0)
Seamless Distribution AB (publ) (”Seamless”) acquires the Norwegian technology company MeaWallet AS (“MeaWallet”). The purchase price amounts to approximately SEK 42,8 million and payment is made through an issue in kind of 4,574,328 new shares in Seamless. Through the ...

Apple Pay and other mobile payments will count for 1 in 3 in-store transactions by 2020

August 3rd, 2018 (0)
The future of shopping transactions may look a lot like Apple Pay. In-store contactless payments are predicted to reach $2 trillion by 2020, making up one-third of total transactions, according to a Monday Juniper Research report. Contactless payments will ...

Mobile contactless payment users to grow to over 760 million by 2020

July 3rd, 2018 (0)
The number of people using mobile contactless payment such as Apple or Google Pay will grow to more than 760 million by 2020, with Apple’s digital wallet leading the way, according to new research. An estimated 440 million people ...

Can Mobile Apps Replace Our Bank Accounts?

March 15th, 2018 (0)
In the past few years we’ve gotten used to the concept of digitized money. In large part this is because of the actual cryptocurrency movement, which has introduced things like bitcoin and ethereum, and has some believing that cryptocurrency ...

Study: UK consumers more likely to use proximity mobile payments than US counterparts

December 27th, 2017 (0)
The future of mobile payments appears more bright in the U.K. than the U.S. thanks to consumers’ familiarity with contactless payments, according to a report from Auriemma Consulting Group. “U.K. consumers were introduced to contactless payments in 2007,” Jaclyn ...

Artificial intelligence mobile payments are coming sooner than you think

November 1st, 2017 (0)
Artificial Intelligence, or AI, is an umbrella term comprised of numerous computer systems which enable machines to think, learn, and react as a human would. These systems include, Machine Learning, such as Deep Learning and Predictive Analysis, Speech to ...

In-store UK mobile payments jump 336% but still rare, report finds

August 17th, 2017 (0)
The widespread acceptance of mobile payments in physical retail stores in the UK has led to significant growth in the number of transactions, a new report has found. In the first six months of this year, the value of ...

Mobile payments in China exceed US$1tn in one quarter

March 2nd, 2017 (0)
China’s Third-party Mobile Payments Size Hit RMB9,041.9 Billion(US$ 1314.23 billion) in 2016 Q3 In 2016 Q3, China’s third-party mobile payment market reached RMB9,041.9 billion in size, a jump of 20.5% quarter on quarter, shows the Quarterly Monitoring Report on ...
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