digital wallets

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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FinTech KindCard Set to Purchase Banking Platform OpenTransact
FinTech KindCard Set to Purchase Banking Platform OpenTransact
January 02, 2024  |  Acquisitions

Payments FinTech KindCard says it plans to purchase banking platform OpenTransact. The company has signed a letter of intent connected to its potential acquisition of...

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Buy Now, Pay Later to Surge in 2024 as Consumers Demand ‘Micro-Credit’
Buy Now, Pay Later to Surge in 2024 as Consumers Demand ‘Micro-Credit’
January 02, 2024  |  Buy Now Pay Later

Just a few years ago, buy now, pay later was a relatively new concept — one that’s now gone mainstream, Jacqueline White, president of i2c,...

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2023 in Review: Digital Wallets Emerge as Alternative Payment Method
2023 in Review: Digital Wallets Emerge as Alternative Payment Method
December 28, 2023  |  Mobile Wallets

In 2023, digital wallets such as Apple Pay and Google Pay gained popularity among consumers. Mobile wallets have moved from sending money to friends and...

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