Digital wallets

Apple formally announced the debut of its rumored Venmo-like P-to-P service, and as with anything Apple-related, it's deeply embedded into the overall Apple ecosystem.

Apple formally announced the debut of its rumored Venmo-like P-to-P service, and as with anything Apple-related, it's deeply embedded into the overall Apple ecosystem.

LG is officially throwing its hat into the mobile payments arena with the launch of LG Pay in Korea. Available only on the flagship LG G6 handset, its technology has a lot in common with Samsung Pay, but may not be much of a challenge to its rival if it should come to the U.S.

Apple Pay's recent move to waive the £30 contactless transaction limit in the U.K. removes one of the key restraints it faced when competing with credit and debit cards at the checkout. But at this point in the mobile wallet adoption cycle, does this change really matter to consumers and merchants?

Apple Inc. and Visa Inc. are facing claims by Universal Secure Registry, a small Boston-area company, that their mobile-payment partnership infringes four of its patents.

Samsung Electronics Co. has made its Android and Apple Pay competitor available in the U.K. Tuesday, as it attempts to play catch-up in one of the major markets for contactless payments.

To hear Apple CEO Tim Cook tell it, Apple Pay is experiencing "a phenomenal traction." But the company does not reveal specific numbers about Apple Pay as it relates to key metrics.

Samsung Pay last week went live in four more regions—Hong Kong, Sweden, Switzerland and the UAE—but despite reaching 14 major global markets, it’s still not officially available in the U.K., one of the world’s most active zones for contactless payments.

In-app payments via Apple Pay have been available with the ExxonMobil Speedpass+ app since last year, but this week the petroleum giant boosted the app to enable users to pay at the pump at 9,600 U.S. Exxon and Mobil stations via the Apple Watch.

Apple Inc. may wish to launch a person-to-person money-transfer service to rival Venmo, according to a new report.