Category: Mobile Payments

Many referred to mobile payments to be NFC technology but there are other avenues that many businesses are taking to keep up with this trend. For instance, some have used QR codes on bills that resolve to a mobile site enabling a secure mobile payment.

Older Android versions are decreasingly able to support Google Wallet

Jesse Collins
Google Wallet - Android 9 - Phone

The app now needs a device to run on Android 7 or higher to be supported Starting in June, Google Wallet will require a notably higher version of Android in order to be properly supported than it currently does. This could cut off users with older devices Google Wallet currently needs Android 7 or higher in order to be fully supported on a device.  That oldest possible version is indeed from quite a few years ago, but this doesn’t mean that people aren’t still using it.  However, it will mean…

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QR codes offer Tencent a fresh opportunity in Southeast Asia

Stephanie Beck
QR Codes - Payments - Southeast Asia Map

The quick response barcodes offer a new way for the Chinese company to expand in mobile payments. Tencent is looking to QR codes as a strong opportunity to expand its mobile payments system throughout more of Southeast Asia, using its WeChat Pay. The Chinese giant’s digital wallet is already ubiquitous domestically Tencent spoke at the edge of the Money 20/20 conference this year on the subject of technology in Asia.  There, a company exec said that by linking QR code mobile payment systems cross-border, WeChat Pay – called Weixin Pay…

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Mobile security remains a leading barrier to digital bill payments

Sam Lambert
Mobile security - Payment Concerns

As much as consumers are more confident in their devices, they still have serious concerns Mobile security was a substantial barrier to the widespread adoption of digital payments and wallet apps, despite the convenience they had to offer their users. Millions of people now use digital payments Still, as much as this technology has increased considerably in popularity in recent years, mobile security is still a leading barrier to its use or to the use of some of its features such as bill payments. About 60 percent of US consumers…

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Fitbit users really weren’t shocked about this mobile wallet warning

Jorge Gonzalez
Mobile wallet - Person wearing older Fitbit model with warning sign

The fitness tracker’s users were recently notified that the will be required to switch to Google Wallet Fitbit users knew that the change was coming, so when they received an email and/or notification telling them that they would need to switch to the mobile wallet of the gadget’s parent company, nobody was all that shocked. Fitbit Pay is shutting down and Google Wallet will take over Ever since Google acquired Fitbit, device wearers have been waiting for the announcement that the parent company would be using its own branded version…

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Wealthy consumers are using mobile wallets to pay

John Montgallo
mobile wallet - person making payment

Among high-earning shoppers, 55 percent use digital payments to complete their transactions After a slow start, consumers are increasingly using mobile wallets to pay for purchases both online and in-store. That said, some demographics are using the technology more than others Regardless of whether they are shopping in-person in brick-and-mortar stores, or are shopping online, consumers are turning to mobile wallets more often to complete their transactions. That said, these digital apps and platforms such as Google Wallet, Apple Pay, and PayPal aren’t limited exclusively to transaction completion while shopping. …

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