It could eventually force Apple to open up its NFC capabilities to other mobile wallets, disrupting industry dynamics

We look at the demographic trends driving this and why retailers need to prioritize offering consumers’ preferred payment methods.

Retailers need to take note—not having a customer’s preferred payment method can increase cart abandonment

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

This effort to appease EU regulators could shake up the mobile wallet landscape, but Apple Pay’s dominance shouldn’t waver

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.

To overcome account opening headwinds, credit card marketers can explore credit card subscriptions, net worth data collection, and wallet-first cardholder experiences.

But the company also has plans to cut costs, which will include layoffs

The move can bring in more volume on PayPal’s cards and enhance consumer loyalty

Mobile wallet integration makes checking out more convenient, while composable commerce gives brands the ability to customize and alter their tech stacks to fit their specific needs. Generative AI helps to enhance personalization and product recommendations, and one-click checkout buttons speed up the payment process.