Digital wallets

Mobeewave, a provider of in-person contactless payment acceptance software, is getting an investment from Samsung Venture Investment Corporation that pushes a recent Series B funding round led by NewAlpha, Mastercard and Forestay Capital to nearly $20 million.

Samsung’s been pushing for government support for its blockchain and cryptocurrency technology for much of the past year, and early Galaxy S10 leaks suggest a built-in crypto wallet will be among the handset's planned features.

The news may seem overdue, but this isn't a story of two Goliaths battling it out. It's a tale of one Goliath beating multiple Davids — slowly, methodically, and one at a time.

Investors in a hurry can instantly add funds to a TD Ameritrade account through Apple Pay using the brokerage’s new messaging chatbot.

The battle between Apple Pay and the Swiss banks' payment app, TWINT, is nearing a conclusion with Apple agreeing to no longer interfere at the point of sale when a consumer is attempting to make a purchase with TWINT.

Mobile payments technology has fallen short of expectations in major markets, particularly the U.S., where less than 10 percent of consumers routinely use devices to pay in stores — despite more than four years of aggressive development from large technology companies and banks.

The turning point was Apple Pay, which Discover did not support until September of 2015, nearly a year after the mobile wallet's launch.

UBS Group AG and Credit Suisse Group AG are among a number of Swiss companies being investigated by the local antitrust authority over whether they boycotted international mobile payment services to promote a domestic competitor.

Apple’s decision to stop disclosing its mobile device sales — along with reports that the company's newest iPhone didn't draw the huge crowds Apple is known for — signal that it may lose the clout that allowed it to collect fees for Apple Pay.

Four years after introducing Apple Pay, the company is going neighborhood by neighborhood trying to get U.S. retailers and consumers to use the service—no easy task.

Less than a month after eBay dropped PayPal's status as its preferred payment provider and implemented a new payment process for some users, one in 10 of those users is completing purchases via Apple Pay.

It seems that every year, at least since Apple Pay launched in 2014, it’s the “year of the mobile wallet.” And each year, like clockwork, the banks end up disappointed in the lack of traction in mobile wallet usage and adoption.

Along with activating contactless payments at its store terminals, Costco has opened its checkout lines to Apple Pay, Samsung Pay and Google Pay. But there’s a catch.

Each of these wallets has developed its own personality — and, presumably, its own must-have feature to pull consumers and merchants away from the competition.

Samsung Pay is adding Chase Pay as a funding option, combining the strengths of two very different approaches to mobile payments.

With just two partnerships, eBay is cutting off a big opportunity for community banks.

The new alliances follow EBay’s February announcement to gradually shift its payments processing business from PayPal to Adyen.

The commercial that shows a landlord using Apple Pay Cash and iMessage to pry rent out of a tenant is meant to elicit a chuckle, but it also shows how P2P providers must aggressively communicate the capabilities of their apps.

In the evolution of mobile wallets, many companies have toyed with the idea that rewards would be a key driver for adoption. Others insist the improvements in speed and convenience are compelling enough on their own. Apple has parlayed both concepts into its promotions.

Apple Pay became available in Norway Wednesday for customers in Nordea Bank AB and Santander Bank to begin with.