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Shoppers spend more when they use digital wallets for payments

04/22/202404/20/2024 Jesse Collins

Consumers using online transactions spent 31 percent more than non-users in a recent US survey. US shoppers who use digital wallets spend significantly more across several major categories than their non-user counterparts. This was the finding of a PYMNT and AWS survey of 2,501 people The survey found that people using digital payments spent 31 percent more than non-users across a spectrum of categories. Restaurant sales saw the biggest difference, as people paying digitally spent an average of 33 percent more, since they spent an average of $44 per bill,…

EU drivers may soon be able to add licenses to mobile wallets

12/14/202312/15/2023 L. Green

The European Council has proposed the change as a part of a new package of legislation. The Council of the European Union has unveiled changes to a proposed package of legislation intended to make it legal for EU drivers to be able to add their licenses to mobile wallets in the form of the European Digital Identity Wallets. The first proposals were put forward by the European Union Commission as a “road safety package” component. This one of the two proposed legislative packages would include an entire overhaul of the…

New cross-border mobile payments agreement between India and Nepal inked

04/24/202304/22/2023 Jorge Gonzalez

The governments have designed an agreement to allow visitors to Nepal to use the digital transactions. The Indian and Nepalese governments have come to an agreement for the launch of a new mobile payments service that will allow visitors to use the option to pay for goods and services. Residents of the countries will be able to use their phones to pay for what they want when traveling. The hope is that the mobile payments option will make it easier for visitors from India to Nepal to travel and pay…

Target mobile payments will include Apple Pay, contactless cards and beyond

01/29/201901/27/2019 Jesse Collins

Soon Target customers will have the option to pay with their smartphone using multiple methods. Target mobile payments are set to expand to include Apple Pay, Google Pay, Samsung Pay as well as “contactless cards” from credit card giants Visa, MasterCard, American Express and Discover. Target customers can use both smartphone or compatible wearable devices to make their purchases. One of America’s most popular department store retailers, and the 8th largest in the nation, Target mobile payments were first rolled out in 2017. At the time, the popular wallet feature,…

The #3 Apple App Store application is an unofficial cryptocurrency wallet

12/13/201712/11/2017 Sam Lambert

bitcoin apple app store cryptocurrency mobile wallet

A recent report revealed that an unofficial version of the MyEtherWallet.com service was open for iOS device users. According to a recent report from TechCrunch, an unofficial MyEtherWallet.com application is being sold on the Apple App Store for users of iOS based devices. The unofficial version of the popular service comes with a price tag of $4.99 and is already #3 on the store’s list. The iOS app is only a week old and its name has already drawn a very high number of downloaders. The Apple App Store has…