Alphabet streamlines its mobile wallet app for improved offering

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Android Pay and Google Wallet will soon be combined into a single Google Pay service. Alphabet Inc. has announced that its mobile wallet app offerings will soon be streamlined into a single service. It will be bringing its Android Pay and Google Wallet into a single brand, which it will call Google Pay. The goal is to make it easier for users to make mobile payments using information saved into their Google Account. “With Google Pay, it’ll be easier for you to use the payment information saved to your Google…

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Mobile commerce set to grow twice as fast of e-commerce in the coming years

Mobile commerce growth global world

Information from Coupofly shows that the mobile payments market is growing extremely quickly The mobile commerce market may soon grow twice as fast as the e-commerce space. According to information from Coupofly, the mobile commerce market is growing aggressively, with consumers becoming more comfortable with the idea of using their smartphones and tablets to purchase products. Coupofly notes mobile payments now accounts for 34% of all digital transactions throughout the world. This market is expected to grow by 31% in 2017, more than 200% faster than the growth of the…

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Can Google’s mobile payments be made hands-free for Android and iOS?

google hands free mobile payments

The tech giant is now testing out a form of smartphone based transaction completed without lifting a finger. While many people might think that contactless mobile payments using NFC technology is essentially as convenient as transactions can get, as they’re simply a matter of waving a smartphone or wearable tech device (such as a smartwatch) over a reader at a cash register, Google is now looking to boost convenience even further. The search giant is now promoting the use of its Hands Free mobile app to let users pay without…

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Mobile commerce is evolving with the help of social media

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Social media companies are looking forward to the evolution of mobile payments Social media companies see a great deal of promise in the mobile commerce space, especially if it continues to become more personalized for consumers. The world of mobile commerce is beginning to evolve, with retailers and brands offering more personalized experiences to consumers. Facebook, Google, and Foursquare are all trying to deliver these experiences as seamlessly as possible in order to secure the growth of mobile commerce and its continued evolution. Facebook sees great promise in engaging with…

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Google launches its new mobile payments service

Google Wallet Mobile Payments

Google has officially launched Android Pay Google is taking another swing at mobile payments with the launch of its Android Pay platform. The new platform has been officially launched in the United States and is designed to work alongside Google Wallet, which is the company’s initial foray into the mobile commerce scene. Google has worked with various organizations to ensure that its mobile payments service will be as widespread as possible. Currently, Android Pay is accepted at more than 1 million retail locations throughout the United States. Android Pay is…

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Mobile payments adoption remains somewhat slow despite promising potential

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Mobile payments are growing more popular, but adoption is not as high as companies would hope Mobile payments have gained a great deal of popularity in recent years, but adoption may not be growing as quickly as some may believe. Several companies have become involved in the mobile payments market, but they are finding it somewhat difficult to attract consumers to their new payment services. This has been the case for Apple and Google, whom have already established a foothold in the payments market, but have encountered difficulties when it…

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Google’s mobile payments platform is now FDIC-insured

Google Wallet Mobile Payments

Google wins FDIC coverage for its mobile payments service Those using Google Wallet are in for some good news. Funds associated with the mobile payments platform are now insured by the Federal Deposit Insurance Corporation (FDIC). This federal organization provides insurance coverage for funds held by banking institutions up to $250,000. This means that if Google Wallet were to be dissolved entirely, those using the service will not lose the funds they have stored on the platform. Google Wallet now has insurance coverage for its funds Google Wallet is one…

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Google confirms new mobile payments framework called Android Pay

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Google has announced details concerning Android Pay project at the Mobile World Congress Google has confirmed that it is developing a new mobile payments structure, which will be called Android Pay. Rumors concerning this new project have been circulating for a few weeks, but Google had been secretive with its plans concerning the new initiative. During the recent Mobile World Congress, Google announced the Android Pay project, which aims to serve as a platform that anyone can use to develop a mobile payments system. Android Pay will initially support mobile…

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Google may be launching new mobile payments API

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Google could introduce the Android Pay API at its upcoming event in May Google is preparing to make another move in the mobile payments sector. The company recently announced that it had acquired Softcard, a mobile commerce firm, which could help its struggling Wallet platform find some traction with consumers. The company is now expected to introduce a new mobile payments API at its annual Google I/O event at the end of May. The API is called Android Pay, and may have a major impact on Google’s position in the…

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Softcard packs in its mobile wallet

softcard mobile wallet

The struggling payments app announced its shutdown only days after selling its tech and intellectual property to Google. Only a few days after having announced that it would be selling all of its technology and intellectual property to Google, Softcard has now revealed that it will be shutting down, completely. This joint venture among Verizon Wireless, AT&T Mobility, and T-Mobile USA faced too many obstacles. The team at Softcard is now recommending that Android users who had enjoyed their mobile payments application should now make the move to the Google…

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Google may be working on a new mobile payments system

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Plaso could be Google’s next foray into mobile commerce Google may be in the process of testing a new mobile payments system that it has codenamed “Plaso.” Rumors suggest that the company is currently testing this new service internally, working with partners that may include Papa John’s and Panera Bread. The new mobile payments system may be a potential replacement of Google Wallet, which has struggled to find mainstream acceptance among consumers despite the growing popularity of mobile commerce. Plaso is designed to be contextually aware The new payment system…

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