digital wallets

Digital Wallets, Pay by Bank and Push to Card Can Transform Cross-Border Payments
Digital Wallets, Pay by Bank and Push to Card Can Transform Cross-Border Payments
January 19, 2024  |  Cross-border Payments

Cross-border money movement’s digital makeover rests with a variety of endpoints. More specifically, the more ways there are to send and receive, the more options...

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PayFacs Bet Big on Digital Wallets in 2024
PayFacs Bet Big on Digital Wallets in 2024
January 19, 2024  |  Digital Payments

Digital wallets are increasingly becoming a staple for processing transactions in the software publishing industry. Seventy-one percent of payment facilitators (PayFacs) have adopted this technology...

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Google Aims to Take UPI Payments Beyond India’s Borders
Google Aims to Take UPI Payments Beyond India’s Borders
January 17, 2024  |  Google

Google Pay is working to expand India’s popular mobile payment system beyond that country’s borders. The tech giant has signed an agreement with the National...

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Optimizing Costs While Investing in Experiences
Optimizing Costs While Investing in Experiences
January 11, 2024  |  Opinion

PYMNTS asked industry executives across the payments and digital commerce landscape to give us their take on the pivotal shifts, technological advancements and strategies that...

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Ericsson Aims to Capture Half of African Mobile Wallet Market
Ericsson Aims to Capture Half of African Mobile Wallet Market
January 09, 2024  |  Mobile Wallets

5G network maker Ericsson reportedly has big plans for Africa’s mobile wallet market. The Swedish company’s software helps power more than 400 mobile wallet accounts around the...

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Visa and CIBC Collaborate on Sending Remittances to Digital Wallets
Visa and CIBC Collaborate on Sending Remittances to Digital Wallets
January 09, 2024  |  Cross-border Payments

Visa and CIBC have formed a new collaboration to help the bank’s clients send remittances across borders more conveniently.  With Visa Direct’s money movement capabilities, the clients of...

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Big Tech Group Opposes Proposed CFPB Digital Wallet Rules
Big Tech Group Opposes Proposed CFPB Digital Wallet Rules
January 09, 2024  |  Regulation

A tech lobbying group is pushing back against proposed regulations for digital wallet providers. The Computer & Communications Industry Association (CCIA) — whose members include Amazon and...

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Online Marketplaces Prioritize Digital Wallets and BNPL for Payment Options
Online Marketplaces Prioritize Digital Wallets and BNPL for Payment Options
January 05, 2024  |  eCommerce

Online marketplaces like Amazon, eBay and Rakuten are increasingly embracing embedded payments options for consumers, such as digital wallets and buy now, pay later (BNPL). According...

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MobiKwik Files for $84 Million IPO
MobiKwik Files for $84 Million IPO
January 05, 2024  |  IPO

Indian digital payments firm MobiKwik has filed for an initial public offering (IPO) worth up to 7 billion rupees ($84 million).  This move comes after the company’s...

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