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Mobile Payments

All articles tagged with #mobile payments

technology1 year ago

"Google Wallet Introduces Linked Passes Feature"

Google Wallet is introducing a new setting called "Automatically add linked passes," which allows related passes such as boarding passes, event tickets, loyalty cards, and more to be linked together for easier organization and access. This feature is currently in beta and may not be available for all passes, and it's up to the pass issuer to link passes. While the feature is enabled by default, users have the option to disable the auto behavior. This update is part of the new "Passes" sub-section in Google Wallet settings on Android.

via 9to5Google|
#android#digital-passes#google-wallet
technology1 year ago

"Google Wallet Implements Rapid 'Verify It's You' Request Feature"

Google Wallet is reportedly testing a new feature that requires users to re-authenticate for tap-to-pay transactions, even for small amounts, within a few minutes of unlocking their device. This change is observed on the Pixel 8, prompting users to verify their identity three minutes after unlocking via fingerprint. The prompt did not appear on other Pixel phones, indicating that Google may still be testing or gradually rolling out this behavior. This move aligns Google Wallet closer to Apple Pay's authentication process for every tap-to-pay transaction.

via 9to5Google|
#authentication#google#google-wallet
financetechnology1 year ago

"The Convenience of Mobile Payments: Are You Spending More?"

Research suggests that consumers tend to spend about 10% more on average when using mobile contactless payment methods compared to traditional methods, due to the convenience and ease of use. This trend is attributed to the swift transaction process and the absence of the need to carry physical cards or a wallet. While mobile payment apps offer convenience and improved security, consumers should be aware of the potential for increased impulsive expenditures and manage their financial resources accordingly.

via NPR|
#consumer-behavior#convenience#credit-card-debt
technology1 year ago

"Google Wallet Expands Support for Apple Wallet Passes"

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.

via 9to5Google|
#android#digital-wallet#google-wallet
technology1 year ago

"Google Wallet Introduces Seamless Integration with Apple Wallet for Ticket and Pass Management"

Google Wallet is reportedly adding support for the same pass files used by Apple Wallet, allowing Android users to import passes meant for Apple Wallet. This move aims to enhance the functionality of Google Wallet, which has previously struggled in the area of digital passes. The support for "pkpass" files, used to add passes to Apple Wallet, appears to be rolling out to some Android users, although it seems to be a server-side update. Additionally, Google Wallet recently launched support for automatically importing movie tickets and boarding passes from Gmail, as well as allowing users to manually archive expired passes.

via 9to5Google|
#apple-wallet#digital-passes#google-wallet
technology1 year ago

"Apple's iOS 17.4 Beta: Enhanced Apple Cash and New Features Unveiled"

The latest iOS 17.4 beta introduces a feature that allows iPhone users to generate a virtual card number for Apple Cash, enabling them to make payments even when Apple Pay is not available. This update removes a major limitation of Apple's payment service and provides a convenient alternative for users. The process to set up the virtual card number is simple, and it offers users more flexibility in using Apple Cash for transactions.

via The Verge|
#apple-cash#apple-pay#ios-174-beta
businesstech2 years ago

"Apple's NFC Payment Concession to Rivals Resolves EU Antitrust Concerns"

Apple has offered concessions to the European Commission in response to an antitrust investigation, agreeing to allow third-party mobile wallet and payment providers access to the iPhone's NFC capabilities, ending Apple Pay and Apple Wallet's exclusive access. The proposed commitments, which would be in place for 10 years, aim to address concerns about competition in the mobile payments market. The Commission is seeking feedback on the commitments, and a final decision and potential fine is expected this year.

via The Verge|
#antitrust-investigation#apple#businesstech
finance2 years ago

"PayPal Stock Hits Unimpressive Milestone"

The majority of Wall Street analysts covering PayPal Holdings Inc. shares are feeling skeptical for the first time, with concerns about market share loss to Apple Pay, an emerging age-demographic problem, and margin challenges. PayPal's stock has seen a sharp fall from grace in recent years, trading 80% below its all-time high, and faces competitive pressures from Apple Pay and Zelle. Additionally, PayPal is struggling to improve Venmo's monetization profile and is experiencing margin challenges due to its lower-margin unbranded checkout product making up a greater portion of the overall business.

via MarketWatch|
#analysts#competition#finance
technology2 years ago

"Expansion of Google Wallet to Include More State IDs in Coming Months"

Google Wallet is set to expand its support for state IDs in the next few months, with a "pipeline" of additional states coming online, according to Dong Min Kim, director of product management for Google Wallet. The challenge lies in the differing approaches of state DMVs, making it more difficult than standardizing mobile payments. Google's goal is to virtualize physical wallets, including credit and debit cards, transit and event tickets, and even vaccination records. Beyond the US, Google is also working to add similar support for other countries.

via 9to5Google|
#digital-ids#expansion#google-wallet
technology2 years ago

Samsung EVP Jeanie Han Reveals Roadmap for Expansion and Competition with Google Wallet

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.

via SamMobile - Samsung news|
#competition#digital-wallet#expansion
technology2 years ago

"GPay Android app streamlines with two tabs for simplicity"

The GPay Android app is undergoing a redesign that simplifies the interface to just two tabs in the bottom bar. The first tab, previously called Explore, now appears as a card in the Pay tab, displaying "Top deals for you" based on user activity. The second tab, called Businesses, remains unchanged. This update follows Google's removal of certain features from GPay, allowing for a more streamlined user experience. The redesign is rolling out with version 187.1.2 of the app.

via 9to5Google|
#android-app#gpay#mobile-payments
technology2 years ago

"Apple's 'Pay the Apple Way' Campaign Revolutionizes Payment Methods"

Apple has launched a new advertising campaign called "Pay the Apple Way" to promote its Apple Pay payment method. The campaign showcases the ease and convenience of using an iPhone or Apple Watch for contactless payments, emphasizing the simplicity, speed, and security of Apple Pay. The ads are being displayed on billboards in the US and UK, and will also be featured on social media platforms like TikTok, Twitter, and Instagram. Apple Pay is widely accepted by retailers in the US and is one of the most popular contactless payment methods.

via MacRumors|
#advertising#apple#apple-pay
technology2 years ago

"Google Wallet Introduces Pass Sharing Feature for Enhanced Convenience"

Google Wallet is introducing a pass sharing feature that will allow users to share select passes, such as event tickets and boarding passes, with other Google Wallet users. The feature will be enabled by companies that issue passes through Google Wallet, and users will be able to identify shareable passes by a Google "Share" icon. However, once a pass is shared, it cannot be unsent, and the recipient can forward it to anyone. This addition comes as Google has been adding various features to its Wallet app, but it is worth noting that Apple Wallet has supported pass sharing for years.

via The Verge|
#android#apple-wallet#google-wallet
technology2 years ago

The Future of NFC: Longer Range, Faster Charging, and Contactless Payments

The NFC Forum is looking to increase the range of NFC signals to a distance as far away as 30mm or 1.18 inches, which would make it easier for Apple Pay and Google Pay users to complete transactions. The NFC Forum is also looking to hike the technology's current wireless charging specification from 1 watt to 3 watts, which would bring wireless charging capabilities to "new and smaller form factors." The NFC Forum is collaborating with its 400 members and industry groups to make sure that initiatives become a possibility over the next two to five years.

via PhoneArena|
#apple-pay#google-pay#mobile-payments
technology2 years ago

NFC Payments Set to Go Fully Contactless and Faster in the Near Future

The NFC Forum has released a technology roadmap for near field communication (NFC) through 2028, with plans to increase the range of NFC to four to six times the current operating distance, improve wireless charging specification from 1 watt to 3 watts, and support several actions with a single tap. These developments could enable faster transactions, fewer failed ones, and the possibility of NFC-enabled smartphones serving as point-of-sale devices in the future. The timeframe for these plans spans two to five years.

via Engadget|
#contactless#mobile-payments#nfc