Consumer Payments/page/3 news and trends

Digital Wallet Providers Face Uphill Battle Defining the Technology
Digital Payments // September 19, 2024

Digital wallets are table stakes for most consumer across five major markets (Brazil, France, Germany, Brazil, the U.K. and the U.S.). In fact, 86% of consumers say they are familiar them. However, some are using them without quite knowing what they are. For example, just...

Entrata Teams With Flex as Renters Seek Digital Payment Solutions
Consumer Payments // September 17, 2024

Entrata, an operating system for multifamily communities, has teamed with financial wellness solutions provider Flex. The collaboration, announced Tuesday (Sept. 17), lets residents divide their monthly rent into “smaller, more manageable payments,” while still letting property managers get the same single rent payment they expect...

Boomers Go Digital: The Surprising Rise of Digital Wallets Among Brazil’s Older Consumers
Digital Payments // September 05, 2024

Consumers in Brazil are embracing their digital wallets for making payments. Almost half of consumers use them for paying bills, for example. Surprisingly, it is the country’s baby boomers and seniors who are the most active digital wallet users when paying bills — and for...

France Keeps Mobile Wallets Ready for Post-Olympic Events
Digital Payments // August 14, 2024

Consumers in France are embracing digital wallets for payments. For example, more than one-third (38%) use them for online shopping. Surprisingly, we find millennials in France are more likely to use these wallets for online shopping than Generation Z consumers. In fact, Gen Z is...

Interviews & Exclusives
Digital Wallets: New Report Bridges Gap Between Awareness and Usage

October 01, 2024
Consumers across five major markets — Brazil, France, Germany, the United Kingdom and the United States — are generally familiar and satisfied with the experience of using digital wallets. The penetration of specific platforms, though, varies by country. Google Wallet use ranges from 20% in the U.K. to around 9% in France and Germany, for […]

Digital Wallet Providers Face Uphill Battle Defining the Technology

September 19, 2024
Digital wallets are table stakes for most consumer across five major markets (Brazil, France, Germany, Brazil, the U.K. and the U.S.). In fact, 86% of consumers say they are familiar...

Boomers Go Digital: The Surprising Rise of Digital Wallets Among Brazil’s Older Consumers

September 05, 2024
Consumers in Brazil are embracing their digital wallets for making payments. Almost half of consumers use them for paying bills, for example. Surprisingly, it is the country’s baby boomers and...

New Data: Germany’s Baby Boomers Flip the Script on Digital Wallet Usage

August 01, 2024
Consumers in Germany are embracing their digital wallets for payments. Nearly half (47%) use them for online shopping for example. Surprisingly, baby boomers and seniors in Germany are more likely...

Quick Reads
Entrata Teams With Flex as Renters Seek Digital Payment Solutions

September 17, 2024
Entrata, an operating system for multifamily communities, has teamed with financial wellness solutions provider Flex. The collaboration, announced Tuesday (Sept. 17), lets residents divide their monthly rent into “smaller, more manageable payments,” while still letting property managers get the same single rent payment they expect at the start of each month.  “It’s important to Entrata […]

Target Says Time’s Up For Paying With Paper Checks

July 05, 2024
Paying with paper checks at Target will soon be a thing of the past. The retailer said it will stop accepting personal checks at its stores later this month, according...

Venmo Debuts Feature for Managing Group Expenses

November 14, 2023
Venmo has unveiled a new in-app feature that aims to streamline splitting and managing expenses among groups. The new Venmo Groups provide users with a convenient way to divide and settle...

Expensify Ventures Into Personal Payments With New App

October 23, 2023
Expensify says it has made its first venture into the personal payments space with its new app. The firm says its new offering, announced Monday (Oct. 23), is an expansion of the company’s...