Digital wallets such as Apple Pay and Google Wallet provide consumers with convenient and secure ways to make in-store and online purchases without having to put sensitive credit or debit card data at risk. PYMNTS Intelligence’s “Tracking the Digital Payments Takeover: Can New Use Cases Drive Consumer Use of Digital Wallets?” found that a high percentage of consumers — …
Innovations in embedded finance have captured the attention of decision makers in the logistics and wholesale trade space. As a result, payment facilitators (PayFacs), independent software vendors (ISVs) and marketplaces are all working with these providers to help them integrate embedded finance capabilities, such as digital wallets and installment plans, into their websites and product …
Digital wallets — such as Apple Pay and Google Pay, which use near-field communication tags, and Amazon Pay and PayPal, which use QR codes — offer shoppers a contactless method to complete their purchases. Because digital wallets store encrypted debit and/or credit card information, they also provide consumers with a more secure way to shop …
More consumers than ever now rely on mobile apps to manage their daily chores. PYMNTS Intelligence found that a growing percentage of Americans click on apps to administer their bank activity (49%), bills and subscriptions (37%), savings and investments (26%), retail shopping (24%) and grocery purchases (14%). So, would a single “everyday app” that can …