It’s a large volume opportunity for the BNPL player and helps Klarna compete with. It can also help keep users loyal to Apple as its NFC tech opens up
Its full rollout has been a long time coming. Now, it needs to expand its merchant network before it can really take off
The rollout extends Klarna’s in-store push and bolsters Alipay’s global expansion efforts
The issuer wants concessions from Apple to protect it from some of the issues Goldman Sachs has dealt with
The fintech wants to capitalize on the country’s rapidly digitizing payments market, but competing against both homegrown and other global players won’t be easy
The digital wallet’s rollout has been slow, but we expect strong uptake in 2025 thanks to its innovative features and bank integrations
Users can now add their US passports and more transit cards to their wallets, and Google is getting more companies to accept these passes
Digital wallets’ transformation into commerce enablers speeds up. We make a case for digital-only consumer credit cards. And we see a new threat that BNPL poses to credit cards.
It may be an olive branch for Gen Zers and millennials who may be upset over its decision to stop accepting Amex. It’s a win for Venmo’s monetization journey
Mobile proximity payments—those made in-store via mobile wallets—will grow as they continue building a feature ecosystem that binds payments to users’ daily commerce.
It also includes features to minimize checkout friction as Google Pay tries to streamline the experience
In the last of five reports in our “Payments Ecosystem” collection, we look at what’s influencing retail sales growth across in-store, online, and social commerce channels—and what it means for payment providers.
Digital wallets are gaining share of retail transactions in the UK. Retailers that don’t accept them risk losing sales.
In the fourth of five reports in our “Payments Ecosystem” collection, we look at what’s influencing growth across P2P, remittance, bill pay, payroll, and B2B transactions—and what it means for payment providers.
Consumers can turn off verification for certain purchases to ramp up the wallet’s convenience
It could eventually force Apple to open up its NFC capabilities to other mobile wallets, disrupting industry dynamics
Retailers need to take note—not having a customer’s preferred payment method can increase cart abandonment
Acquirers, networks, and issuers each play distinct roles in the payments purchasing chain. But those roles are shifting as providers adapt to the rise of software and value-added services, increased payment method choice, and cloud-based innovation.
The rollout includes AI-powered product recommendations and a one-click checkout experience. But in the fast-moving industry, these features could soon become commonplace among the major wallets
Fintechs, banks, and the government will reshuffle the payments deck in 2024. New features and competition will redefine the digital wallet user experience, and FedNow will pivot payment flows in new directions.
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