PayPal has partnered with OpenAI to integrate its digital wallet into ChatGPT, allowing users to make purchases directly through the AI platform, positioning PayPal as a key player in AI-driven e-commerce and shopping experiences.
American Airlines has announced support for Google Wallet for boarding passes, allowing travelers to easily access their passes and receive flight updates, marking a significant upgrade in their digital travel experience and complementing existing Apple Wallet support.
During a House Financial Services Committee hearing, Democrats criticized President Trump’s involvement in new crypto ventures, including a Trump-linked digital wallet and meme coin, arguing it complicates regulation efforts and benefits Trump financially, while also highlighting concerns about potential conflicts of interest and the impact on financial regulation.
Thailand's government is set to implement a $12.4 billion digital cash handout program called "Digital Wallet" to boost the economy, giving 10,000 baht to 50 million citizens. Despite criticism from economists and funding challenges, the program aims to increase GDP growth by 1.2 to 1.6 percentage points. Registration begins in August, with exclusions for certain goods and individuals with a history of fraud.
Google Wallet is introducing a new setting called "Automatically add linked passes," which allows pass providers to automatically add event tickets, promotions, offers, and more to existing passes. This feature is part of the Passes sub-section in Google Wallet settings on Android and is enabled by default. The new preference is included in version 24.10.x of Google Wallet and is designed to streamline the user experience, but concerns about potential abuse and cluttering of pass lists with unwanted promotions and offers remain.
Apple is introducing a new feature in iOS 17.4 that allows Apple Cash users to set up a virtual card number for their Apple Cash Card, enabling them to use their cash rewards in places that don't accept Apple Pay. This update will provide users with a full card number, expiration, and security code, allowing them to shop online and make phone orders using their Apple Cash funds. While this feature is currently available in the iOS 17.4 beta, users should be cautious of potential bugs and issues.
Samsung EVP Jeanie Han discusses the roadmap for Samsung Wallet, highlighting its gradual expansion to more markets and the company's commitment to open partnerships. Han mentions the focus on countries where mobile payments are widely accepted and expresses interest in collaborating with the EU for digital ID. She also mentions the collaboration with the Bank of Korea on a Central Bank Digital Currency (CBDC) and the upcoming features of Samsung Wallet, such as mobile driver's licenses and state IDs, as well as new developments in open APIs and SDKs for partners. Han addresses the awareness of Samsung Wallet among customers and emphasizes its advantages over Google Wallet, including optimized user experience, higher security through Samsung Knox, and unique features like digital keys. She also mentions the continued presence and future role of Samsung Blockchain Wallet within Samsung Wallet.