Digital wallets

The advancement of digital wallet technology in the past five years may be having a numbing effect on e-commerce merchants, who favor familiar brands over big-name wallet apps.

Samsung is now providing Samsung Pay to over 200,000 users in Mexico after four months since launching in the country.

Google's mobile wallet has gone through several iterations, but the most recent — Google Pay — signals a significant turning point for the company's mobile wallet strategy.

Starbucks mobile app is reportedly getting more use than Apple Pay, but the comparison is largely meaningless in a market that is increasingly prone to supporting multiple mobile wallets instead of a single victor.

Goldman Sachs will issue Apple’s new cobrand credit card, according to a person familiar with the matter, as the investment bank deepens its push into consumer finance.

Samsung Pay has worked to differentiate itself from other mobile wallets with Samsung Rewards, and now it’s enriching that program with a cash-back option and the ability to purchase rewards points like airline mileage programs.

Helped by its role as a transportation fare option, Apple Pay enjoyed a strong second quarter, driving revenue in Apple's services division as well as the company's overall $61.1 billion revenue for the quarter.

Some of the biggest digital wallets in the world — including Alipay and WeChat Pay — succeed because they have very little in common with other big-brand wallets like Apple Pay, Google Pay and Samsung Pay.

Even if most consumers aren't leaving their plastic cards at home in favor of mobile wallets, the very idea of using a mobile wallet is no longer cutting-edge. But a few companies go the extra mile.

The rise of online and mobile commerce is forcing merchants to rapidly re-engineer their checkout options, while keeping an eye on emerging models that leverage artificial intelligence to streamline shopping — or bypass the store checkout process altogether, like Amazon Go.

Despite millions spent on promotions and marketing for Apple Pay and other proprietary options from banks, mobile payments volume is still weak.

Apple is not going to sit idly as Facebook transforms its Messenger app into a platform for P-to-P payments and commerce.

It's been a little more than three years since Apple Pay made its debut. Today it is joined by Samsung Pay and Android Pay/Google Pay—along with several proprietary concepts from major banks and merchants. But despite millions spent on promotions and marketing for the various concepts, mobile payments volume is still weak.

Mobile wallets have always been a hard sell. In many countries, credit and debit cards work well enough that consumers don't want to learn a new way to pay. But banks and technology companies are committed to bringing their wallet apps to market. In an effort to stay competitive, these companies have spent considerable effort to get their wallets to stand out not only against competitors, but against the compelling option to keep using cash and cards.

Samsung Pay users this week may begin transferring funds from two participating South Korean banks in the latest expansion of capabilities.

Apple’s acquisition of Shazam demonstrates the potential for Shazam’s technology to do so much more than identify pop songs playing over a store's speakers.

Apple Inc. is nearing the rollout of Apple Pay Cash with the person-to-person payments service’s debut today as a public beta test, five months after the initial announcement.

Canadian consumers using Samsung Pay can now make Interac debit payments through their mobile devices using a tokenization service from Interac and digital security provider Rambus Inc.

For the second time in less than a week, First Data has found an already speeding car to hop on board in the company's strategy to cover as many digital commerce bases as quickly as possible.

Apple Inc. is exploring ways to bring Apple Pay to India, according to reports.